IFZA Free Zone

The International Free Zone Authority (IFZA) is situated in the Emirate of Dubai. With a range of benefits to offer, it is all set to become a leading, state-of-the-art investment hub that is sure to help the UAE economy thrive further.

The free zone is strategically located to offer easy access to the booming markets. The advantages of setting up a free zone company here include streamlined procedures and open access to major shipping routes and ports.

Dubai Silicon Oasis has recently regulated a new business hub called IFZA – Dubai free zone. Within a short period, IFZA Dubai Free Zone Company Formation became a popular choice among investors from across the globe. One of the reasons being the attractive company formation packages it offers. IFZA – Dubai Free Zone offers 3-year and 5-year IFZA Dubai license packages.

International Free Zone Authority (IFZA) has gained a reputation for being the cheapest free zone for company formation in Dubai. IFZA UAE Free Zone has modern and high-tech corporate offices and storage places for renting at Dubai Silicon Oasis. It offers various facilities for Company Formation in IFZA, including huge conference rooms, digital equipment, high discount on the business license in IFZA, and good connectivity.

If you are also interested in forming a company in Dubai, we recommend you go for IFZA free zone company setup. In this blog, we have provided all the necessary information related to IFZA free zone company registration, business license in IFZA, and IFZA free zone license cost 2022.

Why Choose IFZA to set up a Dubai Free Zone Company?

IFZA emerges as one of the most reliable and cheapest free zones in Dubai, UAE. The jurisdiction is known for offering packages tailored to suit the needs of anyone looking for competitive pricing to set up a Dubai free zone company. Besides the pricing aspect, IFZA provides Dubai free zone company formation of the highest standard. Additionally, IFZA offers flexible workspace options in the form of desks, private offices, and office suites.

The Benefits of Establishing Your Business In IFZA

IFZA can easily be considered the ideal location for businesses to establish their presence in the UAE market. IFZA offers the lowest prices, easy-to-follow procedures and minimum requirements to investors who wish to establish their business in the UAE.

Other benefits of Dubai Free Zone Company Formation with IFZA

  • Most cost-effective business set-up options in the UAE.
  • Wide range of commercial, services and trading activities available.
  • Shareholders are not required to be physically present in the UAE for IFZA company formation.
  • IFZA free zone companies have limited liability.
  • 100% repatriation of capital and profits.
  • 100% foreign ownership allowed.
  • 0% corporate or personal income tax.
  • No minimum paid up capital requirement.
  • Quick company formation process.
  • Various visa and non-visa packages available.
  • Two third of the world’s population is easily accessible by flight routes.
  • You can cater to a population of 9.8 million.
  • IFZA companies can do business with free zone and mainland companies.
  • IFZA companies can also operate outside of UAE.
  • IFZA does not require a no objection certificate from your employer.

Professional, commercial and industrial activities can be combined under one IFZA License.

Types of IFZA licenses

The International Free Zone Authority (IFZA) issues several types of licenses:

Commercial license

A commercial license provides you with the necessary legal rights to initiate import, export, storage, and distribution procedures.

Industrial license

An industrial license is applicable for those companies who wish to import raw materials in their vicinity. It allows you to start a business in the manufacturing and processing of a few selected goods.

Professional license

Consultancy businesses and service providers are expected to have professional license issues for them.

Consultancy license

To provide expert consultancy services for professionals you must have a consultancy license in IFZA.

Service license

Production and transportation of services are the key activities allowed for those who have service licenses issued under their company’s name.

General trading license

A wide range of services and trading opportunities become available to you if you own an IFZA general trading license. A general trade license allows you to initiate trading of your goods and services in a B2B, B2C, and a C2B business model.

Cost of IFZA Free Zone License

IFZA free zone license cost in Dubai includes the cost of the general trading license, service license, and consultancy license. A detailed explanation of all the factors contributing to this prize pool is as follows:

The cost of the IFZA 1-year business license package with 1 investor visa can be anywhere from 17,900 – to AED 27,900. A 3-year IFZA business license package can cost you around AED 43,700 – AED 65,000. A 5-year IFZA free zone license cost can be around AED 62,500 – AED 85,300.

 

If you would like to set up a company in IFZA Free zone, contact ANUVI Business Solutions today. For more information, speak/chat with our experts on +971506472494 or email us at info@anuvibs.com.

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