International Free Zone Authority (IFZA)

Business Setup in IFZA Free Zone

Setting up a business in the International Free Zone Authority (IFZA) offers entrepreneurs and companies a gateway to establish their presence in a thriving economic environment in the UAE. Located strategically, IFZA provides a robust platform with modern infrastructure, streamlined processes, and attractive incentives designed to support diverse industries. This introduction sets the stage to explore the benefits, procedures, and opportunities available for businesses looking to capitalize on IFZA’s business-friendly ecosystem.

IFZA Company Formation With Brightlink

IFZA is a leading Free Zone Community in Dubai with world-class infrastructure, state-of-the-art facilities, and business friendly regulations, making it an ideal destination for foreign investors looking to set up and grow their business.

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IFZA FREEZONE COMPANY FORMATION BENEFITS

100% ownership of commercial enterprises
100% repatriation of capital and profit
Tax-free import and export of goods in and out of the Free Zone
No paid-up share capital requirement
Incorporation of FZCOs or the registration of branch offices
Low tax rates

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IFZA FREE ZONE COMPANY FORMATION OFFERS

Take advantage of the incredible opportunities that come with locating your business in the UAE.
Set up your company in IFZA Dubai and enjoy exceptional benefits with Brightlink.

EVERY NEW LICENSE ADDS NEW TREES TO THE IFZA FOREST

SPECIAL PERCENTAGE OF FEE WAIVERS

ACCESS TO PREMIUM HEALTH INSURANCE THROUGH IFZA LIFE

REMOTE COMPANY FORMATION PROCESS

COMPANY FORMATION PROCESS

Incorporation of a Free Zone business at IFZA Dubai is a straightforward experience for business setup consultants. The IFZA Incorporation Process is identical for both individual and corporate shareholders, however, the supporting documents vary.

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CONSULTATION & PROPOSAL

Throughout this whole process of setting up your business with IFZA, you will be guided by our network of Professional Partners and by our competent and dedicated team at Brightlink. First, we will establish your Licensee’s requirements with you over the phone, by email or in our office at your convenience.

Once these are established, we will share a proposal that details:

Type of license
Visa Package
Business Activities
Office solutions

DOCUMENTATION

Client sends the following documents:

License Application Form
Passport Copy
Digital Passport Photo
Emirates ID and Visa copy for UAE residents

PROCESSING

Our support team will register your shareholder’s documents with the Freezone authority.

LICENSE APPROVAL

The Free Zone Authority approves the application.

MOA/AOA PROCESS

A digital Memorandum of Agreement/Articles of Association will be sent to all Shareholders for esignatures.

LICENSE ISSUANCE

A soft copy is sent via email with the original license available for collection from Free Zone office upon request.

CONTINUING CLIENT SUPPORT

Once the license is incorporated, our team will continue to support and assist you should you require:

Visa Processes
Office Solutions
Medical Insurance
Bank Account Opening Support
License Upgrades and Downgrades
License Amendments
License Renewals

World-Class Business Opportunities At Your Ease.

An opportunity for entrepreneurs to grow, with packages offering benefits such as lifetime visas.

IFZA, also known as International Free Zone Authority, is a prevalent free zone in the UAE. It has established itself as a leading investment hub in the country and ranks high on the UAE’s list of attractive free zones. This is due to its strategic location, being only 20 minutes away from Dubai International Airport and Downtown Dubai, and its cost efficiency.

Dubai Silicon Oasis Authority regulates the jurisdiction and offers various IFZA free zone packages for entrepreneurs. These packages come with an array of benefits and are highly pocket-friendly. Entrepreneurs can choose between flexi-desk or office spaces upon setting up a company, and IFZA visa costs are one of the most economical in the UAE.

Overall, IFZA is an excellent choice for entrepreneurs looking for a cost-efficient and strategic location for their business in the UAE.

