The International Free Zone Authority (IFZA) is a leading free zone in Dubai, providing a dynamic business environment that caters to companies from various industries. Established in 2018 in Fujairah, IFZA originally operated as a remote free zone.
However, in 2020, IFZA strategically relocated to Dubai Silicon Oasis, placing it in close proximity to Dubai’s key business hubs and providing companies easier access to major cities and markets across the UAE. This move significantly boosted IFZA’s appeal, making it a more attractive destination for both local and international businesses.
IFZA is home to over 1,000+ active businesses and has quickly earned a reputation for its flexibility and affordability. Unlike some other free zones that cater to specific industries, IFZA does not limit businesses to a particular sector, which is one of its biggest strengths.
With more than 800 approved business activities, entrepreneurs and companies from virtually any industry can find a home in IFZA. Whether in trading, services, logistics, or even manufacturing, businesses benefit from streamlined processes and an attractive regulatory framework.
One of the most compelling features of IFZA is its competitive pricing structure, which has earned it the title of the cheapest free zone in Dubai. This affordability, combined with its world-class infrastructure and prime location, has drawn interest from entrepreneurs and investors worldwide.
In fact, more than 100 nationalities are represented among the businesses operating within the zone, making IFZA one of the most international free zones in Dubai. This diversity underscores IFZA’s global appeal and its commitment to fostering a vibrant, multinational business community.
Overall, IFZA is a versatile and cost-effective free zone that provides businesses with the flexibility and support needed to succeed in the UAE's thriving economy.
International businesses do not require a local Emirati sponsor to be a partner to operate in IFZA, maintaining 100% ownership.
There is no tax or restrictions on profits sent back to the home country.
Businesses are exempted from corporate taxes when not dealing with mainland companies and from import & export excise duties.
No need for an office or store in the UAE to operate your business using this license.
Flexi-desks, private office, dedicated workspace, and personalized offices. Wi-Fi, furniture, AC, printer, scanner, meeting rooms and others.
Under one business license a business can carry out multiple business activities without the need to change or update the license.
The free zone provides commercial and professional licenses and they cover the following:
Select the appropriate business activity (commercial, industrial, professional) and license type (e.g., trading, consultancy, service).
Determine the number of shareholders and ownership requirements.
Ensure the desired trade name complies with the regulations and submit it to IFZA for approval.
Takes 1 to 2 days
Provide the necessary documents.
Takes 2 to 5 days
Once the documents are submitted, the free zone authority will review the application for initial approval.
Takes 2 to 5 days
After the initial approval, sign the required legal forms, such as the Articles of Association (AoA) and other agreements.
Takes 1 to 3 days
Select an office space that fits your business needs and budget.
Takes 1 to 2 days
Pay the applicable license fees, once payment is confirmed, IFZA will issue the trade license.
Takes 1 to 2 days
Apply for UAE residency visas through IFZA, for owner, employees, and investors.
Takes 2 to 4 weeks
Setting up a company in IFZA, Dubai is a quick and straightforward process. For a seamless and hassle-free experience, it's advisable to work with a Registered Agent like RadiantBiz. Our expert team will provide comprehensive guidance and support throughout the company formation process and beyond.
We’ll assist you in selecting the most appropriate and affordable business package to realize your dream company in Dubai. IFZA is a popular choice among foreign investors for their startup businesses.
IFZA Free Zone offers a range of facilities, including offices, warehouses, residential apartments, hotels, and retail outlets. There are various license options available, such as Consultancy License, Service License, Trading License, General Trading License, Industrial License, and Holding License, to effectively cater to the needs of both small local businesses and large international enterprises.
Required documents vary based on the legal structure of the business: FZE, FZCO and Branch Office.
It is advisable to prepare documents in Arabic and English beforehand.
The cost of setting up a business in IFZA varies depending on the type of license you require, the starting price of all licenses is AED 12,900.
In addition to the license fees, other potential costs include office space, which can vary significantly based on location and size. Local sponsor fees if applicable and visa and permit costs also add to the overall expenses.
*Note the price is an estimate and will vary in reality. For an accurate cost breakdown, get in touch with our consultants.
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