IFZA Free Zone | Company Formation in IFZA, Setup Process, License Cost

Name: Dubiz Business Setup
Brand: Dubiz
Rating: 5 (240 reviews)

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.

About IFZA Free Zone

Most reliable and cheapest freezone in Dubai

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

Types of licenses proposed by IFZA

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:

Professional License

Businesses providing professional consultancy and other services such as IT, lifestyle, education and management need an IFZA Professional License. Types of professional licenses include:

Logistics Consultancy
Cyber Security Consultancy
Web Design License
Event Management License
HR Consultancy
IT Consultancy
Real Estate Consultancy

Commercial License

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:

E-commerce License
General Trading License
Readymade Garments Trading License
Tourism License
Motor Vehicles Trading License
Cosmetics & Perfume Trading License
Food & Beverages Trading License

Foreign Branch

Companies that are incorporated in foreign countries are allowed to register a branch in International Free Zone Authority (IFZA).

Same business activities as parent company
100% foreign ownership
0% personal tax
Full profit repatriation
No local sponsor required
Easy setup & minimal paperwork

One license, multiple activities – By 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.

IFZA business setup cost

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.

Documentation requirement for business license

IFZA asks for minimal documentation for business setup. Here are the general documents that may be needed:

License Application Form

UBO List

Passport Copy

Digital Passport Photo

Emirates Copy for UAE Residents

Visa Copy for UAE Residents

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.

Simplified business registration process in IFZA – UAE freezone

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.

Choose Business Activities

The business activities you choose need a corresponding type of business license in IFZA. Wrong selection of these can lead to delays and cancellations.

Determine the Legal Structure

The most common legal structures in IFZA Free Zone include Free Zone Company (FZCO) and a branch of an existing company.

Register a Trade Name

Choose a suitable name for your business. Make sure you follow UAE’s naming guidelines to stay compliant.

Request IFZA’s Initial Approval

To proceed with company registration in IFZA Free Zone, you must first secure an NOC from IFZA authority.

Secure Office Space

Depending on your business nature, look for suitable office space. IFZA offers multiple options tailored for various needs.

Submit Documents for Registration

Submit required documents such as passport, visa, and Emirates ID copy. Registration takes around 5-7 working days.

Collect IFZA License

Once your application is approved, you will receive your license and registration documents.

Secure Establishment Card

Within 3 to 5 working days, you will receive your company establishment card.

Secure Entry Permit

Apply for an entry permit, enter the country using it, and get 60 days to complete further visa formalities.

Take Medical Test

Complete medical tests and biometric screening as part of the visa process.

Apply for Residence Visa

Submit documents for your UAE residence visa application. The number of visas depends on your IFZA package.

Collect Your Emirates ID

After your visa is issued, collect your Emirates ID.

Open a Business Bank Account

With a UAE bank of your choice, apply for a corporate bank account for your business.

Why is business setup in IFZA the right choice

Here are the benefits of IFZA Free Zone company setup that make it a top investment choice:

100% Foreign Ownership Allowed
100% Repatriation of Profits and Capital
Fast and Efficient Company Incorporation
Proximity to Airport and Seaports
0% Personal Income Tax

Lower Corporate Tax Rates
Minimal Documentation
World-Class Infrastructure
Custom Duty Benefits
Huge Networking Opportunities

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Handling the renewals

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.

License renewal:

Your IFZA license needs to be renewed annually. 30 days grace period is allowed after which fine of up to AED 1000 is imposed.

Visa renewals:

Timely renewals of visas make sure your stay in the nation remains legal.

Establishment card renewal:

Establishment card needs to be renewed as their expiry date approaches.

Types of office spaces at IFZA

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.

Know More

Start your IFZA business setup

Get expert guidance from Dubiz

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!

Expert Guidance for IFZA Company Registration

Fast and Hassle Free Business Licensing

Strong Local Ties with Government Agencies and Bodies

Customized Business Setup Packages

Expert PRO and Document Clearance Services

FAQs about IFZA company setup

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.

IFZA Company Formation in Dubai