The International Free Zone Authority (IFZA) is positioned within the Emirate of Dubai and is approximately 20 km away from the city center. Originally established in Fujairah in 2018, IFZA later relocated its headquarters to Dubai Silicon Oasis (DSO) in Dubai. The Free Zone is specifically situated in DSO Digital Park, where it extends a range of licenses, including service, commercial, and holding company licenses, to attract investment from around the world.
This Free Zone offers a streamlined process for company registration and license issuance, typically completed within 2 working days. The range of licenses available includes Consulting, Service, Investment, Commercial Trading, General Trading, and Industrial licenses. Notably, IFZA provides the most affordable general trading license in Dubai. Unlike the usual requirement of demonstrating significant capital in the bank and paying high license fees for general trading activities, this Free Zone does not require proof of capital and charges a fee of only AED 10,000.
One of the notable advantages of this Free Zone is that investors can register their companies and obtain licenses without the need to travel to the UAE. IFZA has rapidly gained popularity among global investors within a short period of time. This is due to its attractive company setup packages, including options for 3-year and 5-year license packages offered at heavily discounted fees.
Why Choose IFZA to set up a Dubai Free Zone Company?
FZA has indeed positioned itself as a highly reliable and cost-effective free zone in Dubai, UAE. It has gained recognition for providing customized packages that cater to the requirements of individuals seeking competitive pricing for setting up a Dubai free zone company. Beyond its competitive pricing, IFZA is renowned for maintaining the highest standards when it comes to Dubai free zone company formation
In addition to company formation services, IFZA also offers a range of flexible workspace options to accommodate different business needs. These options include desks, private offices, and office suites, allowing entrepreneurs to choose the most suitable workspace solution for their operations within the free zone.
License types:
-Professional License:
For businesses providing professional consultancy and multiple types of services, for example technical, lifestyle and similar types of services
-Commercial License:
Authorizes the import, export, distribution & storage of specified items.
-Branches:
Foreign incorporated companies may also register a branch at IFZA.
Annual office rental fees:
10 hours of Flexi Desk access/week: AED 6,300
Unlimited access to a Dedicated Flexi Desk: AED 9,000
90 Days access to a Dedicated Office: AED 960/SQM
Unlimited access to a Private Office: AED 1,600/SQM
The Benefits of Establishing Your Business In IFZA
-Offers the most cost-effective business setup options in the UAE.
-Provides a diverse range of commercial, services, and trading activities.
-Physical presence in the UAE is not required for shareholders during IFZA company formation.
-IFZA free zone companies benefit from limited liability.
-Allows for 100% repatriation of capital and profits.
-Permits 100% foreign ownership.
-Enjoys 0% corporate or personal income tax.
-Does not impose a minimum paid-up capital requirement.
-Facilitates a swift company formation process.
-Offers a range of visa and non-visa packages.
-Well-connected to two-thirds of the world's population through flight routes.
-Opportunity to cater to a population of 9.8 million.
-IFZA companies can conduct business with both free zone and mainland companies.
-IFZA companies have the flexibility to operate outside the UAE as well.
-No no-objection certificate is needed from an employer for IFZA setup.
-Permits a combination of professional, commercial, and industrial activities under a single IFZA License.
IFZA Workspace
-FLEXI DESK
A shared workstation perfect for a startup entrepreneur
10 hours of access per week*
High-speed Wi-Fi
Shared ifza address
1 hour of meeting room usage per month
-FLEXI DESK +
Unlimited access* to a dedicated desk
Individual business address
High-speed wifi
5 hours of meeting room use per month
DEDICATED OFFICE
Private and secure workspaces for a predetermined duration within a one-year period.
Individual business address
High-speed wifi
Fully furnished
-PRIVATE OFFICE
Unlimited access to a dedicated office
Individual business address
High-speed Wi-Fi
7 hours of meeting room use per month
2 hours of conference room use per month
-PERSONALIZED OFFICE
Unlimited 24/7 access to a dedicated personalized office space
Furnished or unfurnished options
Individual business address
High-speed wifi
7 hours of meeting room use per month
5 hours of conference room use per month
updated on: 31 Dec 2023