International Free Zone Authority ifza

International Free Zone Authority (IFZA) Fujairah

International Free Zone Authority (IFZA) is based in Fujairah. IFZA is a new Free zone business hub for new business in UAE. A Trade license is available at affordable prices. IFZA is a global attraction for the new business setup and easy access to other nearby emirates like Dubai, Sharjah, and Rasul al Khaimah. IFZA is one of the cheapest free zones to set up business in the United Arab Emirates.

International Freezone Authority provides the industry with world-class amenities with optional virtual office license facilities. International Free Zone Authority delivers all the required and unique benefits for company formation with a cost-effective fee structure.

Fast Track investors can get Trade License within 2 working days. General Trading License gets on cheapest cost in IFZA and runs the business within a day. IFZA has other licenses also available like consultancy license, commercial trading license, service license, industrial license, and holding license are also issued from Fujairah Authority.

Ajman Business Setup is a certified Agent for Company Formation in IFZA (International Freezone Authority) and we can assist Setup companies without any hassle to the investors. Due to the new Freezone IFZA designed many business setup packages as per UAE businessmen and Worldwide demand.

ADVANTAGES OF COMPANY FORMATION IN FUJAIRAH FREE ZONE

• 100% foreign ownership
• 100% exemption from corporate and income tax
• 100% exemption from corporate and income taxes
• Company setup in just one day
• The physical presence of shareholders is not required
• Cheapest, quickest and easiest company formation
• A wide range of business activities is available
• No Physical office is required
• No Share capital is required
• No annual audit report is required
• Ability to incorporate holding companies
• No documents except the passport copy are required
• A company with the suffix “LLC” – Limited Liability Company
• No guarantee deposit is needed for an employee visa
• Three-year UAE Residency visa for Owner & Employees
• Easy bank account opening

TYPES OF LICENSES IN IFZA FREEZONE FUJAIRAH

The following licenses are available in IFZA (International Free zone Authority):

1. Consultancy License: This license is issued to the companies providing expert and professional consultancy services for professionals.

2. Service License: This license allows production, re-production, transformation, and distribution of services.

3. Trading License: This license allows the licensee to trade items specified on the trade license.

4. General Trading License: This license allows the licensee to trade a more comprehensive range of items.

5. Industrial License: This license allows importing raw materials, production, re-production, manufacture, package, and export.

6. Holding License: This license allows holding standalone assets and shares in other companies.

Terms and conditions for visa-related packages:

• Two (2) business activities are already included in every trading license.
• General trading activity is only available with a visa package.
• All visa license packages include an office rental agreement.
• eChannel registration for visa: For all visa packages, the E-channel registration fee shall be payable (AED 5,000 is a refundable security deposit).
• Investor/employment visa cost: AED 4,700 per person. The Residence visa shall be valid for three (3) years.
• The medical fitness fee (AED 300 for standard and AED 875 for express service) is payable directly.
• The Emirates ID application fee (AED 370) is payable directly.
• The establishment Card cost is AED 1,500 for three years.
• Visa status change cost: AED 800 payable at the change of visa status change, if required.

Day 1 – Application submission

You will sign and submit your application.

Day 3 – Reservation of name

We will reserve your company’s name with the IFZA Fujairah Free Zone.

Day 4 – Submit documents to IFZA.

We will submit your application along with the required documents to IFZA.

Day 6 – Trade license is issued

IFZA will issue your trade license. We will send you a scanned copy for you to start your business activity.

Day 7

Original company documents will be available for collection at our offices.

Day 21

Immigration will issue the Immigration Card. It will enable you to apply for your visa.

Day 21

You will need to submit your visa application forms and the required documents.

Day 26

Your UAE entry visa will be issued and sent to you by email.

Day 27

You can proceed with the blood test and stamp the residence visa on your passport once the blood test report has been issued.