What can we help you find?

International Free Zone Authority

IFZA (International Free Zone Authority)

IFZA is a relatively new business hub set up by Dubai Silicon Oasis to establish a business in Dubai. In a short time, IFZA became the main choice of global investors because of its attractive package to start a business with the possibility of 3 years and 5 years license packages at a very reduced cost. The International Free Zone Authority has earned the reputation of being the cheapest free trade zone in Dubai.

The availability of multi-year license packages and various business listings make IFZA a unique free trade zone in the United Arab Emirates. International Free Zone Authority is equipped with state-of-the-art and high-tech offices and warehouses for rent in Dubai Silicon Oasis. Facilities include a large conference room at the Dubai Silicon Oasis and the Free Zone Office can organize all kinds of international events at discounted rates at five-star hotels in Dubai.

The Benefits of Setting Up a Business in International Free Zone Authority

Here are some of the benefits which entrepreneurs and foreign investors can avail by setting up a business in IFZA:

  • 100% exemption from corporate and income tax
  • A wide range of business activities is available
  • No Physical office is required
  • No Share capital is required
  • No annual audit report is required
  • No minimum share capital requirement
  • 100% foreign ownership
  • Cost-effective business incorporation solution
  • Low set-up cost
  • Multi-access to neighbouring and global markets by sea, land, and air
  • Full repatriation of capital and profits
  • Companies have limited liability
  • Ability to incorporate holding companies
  • 3 year UAE Residency visa for Owner & Employees
  • Easy bank account opening
  • No documents except the passport copy are required
  • No guarantee deposit is needed for employee visa

Types of Licenses Available in IFZA

The various types of licenses available from the International Free Zone Authority are:

Consultancy License

This license is granted to companies that provide expert and professional consulting services to professionals.

Service License

With the help of this business license, companies involved in the production, duplication, conversion and distribution of services are licensed.

Trading License

This license allows the licensee to trade in the goods specified in the trade license.

General Trading License

This allows licensees to trade a wider range of items.

Industrial License

This license allows the import of raw materials, production, reproduction, manufacture, packaging and export.

Holding License

This license permits ownership of individual assets and/or shares in other companies.

Facilities Provided by International Free Zone Authority

You have a wide choice of modern office solutions:

  • Modern, open interiors with ample natural light
  • Flexible usage options
  • Flexible rental duration
  • 24/7 access
  • European design

Storage facilities include a wide selection of sizes based on the highest international logistics standards:

  • Various sizes
  • Flexible rental duration
  • 24/7 access

Wide choice of high-quality points of sale for certain brands:

  • High-quality common areas
  • 24/7 security
  • Large storefronts
  • Easy access

How to Start a Business in IFZA?

With so many benefits, company formation in IFZA is a simple process. Most of the process is done online, and once all the documents have been submitted, it can take 10-12 days for officials to approve your company registration. The steps are as follows:

  • Get initial approval for name and activity. Keep in mind that the name must not resemble an existing business name
  • Obtain approval from the relevant ministry/institution if the activity is special
  • Write the articles of association of the company and the document needs to be notarised.
  • Certificates of the deposit must be obtained from the bank for the cash section and audit certificates for cash and non-cash contributions
  • Submit the application form and initial permit to the municipality along with a notarized copy of the deed of MoA, capital certificate, lease agreement, etc.
  • After being verified by the legal department, the company name is included in the commercial register and the articles of association are announced in the bulletin of the Ministry of Economy. The Municipality then issued a permit

What We Offer

In addition to the above benefits, IFZA has many other benefits to offer, such as low rates, minimized overhead, and shorter start-up times. A business license can be issued within 4-5 working days if all documents are submitted according to the law given by the authorities. It can be difficult for a foreigner to fully understand the laws on establishing a business in IFZA and may require the help of a consultant who is well versed in the process.

At MAD Middle East, we have a team of specialists who have extensive knowledge of the required procedures and documents and therefore can help you secure and deliver all documents on time. We can manage the entire process on your behalf from start to finish, allowing you to focus on building your business while we take care of all the time-consuming processes and requirements. Call us today, even if you need friendly advice.

Go Back

GET A QUICK ESTIMATE ON YOUR BUSINESS SETUP COST