International Free Zone Authority
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Who We Are
About IFZA
The International Free Zone Authority (IFZA) is one of the prominent free zones in the UAE, located in the emirate of Dubai. It offers a wide range of business setup solutions and benefits for entrepreneurs, startups, and established companies looking to establish a presence in the UAE. This guide provides an in-depth overview of IFZA, its benefits, business license types, the setup process, requirements, and associated costs.
The International Free Zone Authority is strategically located in Dubai, providing a flexible and cost-effective environment for businesses. IFZA aims to attract foreign investment by offering attractive incentives, streamlined processes, and a business-friendly environment.
STARTING A BUSINESS WITH IFZA
Types of business licenses
Explore the unique advantages of establishing your business in the UAE with International Free Zone Authority (IFZA)
Commercial License
Allows the holder to engage in trading activities, including import, export, distribution, and storage of goods.
Common Activities:
- General trading
- Specific product trading
- Wholesale and retail distribution
Professional License
Issued to individuals and companies that offer professional services based on specific skills, expertise, and intellectual capabilities.
Common Activities:
- Consulting & Legal services
- Medical and healthcare services
- Educational services
- Engineering & architectural services
Service License
Permits the holder to offer services specified in the license. This is suitable for businesses that provide professional, management, or advisory services.
Common Activities:
- Consultancy services
- Accounting and bookkeeping
- Event management
- Educational services
Consultancy License
Allows businesses to offer expert advice in various fields.
Common Activities:
- Management consultancy
- Financial consultancy
- HR consultancy
- IT consultancy
- Marketing consultancy
Holding License
Enables the holder to manage and hold shares in other companies.
Common Activities:
- Investment holding
- Asset management
- Ownership of intellectual property
- Holding shares in other companies
Industrial License
Allows the holder to engage in manufacturing, production, and industrial activities.
Common Activities:
- Manufacturing of goods & products
- Assembling products
- Processing raw materials
- Packaging of products
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Why IFZA?
Benefits of Setting Up a Company in IFZA
100% Foreign Ownership
Businesses can be fully owned by foreign nationals without the need for a local sponsor or partner.
Tax Benefits
Zero corporate and personal income tax, and no VAT on exports.
No Physical Office Requirement
Flexi-desk and virtual office solutions available, eliminating the need for a physical office.
Strategic Location
Situated in Dubai with easy access to global markets, modern infrastructure, and logistics facilities.
Flexibility
A wide range of license types and business activities to choose from, accommodating various business needs.
Cost-Effective Solutions
Competitive pricing for company setup, license issuance, and renewals.
Frequently Asked Questions
Quickly find answers to commonly asked questions, helping you discover more about IFZA hassle-free business setup.
Answer: The International Free Zone Authority (IFZA) is a free zone located in Dubai, UAE, offering a range of business setup solutions and benefits for entrepreneurs, startups, and established companies. IFZA provides a cost-effective and flexible environment for business operations, enabling full foreign ownership, tax advantages, and a streamlined setup process.
Answer: IFZA offers several types of business licenses to cater to various business activities:
- Commercial License: For trading activities, including import, export, and distribution of goods.
- Service License: For providing professional services such as consultancy and advisory services.
- Industrial License: For manufacturing, production, and industrial activities.
- Holding License: For managing and holding shares in other companies.
- Professional License: For individuals and companies offering specialized professional services.
- Consultancy License: For businesses offering expert advice in specific fields.
Answer: Both UAE residents and foreign nationals are eligible to set up a business in IFZA. The free zone accommodates individuals, entrepreneurs, startups, and established companies from various industries.
Answer: The process for setting up a business in IFZA involves several steps:
- Choose Business Activity and License Type: Determine the primary business activities and select the appropriate license type.
- Select a Company Name: Choose a unique company name that complies with IFZA naming conventions.
- Prepare Required Documents: Gather necessary documents such as passport copies, application forms, and business plans.
- Submit Application: Submit the completed application and documents to IFZA.
- Pay Fees: Pay the applicable registration, licensing, and visa fees.
- Obtain Initial Approval: IFZA reviews the application and grants initial approval.
- Sign Legal Documents: Prepare and sign the necessary legal documents.
- Receive Business License: Once approved, IFZA issues the business license.
- Visa Processing: Apply for residence visas for shareholders and employees.