International Free Zone Authority (IFZA)
- Company Setup in IFZA Dubai
International Free Zone Authority (IFZA) Dubai
IFZA is a new business hub regulated by Dubai Silicon Oasis to setup company in Dubai. Within a short span of time, IFZA became the most favorite choice among global investors due to the attractive company setup packages with the option of having 3 year and 5 year license packages at heavily discounted fees.
International Freezone Authority has earned the reputation of being the cheapest free zone to setup business in Dubai. The availability of multi-year license packages and a wide range of business activity list makes IFZA a unique Free zone in UAE. IFZA is equipped with ultra-modern high tech offices and warehouses for leasing at Dubai Silicon Oasis. The facilities include large conference rooms at Dubai Silicon Oasis and the Free zone Authority can make arrangements for any international events at discounted rates in five star hotels in Dubai.
QUICK & REMOTE REGISTRATION
This Free zone facilitates quick registration of company and issuance of licenses in 2 working days. The normal licenses issued are Consulting License, Service License, Investment License, Commercial Trading License, General Trading License and Industrial License. IFZA issues the cheapest general trading license in Dubai. Usually general trading license (covering several commodities) requires huge Capital to be shown in bank and the fee for license is high. In this Freezone, the proof of Capital is not required to issue license and fees for general trading activity is AED 10,000. Along with general trading activity, it allows investor to add specific activity also. Being a new Freezone, IFZA has designed the company setup packages to meet the demands of new generation businessmen worldwide. Investors can register company and obtain license without travelling to UAE.
IFZA & Polo
IFZA is renowned for it constant engagement with partners and Client investors. It conducts one month long Polo event annually at Dubai Al Habtoor Polo & Beach Resort and Client investors get the chance to witness this scintillating event with their business friends. This event also opens a wide possibility of business networking with high net-worth individuals and owners of multinational companies and international celebrities. Aurion was awarded the top corporate service provider plaque at the Polo event held in February, 2021.
Video - Company Setup in IFZA Dubai
Watch below video about company setup in IFZA (International Free Zone Authority, Dubai).
Key Highlights of International Free Zone Authority (IFZA) Dubai
- Cheapest, quickest and easiest company formation
- Company setup in just one day
- 100% exemption from corporate and income taxes
- Physical presence of shareholder is not required
- 100% exemption from corporate and income tax
- 100% foreign ownership
- Wide range of business activities available
- No Physical office is required
- No Share capital is required
- No annual audit report is required
- Ability to incorporate holding companies
- 3 year UAE Residency visa for Owner & Employees
- Easy bank account opening
- No documents except the passport copy is required
- No guarantee deposit is needed for employee visa
Types of Licenses in IFZA Free Zone Dubai
The following licenses are available in IFZA (International Freezone 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 wider range of items.
5. Industrial License: This license allows to import raw materials, production, re-production, manufacture, package and export.
6. Holding License: This license allows the holding standalone assets and/or shares in other companies
General Trading License in IFZA Dubai, UAE
Any company planning to start the operation for trading multiple products which may or may not be related to a specific industry can opt for General trading license. General trading license in UAE allows the company to trade, import and export wide range of goods and products in the specific Emirate where the license is issued as well as the other Emirates.
General Trading License allow import and export of goods like accessories, clothes, home appliances electronics, furniture etc. When you have multiple trading activities that are in different sectors, you can have a UAE general trading license that will cover all of it. Companies are allowed to trade any number of products but with an exception in the type of products like arms and ammunitions, tobacco, alcohol etc that are prohibited by the Government. General trading license in UAE is costlier when compared to other options but it has its own benefits like multiple activities can be covered under one umbrella. General trading license in UAE is issued from freezones and mainland.
General Trading License in IFZA Dubai allows the entrepreneurs to trade in up to 3 permitted business activities under a single General Trading License. The Cost of General Trading License from IFZA Dubai will have an additional 10,000 AED as part of the General Trading License Fees.
License Packages in International Free Zone Authority
The most popular business license package available at the International Free Zone Authority is the following – Trading License, Consultancy License & the Service License. International Free Zone Authority has launched a 3-Year License Package at a 15% discount starting from AED 45,645 for 1 Visa Quota.
IFZA Dubai License Cost – TRADING / CONSULTANCY / SERVICE
|IFZA FREE ZONE LICENSE PACKAGE||VISA QUOTA||STANDARD FEE||DISCOUNTED FEE* (10%)|
|Zero Visa||0||AED 13,900||–|
|Option 1||1||AED 17,900||AED 16,100|
|Option 2||2||AED 21,900||AED 19,700|
|Option 3||3||AED 23,900||AED 21,500|
|Option 4||4||AED 25,900||AED 23,300|
|Option 5||5||AED 27,900||AED 25,100|
|Option 6||6||AED 29,900||AED 26,900|
Note:- Offer valid till 30th June 2021
PRO Services in IFZA
Aurion Business Consultants are registered agents for IFZA Dubai and are authorized for handling all the PRO Services in IFZA Dubai. We assist our clients in obtaining the establishment card for the company. The Establishment Card is a mandatory requirement for a complaint to apply for their employee’s residence visas.
Also, our PROs will process the residence visa and Emirates ID application of the investors, directors, and employees. Our team also assists in the processing of the dependent visas.
Following are the Fees to be paid for the Establishment card and the UAE Residence Visa.
Establishment Card & Visa Fee Details
|Establishment Card Fee (1 years)||AED 2,000|
|Resident Visa Fee (3 years)||AED 3,750|
|Medical Fee||AED 870|
|Emirates ID Fee||AED 370|
Aurion’s PRO Services are not limited to applying and coordinating for Residence Visa issuance, but also for document clearance, legal attestation of company documents, residence visa cancellation, company closing, and many more allied services.
Additional Facilities Available in IFZA Freezone
IFZA (International Free Zone Authority) Workstations
The International Free Zone Authority has the top-class infrastructure to support business activities. There are most modern workstations, conference rooms, internet & customer support services for the investors. The flexible usage options and rental durations, 24/7 access, retail & residential areas, etc., make it a perfect choice for the investors to start their venture in the UAE successfully.
The fast and easy company formation, a wide range of business activities, attractive license packages, modern facilities, 100% profit repatriation, foreign ownership, etc., is making IFZA the investor’s favourite choice for company formation in the UAE.
International Freezone Authority (IFZA) Conference Rooms
Modern Conference Rooms are available in International Freezone Authority (IFZA) Freezone.
Company Setup Process in IFZA (International Free Zone Authority)
CONTACT AURION AND SELECT PACKAGE ⇒ SUBMIT DOC & MAKE PAYMENT ⇒ ISSUANCE OF LICENSE
AURION provides full support and do all the needful to help you in setting up your free zone company in the quickest way possible at International Free Zone Authority, Dubai.