Calculate the exact government registration fees, visa quotas, banking options, and corporate tax substance rules for a Steel & Metal Trading company in Hamriyah Free Zone, Ras Al Khaimah.
A Steel & Metal Trading company in Hamriyah Free Zone, Ras Al Khaimah, costs from AED 12,000 in Year 1, covering government registration and license fees. Registration takes 2-4 working days and bank-account approval is 85%. It suits Industrial and trading, deep-water port access, heavy industries.
| Jurisdiction | Baseline Gov Fee | Processing Speed | Banking | Suited For |
|---|---|---|---|---|
| AED 12,000 | 2-4 days | Moderate | Industrial and trading, deep-water port access, heavy industries |
Industrial and trading, deep-water port access, heavy industries
Highly affordable. Office and warehouse rents are among the lowest in the UAE, starting from AED 30 per sq ft.
Home to Saqr Port, the Middle East's largest bulk handling port. Close connections to maritime trade routes.
Strong industrial talent pool in heavy manufacturing, mining, ceramics, and general commerce. Highly competitive salary expectations.
July 2025: Expanded investor access to strategic energy sector opportunities with ADNOC
July 2025: Organized 'Your Safety is Our Priority' campaign for free zone companies
April 2025: Won Global Free Zone of the Year awards 2024, ranked second globally
January 2024: Halliburton signed agreement for drilling tool calibration facility
Company setup in Hamriyah Free Zone starts from AED 12,000 per year.
Hamriyah Free Zone processes company registrations in 2-4 working days.
Bank account approval probability is 85%. Banking difficulty is rated Moderate.
Most UAE free zones including Hamriyah Free Zone allow remote company incorporation. Bank account opening may require an in-person visit.
Hamriyah Free Zone does not require paid-up share capital for most standard license types. Share capital is notional.
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