IFZA Free Zone Company Setup

The International Free Zone Authority (IFZA) in Dubai Silicon Oasis is a popular spot for businesses, offering affordable setup options and easy company formation.

Just 20 minutes from Dubai International Airport, IFZA helps both new and established companies connect to global markets with flexible offices, simple processes, and a range of business licenses.

100% Foreign Ownership
Tax-Free Business Environment
Flexible License & Office Options
Quick Setup & Visa Processing
Ideal for Global Market Access

Mainland Company

Free Zone Company

Offshore Company

Bank Account Opening

Visa Services

Company Structure Options in IFZA

Free Zone Limited Liability Company (FZCO)

Suitable for startups and SMEs, this structure allows limited liability, where shareholders’ risk is capped at their capital investment. FZCO permits both individual and corporate shareholders, allowing a blend of expertise while enabling flexibility to conduct multiple activities under one license.

Branch Office

For established companies aiming to expand, a branch office operates as an extension of the parent company, following the same business activities. The parent company retains full liability, making this a viable option for firms seeking a presence in Dubai’s vibrant market without setting up a separate entity.

Step by Step Process for IFZA Free Zone Company Formation in Dubai

Choose Business Activities and License Type

Determine your primary business activities from IFZA’s wide range of business activities. You can choose up to seven activities under a single IFZA license. Select the license type based on your business needs (e.g., trading, professional, or industrial).

Select Company Structure

Decide on the structure that best suits your goals: Free Zone Company (FZCO) for limited liability and multiple shareholders, or a Branch Office if you are extending an existing business into IFZA.

 

Reserve Trade Name

Pick a unique trade name that complies with UAE naming conventions. Submit your trade name for approval to ensure it’s available and adheres to regulations.

 

Submit Required Documents

Collect and submit required documents, which vary depending on the ownership structure (individual or corporate). Essential documents include passport copies, business plans, and shareholder authorization forms.

 

Apply for Initial Approval and Pay Fees

File your documents with IFZA, then pay the setup costs, which start at around AED 12,900 for a zero-visa package. If additional services or visas are required, costs will adjust accordingly.

 

Obtain License and Establishment Card

After approval, IFZA issues the business license within 3-5 days. You will also need an Establishment Card, necessary for visa applications and further operations.

 

Visa Application (Optional)

If your license includes visas, apply for UAE residence visas for owners, employees, or family members. IFZA provides streamlined visa processing and support for these applications.

 
 

Open a Corporate Bank Account

With your IFZA license in hand, open a corporate bank account. IFZA-approved banks support the account setup process, ensuring a smooth transition for managing business transactions.

 

Finalize Business Setup

Complete any additional registrations, including customs (if applicable), and begin your business operations with IFZA’s flexible office options, such as Flexi-desk or Dedicated Office, tailored to various business requirements.

 

Steps for Business License Renewal in IFZA

Application Submission: Submit the renewal application to IFZA. Ensure all business information is up-to-date and in compliance with IFZA regulations.
Required Documents: Provide essential documents such as the trade license, establishment card, and passport copies of shareholders and directors. If there is a physical office, the signed lease agreement may also be required.
Fee Payment: Pay the renewal fees, which are typically the same as the initial licensing fees. For example, the starting renewal cost for a zero-visa package is AED 12,900, with multi-year packages offering discounts.
License Issuance: Once processed, IFZA will issue the renewed business license, extending the operational validity for another year or the chosen term

Important Details:

Grace Period and Penalties: IFZA generally allows a 30-day grace period post-expiration to complete the renewal without penalties. Beyond this, late fees may apply, including an AED 1,000 fine and monthly fees for operating under an expired license.
Remote Renewal Option: The renewal process is designed for convenience and can be managed by a registered agent, eliminating the need for physical presence in the UAE.

Advantages for Business Setup in IFZA Free Zone

100% Foreign Ownership

Diverse Business Activities

Location and Accessibility

Flexible Visa Packages

Minimal Requirements

Cost-Effective Setup Packages

Required Documents for Company Formation in IFZA Dubai

For Individual Shareholders:

Passport copy

Recent passport-sized photo with a white background

Emirates ID (if a UAE resident)

UAE visa copy (if applicable)

For Corporate Shareholders:

Notarized board resolution approving the IFZA setup

Notarized trade license of the parent company

Memorandum of Association (MoA) and Articles of Association (AoA)

Certificate of incorporation

Types of Licenses Available in International Free Zone Authority

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01

Professional License

Ideal for consultancy and service-oriented businesses, covering sectors such as technology, management, and legal services.
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02

Commercial License

Permits trading activities, including import and export, supporting distribution within Dubai and globally.
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03

Industrial License

Supports manufacturing, processing, and packaging businesses, allowing the production and re-export of goods.
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04

General Trading License

Enables a broader range of trade activities, covering the import and export of multiple goods under a single license.
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05

Holding License

Designed for companies managing assets and shares, ideal for entities focused on investment portfolios or ownership management.

IFZA Free Zone Company Setup Consultants in Dubai

How Leaders HUB Can Help?

Leaders HUB is renowned as one of the top business setup consultants in Dubai, with over 15 years of experience facilitating a wide range of businesses throughout the UAE. Our deep connections with government officials and key authorities, combined with our extensive expertise in consultancy, streamline the process of establishing your business in Dubai. Additionally, we offer comprehensive financial, legal, and corporate services to support our clients throughout their business endeavors.

We are here to provide comprehensive support for your IFZA Free Zone Company Setup, from preparing your documents to completing the process. Connect with us now to begin your journey with a FREE consultation!

ASK WHAT YOU WANT TO KNOW

FAQS (Frequently Asked Questions)

What is the minimum share capital required for IFZA company setup?
IFZA does not require any minimum paid-up share capital, making setup simpler for investors.




Are there any restrictions on the types of business activities allowed in IFZA?
While most activities are permitted, trading in regulated items (like alcohol) may have additional requirements.

How does IFZA handle Economic Substance Regulations (ESR) compliance?
ESR compliance depends on activity type; companies must submit reports if involved in relevant regulated activities.
Can IFZA-licensed companies do business with UAE mainland companies?
Yes, but this generally requires hiring a distributor or agent to facilitate mainland business operations.

What options are available for multi-year licensing, and are there any cost benefits?
IFZA offers 2-, 3-, and 5-year licenses with discounts of up to 30% for multi-year commitments.
Can I operate a crypto mining business with an IFZA license?
While crypto mining is permitted under IFZA, it requires additional approvals. Applicants should ensure they meet regulatory and technical requirements before applying for a mining license.
Are there restrictions on the types of cryptocurrencies allowed under IFZA licenses?
Yes, certain cryptocurrencies may be restricted based on regulatory standards. It’s essential to check with IFZA or a legal advisor to ensure compliance with permitted digital assets.
What support does IFZA provide for regulatory compliance?
IFZA offers guidance on regulatory compliance, including AML/KYC protocols, and may connect businesses with compliance experts to ensure adherence to Dubai’s crypto regulations.

Can IFZA license holders trade or provide services to mainland Dubai clients?
Generally, free zone businesses are limited to operating within the free zone or internationally, but IFZA license holders can partner with mainland entities through specific arrangements.
Still Have More Questions?
Contact Our Expert Support Team

Leaders Hub, a subsidiary of Happy Home Holding Ltd, was established 2002 in Dubai, UAE in 2024 and is a business centre includes private offices, virtual offices, coworking space, and meeting rooms.

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