International Free Zone Authority
Company Setup in IFZA Dubai
International Free Zone Authority (IFZA) Dubai
IFZA is a new business hub regulated by Dubai Silicon Oasis to setup company in Dubai. Within a short span of time, IFZA became the most favorite choice among global investors due to the attractive company setup packages with the option of having 3 year and 5 year license packages at heavily discounted fees.
Established in 2018 in Fujairah, IFZA shifted its base to the Dubai Silicon Oasis (DSO), Dubai. The Free Zone is based in DSO Digital Park and offers Service, commercial, and holding company licenses to global investors. Low cost company formation is the highlight of IFZA Free Zone.
International Freezone Authority has earned the reputation of being the cheapest free zone to setup business in Dubai. The availability of multi-year license packages and a wide range of business activity list makes IFZA a unique Free zone in UAE. IFZA is equipped with ultra-modern high tech offices and warehouses for leasing at Dubai Silicon Oasis. The facilities include large conference rooms at Dubai Silicon Oasis, and the Free Zone Authority can make arrangements for any international events at discounted rates in five-star hotels in Dubai.
QUICK COMPANY SETUP & REMOTE REGISTRATION
This Free zone facilitates quick registration of company and issuance of licenses in 2 working days. The normal licenses issued are Consulting License, Service License, Investment License, Commercial Trading License, General Trading License and Industrial License. IFZA issues the cheapest general trading license in Dubai. Usually general trading license (covering several commodities) requires huge Capital to be shown in bank and the fee for license is high. In this Freezone, the proof of Capital is not required to issue license and fees for general trading activity is AED 10,000. Along with general trading activity, it allows investor to add specific activity also. Being a new Freezone, IFZA has designed the company setup packages to meet the demands of new generation businessmen worldwide. Investors can register company and obtain license without traveling to UAE.
IFZA – BUSINESS NETWORKING EVENTS
IFZA is renowned for it constant engagement with partners and Client investors. It conducts one month long Polo event annually at Dubai Al Habtoor Polo & Beach Resort and Client investors get the chance to witness this scintillating event with their business friends. This event also opens a wide possibility of business networking with high net-worth individuals and owners of multinational companies and international celebrities.
Key Highlights of International Free Zone Authority (IFZA) Dubai
- Cheapest, quickest and easiest company formation
- 100% exemption from corporate and income taxes
- Physical presence of shareholder is not required
- 100% foreign ownership
- No Physical office is required
- Wide range of business activities available
- No Share capital is required
- No annual audit report is required
- Ability to incorporate holding companies
- 2 year UAE Residency visa for Owner & Employees
- No documents except the passport copy is required
- No guarantee deposit is needed for employee visa
Types of Licenses in IFZA Free Zone Dubai
The following licenses are available for Company Setup in IFZA (International Freezone Authority):
1. Consultancy License
This license is issued to the companies providing expert and professional consultancy services for professionals.
2. Service License
Service license allows production, re-production, transformation and distribution of services.
3. Trading License
This license allows the licensee to trade items specified on the trade license.
4. General Trading License
This license allows the licensee to trade wider range of items.
5. Industrial License
Industrial license allows to import raw materials, production, re-production, manufacture, package and export.
6. Holding License
This license allows the holding standalone assets and/or shares in other companies
General Trading License in IFZA Dubai, UAE
Any company planning to start the operation for trading multiple products which may or may not be related to a specific industry can opt for General trading license. General trading license in UAE allows the company to trade, import and export wide range of goods and products in the specific Emirate where the license is issued as well as the other Emirates.
General Trading License allow import and export of goods like building materials, accessories, clothes, home appliances, electronics, furniture etc. When you have multiple trading activities that are in different sectors, you can have a UAE general trading license that will cover all of it. Companies are allowed to trade any number of products but with an exception in the type of products like arms and ammunitions, tobacco, alcohol etc that are prohibited by the Government. General trading license in UAE is costlier when compared to other options but it has its own benefits like multiple activities can be covered under one umbrella.
Commercial Trading License in IFZA Dubai allows the entrepreneurs to trade in up to 3 permitted business activities under a single General Trading License. The Cost of General Trading License from IFZA Dubai will have an additional 10,000 AED as part of the General Trading License Fees.
License Cost in IFZA (International Free Zone Authority)
IFZA 1 Year Trade License Cost – TRADING / CONSULTANCY / SERVICE
| IFZA FREE ZONE LICENSE PACKAGE | VISA QUOTA | STANDARD FEE |
|---|---|---|
| Zero Visa | 0 | AED 12,900 |
| Option 1 | 1 | AED 14,900 |
| Option 2 | 2 | AED 16,900 |
| Option 3 | 3 | AED 18,900 |
| Option 4 | 4 | AED 20,900 |
PRO Services in IFZA
Prime Consult Business Consultants are registered agents for IFZA Dubai and are authorized for handling all the PRO Services in IFZA Dubai. We assist our clients in obtaining the establishment card for the company. The Establishment Card is a mandatory requirement for a complaint to apply for their employee’s residence visas.
Also, our PROs will process the residence visa and Emirates ID application of the investors, directors, and employees. Our team also assists in the processing of the dependent visas.
Establishment Card & Visa Fee Details
| Establishment Card Fee (1 years) | AED 2,000 |
| Resident Visa Fee (2 years) | AED 3,750 |
| Medical Fee | AED 870 |
| Emirates ID Fee | AED 370 |
Prime Consult’s PRO Services are not limited to applying and coordinating for Residence Visa issuance, but also for document clearance, legal attestation of company documents, residence visa cancellation, company closing, and many more allied services.
Additional Facilities Available in IFZA Freezone
IFZA (International Free Zone Authority) Workstations
The International Free Zone Authority has the top-class infrastructure to support business activities. There are most modern workstations, conference rooms, internet & customer support services for the investors. The flexible usage options and rental durations, 24/7 access, retail & residential areas, etc., make it a perfect choice for the investors to start their venture in the UAE successfully.
IFZA Flexi Desk
Flexi Desk+
IFZA Dedicated Workspace
The fast and easy company formation, a wide range of business activities, attractive license packages, modern facilities, 100% profit repatriation, foreign ownership, etc., is making IFZA the investor’s favourite choice for company formation in the UAE.
International Freezone Authority (IFZA) Offices
Company Setup Process in IFZA (International Free Zone Authority)
Prime Consult provides full support and do all the needful to help you in setting up your free zone company in the quickest way possible at International Free Zone Authority (IFZA), Dubai.
