At Dubiz, we understand the complexities & challenges of establishing a business in UAE’s evolving landscape. Our suite of expert business setup services is specially designed to support your venture at every stage, from inception to expansion.
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One of the leading investment hubs in Dubai, IFZA Free Zone, has become a favourite choice of entrepreneurs worldwide. The zone offers low-cost business setup packages that are budget friendly and designed for varied business needs. It is a hub where world-class amenities perfectly blend with the international service standards.
As one of the cheapest free zones currently in Dubai, IFZA offers 100% ownership, a user-friendly setup process, 100% profit repatriation and exclusive investor benefits. Other than that, it also offers flexible office solutions to businesses such as private offices, flexi desks and office suits. This makes IFZA stands out as a top location for Dubai free zone company formation.
If you are thinking about free zone business setup in Dubai, then IFZA could be a choice worth considering. Allow us, at Dubiz Business Setup, to make your IFZA business establishment smooth and hassle-free. With expert guidance, strong connections, and cost-effective packages, we ensure a seamless experience that will leave you happy and satisfied.
Situated just 20 minutes from Dubai International Airport and Downtown Dubai, IFZA Free Zone (International Free Zone Authority) offers the perfect location for starting any kind of business. The free zone is designed to attract international businesses and provides a conducive environment for their growth.
Regulated by Dubai Silicon Oasis | Multi-year license with discounts | Customized office space solutions |
Multiple activities under single license | Shareholders’ physical presence not needed for company registration | Most cost-effective business setup packages in UAE |
In IFZA, entrepreneurs can explore a generous range of business activities and choose the ones that meet their business goals. There are various types of business licenses available in IFZA Free Zone, meant for both large companies and startups:
Businesses providing professional consultancy and other services such as IT, lifestyle, education and management need an IFZA Professional License. Types of professional licenses include:
For trading, selling and buying of complaint goods within and beyond the boundaries of UAE, businesses can get commercial license in IFZA Free Zone. Types of commercial license include:
Companies that are incorporated in foreign countries are allowed to register a branch in International Free Zone Authority (IFZA).
Businesses can enjoy more freedom and flexibility by combining multiple activities under one IFZA license. The freezone offers more than 800+ activities from thriving industries. You get the opportunity to combine up to seven activities under one license.
Up to 3 activities can be combined free of cost, and for any additional activity, a fee of AED 1,000 must be paid. Moreover, IFZA lets you club professional and commercial business activities together under one license which gives you more business prospects. You can contact one of our IFZA business setup experts for detailed assistance.
The cost of company setup in IFZA starts at AED 12,900* with zero visa quota. There are many factors that determine the IFZA license cost for a business such as type of license, number and types of business activities taken up, number of visas needed, etc.
To determine the total cost for your business formation in IFZA Free Zone, please reach out to our free zone business setup experts. They will recommend you the best IFZA free zone packages as per your specific business requirements.
IFZA asks for minimal documentation for business setup. Here are the general documents that may be needed:
Please note that the requirements are subject to variations. For more details, you can visit IFZA’s official website or contact one of our UAE PRO experts.
Company formation in International Free Zone Authority (IFZA) follows a quick and easy process. When you partner with Dubiz, you ensure that your path is free from any hurdles, delays and mistakes. We will guide you at each stage as you progress towards getting your dream business established in IFZA.
The business activities you choose need a corresponding type of business license in IFZA. Wrong selection of these can lead to delays and cancellations.
The most common legal structures in IFZA Free Zone include Free Zone Company (FZCO) and a branch of an existing company.
Choose a suitable name for your business. Make sure you follow UAE’s naming guidelines to stay compliant.
To proceed with company registration in IFZA Free Zone, you must first secure an NOC from IFZA authority.
Depending on your business nature, look for suitable office space. IFZA offers multiple options tailored for various needs.
Submit required documents such as passport, visa, and Emirates ID copy. Registration takes around 5-7 working days.
Once your application is approved, you will receive your license and registration documents.
