img
img

IFZA Company Formation and Registration

  • Home
  • IFZA Company Formation and Registration
about_5_1

IFZA Company Formation and Registration

IFZA in Dubai is a top-notch Free Zone with excellent facilities and investor-friendly rules, making it perfect for international businesses to thrive.

IFZA Business Setup

The International Free Zone Authority (IFZA) is a leading free zone in Dubai, providing a dynamic business environment that caters to companies from various industries. Established in 2018 in Fujairah, IFZA originally operated as a remote free zone.

However, in 2020, IFZA strategically relocated to Dubai Silicon Oasis, placing it in close proximity to Dubai’s key business hubs and providing companies easier access to major cities and markets across the UAE. This move significantly boosted IFZA’s appeal, making it a more attractive destination for both local and international businesses.

IFZA is home to over 1,000+ active businesses and has quickly earned a reputation for its flexibility and affordability. Unlike some other free zones that cater to specific industries, IFZA does not limit businesses to a particular sector, which is one of its biggest strengths.

With more than 800 approved business activities, entrepreneurs and companies from virtually any industry can find a home in IFZA. Whether in trading, services, logistics, or even manufacturing, businesses benefit from streamlined processes and an attractive regulatory framework.

One of the most compelling features of IFZA is its competitive pricing structure, which has earned it the title of the cheapest free zone in Dubai. This affordability, combined with its world-class infrastructure and prime location, has drawn interest from entrepreneurs and investors worldwide.

In fact, more than 100 nationalities are represented among the businesses operating within the zone, making IFZA one of the most international free zones in Dubai. This diversity underscores IFZA’s global appeal and its commitment to fostering a vibrant, multinational business community.

Overall, IFZA is a versatile and cost-effective free zone that provides businesses with the flexibility and support needed to succeed in the UAE's thriving economy.

Book Business Solutions

    IFZA Business Setup Advantages

    service_card_bg_1
    service_card_1 1
    01

    Full Foreign Ownership

    International businesses do not require a local Emirati sponsor to be a partner to operate in IFZA, maintaining 100% ownership.

    service_card_bg_1
    service_card_7 4
    02

    Full Profit Repatriation

    There is no tax or restrictions on profits sent back to the home country.

    service_card_bg_1
    service_card_2 1
    03

    Tax Incentives

    Businesses are exempted from corporate taxes when not dealing with mainland companies and from import & export excise duties.

    service_card_bg_1
    service_card_4 1
    04

    No Physical Presence

    No need for an office or store in the UAE to operate your business using this license.

    service_card_bg_1
    service_card_7 3
    05

    Facilities & Amenities

    Flexi-desks, private office, dedicated workspace, and personalized offices. Wi-Fi, furniture, AC, printer, scanner, meeting rooms and others.

    service_card_bg_1
    service_card_6 1
    06

    Multiple Business Activities

    Under one business license a business can carry out multiple business activities without the need to change or update the license.

    Licenses Available in IFZA

    The free zone provides commercial and professional licenses and they cover the following:

    E-commerce License

    General Trading

    Tourism License

    Travel Agency License

    Computer Trading License

    Home Furniture Trading License

    Construction & Building Materials Trading License

    Tyres & Accessories Trading License

    Auto Spares & Components Trading License

    Real Estate License

    Holding License

    Food & Beverages Trading License

    Events Management License

    Human Resources Consultancy License

    Corporate Services Provider License

    Immigration Services License

    Green Buildings Consultant License

    IT Consultancy License

    Advertising & Marketing License

    Management Consultancy License

    Accounting License

    IFZA Business Setup Process

    Timeline: 1 to 4 weeks

    Choose Business Activity and License Type

    Select the appropriate business activity (commercial, industrial, professional) and license type (e.g., trading, consultancy, service).

    Select a Company Structure

    Determine the number of shareholders and ownership requirements.

    Reserve a Trade Name

    Ensure the desired trade name complies with the regulations and submit it to IFZA for approval.

    Takes 1 to 2 days

    Submit Required Documents

    Provide the necessary documents.

    Takes 2 to 5 days

    Receive Initial Approval

    Once the documents are submitted, the free zone authority will review the application for initial approval.

    Takes 2 to 5 days

    Sign and Submit Legal Documents

    After the initial approval, sign the required legal forms, such as the Articles of Association (AoA) and other agreements.

    Takes 1 to 3 days

    Choose Office Space

    Select an office space that fits your business needs and budget.

    Takes 1 to 2 days

    Payment of Fees and Issuance of License

    Pay the applicable license fees, once payment is confirmed, IFZA will issue the trade license.

    Takes 1 to 2 days

    Visa Application Process

    Apply for UAE residency visas through IFZA, for owner, employees, and investors.

    Takes 2 to 4 weeks
    why_5_1

    Company Formation in IFZA Dubai

    Setting up a company in IFZA, Dubai is a quick and straightforward process. For a seamless and hassle-free experience, it's advisable to work with a Registered Agent like RadiantBiz. Our expert team will provide comprehensive guidance and support throughout the company formation process and beyond.

    We’ll assist you in selecting the most appropriate and affordable business package to realize your dream company in Dubai. IFZA is a popular choice among foreign investors for their startup businesses.

    IFZA Free Zone offers a range of facilities, including offices, warehouses, residential apartments, hotels, and retail outlets. There are various license options available, such as Consultancy License, Service License, Trading License, General Trading License, Industrial License, and Holding License, to effectively cater to the needs of both small local businesses and large international enterprises.

    Get Started Today

    Ready to launch your Business?

    Book Free Consultation
    cta_bg_3 2

    Frequently Asked Questions

    Yes, a mainland company can do business in a free zone. The fundamental difference between mainland and free zone companies is that a free zone company cannot do business outside the free zone without the help of a local agent, whereas mainland companies are permitted to operate anywhere in the UAE.

    Businesses operating within Free Zones can still enjoy a 0% tax rate on qualifying income. However, to be eligible for this benefit, they must meet the relevant conditions set by the tax authorities.

    The benefits of a Free Zone visa include: Ability to operate in a tax-exempt environment, meaning companies will not pay corporate or income taxes on their profits. Facilitates easier reinvestment of earnings for quicker growth. Simplified business setup process with various incentives provided by the free zones.

    Generally, a company registered in a free zone cannot conduct business outside the free zone, i.e., on the mainland. However, if the company wishes to extend its business to the mainland, it must obtain initial permission from the relevant authorities.

    Yes, a Free Zone company can rent a mainland office in Dubai. However, they will need to obtain a No Objection Certificate (NOC) from the free zone authority to do so.

    To set up a company in a Dubai Free Zone, follow these steps 1.Choose a business activity and type of license. 2.Select the appropriate Free Zone based on your business needs. 3.Choose the right legal structure and licensing for your company. 4.Pick a business name and register with the Free Zone Authority. 5.Prepare the required legal documents. 6.Submit your company license application to the Free Zone Authority. 7.Pay the applicable fees and meet the capital requirements.

    Supply of Goods: The supply of goods from the Designated Zone to a supplier located on the mainland is considered an import. Therefore, the mainland supplier must pay VAT on a reverse charge basis, akin to importing goods from other countries.