COMPANY REGISTRATION IN INTERNATIONAL FREE ZONE AUTHORITY (IFZA)
IFZA, the International Free Zone Authority, stands as a prominent investment hub in Dubai, United Arab Emirates. Teaming up with the Dubai Silicon Oasis Authority, IFZA offers a meticulously tailored company formation package, catering to the needs of entrepreneurs. With cost-effective setup options, unparalleled international service standards, and top-notch amenities, IFZA reigns as the favored choice for establishing a free zone company among investors.
IFZA, Dubai offers attractive company license packages to meet a wide range of business requirements for investors. The company setup cost in IFZA starts at AED 12,900 for zero visa quota. Entrepreneurs can efficiently establish a company in IFZA with a 3-year business license at a cost of AED 43,470. Considering the overall expenses for IFZA company setup, it is the most cost-effective option available in Dubai.
IFZA Free Zone entices foreign investors with its enticing offerings: 100% foreign ownership, complete profit repatriation, world-class infrastructure facilities, and a host of additional investor benefits. These compelling advantages are driving a surge in foreign investment interest.
COMPANY FORMATION IN IFZA DUBAI
Setting up a company in IFZA is a seamless and efficient process. To ensure a smooth and hassle-free experience, it is advisable to engage a Registered Agent like Pro Consultancy. Our expert team will provide comprehensive guidance and support throughout the company formation journey and beyond.
We are committed to helping you select the most suitable Business Package at a competitive price, allowing you to establish your dream company in Dubai. IFZA Freezone offers a range of facilities including offices, warehouses, residential apartments, hotels, and retail outlets. With various license options available (Consultancy License, Service License, Trading License, General Trading License, Industrial License, and Holding License), we cater to the needs of small local businesses as well as large international enterprises.
STEP BY STEP COMPANY SETUP PROCESS IN IFZA
By following a simple 3-4 step process, you can obtain an IFZA company license effortlessly.
- Connect with Pro Consultancy- Schedule a call with our expert legal and business consultant to get assistance on the various Free Zone company Formation Packages, License Cost and Visa Details.
- Choose the right Business Activity and reserve the Trade Name for your business.
- Select the right Business License Package (Flexi-Office, Shared Office, Exclusive Office) and Visa Quota for your business setup
- Submit Required Documents for review and Make the payment
- Get your Company License and apply for Residence Visa
- Apply for a Corporate Bank Account and other clearances such as Customs Registration, etc.
IFZA FREEZONE COMPANY SETUP COST & TRADE LICENSE COST
IFZA offers low cost business setup packages in Dubai. Below table includes cost of company license based in the visa quota.
TRADING / CONSULTANCY / SERVICES 1 YEAR LICENSE COST
LICENSE PACKAGES (1 YEAR LICENSE) | Standard Fee |
---|---|
Zero Visa – Commercial License | AED 12,900 |
License with 1 Visa Quota | AED 14,900 |
License with 2 Visa Quota | AED 16,900 |
License with 3 Visa Quota | AED 18,900 |
License with 4 Visa Quota | AED 20,900 |
IFZA FREEZONE COMPANY ESTABLISHMENT CARD & VISA FEES
Fee in AED | |
---|---|
Establishment Card (1 years) | AED 2,000 |
Resident Visa (2 years) | AED 3,750 |
Medical test | AED 870 |
Emirates ID | AED 370 |
Medical Insurance Fee | AED 992 |
LICENSE TYPES AVAILABLE IN INTERNATIONAL FREE ZONE AUTHORITY
IFZA offers a variety of business license types to cater to your needs. Let’s explore the main types available:
- Consultancy License – Offering expert and professional consultancy services to assist professionals in achieving their goals.
- Service License – Enables the production, reproduction, transformation, and distribution of services with utmost efficiency and effectiveness.
- Trading License – enables the licensee to trade items specified on the trade license.
- General Trading License – enables the licensee to trade wider range of items.
- Industrial License – Enables the importation of raw materials, production, re-production, manufacturing, packaging, and exportation.
- Holding License – This allows for the ownership of individual assets or shares in other companies.
FEATURES OF IFZA FREEZONE COMPANY SETUP
Discover the multitude of advantages and exceptional features that come with setting up your business in IFZA. Explore the endless possibilities and benefits that await you in this thriving business hub.
