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

This Free Zone streamlines the rapid registration of companies and the issuance of licenses within  3 to 5 working days. The licenses available include Consulting, Service, Investment, Commercial Trading, General Trading. IFZA Dubai  stands out by offering the most cost-effective general trading license in Dubai. Typically, obtaining a general trading license, which encompasses various commodities, demands a substantial capital display in the bank, coupled with high licensing fees. However, in this Free Zone, the presentation of capital proof is waived, and the fee for engaging in general trading activities is set at AED 10,000. Additionally, investors are granted the flexibility to incorporate specific activities alongside general trading. As a newly established Free Zone, IFZA has tailored its company setup packages to cater to the needs of the contemporary global entrepreneur. The unique feature allows investors to register companies and acquire licenses without the need to physically travel to the UAE.

How to Set Up a Free Zone Company with IFZA?

Setting up a Dubai free zone company with IFZA is simple. Just go to the website, pick a package that suits your business, and place your order. IFZA offers different packages for all types of licenses like commercial, professional, and general trading.

Follow these easy steps to register your Dubai free zone company with IFZA:

  1. Choose a Package: Select the package that fits your business needs.
  2. 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.

How to get a UAE Residence Visa with IFZA Dubai Company?

Here are the simplified steps for getting your residence visa through IFZA:

  1. 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.
  2. 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.
  3. 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.
  4. 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.

  5. Emirates ID Biometrics: After receiving the medical result, the visa holder can proceed with the Emirates ID biometrics.

  6. 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.

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

Residence visa cost: IFZA Dubai

The cost of residence visa with IFZA Dubai is:

  1. IFZA visa fee, AED 3,750 ( Investor / Partner visa, additional AED 1,000).
  2. Establishment Card: AED 2,000 (1st year) | Renewal fee AED 2,200
  3. Medical check: AED 850.
  4. Emirates ID, 390 AED.
  5. Change of status: AED 1,600 ( applicable if the applicant is inside country).

How FZM Team can help you with setting up your business in IFZA

Our experienced Business Setup Consultant have been assisting investors to start businesses in IFZA. With over 14 years of experience about the process and compliance, and can offer you the advice you need.

Our team of experts is ready to quickly and efficiently get your company up and running. We’re here to answer your questions, hear your comments, and welcome any suggestions that can improve our service to you.

For more information on IFZA Free zone services, please contact us on info@FreeZoneMarket.ae or call us on +971 4 876 9890

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