International Free Zone Authority ifza

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International Free Zone Authority IFZA

International Free Zone Authority (IFZA)

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

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

Fast-track investors can get a Trade License within 2 working days. A general trading license is the cheapest in IFZA and allows the business to be run within a day. IFZA has other permits, such as consultant, commercial trading, service, industrial, and holding licenses.

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 investors. Due to the new free zone, IFZA designed many business setup packages for UAE business people and worldwide demand.

We are always ready to Assist you

“We’re here 24/7 to assist with business formation in Dubai, auditing, accounting, and tax services in UAE. Contact us:  +971 565539955.”

International Free Zone Authority IFZA

Advantages Of Company Formation In IFZA 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 are 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 a passport copy are required
  • A company with the suffix “LLC” (Limited Liability Company)
  • An employee visa does not require a guaranteed deposit.
  • Three-year UAE Residency visa for Owner & Employees
  • Easy bank account opening
ifza-workstations

Types Of Licenses In Dubai Ifza Freezone

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

1. A Consultancy License is granted to companies providing expert and professional consultancy services.

2. Service License allows service production, re-production, transformation, and distribution.

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

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

5. An Industrial License allows the importation of raw materials, production, re-production, manufacture, packaging, and export of goods.

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

IFZA Dubai Free Zone Company Formation Cost: Commercial License Packages

Commercial License – No Visa
AED 11,999

1 shareholder.
No visa.
Trade license.
Dedicated account manager.

Yearly Fee from the second year: AED 11,999 (all-inclusive)

Commercial License – 1 Visa
AED 16,999
Multiple shareholders.
1 visa.
Trade license.
Office rental agreement.
P.O. box.
Dedicated account manager.
Yearly Fee from the second year: AED 16,999 (all-inclusive)

Commercial License – 3 Visas
AED 20,999
Multiple shareholders.
3 visas.
Trade license.
Office rental agreement.
P.O. box.
Dedicated account manager.
Yearly Fee from the second year: AED 20,999 (all-inclusive)

Trading License Packages

General Trading License – No Visa
AED 13,999
1 shareholder.
No visa.
Trade license.
Dedicated account manager.
Yearly Fee from the second year: AED 13,999 (all-inclusive)

General Trading License – 1 Visa
AED 19,999
1 shareholder.
1 visa.
Trade license.
Office rental agreement.
P.O. box.
Dedicated account manager.
Yearly Fee from the second year: AED 19,999 (all-inclusive)

General Trading License – 3 Visas
AED 23,999
Multiple shareholders.
3 visas.
Trade license.
Office rental agreement.
P.O. box.
Dedicated account manager.
Yearly Fee from the second year: AED 23,999 (all-inclusive)

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: The E-channel registration fee (AED 5,000, a refundable security deposit) is payable for all visa packages.
  • The cost of an investor/employment visa is AED 4,700 per person. The residence visa is 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, if required.

Here are the timelines for establishing a free zone company in IFZA Free Zone, UAE.

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 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 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

Once the blood test report has been issued, you can proceed with the blood test and stamp the residence visa on your passport.