INTERNATIONAL FREE ZONE AUTHORITY (IFZA)2024-10-03T15:24:42+04:00

UAE MAINLAND

INTERNATIONAL FREE ZONE AUTHORITY (IFZA)

What is the significance of having a UAE mainland firm, and what does it represent?

IFZA is highly regarded among the UAE’s alluring free zones and has made a name for itself as one of the nation’s top investment hubs.

INTERNATIONAL FREE ZONE AUTHORITY (IFZA)

UAE Mainland

IFZA is highly regarded among the UAE’s alluring free zones and has made a name for itself as one of the nation’s top investment hubs.

What is the significance of having a UAE mainland firm, and what does it represent?

The International Free Zone Authority, or IFZA, is a well-known free zone in the United Arab Emirates. This is because of its cost-effectiveness and advantageous position, which is just 20 minutes from Downtown Dubai and Dubai International Airport.

They have demonstrated success in drawing in a sizable number of foreign businesses and foreign direct investment, and they have also contributed significantly to the growth of the nation’s net exports and non-oil exports share.

IFZA’s unmatched customer focus has positioned it as one of the most trusted independent Free Zones in the UAE, providing personalized services to help businesses grow. With a range of thousands of business activities, IFZA offers an array of Licenses within four distinct categories specifically designed to define your client’s business function: Professional, Commercial, and Industrial. IFZA also provide for the registration of branch offices.

The Dubai Silicon Oasis Authority oversees the area and provides business owners with a range of IFZA free zone options. These packages are quite affordable and offer a wide range of features. When starting a business, entrepreneurs have the option of flexible desks or office spaces, and IFZA visa fees are among the lowest in the UAE.

Authorities in the Free Zone maintain assistance both during and after setup. Through its network of professional partners, both locally and internationally, IFZA provides specialized support. Unusually, IFZA doesn’t need a new business to own fixed premises as part of its basic license packages. However, if needed, they provide a variety of workspace options with high-speed internet connectivity to facilitate remote work. Their office solutions are adaptable to meet a company’s needs at any stage of growth.

 

Advantages Of Business Setup in IFZA

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why International Free Zone Authority (IFZA) For Your Company Formation?

It is feasible for Free Zone enterprises to open a branch in the mainland even if they are not allowed to conduct direct business outside of the zones in the rest of the UAE. Establishing a new company in IFZA entails being in Dubai to serve as an entry point, with convenient access to the Middle East and Africa.

What sets IFZA apart most is its dedication to building a community where SMEs are encouraged to thrive, driven to innovate, and allowed to join a dynamic ecosystem that generates excellence, energy, and creativity. In general, IFZA is a great option for business owners searching for a strategic and affordable place to locate their enterprise in the United Arab Emirates.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the International Free Zone Authority (IFZA)

Does IFZA Allow Upgrading of Package Any Time?2024-07-10T06:26:29+04:00

Yes, IFZA allows upgrading of package for space or visa quota. IFZA Charges amendment charges and difference between the packages.

What are the costs involved in setting up and maintaining a business in IFZA?2024-07-10T06:27:11+04:00

The costs of setting up and maintaining a business in IFZA include initial registration fees, license fees, office space rental (if applicable), visa costs for employees, and annual renewal fees. Costs vary based on the type of business and facilities required.

Which businesses and industries are permitted in the IFZA?2024-07-10T06:27:45+04:00

Many commercial operations in a variety of industries are supported by IFZA, including manufacturing, trading, logistics, consulting, services, and more. The variety of allowed activities enables companies to look into several growth directions.

Does IFZA offer companies networking opportunities?2024-07-10T06:28:14+04:00

Yes, IFZA hosts industry forums, seminars, and networking events that give companies the chance to connect, work together, and grow their operations.

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