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Fees and timelines in 2024

Fees

payment by instalmentHamriyah free zone incorporation costs in Year 1 amount to US$6,950 and annual company costs in Year 2 and thereafter amount to US$2,490. The average fee per Hamriyah engagement amounts to US$21,980, which includes company incorporation and opening a local corporate bank account and all government fees.

Different Hamriyah entity types Cost Draft invoice
Free zone company US$21,980 View invoice PDF
Branch of a foreign company US$25,550 View invoice PDF

Other fee considerations

Timelines

The average Hamriyah company registration period is 17 weeks as outlined below:

hamriyah business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our free zone registration services in Hamriyah, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi