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IFZA Free Zone

The International Free Zone Authority (IFZA) is one of the popular free zones located in the UAE. Due to its straightforward company registration process and diverse range of activities, IFZA is highly popular among entrepreneurs worldwide. In this article, we aim to explore the key features of the IFZA free zone.

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IFZA Free Zone

Posted 15 December 2023

Summary

Dubai

Commercial, service, industrial

AED 1000. Though typically – AED 100.000

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Diane

Diane, partner of GFLO Consultancy

IFZA Free Zone advantages

  1. Multiple license types. IFZA allows registering companies with various license types such as trading, service, and industrial licenses.
  2. Various legal forms. In IFZA, companies can be registered as:
    • Free Zone Establishment (single shareholder company);
    • Free Zone Company (multiple shareholders company);
    • Subsidiary;
    • Branch.
  3. Low minimum capital requirement: AED 1000. The standard capital of AED 100,000 is not obligatory to be deposited.
Note:
Registering a company in the UAE allows you to qualify for obtaining a residency visa for its shareholders.

Tips to consider

  1. Company registration time. The registration process in IFZA takes approximately 2 weeks.
  2. Documents. Apart from the scanned passport and photo of the shareholder, registration may require the shareholder’s address and entry stamp (if available).

The IFZA Free Zone offers numerous benefits and might be suitable for your business needs. If you have any questions about this zone or need consultation on doing business in the UAE, reach out to GFLO Consultancy. We’d be pleased to assist you.

Why choose us?

Business registration in the UAE has specific nuances not found in other jurisdictions. Dealing with free zones might be challenging, obtaining a residency visa requires guidance during a personal visit to the UAE, and incorrectly prepared documents might lead to rejection in opening a bank account. To ensure a smooth and successful procedure, it’s best to entrust the process to professionals.

The GFLO Consultancy team has strong connections with most free zones in the UAE and is pleased to offer assistance at every stage.

What can we do for you?

  • Consult on all aspects of company registration in the IFZA Free zone that articles might not cover;
  • Register your company in the IFZA Free Zone;
  • Facilitate obtaining residency visas for you;
  • Assist in opening a bank account in the UAE;
  • Explain the scenarios where the company will pay taxes;
  • Address all queries throughout the process.

GFLO Consultancy experts are pleased to assist and help you with any inquiries, just get in touch or leave a request through the form right below.

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Diane, partner of GFLO Consultancy

Diane