About International Free Zone Authority
Dubai’s strategic location and business-friendly environment have made it a global hub for entrepreneurs and companies across various industries. Among the many free zones in Dubai, the International Free Zone Authority (IFZA) has become one of the most popular destinations for businesses looking to establish a presence in the UAE.
Offering a streamlined setup process and flexible solutions, IFZA provides a compelling option for international companies aiming to expand into the Middle East, Africa, and Asia. Additionally, the UAE Golden Visa offers long-term residency for investors and entrepreneurs, further enhancing the appeal of setting up in Dubai.
Whether you are a small startup or an established business, IFZA offers the right foundation to thrive in this dynamic region, with the added benefit of stable residency options through the Golden Visa.
Why Choose IFZA Over Other Dubai Free Zones for Company Setup?
| Feature | IFZA | Other Dubai Free Zones |
| Licensing Fees | Highly competitive, affordable | Varies, can be higher |
| Setup Process | Fast, typically under a week | May take longer, depending on the zone |
| Facility Options | Flexi-desks to fully equipped offices | Limited flexibility in some zones |
| Business Community | International, diverse networking | Varies by zone |
| Location | Centrally located in Dubai Silicon Oasis | Varies, may not have central access |
The Benefits of Establishing Your Business In IFZA
- 100% Foreign Ownership: No need for a local sponsor, allowing full control over your business operations.
- Zero Tax Policy: Exemptions from corporate and personal income taxes, maximizing profitability.
- Tailored Facilities: Options range from light flexi-desks for freelancers to full-service executive offices for larger teams.
- Simplified Visa Process: Easier access for business owners, employees, and their families to live and work in Dubai.
- Confidentiality & Data Protection: IFZA prioritizes confidentiality, providing a secure environment for companies dealing with sensitive information.
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License Types Available in International Free Zone Authority
- Consultancy License: Ideal for businesses offering professional advice in areas such as marketing, HR, finance, and more.
- Service License: For companies providing non-consultative services in sectors like IT, media, and specialized fields.
- Trading License: Recommended for businesses engaged in importing, exporting, or reselling goods in retail or wholesale capacities.
- General Trading License: Allows companies to trade a wide variety of products under a single license, ideal for larger businesses or those with multiple product lines.
- Holding License: Designed for investors who want to hold assets, intellectual property, and equity, without running operational activities.
Costs of License in IFZA, Dubai
The licensing fees at IFZA are designed to be affordable and transparent, with costs varying based on business type, the number of visas required, and the choice of facilities. IFZA offers competitive rates, making it an attractive option for startups and businesses looking to minimize their initial investment while still receiving comprehensive support services.
Documents Required for IFZA Company Setup
- Passport Copy: A clear copy of the business owner’s passport.
- Digital Passport Photo: A recent digital photo of the passport holder.
- Application Form: Completed and submitted application form.
- UBO Details: Information about the Ultimate Beneficial Owner (UBO).
- Emirates ID (for UAE residents): A copy of the Emirates ID.
- Visa Copy (for UAE residents): A copy of the UAE residence visa.
- Third-Party Approvals: Regulatory clearances may be required for certain business activities.
Step-by-Step Process for IFZA Business Setup
- Business Choice: Decide between a Free Zone Establishment (FZE) for single shareholders or a Free Zone Company (FZCO) for multiple shareholders, based on your business scale and ownership structure.
- Determine License Type: Choose the appropriate license (Consultancy, Service, Trading, General Trading, or Holding) based on your business activities.
- Facility Type: Select from various facilities, including cost-effective flexi-desks for small businesses or executive offices for larger operations, depending on your needs and growth plans.
- Submit Documentation: Provide required documents (passport copy, digital photo, Emirates ID) for faster processing.
- Pay License Fees: Pay license fees according to the chosen license type and facility.
- Sign E-Agreement: Sign the e-agreement once fees are paid, confirming your commitment and the terms of the setup.
- Share Capital: Deposit the required share capital, if applicable, to complete registration.
- Get Your E-License: Receive your e-license after all paperwork is processed, allowing your company to begin operations within the IFZA free zone.
Business Setup Cost in IFZA Free Zone, Dubai
IFZA offers a flexible and competitive cost structure suitable for businesses of all sizes. Costs vary based on office space, license type, and visa requirements. Whether you’re a small startup or a large enterprise, IFZA provides affordable packages that can be tailored to your budget while offering essential support and services.
What are the PRO Services in the IFZA Free Zone?
IFZA provides comprehensive PRO (Public Relations Officer) services to support businesses with key administrative tasks. These services include visa applications, document processing, legal compliance, and renewal assistance. PRO services are particularly beneficial for foreign companies unfamiliar with UAE regulations, ensuring they remain compliant with local laws. By handling these administrative duties, IFZA allows businesses to focus on their growth and operations without the complexity of managing legal procedures.
Other Support Services Offered by IFZA
- Networking Opportunities: Regular events for connecting with industry professionals and potential clients.
- Marketing Support: Assistance with brand promotion and digital marketing strategies.
- Office Setup Assistance: Full support with office design and infrastructure to ensure smooth business operations.
- Legal & Financial Advisory: Access to experts for navigating UAE regulations and business laws.
Frequently Asked Questions
1. Can I change my business activity or license type after establishing the business in IFZA?
Yes, you can modify your business activity or license type after establishment, subject to IFZA approval and applicable fees. This flexibility allows businesses to adapt to new market demands or expand their operations.
2. How many days does it take to set up a business in IFZA?
IFZA offers a fast-track setup process that typically takes 3 to 7 business days, depending on document completion and approval times, allowing businesses to start operations quickly.
3. Do I need a local partner to set up a business in IFZA?
No, IFZA allows 100% foreign ownership, meaning no local partner or sponsor is required for setting up your business, providing full control over your operations.
4. What types of facilities are available in IFZA?
IFZA offers a variety of facilities, including cost-effective flexi-desks for freelancers, as well as fully equipped executive offices for larger teams. The choice of facility depends on your business needs and growth plans.
5. What documents are required to set up a business in IFZA?
The key documents for IFZA setup include a valid passport copy, a recent passport-sized photo, an Emirates ID (for UAE residents), and a completed application form. Additional documents may be needed depending on the nature of the business.
6. Can I own 100% of my business in Dubai Mainland?
Yes, company formation in Dubai mainland for certain business activities, such as professional services, permits 100% foreign ownership. However, for other activities, a UAE national may need to hold 51% ownership as a local sponsor.
