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ifza Free Zone Company Setup

IFZA: International Free Zone Authority: Overview

The International Free Zone Authority (IFZA), initially founded in Fujairah, has now migrated in Dubai Silicon Oasis area. When considering starting a business in Dubai, exploring IFZA and similar zones within the emirate is advisable. IFZA stands out as a highly competitive free zone for establishing Business and Dubai free zone company, offering cost-effective fees and transparent procedures for investors.

IFZA presents a wide range of packages, catering to various needs, ranging from zero-visa companies to multiple visa options.

INTERNATIONAL FREE ZONE AUTHORITY PROPOSED LICENSES

There are several types of IFZA licenses:

1. Professional License: For companies providing consulting and different types of services.
2. Commercial License: For companies engaged in import/export of different goods
3. Industrial License For companies involved in the production, processing, and packaging of goods.

Wide range of activities offered by IFZA Free Zone

IFZA provides a wide range of business activities. up to 3 business activities under the same license with no additional fee if they fall in the same license type (Trading, Service, or Industrial). An extra fee of AED 1,000 AED applied for extra business activity.
International Free Zone Authority offers business activities with the following categories:

1-  Consulting
2- Service
3- Trading

IFZA Free Zone allows to combination of trading and consulting activities under the same license with an additional cost: AED 2,000 ( Yearly fee).

Different Facilities offered by IFZA:

International Free Zone Authority provides many office facility solutions at affordable cost at the location of Dubai Digital Park ( A2 & A3 Building ) such as:

  1. Flexi-desks
  2. Dedicated workspace
  3. Private Office
  4. personalized offices as per the client’s needs.

Dedicated office rent prices in IFZA start from 18, 240 AED per year. The Office packages include:

  • Wi-Fi
  • Furniture
  • Electricity
  • AC
  • Access to printer, scanner, and copy machine
  • Access to a meeting room

License cost IFZA Free Zone:

IFZA license fees starts from 12,900 AED including registration address with 3 business activity under the same license category:

Type of licence | Visa Eligibility  License cost first year   License Renewal  fee
ZERO visa package AED 12,900 AED 12,900
1 visa package AED 14,900 AED 14,900
2 visas package  AED 16,900 AED 16,900
3 visas package AED 18,900 AED 18,900
4 visas Package AED 20,900 AED 20,900

The time frame of the company registration is between 3 to 5 business days and the process could be done remotely so the presence of the shareholders is not required.

Several items to be considered with the above packages such as:

  1. IFZA Establishment Card fee: 1st year AED 2,000 | Renewal fee: AED 2,200
  2. IFZA Residence Visa fee – Cost: AED 3,750 per applicant
  3. Medical checkup: VIP process AED 850 | Normal Process AED 450
  4. Emirates ID application fee: AED 390

For Investor | Partner Visa, additional cost – fee of  AED 1,000 per application ( AED 4,750)

After obtaining the residence, the applicant may sponsor the family Members and get them a residence a dependents, the requirements are:

– Sponsor Original Emirates ID
– Sponsor Passport + visa copy (Original/Color copy)
– Salary Certificate-Arabic (from authority) OR Labor contract
– Ejari /Registered Tenancy contract OR / TITLE DEED + Dewa bill
– Dependent Color passport copy
– Marriage certificate/birth certificate (attested from home country, MOFA, and translated to Arabic)
– Clear PP size Photo

Save More with Alwahda.ae

Are you looking for the right Business setup consulting firm? Alwahda is a specialized in company formation in Dubai where business owners can register and renew their company license and get assistance with visas, and banks.
If you are unable to find your business activity in IFZA or looking for affordable business setup solutions There is an alternative that could be Meydan Free Zone or Sharjah Free Zone.
We provide a wide range of business setups in Dubai and the UAE for businesses and companies. We offer a broad and diverse range of services to our clients!