International Free Zone Authority (IFZA)
business
company registration
free zone
In this article:
Free zone is a versatile centre and offers a wide range of activities to choose from, including consultancy, e-commerce, trade and industrial activities.
01
Free Zone features
Free zone is located 20 minutes from Dubai International Airport and Dubai city centre.
- One of the lowest fees for company registration and visa processing.
- Professional, commercial and industrial activities can be combined under one IFZA license.
- No annual audit report is required.
02
The following types of licenses are available in this free zone:
- Professional license: for companies providing various services.
- Commercial license: imports, exports, distribution and storage of goods specified in the license.
- Industrial license: allows importing raw materials, manufacturing, processing, packaging and exporting goods specified in the license.
03
The following types of companies can be registered in the IFZA Freezone:
- FZC — company.
- Branch.
Authorized capital
The minimum authorized capital is AED 150,000 (about USD 41,000). There are no requirements for payment of share capital, simply stated in the founding documents.
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04
The following documents are required for company registration:
- Application for a license.
- Copy of passport.
- Digital passport-size photo.
- Copy of Emirates ID card and copy of UAE resident visa (if available).
05
Fees and costs
Fee for obtaining a business license (for 1 year).
The cost depends on the number of visas the company is able to issue:
The cost depends on the number of visas the company is able to issue:
- 0 visas — $ 3,800.
- $ 1,000~ for each additional visa.
from $3 800
Rent of a workplace or office per year (optional). For 0−3 visa licenses, no workplace or office rental is required.
$0~
Rent of workplace or office for 1 year (extra)
from $1 500
Rent of office for 1 year (additional)
from $5 000
Obtaining of resident visa (per one person) for those who are not in UAE
$1 020~
Obtaining a resident visa (per person) for those in the UAE
$1 500~
Health certificate, health insurance and Emirates ID
$680~
06
Timeline
2 to 4 weeks depending on shareholders and speed of submitting documents.
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