IFZA Company Formation

International Free Zone Authority  (IFZA) Company Formation

Introduction

Since IFZA’s launch in 2018, the IFZA Free Zone has built a strong name for itself.  

IFZA enjoys a strategic location that enables entrepreneurs and businesses of all sizes to achieve their business goals. With its business-friendly policies and a focus on innovation, IFZA has become a popular choice for incorporating a company in the UAE. 

IFZA also stands out as a premier Free Zone Community, offering an excellent business environment supported by top-notch infrastructure, modern facilities, and investor-friendly regulations, making it a perfect choice for foreign investors aiming to establish and expand their businesses in the UAE.

IFZA is well-known for its simple company formation process, flexible business solutions, all available within a budget-friendly framework.  

Competitive Advantages: Why set up a business in IFZA?

In Dubai, free zones are specific locations that provide unique business incentives and tax exemptions for foreign individuals and companies. These zones aim to attract foreign investment and stimulate economic growth within the area.

Many entrepreneurs and investors choose IFZA for the advantages below:

• 100% repatriation of both capital and profit;
• 100% ownership of commercial enterprises – the free zones in the UAE grant complete ownership to foreign individuals and entities from the moment the company is set up;
• Swift and effective business registration formation processes;
• Flexibility to combine multiple activities under one IFZA license;
• International support team that provides hands-on guidance on business operations to boost business growth;
• No need for physical presence during the company incorporation process.

 IFZA’s Services

IFZA Business Licenses

IFZA offers its licensees a huge number of licensing options with over 800 business activities, enabling them to thrive in Dubai’s vibrant business environment.  Licensees also have the ability to merge business and professional pursuits under a single license.

IFZA satisfies a diverse range of needs that cater to both small local enterprises and large international corporations. It is important to note that obtaining the correct license is crucial for starting a business in Dubai.

IFZA is recognized in the region for its proficiency in establishing businesses in Dubai. With its extensive international network of professional partners, IFZA can assist individuals at every stage of the license application process, facilitating smooth navigation and conserving essential time, all without requiring the client to be in the UAE physically.

IFZA Commercial Licenses 

A commercial license allows an individual to engage in local market trade, as well as import and export activities within the UAE. It covers a broad spectrum of products and services, ranging from everyday items like toys and food to more specialized sectors.

Some of the key advantages of holding a commercial license are:

• Tax exemptions and repatriation of income;
• Streamlined process for obtaining work visas;
• Selling diverse products to broaden market reach;
• Engagement in various business operations with flexibility;
• Ensuring legal safeguards for businesses.

IFZA Professional Licenses

Professional licenses are available for enterprises that offer various service-related activities, including professional consulting services like technical, lifestyle and similar options.

Some of the key advantages of holding a professional license are:

•  Foreign investors enjoy 100% ownership;
• Reduced administrative and operational expenses;
• No need for a local sponsor or local service agent (LSA);
• Access to global markets;
• Flexibility in business operations.

IFZA Branch 

Foreign incorporated companies may also register a branch at IFZA.

IFZA Company Registration Process

IFZA offers top-tier business setup solutions for micro, small, and medium enterprises by collaborating with its network of professional partners as well as government authorities.  Licensees are spoilt for choice with the many business setup solutions available.

IFZA has successfully simplified the process of establishing a company in Dubai, enabling entrepreneurs and businesses to quickly reach their business goals.  Incorporation of a Free Zone company at IFZA is a straightforward process for business setup consultants.

The business registration process is identical for both individual and corporate shareholders, however, the supporting documents vary.

The IFZA Ecosystem 

IFZA has created a unique ecosystem and a support team that is dedicated to excelling in customer satisfaction. 

The IFZA Free Zone’s continually growing ecosystem provides ongoing top-tier, value-added advantages exclusively for IFZA’s partners and licensees. This ecosystem encompasses a range of services, including corporate bank account opening and general banking support, medical and life insurance cover and more. 

IFZA Academy

The IFZA Academy is the only government-registered institution in the UAE Free Zone sector providing continuous education and training.  It offers world-class programs and training that utilizes the micro-learning resources of the IFZA academy, emphasizing essential business skills like customer service, communication, sales and understanding government regulations.

IFZA Cares

IFZA has created a dedicated CSR division to positively impact the social, economic, and environmental well-being of the UAE.

IFZA’s Events

IFZA engages with the community in business and other areas through various platforms, including polo, golf, majlis, CSR events, sports events and more.

IFZA Life

IFZA Life offers tailored and affordable health insurance packages specifically designed to fulfill the requirements of companies in the IFZA Free Zone.

IFZA Property

Businesses can find inspiring real estate solutions at IFZA Property, which is strategically situated within the IFZA Business Park in Dubai.

 Conclusion

IFZA is not just a Free Zone community, it represents a unique ecosystem that is focused on customer satisfaction with effective business setup solutions in the UAE.

Key industries and sectors are doing extremely well in IFZA, making it a great place for businesses. Companies enjoy tax benefits, easy processes, and great facilities when setting their businesses in IFZA. The setup process is simple because of a step-by-step guide and clear legal rules.

Living and working in IFZA also means being part of a lively community with good lifestyle options.

Whether you are starting a new business or running an established one, IFZA is the perfect place for growth and success. Check out the opportunities in IFZA for a thriving business venture and enjoy the freedom to build your business exactly the way you want it.

IFZA Contact Details

Tel.: landline: +971 4 228 5285

Local toll free no.: 800-4392

Address:

IFZA Business Park

Building A2 (reception)

Dubai, UAE

Working Hours

Reception:

Mon – Fri: 08:30 – 20:00

Sun – 10:00 – 16:00

Call Centre:

Mon – Fri: 08:00 – 22:00

Sun – 10:00 – 16:00

Key People of IFZA

Martin Pedersen – Chairman

Jochen Knecht – CEO

Holger Schlechter – CFO

Julia Timms – CCO / Strategy Ecosystems

IFZA Corporate Video 

International Free Zone Authority  (IFZA) Map