IFZA Free Zone Business Setup Dubai
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About IFZA Free Zone Dubai
Why Choose IFZA for Business Setup in Dubai
The Benefits of Establishing Your Business in IFZA
IFZA stands out as a prime choice for business formation in the IFZA Free Zone, Dubai, offering numerous advantages for investors looking to enter the UAE market. With the most cost-effective business setup options in the UAE, IFZA provides an affordable and efficient way to establish your presence. The process is straightforward with minimal requirements, and shareholders are not required to be physically present in the UAE.
Additional benefits of Dubai Company Formation in Free Zone with IFZA include:
- A wide range of commercial, service, and trading activities.
- Limited liability for IFZA free zone companies.
- 100% repatriation of capital and profits.
- 100% foreign ownership allowed.
- 0% corporate and personal income tax.
- No minimum paid-up capital requirement.
- Quick dubai free zone company formation process.
- Various visa and non-visa packages available.
- Easy access to two-thirds of the world’s population via flight routes.
- Ability to cater to a population of 9.8 million.
- Opportunities to conduct business with both free zone and mainland companies, as well as internationally.
- No need for a no objection certificate from your employer.
- Ability to combine professional, commercial, and industrial activities under one IFZA trade license in Dubai.
IFZA provides a comprehensive and flexible framework for business formation, making it an ideal choice for opening a company in Dubai.
3 Simple Steps
Setting Up your business in IFZA Free Zone explained in three (3) simple steps
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Other Options
Other Options you maybe interested to start a business in Dubai and UAE
Meydan Free Zone
- Free zone based in Dubai
- Up to 49 shareholders
- Professional, commercial, and industrial license
Dubai Mainland
- Access to Local Market
- 100% Foreign Ownership
- Flexibility in Office Location
Ajman Offshore
- Well-developed infrastructure
- Cost-effective leasing
- Easy bank account opening
Rakez
- Free zone based in Ras Al Khaimah
- Up to 5 shareholders
- E-commerce, professional, media, and other types of licenses
Timeline
Step by step process of business setup in Dubai
IFZA Free Zone License and Companies
IFZA Dubai offers a range of licenses for Free Zone company setup to cater to different business needs:
- Professional License: Issued for consultancy and service-based businesses.
- Commercial License: Covers activities related to import, export, storage, and distribution.
- Industrial License: For the import of raw materials and the manufacturing or processing of goods.
IFZA allows the combination of up to seven activities under a single license or across different license types. Notably, IFZA facilitates a swift process with licenses issued within just four days and efficient company registration in Dubai. Since its inception, IFZA has provided tailored business setup packages to meet the diverse needs of international investors, enabling them to obtain a Dubai company license and register their companies without needing to travel to the UAE.
IFZA permits the incorporation of the following company types:
Limited Liability Company (LLC): In this structure, the company’s liabilities are separate from the personal liabilities of its shareholders. Shareholder liability is limited to their investment in the company, and assets are held in the company’s name, not the shareholder’s.
Branch Office: Existing companies can establish a branch in IFZA, provided the branch operates the same activity as the parent company. For financial and legal purposes, the branch is considered an extension of the parent company.
IFZA Free Zone Business Setup and Residence Visa Issuance Process
Why Choose IFZA?
International Free Zone Authority (IFZA) is a premier free zone in Dubai UAE, co-branded with Dubai Silicon Oasis Authority. IFZA is renowned for its cost-effective packages for IFZA Free Zone business setup, making it an ideal choice to establish a company in Dubai.
How to Set Up a Dubai Free Zone Company with IFZA
The process for IFZA Free Zone business setup is streamlined for ease. To get started, select your preferred package on the IFZA website based on your business needs. Alfa Zone provides various packages covering commercial, professional, industrial, and general trading licenses.
Step-by-Step Process for IFZA Free Zone Business Setup:
Select and Order a Package: Choose a package on the IFZA website and place your order.
Submit Required Documents:
- Clear, colored scanned passport copy of each shareholder.
- Latest UAE entry stamp or UAE visa of each shareholder (if available).
- Emirates ID copy (if applicable).
- Passport-sized photo of each shareholder with a white background (shoulders and head visible, in color, dark clothing, no jewelry or eyewear, no teeth showing).
Application Finalization: We will complete and process the application with IFZA. The license will be issued within four to five working days.
How to Obtain a UAE Residence Visa through an IFZA Company:
Apply for Establishment Card: If your package includes a visa entitlement, we will apply for the company’s establishment card, which takes five to seven working days to issue.
Visa Application: Due to current regulations, visa holders must be present in the UAE for visa issuance. We will prepare the visa application, with the UAE e-visa issued within four to five working days after submission to IFZA.
Change of Visa Status: After receiving the visa, we will manage the change of status, allowing the visa holder to complete the medical test and Emirates ID biometrics. This process takes one to two working days.
Rules for Change of Status (inside UAE):
- The visa holder cannot travel outside the UAE until the residency visa is stamped.
- After entering the UAE or completing the in-country status change, the visa holder has thirty days to complete the medical test and Emirates ID application.
Complete Medical Test and Emirates ID Application: The medical test results can be issued within two hours to seven days, depending on the chosen package. Required documents include:
- Original passport.
- Copy of e-visa issued by IFZA.
- Copy of change status confirmation.
- Three passport-sized photos (white background).
- Trade license.
- Establishment card.
Proceed with Emirates ID Biometrics.
Submit Documents for Visa Stamping:
- Original passport.
- Nine passport-sized photos (white background).
- Copy of e-visa.
- Copy of change status confirmation.
- Copy of stamped medical test result.
- Copy of stamped Emirates ID application.
- Copy of trade license.
- Copy of establishment card.
Visa stamping takes five to seven working days, and the Emirates ID is issued ten days after the visa is stamped.
Alfa Zone offers comprehensive support for IFZA Free Zone business setup and residence visa issuance, ensuring a seamless process for shareholders and employees.
Documents Required to Set Up Business in IFZA Free Zone
When setting up a business in IFZA Free Zone, the following documents are required:
Individual Shareholder(s):
- Passport copy
- Passport-sized photo (digital)
- Residence visa copy (if applicable)
- Emirates ID copy (if applicable)
Corporate Shareholder(s):
- Notarized and attested copy of board resolution.
- Notarized copy of trade license.
- Notarized Memorandum of Association
- Notarized copy of certificate of incorporation.
Frequently Asked Questions
Here are the most frequently asked questions regarding IFZA Free Zone company formation.
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Why Business Setup in UAE?
Maximize your earnings with the UAE’s 0% income tax policy.
- Repatriate 100% of your capital and profits to your home country.
- Capitalize on the growing market demand spurred by Expo 2020.
- Enjoy customs duty exemptions on imports and exports.
- Leasing office space might not be necessary, depending on the zone.
- Experience minimal paperwork and auditing requirements.
- Access new markets across the Middle East, Africa, Europe, and Asia.
- Full company ownership & easiest online processes.
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