International Free Zone Authority (IFZA)
The Emirate of Dubai is home to the International Free Zone Authority (IFZA). It is poised to develop into a significant, cutting-edge investment center with several advantages to offer, which will undoubtedly aid in the further growth of the UAE economy. IFZA is thoughtfully positioned to provide quick access to vibrant marketplaces.
In the United Arab Emirates, the International Free Zone Authority (IFZA) is becoming a major investment destination. This makes IFZA-Dubai a preferred option for setting up a free zone corporation for investors.
Benefits of Company Formation in IFZA
There are several reasons to start a business in IFZA, and some of them are
IFZA has simple processes and minimal criteria.
It has the most affordable solution for company setup in the UAE.
Availability of various commercial, service, and trade operations.
No need for a physical presence to start a business.
Complete capital and profit repatriation.
Complete foreign ownership
There is no minimum paid-up capital demand.
The availability of various visa and non-visa packages.
With a single IFZA License, professional, commercial, and industrial activities may be integrated.
IFZA Business Setup Activity List
IFZA offers a wide variety of business activities. One license may contain up to 7 different activities, and it is possible to combine activities from many categories
E-commerce is not a different activity in IFZA, but you can use a regular trade license to sell things online.
The many license categories for Free Zone Company Setup that IFZA Dubai issues include:
- Consulting License: The business can offer knowledgeable and competent consulting services under this license.
- Service License: The service license permits the production, replication, transformation, and distribution of services.
- General Trading license - A trading license enables the business to offer to trade, buy, and selling of goods.
- Industrial License - An industrial license enables holders to import raw materials, produce, duplicate, manufacture, package, and export.
- Holding License - This license permits the possession of independent property and stock in other corporations.
- Trading License – You can do import and export and other trading activities with this.
Visa /Entry permit Copy
Director/Shareholder passport photos
Additional documents depending upon business activity
IFZA Company Setup Process
Choose the business activity or activities that you want to proceed with, and also select the structure of your business.
Select three names for your business, out of which you can finalize one. Your company's name should not be currently in use by another company in the Freezone. Likewise, there are other rules and regulations in naming your business.
Fill out all your details and submit your application with the necessary documents to the free zone authority to proceed to the next steps.
If your business needs any, get the necessary authorizations and approvals from the relevant authorities.
Pay the required fees and get your license. You can start your business operations once you receive your license.
Why Choose Gryffin Capitalist?
Want to set up a business in IFZA? It may first be challenging to continue alone on an uncharted route. There is where business setup consultants come into the picture since they are familiar with the legal procedures and business development process to avoid engaging in the same business.
Gryffin Capitalist offers specialized assistance with business incorporation. Since the beginning, we have aided several business investors in setting up their businesses in the United Arab Emirates and other Middle Eastern locations. Our knowledgeable business professionals take the necessary measures to comprehend your company's demands and provide services to those needs. Contact us for further clarifications.
Strong belief in long-term client relationships
Competitive Market Pricing
Efficient and Transparent Process
What our clients say
Very Prompt Service
"Gryffin Capitalist has assisted us with the opening of an offshore bank account without much hassles. I have faced issues with other companies regarding the required documents and process"
Seamless company Incorporation process
"I contacted Gryffin Capitalist to incorporate my company in the British Virgin Islands. The consultants were proactive in explaining the process and getting necessary documents in a single go thereby avoiding any resubmission and saving a lot of time."
Great Service by the team
"The team at Gryffin capitalist was very helpful in my company incorporation in the UAE. After the sales, the operations team was proactive and followed up regularly to get the company registered."
Yes, IFZA provides easier business setup process and encourages business owners to set up their company
Yes, you can start a trading business after getting a business license.
Once your company is established, you can open a bank account.
It will not take more than 6 to 7 business days.
You can carry out up to 7 activities.