IFZA – International Free Zone Authority
International Free Zone Authority (IFZA) is based in Dubai. It migrated there from Fujairah where it was founded originally.
If you are looking for options on how to start a business in Dubai, you may look at IFZA and check some similar zones in this Emirate too.
IFZA is a very competitive free zone for Dubai free zone company formation. It offers cost-effective fees and transparent procedures for investors to establish a business.
IFZA has a vast choice of packages, from zero-visa companies to multiple visa options.
International Free Zone Authority provides a wide range of office solutions. This free zone offers the newest facilities located in the Silicon Oasis business park area of Dubai:
Dedicated office rent prices in IFZA start from 10,080 AED per year. Office packages include:
- Access to printer, scanner, and copy machine
- Access to a meeting room
IFZA provides a wide range of business activities. It is allowed to have up to 7 activities under a single license.
International Free Zone Authority offers business activities with the following categories:
Activities from different categories can be mixed.
E-commerce does not exist as a separate activity, but you can sell goods online with a usual trading license. All business activities in IFZA are taken from Dubai Department of Economic Development.
COMPANY FORMATION IN THE FREE ZONE
Company incorporation in the International Free Zone Authority is fast and easy and can be completed within 3-4 working days.
Companies incorporated in IFZA have the legal form of a Limited Liability Company (LLC) with the suffix FZCO (Free Zone Company).
The business setup can also be done remotely, personal presence is not required for the company formation.
The personal documents that are needed for the business setup in this Free Zone include:
- Company name options
- Passport copy
- Residential address and phone number
- Passport-size photo (for visa-eligible companies)
The documents provided after successful completion of the registration are:
- Trade License
- Certificate of Incorporation
- Memorandum of Association
- Articles of Association
- Lease Agreement