100000
Happy Customer
50000
CA & Lawyers
50
Offices| Aspect | Details |
|---|---|
| Timeline | The timeline to obtain IFZA Company Setup takes around 5 to 10 working days. |
| Benefits |
The benefits of obtaining IFZA Company Setup are as discussed below:
|
| Documents Needed |
The documents needed to apply for IFZA Company Setup are as provided below:
|
| Eligibility Criteria |
The eligibility criteria required for IFZA Company Setup are as provided below:
|
| Types of IFZA Business Registration |
The types of IFZA business registration are as provided below:
|
| Top Businesses Seeking IFZA Company Setup |
The top businesses seeking IFZA Company Setup are as provided below:
|
| Process |
The process to obtain IFZA Company Setup is as provided below:
|
| Post-Company Registration Compliance Requirements |
The post-company registration compliance requirements are as provided below:
|
| How Enterslice Can Help You? |
|
Let Enterslice guide you through a stress-free IFZA company setup process in one of the UAE’s most entrepreneur-friendly free zones.
The International Free Zone Authority (IFZA) in Dubai is rapidly becoming one of the most preferred jurisdictions for global entrepreneurs seeking an IFZA company setup with zero delays. It ensures that the entrepreneurs and businesses are enabled to become a part of an ever-evolving ecosystem combined with the highest level of competence, customer-oriented service, and regulatory knowledge.
The IFZA company setup offers ample opportunities to transform business ideas into reality, while contributing to economic growth and job creation in the UAE. With a flexible regulatory environment, cost-effective license package, and access to a wide range of business activities, IFZA empowers entrepreneurs, startups, and SMEs to scale quickly.
IFZA, which emerged as one of the most reliable and cost-effective free zones in Dubai, UAE, is well-known for offering business setup packages best suited to the needs and standards of entrepreneurs and international investors. Connect with Enterslice today to simplify IFZA business registration with expert guidance and no hidden charges!
Timely business setup in Dubai International Free Zone (IFZA)
Access to skilled workforce in respective free zones
Allows 100% foreign ownership with profit repatriation
Simplified import and export process in IFZA’s dynamic environment
Offers global connectivity to facilitate international business setup
Enable support from industry-specific free-zone clusters
Supported by a responsive and administrative business-friendly ecosystem
Ensures a time-saving registration process with minimal bureaucracy
The advantage of a competitive corporate tax applicable on profits above a limit
No physical presence required during the incorporation process
Flexible combination of multiple activities under one IFZA license
The IFZA in Dubai offers a wide range of licenses to different types of business models and activities seeking IFZA business registration. The key types are mentioned below-
A commercial business, also known as a trading business license, allows businesses to import, export, distribute, and store goods and products under one or more trading activities.
A professional business is a form of business setup that offers specialised services based on the intellectual or technical expertise opted for which a professional license is required.
IFZA industrial business, also known as manufacturing business activities, is suitable for those involved in the production, packaging, and assembling of goods and services.
A holding company license allows entrepreneurs to hold and manage the assets, shares, real estate, and investments of other companies.
A service license is granted to businesses involved in the production and transportation of services and a broad spectrum of service-oriented businesses.
A branch office is an extension of the parent company, which enables carrying out profitable business activities, gains, returns, expenses, debts, and liabilities.
A free zone company, FZCO, is a type of LLC having registered within a Dubai free zone with two or more shareholders, who can either be an individual, corporate entities, or a mix of both.
A Dual license business setup is a type of business license granted for dual licensing of business activities under the IFZA and Dubai Economic Department (DED).
The procedure to apply for IFZA company setup in the Dubai’s free zone involves compliance with the following steps, as discussed below:
The entrepreneurs must choose an appropriate business activity based on the nature of their operations and the type of license required for business setup in IFZA.
In the next step, you must reserve a unique company or trade name, that complies with the IFZA’s naming guidelines, not in conflict with existing business, and aligns with UAE regulations.
The entrepreneurs are further directed to decide upon the type of legal structure for their company, such as a Free Zone Company or a Branch Office.
The entrepreneurs are further advised to submit required documents such as passport copies, passport-sized photographs, and a brief business plan.
Once all the documents are duly submitted, the entrepreneurs must apply for initial approval with the IFZA, validating their business activity and legal structure before moving forward.
Next, the entrepreneurs must make payments of fees for company registration, license issuance, and establishment card as per the selected business package.
Upon successful approval and payment, the entrepreneurs receive a certificate of incorporation, a business license, and related corporate documents for the IFZA company setup.
After securing a business license, the entrepreneurs must apply for a UAE residency visa allocation through the IFZA’s immigration process.
Lastly, the entrepreneurs must open a corporate bank account with a reputed bank in the IFZA, to efficiently manage their business transactions.
Business setup in IFZA free zone, which is known for its speed and simplicity, takes around 5 to 10 working days, depending on the nature of the business activity, visa requirements, completeness of documentation, and collaboration with the IFZA and other UAE authorities.
Choosing a correct business activity and an appropriate legal structure for business setting up in IFZA takes around 1 working day.
The process of reserving a unique company name through the IFZA authorities takes around 1 working day.
Register for Corporation Tax with HMRC within three months of starting operations. Register for VAT and PAYE for employees if applicable. If necessary, apply for other industry-specific licenses or tax schemes.