- Co-Branded with the Dubai Silicon Oasis Authority, Dubai
- Cost effective Business Setup Packages starting from AED 13,900
- Special discount in ifza license cost for 3 year license
- Fast & easy freezone company incorporation
- Customized Office Setup Solutions – Flexi Desk, Executive Office
- Comprehensive range of business activities – Consultancy, Service and Trading options
- Physical presence of shareholders is not required
- No physical office requirements
- Proof of share capital is not required
- 100% exemption from corporate and income taxes
- 100% foreign ownership
- Zero foreign currency restrictions
- Full repatriation of company profits and capital
- Ability to incorporate holding companies
WHAT MAKES IFZA UNIQUE FREEZONE?
IFZA stands out as a distinctive free zone due to its exceptional features.
- No need to submit Annual Audit at Freezone
- 2 years visa for owners and employees
- No Employee guarantee deposit required
- Passport Copy is the only document required
- Physical presence of Company Owners is not required
- No physical office is required
- Exemption from Corporate and Income tax
- 100% repatriation of profit.
PRO SERVICES IN IFZA
Our team of professional agents will expertly guide you through the entire company formation process, handling visa processing, immigration requirements, and all administrative tasks. With our support, you can enjoy a hassle-free company setup and a comfortable experience in establishing your company in IFZA.
Pro Consultancy provides unparalleled PRO Services in IFZA at highly competitive prices. Take advantage of our limited-time offer and contact us now to avail yourself of our exceptional PRO Services in IFZA.
PRO SERVICES PACKAGE IN IFZA DUBAI
At Pro Consultancy, we prioritize efficiency by minimizing response time and promptly addressing all your business support needs. Our corporate PRO Services in IFZA include quick and efficient document clearing, ensuring a smooth and hassle-free process.
- Labor Establishment Card
- Employment Work Permits
- Amending, Canceling, Renewal of Trade License
- Employee & Investor Residence Visa
- Emirates ID, Medical Test, & Visa Stamping
- Trade Name Approval and Amendments
- Document Clearing, Notary, & Legal Attestation
- Work permit & labor card typing
- Drafting Memorandum and Articles of Association
- Tenancy Contract and Ejari preparation
- and many more…
COMPANY LIQUIDATION IN IFZA
Liquidating a company in IFZA is a simple process that investors must adhere to when closing operations. It is crucial to ensure a smooth closure to safeguard the reputation of both shareholders and the company. IFZA-registered companies require annual renewal, and in the event of unforeseen circumstances or financial loss, proper liquidation procedures must be followed.
STEP BY STEP PROCESS OF COMPANY CLOSING IN IFZA
The Following are the steps to follow for closing the IFZA Company
- To ensure a smooth and efficient company liquidation process in IFZA, there are several important steps to follow. Firstly, the Investor must obtain a board resolution that confirms unanimous approval of the company liquidation by all shareholders. This resolution, along with other necessary company documents, should then be submitted to the Free Zone.
It is crucial to initiate the company cancellation at least one month before the trade license cancellation. This request must be made to the Free Zone, and any outstanding employee visas should be canceled promptly. Additionally, all payment obligations to suppliers, partners, and the Free Zone itself must be settled prior to closing the company.
To proceed with the liquidation, the auditor liquidation certificate needs to be submitted to the IFZA, which will issue the Trade License Cancellation Certificate. Please note that there is a fee associated with obtaining this certificate. If applicable, a refund request form should also be submitted to the Free Zone to claim any refunds.
Once the Trade License Cancellation certificate and any refunds have been obtained, the company liquidation process is nearing its completion. It is worth mentioning that the well-structured company liquidation process in IFZA provides investors with a straightforward exit strategy in case of unexpected incidents or business loss.
For further information about Company Liquidation in IFZA, do not hesitate to reach out to our expert Business Consultants. They will be more than happy to assist you!
HOW Pro Consultancy CAN ASSIST YOU?
Pro Consultancy, a prominent business provider of IFZA, boasts a formidable team of multilingual Consultants. We excel in streamlining your company registration process in the UAE by facilitating documentation procedures, ensuring legal compliance, and obtaining government clearances. Trust us to navigate the complexities with finesse and efficiency.
Our PRO Services Package is exclusively tailor-made to suit all your administrative and legal requirements. Take advantage of the exclusive discount offered by Avail Pro Consultancy for IFZA Free Zone Company Registration and comprehensive business support services. Our highly skilled team will guide you through the entire process of closing your company in IFZA, from document preparation to obtaining the closure certificate. Don’t hesitate to reach out to our team and benefit from our unbeatable fee for PRO Services in IFZA.
Looking for a First-Class solution for your business in IFZA?
We welcome and celebrate different perspectives to help our firm, our clients and our people.