Essential Documents For IFZA Business Setup

The Documents Needed For Setting Up An IFZA Company Include The Following:

Copies of the passport(s) belonging to the owner/owners of the company.
A copy of the valid visa(s).
Two passport-sized photographs with a white background

The Benefits Of IFZA Business Setup

Full Ownership: Foreign investors are to have 100% ownership. They get complete control and authority over their ventures.
Full Profit Repatriation: Transfer all your profits back to your home country without any restrictions.
Less corporate tax: Exempt from paying corporate taxes if not dealing with mainland companies. Retain profits and reinvest as needed.
Access to global markets: Multicultural environment facilitating networking with a diverse global business community. Open doors to valuable partnerships.
No Physical Presence Required: Complete your IFZA company registration without needing to be physically present in the UAE.
Flexibility for Multiple Activities: Operate multiple activities under a single license. Diversify and expand your operations.

IFZA Business License Options

The IFZA provides various license options and business activities tailored to meet the requirements of small businesses and large international operations.

General Trading License In IFZA In IFZA, the General Trading License enables companies to trade an array of products across different industries, both locally and globally. It provides flexibility by encompassing multiple activities within a single license. There is an exception of restricted items such as arms and alcohol. Additionally, IFZA offers a Commercial Trading License that permits up to three business activities under one General Trading License.
Professional License This license is ideal for businesses engaged in providing professional consultancy and various types of services, such as technical, lifestyle, and other similar service categories.
Commercial License This license grants authorisation for importing, exporting, distributing, and storing specified items.
Branch Office Foreign companies incorporated outside the region may also establish a branch at IFZA.

A Chance To Make Your Vision A Reality With Brightlink Management Consultancy

Get your commercial/professional business license effortlessly. Prices start from as low as AED 14,900*!

Enjoy substantial discounts of up to 25% on new license registrations and renewals.

How to Get Started?

Complete this form. Get your personal advisor from Brightlink.
Determine your preferred activity and submit the necessary documents.
Receive your business license in less than 48 hours!

Together, let’s envision boundless opportunities.

International Free Zone License

IFZA license costs are also highly affordable. The business setup cost in IFZA starts from AED 14,900*. These packages range from zero visa packages all the way to 6 visa packages. All business activities permitted in IFZA are taken from the Dubai Department of Economic Development (DED).

IFZA Visa

IFZA visa costs start from AED 3750*. In addition, the free zone is constantly coming up with promotions and with improved pricing to help investors looking to get started with company formation in IFZA.

Licence Renewal In International Free Zone Authority

The renewal process of businesses in the IFZA is highly cost-effective and straightforward. To complete the renewal process for your company, you must pay the renewal fee and submit the signed lease agreement for your facility. You can renew your license through an agent without being present in the UAE.

Business Liquidation In IFZA Free Zone

Similar to renewal, company liquidation also does not need the owner’s physical presence and can be accomplished through an agent. You will be required to pay a government fee to complete the liquidation process. Investors will be required to submit a detailed audit report at the time of license liquidation.

Company liquidation takes about one month to be completed and involves the following steps:

Cancellation of visas
Termination of the lease agreement
Closure of bank account

PRO Services Required In The IFZA Free Zone

Trade Name Approval
Labour Establishment Card issuance
Trade Licenses Amendment
Notary and Legal Authentication services
Tenancy contract procurement
Ejari registration and getting a unique Ejari code
Trade license Renewal
Residence visa processing for all employees and other business officials
Work permit acquisition for employees

Business Setup In IFZA Through Brightlink

Discover everything you need to know about setting up a business in the UAE.

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Frequently Asked Questions

Typically, you’ll need your original passport and a copy, a copy of your UAE resident visa, a salary certificate, and your Emirates ID card or a copy of the registration form if you haven’t yet received it.

Minimum balance requirements vary depending on the type of account and the bank. Generally, it ranges from AED 3,000 to higher amounts for certain accounts.

The account-opening process usually takes between a couple of days to a few weeks, depending on the bank and the type of account.

Yes, non-residents can open bank accounts in the UAE. However, they are typically limited to savings accounts and may need to provide additional documentation.

Yes, businesses can open corporate bank accounts in the UAE, typically as current accounts to handle a large volume of transactions.

Fees and charges vary between banks and account types. Common fees include account maintenance fees, transaction fees, and charges for additional services like checkbooks and debit cards.

Yes, most UAE banks offer online banking services, allowing account holders to manage their finances conveniently through web or mobile applications.

Yes, UAE banks usually offer international transfer services, allowing account holders to send money overseas. However, fees and processing times may vary depending on the destination and currency.