The International Free Zone Authority IFZA License Cost Business Setup in Dubai
Dubai Silicon Oasis founded the International Free Zone Authority(IFZA) in August 2018 in Fujairah. A widely preferred selection among investors from around the world. One of the reasons is the attractive IFZA License Cost it offers. IFZA – Dubai Free Zone provides 3-year and 5-year IFZA Dubai license packages. International Free Zone Authority (IFZA) has expanded to Dubai’s cheapest free zone for company formation.
It provides several facilities for Company Formation in IFZA, including conference rooms, digital equipment, heavy discounts on the business license in IFZA, and good connectivity.
Documents Required To Acquire A Business License in IFZA Free Zone
Copy of your passport.
Passport-size photo.
Proof of entry or UAE visit visa
Types Of Licenses Provided by IFZA
The International Free Zone Authority (IFZA) issues several types of licenses:
Commercial License
Industrial License
Service License
Consultancy License
Service License
General Trading License
Why Choose IFZA?
Advantages Of IFZA
Cost-efficient options for your business setup.
Complete ownership of the commercial enterprise.
Complete import and export tax exemption.
100% return on capital and profit.
No foreign currency restrictions.
Full repatriation of company profits and capital.
Low setup costs.
There are no physical office requirements.
There is no share capital requirement.
Ability to incorporate holding companies.
No physical presence is required during the incorporation process.
Steps To Acquire IFZA
- Visit our website, Business Diaries, https://bdcs.ae/
- Select your requirement by selecting a desired package on our website.
- Submit a scanned passport-size photo & scanned passports( of all the shareholders involved.)
- Submit your current UAE visit visa (of each shareholder).
- After completing all the steps mentioned above, you will be granted your IFZA Dubai License within ten business days.
Frequently Asked Questions
Why is the International Free Zone Authority (IFZA) becoming so popular to set up a business in Dubai?
International Free Zone Authority (IFZA) became a popular choice among investors from across the globe. One of the main reasons is the striking company establishment packages it offers. IFZA, the Dubai Free Zone, provides three- and five-year license packages.
Can I apply for a UAE residential visa through IFZA?
IFZA licenses can accommodate several visas, subject to authority approval. Residency visas are valid for three years. It also offers residency visas to shareholders and employees.
Why should I prefer the IFZA company setup in Dubai over other free zones?
If you want to create a strong company in the UAE market, you can choose the IFZA company setup. Company establishment in IFZA offers low-cost licensing, an easy-to-follow process, and minimum paperwork to apply for business setup in Dubai. Benefits of renewing your IFZA free zone business license
Do I need to be physically present to work with IFZA?
Shareholders do not need to be physically present for the formation of an IFZA-free zone company in Dubai, allowing you to operate internationally without being in the UAE.