Once you receive initial approval, the registration fees must typically be paid within 1 working day, either through online or authorised channels.
It takes around 2 to 3 working days for the issuance of a license or incorporation certificate needed for business setup in IFZA free zone.
Upon issuance of the certificate of incorporation, a timeline of around 2 to 3 working days is required to apply for the establishment card by the IFZA-linked immigration authorities.
It takes around 5 to 7 working days for every company to apply for UAE residency visa including entry permit, medical test & Emirates ID, and residency stamping.
On average, it takes around 3 to 7 working days to open a corporate bank account based on the type of activity and client profile.
The following list comprises the documents required for successful company registration in IFZA Dubai free zone, as discussed below:
Copy of passports of all directors and shareholders
Emirates ID (if the shareholder is a UAE resident)
Visa copy (if the shareholder is a UAE resident)
Notarized and attested copy of board resolution
Notarized copy of memorandum and articles of association (M&AOA)
Notarized copy of trade license (if necessary)
3 company name options according to the preference
Copy of passport with at least 6 months validity
Copy of residential address proof
Confirmation of business activity
The entrepreneurs applying for IFZA free zone company registration in the Dubai’s free zone get access to the following benefits, as discussed below:
The entrepreneurs applying for IFZA company setup enjoys access to regional and international markets via world-class infrastructure and trade networks.
IFZA free zone company registration ensures access to a tax-free environment offering competitive corporate tax rates with tax exemptions and incentives.
The entrepreneurs applying for IFZA free zone company registration get easy profit repatriation without restrictions or heavy taxation.
The IFZA Dubai free zone company formation allows access to quick licensing, flexible visa policies, and strong government support for startups and SMEs.
Business setup in IFZA Dubai free zone offers 100% foreign ownership, giving both individuals and foreign entities complete control without the need for a local sponsor.
Setting up a business in IFZA provides access to world-class infrastructural facilities, including modern office space, advanced IT support, and logistics upgrades.
Entrepreneurs applying for an IFZA company setup enjoy easy access to UAE residency visas for themselves and their family members.
IFZA, having a politically stable and pro-business regulation, offers a secure investment climate, allowing foreign entrepreneurs to confidently invest in the Dubai free zone.
The entrepreneurs seeking IFZA business registration must comply with the following eligibility criteria established by the authority, as discussed below:
Have a look at the list of top industries and businesses seeking company setup in IFZA, as discussed below:
Industries for IFZA Dubai Free Zone Company Formation
Industries for IFZA Free Zone Company Setup
Once your company is successfully registered with IFZA, several post- incorporation services are required to ensure full compliance and smooth business operations in the IFZA Dubai free zone, as discussed below:
Our primary object at Enterslice consultancy ensures creating a solution best suited for the legal requirements and needs of our client businesses. Talk to our experts and get personalized guidance for choosing the right license and business activity for the IFZA Company setup as discussed below:
Have a look at the following answers to the most asked questions
The IFZA which stands for International free zone authority was established back in 2018 in Fujairah, but later moved its headquarters to Dubai in 2020.
No, IFZA is not a government company in Dubai. It is simply a free zone authority regulated by the Dubai Silicon Oasis, not a government entity itself.
The CEO of the IFZA is Jocken Knecht, who recently featured in a CEO Spotlight by Bizpreneur Middle East where he discussed IFZA’s role in empowering entrepreneurs seeking business setup in the IFZA Dubai free zone.
Yes, a company registered in the IFZA can buy a property in Dubai, specifically designated freehold areas with conditions and regulations that apply.
Yes, the IFZA free zone offers 100% tax exemption on corporate income and personal income of the individuals and corporate entities.
The IFZA freezone visa in the UAE is typically valid for 2 years. However, it can be renewed and extended for another 2-year period upon expiration.
Yes, IFZA is a good Dubai-based free zone, known for its cost-effective and ease of company setup as discussed below:
To cancel an IFZA license, you will need to follow a formal liquidation process which involves notifying IFZA, setting all outstanding dues, cancellation of visas, and submitting final documents through a board resolution.
No, you do need a local sponsor for IFZA business setup in Dubai’s free zone.
The companies setting up their business in IFZA free zone must either choose services, consultancies, industrial trading, holding, or general trading activities.
Yes, IFZA allows you add up to 7 business activities under one line, anytime as your business grows.
No, you are not required to live in Dubai, rather suing a virtual or flexi-desk office for remote operation is preferred to run IFZA business setup in Dubai free zone.
Yes, while IFZA generally offers 100% foreign ownership, there exist some restrictions and considerations for company formation in IFZA. The businesses operating within IFZA are generally limited to conducting activities within the free zone or internationally, with specific permissions or licenses required for regulated activities.
No, you cannot directly transfer a company from one free zone to another in the UAE. However, some free zones such as Dubai International Financial Centre (DIFC) may allow domiciliation of a company i.e., transferring the company’s registration to a new free zone while maintaining its legal identity and history.
An IFZA business license refers to the International Free Zone Authority license required to setup a business option in Dubai free zone. It facilitates a tax-efficient and streamlined environment for facilitating business operations in Dubai.
Yes, a foreigner is allowed to own 100% of their companies in IFZA, making it an attractive option for international investors and business.
The different types of UAE visas needed for IFZA residency permit includes, tourist visas, employment visas, investor visas, and family residency visas.
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