IFZA company setup

Last updated on July 13, 2022

International Free Zone Authority (IFZA free zone) has set a road to count itself as a leading investment hub in the UAE. IFZA Free zone offering a highly custom built approach; joined with efficient international service standards as well as cost effective solutions. Facilities such as Offices, Warehouses, Residential Apartments, hotel; and also a retail outlet options are available for IFZA company setup. It has a verity of license option; such as trading license, consultancy license, service license; a general trading license, an industrial license as well as Holding License. IFZA free zone is able to well assist small local as well as large international businesses.

It is based in the heart of Fujairah and put up on global quality; IFZA free zone is truly all about the customer and their journey to business success. It is a new addition to Fujairah free zone company formation.

Advantages of IFZA company setup

• A cost effective business set up solutions
• Fast as well as easy IFZA company setup; and also easy company management
• Wide as well as complete range of business activities.
• 100% foreign ownership allow for IFZA company setup
• You don’t need to be physically present during the set up of a company
• IFZA company setup is an LLC setup
• 100% exemption from corporate as well as income tax
• There is no restriction on a foreign currency
• Full repatriation of company profits as well as capital
• IFZA company setup cost is very low; that is, it starts from 11000.
• There is no need to hire a physical office; because you can operate from flexi desk.
• Also there is no need for share capital
• It also offer the formation of holding companies

License type for company formation in IFZA free zone

In the first place, IFZA free zone offer several type of license option; that can serve small local company as well as large global businesses:

Consultancy License: This type of a license is for those who provide expert as well as professional consultancy services across all industries.

Service License:  This type of a license is for those who are the service provider; like production, re-production, transformation as well as distribution of services. Service license includes version services as the primary objective; and utilizing related goods to provide those services.

Trading License: This type of a license is allowing you to import, export; distribution as well as storing of items specified on the license.

General Trading License: This type of a license is enable you to trade in a wider range of activities; and gives you the choice to trade in any commodity which is allow in the UAE.

Industrial License: This type of a license is enabling you to import raw materials; It will also allow you the production of products; and will enable you for the export of these product.

Holding License: This type of a license is enabling you for holding company formation in IFZA free zone; It will allow you to hold assets as well as hold shares in other companies. Holding firms are commonly use for controlling other companies as well as other entities; property & real estate, stocks, assets, trademarks and patents.

International Free Zone company formation (IFZA free zone company formation)

• International Free Zone company formation offers a wide and comprehensive range of business activities; including Service, Consultancy, trading as well as Industrial options.
• All licenses are registered with a structure of LLC which is an independent entity; whereby the company structure separates the owners as well as shareholders from the company. With the LLC company the owners are able to sponsor employees and open bank accounts.
• International Free Zone company formation (IFZA free zone company formation) is also stream line insuring a fast turn around.
• Our team of experts is on hand to get your International Free Zone company formation (IFZA free zone company formation)
• ; in an efficient as well as timely manner.
• It is one of the best place for Establishing a holding company in Dubai

Facilities for IFZA company setup

OFFICES

IFZA company setup enables you to choose from a wide range of modern office solutions; because it is built exactly to your requirements. IFZA free zone offer shared office space, private as well as an executive office.

WAREHOUSES

Warehouse facilities include various size options; build that is on the highest logistics standards.

IFZA free zone License cost

It is one of the best and cheap option for business setup in Fujairah

PRO Services in IFZA free zone

We offer high class PRO Services in IFZA free zone at a very low price. Avail our short term PRO Services offer for company formation in IFZA free zone. Our expert PRO agents will assist you through all the IFZA company formation as well as getting your visa. We not only guide you in the IFZA company setup; but also we ensure you to have a hassle free IFZA free zone company setup. We will easy handle all your set up tasks; and will ease as well as deliver special quality results.

Our PRO Services for company formation in IFZA free zone

Let me tell you one more thing; that is our teams always focus on reducing the time and quickly respond to all your inquiry. Our quick as well as fast documents clearing; and PRO Services in IFZA free trade zone cover the following:

• Labor Card and also Work Permits
• We do amendment of a trade license, also canceling of a trade license; we also do the renewal of your trade License.
• Our team will help you in employee as well as investor Visa
• EID, Medical Test as well as the stamping of a visa.
• Trade Name Approval as well as Amendments
• Document Clearing, Notary, & Legal Attestation
• Work permit for your employee as well as their labor card typing; we also can assist you in MOA
• Tenancy Contract as well as Ejari preparation and many more…

UAE residence visas costs

The usual time-frames would be the following:

• Company setup 3 days
• Establishment card 7-10 days
• Entry visa 5 days
• Medical check-up, Emirates ID and visa stamping 5-6 days

Visa costs in IFZA (AED):

The cost of an IFZA free trade zone visa is 3750 AED. And 637 for medical test as well as 370 for EID. The visas of company owners as well as employee are valid for a period of 3 years. Also note that the visa processing in IFZA free zone does not require health insurance. We can process your visa remotely.

Amendments of a company formation in IFZA free zone

In IFZA free trade zone, if you want to amend the license before or after the renewal; then there is a fee of 2,000 AED. However, you can make as many changes as you want. Also note that you can do small changes just by sending an email from the register address. But for the major changes, you need a Board Resolution.

Renewal of a company formation in IFZA free zone

The renewal task is very easy and it is very straight forward. The cost of a renewal is the same as you paid in the first year. If you want to make some changes in your license during the renewal, then there are no amendment charges.

Liquidation of a company in IFZA free zone

IFZA is one of the cheapest free zone when it comes to the cost of winding up. They know the importance of making the closing method as easy as possible. If you are going to close your firm in IFZA free zone; then you have to pay just 2000 AED. But not that if you have any active visa on your license; then you need to close that visa first then your license.

Our opinion for IFZA company setup

IFZA company setup offer you an all perfect balance: work, life, and business. If you are looking for a fast, easy as well as a remote company set up option; then we will suggest you that IFZA free zone is a good solution for you.