Are You Looking for IFZA Free Zone Business Setup in Dubai?
The International Free Zone Authority(IFZA) was founded by Dubai Silicon Oasis in August of 2018 in Fujairah. However, in August 2020, it has moved to Dubai which significantly increased its popularity among the free zone authorities in the UAE.
Since it provides opportunities for free zone Business setup in Dubai with various lucrative packages, investors from all over the world recommend IFZA Dubai. This is not the only reason they recommend Dubai free zone company formation in IFZA.
Free Zone Company formation in Dubai is itself a good choice. However, IFZA Dubai provides certain benefits and incentives that keep it ahead of the curve. Even though it is one of the youngest free zones in the UAE, entrepreneurs and investors still choose IFZA business setup in Dubai. Some of their most popular packages offer 3-year and 5-year IFZA Dubai license packages.
IFZA Freezone Business Setup Package & IFZA License Cost
Consultancy & Services License
IFZA Packages | IFZA License Cost |
---|---|
Zero Visa – Commercial License | AED 11,500 |
License with 1 Visa Quota | AED 15,700 |
License with 2 Visa Quota | AED 17,900 |
License with 3 Visa Quota | AED 19,700 |
License with 4 Visa Quota | AED 21,300 |
License with 5 Visa Quota | AED 22,900 |
License with 6 Visa Quota | AED 24,700 |
Trading License
License Packages | Fee in AED |
---|---|
Zero Visa – Commercial License | AED 11,500 |
License with 1 Visa Quota | AED 15,700 |
License with 2 Visa Quota | AED 17,900 |
License with 3 Visa Quota | AED 19,700 |
License with 4 Visa Quota | AED 21,300 |
License with 5 Visa Quota | AED 22,900 |
License with 6 Visa Quota | AED 24,700 |
Card & VISA Fees
Cards & VISA Fees | Fee in AED |
---|---|
Establishment Card (3 years) | AED 1,500 |
Resident Visa (3 years) | AED 3,750 |
Medical test | AED 870 |
Emirates ID | AED 370 |
IFZA Business Setup: Complete Process
As the world moves towards the internet more and more every day, free zone company formation in Dubai is just a few clicks away thanks to the International Free Zone Authority. You can do it from the comfort of your home in a few minutes. Besides the ease of company formation in IFZA free zone , they are also one of the most cost-effective free zones in the UAE.
Here are the steps you need to follow in order to set up your free zone company in IFZA:
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- Decide the ideal company structure
- Apply for business registration
- Submission of all required documents
- Pay the required license fee
- Issuance of e-agreement from IFZA
- Sign e-agreement and share capital letter (only applicable for FZE & FZCO)
- Issuance of e-license
Documents Required for Business Setup in IFZA Free Zone
Here are the documents required by the IFZA free zone company formation in Dubai:
- Copies of the passports of all the shareholders of the company.
- Passport-sized photos of all the shareholders of the company.
- UAE visit visa or proof of entry of all the shareholders of the company.
How to Obtain a UAE Residence Visa After Dubai Free Zone Company Formation in IFZA
After company formation in Dubai free zone, you can obtain a UAE residence visa for staying in Dubai for managing and running your business. Even if you will run your business through a manager, you can still obtain a UAE residence visa after Dubai free zone company formation in IFZA.
Here are the steps you need to follow to obtain the UAE residence visa:
- Apply for the established card of your company after getting the IFZA business trade license.
- Wait for 5 to 7 days to obtain the established card of your company.
- Fill the UAE residence visa application form to the IFZA.
- Submit the required fees to the IFZA.
- Once you receive the visa, you need to go take a medical test within two to three days of the mentioned date.
- After the medical test is complete, apply for the Emirates ID.
- Complete the Emirates Biometric Scanning process.
- Submit the required documents to the IFZA office and wait for the Emirates ID.
- Collect your visa Emirates ID and Visa.
How much does it cost to start a free zone company in Dubai through IFZA?
The cost of the IFZA company setup Dubai free zone will depend on the license and package you select for your business. The cost also increases with the number of visas you apply for. An IFZA company formation can cost you anywhere from AED 11,500 to AED 24,700.
If you want to get started with your own free zone company formation in Dubai, then you are in the right place. Company Setup experts are here to help you start your Dubai free zone company. Contact us today and hit the ground running.