Within 3 to 5 working days, you will receive your company establishment card.
Apply for an entry permit, enter the country using it, and get 60 days to complete further visa formalities.
Complete medical tests and biometric screening as part of the visa process.
Submit documents for your UAE residence visa application. The number of visas depends on your IFZA package.
After your visa is issued, collect your Emirates ID.
With a UAE bank of your choice, apply for a corporate bank account for your business.
Please note that for your company registration, you do not need to arrive in Dubai, as IFZA Free Zone allows the company registration remotely as well. However, you will need to visit for medical check-ups, completing visa formalities and opening the bank account.
Do not worry if the process looks tiring. With us, you can navigate it effortlessly as we will assist you at every step. Our team of experts will guide you through seamless IFZA company formation by handling your company registration, business licensing, bank account opening, and more, on your behalf. Additionally, you can get all the essential PRO services under one roof with us. Let's start your business story!
Here are the benefits of IFZA Free Zone company setup that make it a top investment choice:
Having a dedicated business bank account for your business is very essential in IFZA. Without it, you cannot manage financial transactions such as making trade payments or collecting receipts. But here's the thing: opening a business bank account in IFZA is easier than you think! The free zone is home to many well-known banks where you can set up a bank account.
All you need is to give proper care to documentation and provide an overview of your business, like financial status and goals, to the bank. By entrusting the entire process to experts like Dubiz Business Setup, who know the compliance standards inside out, you can ensure smooth process.
Once you obtain your trade license and business visa, the journey does not end there. To continue your operations and stay legally compliant with IFZA rules and regulations, you must never ignore the timely renewal of essential documents.
Your IFZA license needs to be renewed annually. 30 days grace period is allowed after which fine of up to AED 1000 is imposed.
Timely renewals of visas make sure your stay in the nation remains legal.
Establishment card needs to be renewed as their expiry date approaches.
The place where most time is spent as a business owner, of course, is the office! IFZA offers a range of office solutions that best meet your needs. You can either get furnished offices with furniture, equipment and fixtures pre-installed or you can choose unfurnished offices and customize them to your taste and preference. Here are the office types in IFZA Free Zone:
Flexi desk: Shared workspace with 10 hours of access per week, an IFZA address, and one hour of meeting room access per month.
Flexi desk+: Own dedicated desk with unlimited access, an individual address, 5 hours of meeting room access per month and one parking space.
Dedicated workspaces: Unlimited access to a dedicated space in a shared environment, an individual address, 5 hours of meeting room access per month, 1 hour of conference room use per month and one parking space.
Private offices: Dedicated office with unlimited access, an individual address, 7 hours of meeting room access per month, 2 hour of conference room use per month and one parking space.
Personalized offices: Dedicated and personalized office with 24/7 access, an individual address, 7 hours of meeting room access per month, 5 hour of conference room use per month and two parking space.
International Free Zone Authority (IFZA) is the go-to choice for investors looking for their dream business setup in Dubai. It remains especially a top choice as it offers customized packages that can be tailored to the business’s needs.
If you are looking for the right business setup partner, your search ends here! Dubiz Business Setup has some of the best company formation experts in the UAE. We have a wide range of business setup services and have helped many entrepreneurs establish businesses in Dubai free zones. For your IFZA company formation, we can make the entire process simple for you. From the initial consultation to the bank account setup, you will receive assistance for each and every step. This is your sign to setup IFZA company!
The cost of IFZA residence visa starts from AED 3,750* per applicant. Please check with IFZA or contact us for latest updates.
Yes, IFZA allows for company registration remotely in which shareholders do not need to be physically present in UAE.
No, you cannot open bank account remotely. As per UAE central bank’s regulation, a physical visit to the UAE is needed.
No, IFZA lets you enjoy 100% ownership of your company and you don’t need a local sponsor.
You can get your IFZA business license in less than seven days, subject to your personal business situation.
No, not all business requires physical office space in IFZA Dubai. Some business license allows operating through virtual offices.