International Free Zone Authority(IFZA)
IFZA is one of the business zones strategically located in Dubai, the largest city in the United Arab Emirates. It is the region’s most powerful business getaway and is central to Emirates commercial and economic activities. IFZA serves start-ups, SME’s and large scale holding companies. Luckily, you can find business and individual registrations as one package on FreeZoneMarket.ae at competitive rates.
IFZA creates a level playing field for the business to grow, whether a multinational or a local company. Its geographic location and global positioning make it a critical stop-over for businesses. The infrastructure and government policies on business and finance make IFZA one of the most important zones in the Emirates. It is easy, fast and cost-effective to get the required document for business setup and management.
As more people setup business ventures in Dubai, the city becomes a complete package for locals and foreigners. It is a cultural exchange and commercial development hub in the UAE. Foreigners can live, learn and do business in the city. The city boasts of over 2000 business ventures, among them holding companies and SMEs. They are broadly divided into 3 clusters; commercial, professional and industrial.
Company Setup in IFZA Dubai
- The Dubai Free Zones is an important hub in the Middle East region. It brings in traders and shoppers from all over the world, making it a multi-cultural and economic city. It informs the steady growth of AED in international markets. IFZA Dubai has a competitive rating on licenses. Other business costs are also fair, making it an all-around package for budding entrepreneurs. The taxation rates are also reasonable. Foreigners can own a business 100% and repatriate all profits to their home country. The government also does not charge a personal account or corporate tax to businesses. It also does not levy tariffs on imports and exports. When registering, all essential services are on one platform. From VISA to business account opening and any other document, you get it on FreeZoneMarket.ae. All administrative and business information is available online. It is not mandatory for company owners to be present when registering their companies. Most importantly, companies can get a harmonized IFZA license for all their business activities. Foreigners working for companies within the IFZA Free Zone do not require a NOC from their VISA sponsor. They do not need the permission of their resident VISA benefactor to register a business. The business incorporation process is fast and efficient with transparent and competitive pricing. You can get an office space, shared or private, quickly. FreeZoneMarket.ae can help you get a suitable office space for your company. It can also facilitate a good residence for you, your family, and your workers.
IFZA Free Zone: Easy & Quick company Setup process and remote registration
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How to Set Up a Free Zone Company with IFZA?
- Choose a Package: Select the package that fits your business needs.
- Submit Documents: Provide the following documents:
- Clear scanned passport copy of each shareholder(s), Manager and Director(s)
- UAE residence visa and Emirates-ID copy of each shareholder Manager and Director(s) (if available).
- Passport-sized photo of each shareholder(s), Manager and Director(s) with a white background.
- Application Processing: Our Business setup consultant will take care of finalizing your application. We will process it, and will issue your license in about three to five working days.
IFZA Free Zone: Registration & renewal cost:
IFZA license registration fees starts from 12,900 AED including registration address with 3 business activity under the same license category:| Type of licence | Visa Eligibility | License cost first year | License Renewal fee |
| ZERO visa package | AED 12,900 | AED 12,900 |
| 1 visa package | AED 14,900 | AED 14,900 |
| 2 visas package | AED 16,900 | AED 16,900 |
| 3 visas package | AED 18,900 | AED 18,900 |
| 4 visas Package | AED 20,900 | AED 20,900 |
How to get a UAE Residence Visa with IFZA Dubai Company?
Here are the simplified steps for getting your residence visa through IFZA:
- Establishment Card Application (2-3 days): If you chose a license with visa eligibility ( Visa quota), we’ll apply for the company’s establishment card, which takes about two to three Business days.
- Visa Application (4-5 days): We’ll prepare the visa application, and the UAE Entry permit (e-visa) will be issued in four to five working days once the application is submitted to IFZA Dubai and immigration department.
- UAE Visa Change Status (1-2 days) – Applicable if the person is inside country: Once the visa is issued, we’ll proceed with changing the visa status so the visa holder can do the medical test and Emirates ID biometrics. This change takes one to two working days.
Medical Test: The visa holder will take a medical test and apply for the Emirates ID. Medical results can be ready in as little as two hours with the VIP package or up to 3 days, depending on the chosen package.
Emirates ID Biometrics: After receiving the medical result, the visa holder can proceed with the Emirates ID biometrics.
Visa Stamping and Emirates ID Process: We’ll submit the required documents to the immigration department for visa stamping and residency approval and Emirates ID processing and issuance. Visa stamping process takes 2 to 3 working days, and the Emirates ID is issued Seven days after the visa is stamped and approved.
Residence visa cost: IFZA Dubai
The cost of residence visa with IFZA Dubai is:- IFZA visa fee, AED 3,750 ( Investor / Partner visa, additional AED 1,000).
- Establishment Card: AED 2,000 (1st year) | Renewal fee AED 2,200
- Medical check: AED 850.
- Emirates ID, 390 AED.
- Change of status: AED 1,600 ( applicable if the applicant is inside country).
