International Freezone Authority IFZA
Since the Dubai Silicon Oasis (DSO) Authority agreed and signed an agreement with International Freezone Authority, IFZA where was originally founded in Fujairah, a lot of entrepreneurs got a chance to explore and optimize the benefits of its flexible business setup solutions.
Any individuals who intend to incorporate a business around Dubai Silicon Oasis, International Free Zone Authority IFZA Company Formation is your best choice.
International Free Zone Authority IFZA Dubai is typically more attractive to outside investors and entrepreneurs because of its monthly attractive promotions in setting up a business.
Since the Dubai Silicon Oasis (DSO) Authority agreed and signed an agreement with International Freezone Authority IFZA which was originally founded in Fujairah, a lot of entrepreneurs got a chance to explore and optimize the benefits of its flexible business setup solutions.
IFZA Freezone is known as one of the cheapest business set-ups in all over the free zone in the UAE. It has introduced different types of activities where entrepreneurs and foreigners can boost their capacity and expertise in the field of business. It abounds in opportunities and resources, attracting the largest horde of people every year that sees it as a place to fulfill their dreams.
Flexi Desk, Dedicated Office, and Private office are readily available in this location. Whenever you decided on an immediate business setup, IFZA is very much ready for what you demand.
Aside from that, IFZA has a facility such as Warehouses, retail outlets, residential apartments, and hotel options that serve small to multinational levels businesses.
IFZA DUBAI BUSINESS SET-UP COST
| JOB DESCRIPTION | IFZA DUBAI STANDARD YEAR LICENSE PRICE |
|---|---|
| Zero Visa License | AED 13,900 |
| License with 1 visa quota | AED 17,900 |
| License with 2 visa quotas | AED 21,900 |
| License with 3 visa quotas | AED 23,900 |
| License with 4 visa quotas | AED 25,900 |
| License with 5 visa quotas | AED 27,900 |
| License with 6 visa quotas | AED 29,900 |
Cost can vary greatly depending on the business license whether it’s a Professional and Commercial license.
Also, by choosing General Trading, you have to pay an additional AED 10,000 from the standard price of the license.
| Extra Business Activity Fee | AED 1,000 |
| Cross Business Activity Fee | AED 2,000 |
| Extra Shareholder | AED 350 |
| Per Corporate Shareholder | AED 750 |
Applying license under IFZA allotted 2 activities free of charge. But IFZA is known for promotion packages for setting up a business, once the promotion is still active, they considered 3 activities free of charge.
A total of seven (7) activities can be put in the same license. You can put combine Professional and Commercial business activities in a single license.
Moreover, 3 shareholders are included per license package with no general restrictions imposed, the maximum number of shareholders is subject to the approval of the Authority
Additional Government Services Fees for your Company Formation at IFZA
| Establishment Card | AED 2,000 |
| Establishment Card Renewal | AED 2,200 |
| Residency Visa Fee- Outside country Application (2 years) | AED 3,750 |
| Visa Status Change Fee | AED 1,600 |
| Visa Overstay Fine Payment Service Fee | AED 400 |
| Visa Cancellation (within UAE) | AED 500 |
| Visa Cancellation (outside UAE) | AED 1,300 |
| VIP E-Visa (Additional) | AED 2,000 |
| VIP Residence Visa (Additional- cut-off time is 11am) | AED 1,500 |
MOA & AOA OTHER DOCUMENTS
| Standardized MOA & AOA (with your company details) | Free of Charge |
| Optional: Registration of MOA & AOA with Regulatory Authority | AED 1,500 |
| Extract of Company Registry Information | AED 400 |
General Services
| IFZA Letters & NOCS | AED 250 |
| IFZA Document Attestation | AED 400 |
Penalties
| Freezone- Late License Renewal Penalty | AED 1,000 |
| Establishment Card Late Renewal Penalty | AED 1,000 |
WHY IFZA FREEZONE?
You can get immediate help and support for your company formation from a number of schemes specializing in Professional and Commercial types of licenses.
It is one of the cheapest business licenses in the Freezone area. If you want to establish your business in the Freezone area, this one is the best option for you.
At IFZA, we are committed to helping businessmen corporate companies, and global investors to establish a company here and to use optimally the benefits offered by a developing economy like IFZA. Our experts provide assistance with licensing and visa processing, together with our advice and immediate update and alerts.
Requirements for IFZA Dubai Company Formation
- Colored Passport Copy
- Confirmation on activity
- 6 pcs of passport size photo with white background
- Color Emirates ID Copy for UAE residents
- Color Visa copy (if there’s any)
- Emirates ID application form
- License Application Form
IFZA LIQUIDATION OF COMPANY
Closing your business can be a very difficult choice to make. But for you to have an idea of how to close your company under the IFZA license, here are the following process needs to be done:
- Corporate/ Individual Shareholder Resolution, this should be agreed that the company will be closed and signed by all the shareholders
- End of Service Entitlement- stamped and signed by all shareholders
- Liquidation Report- obtained from a UAE license auditor
- Visa Cancelation
- Establishment Cancelation
- A Final Liquidation Certificate
The Approximate fees of the overall process of the license liquidation/cancelation are from AED 7,000- 9,000 depending on how many visas to cancel.
WHY choose Dahhan Business Services to process your IFZA license?
To make it simple and clear, over the years in the industry, we’ve provided a number of budding entrepreneurs with company formation processes until license liquidation, giving them expert advice which makes everything easy for anyone.
Here are related links to this article for your reference:
Get in Touch with Us!
Please leave your contact details so we can reach you easily.
Freezone
EXCELLENT37 reviews on
Mohammed Mazhar2023-10-17We have consulted DBS regarding our company's trade license issue. Within three days they resolved the issue. Their knowledge is extensive and they provide excellent customer service. Yes, we will recommend others in the future.
Malik Sabir2023-10-09Dear Dahhan Business Services, I wanted to take a moment to express my heartfelt appreciation for the exceptional service I have received during my recent visa renewal process. Having been in the UAE for the past seven years and having gone through several visa renewals, I must say that this experience has truly stood out. It was my fifth visa renewal, and this time, I was pleasantly surprised by the speed and efficiency of your service. The speed at which my visa renewal was processed was remarkable, and it made the entire process seamless and stress-free. Your team's dedication and commitment to providing the fastest service possible have not gone unnoticed. I wanted to extend my gratitude to you and your team for going above and beyond to ensure a smooth and expedited visa renewal. This level of service is not only impressive but also greatly appreciated. Thank you once again for your outstanding service. I look forward to continuing to avail your services in the future and will certainly recommend your company to others. Warm regards, Hafiz Sabir
laura lauraelhachem@hotmail.com2023-10-06It was a really smooth process. Marianne was very efficient and effective. She followed up on each single detail. Highly recommended.
zhou shen2023-08-15They were incredibly responsive and accommodating. Service: Absolutely fast & knowledgeable. They fixed my company problem instantly Pricing: Very transparent and fair, they provide receipts and invoices in all transactions. I really appreciated their honesty and professionally. Highly recommend company for business setups and pro services.
Aziz Dharwala2023-08-15Support: Excellent Service: Good Charges: Reasonable Expertise: Good
Subscribe to Newsletter
Dahhan Business Services
one-stop document processing center that provides its clients with document clearing PRO services, company establishment solutions, a trustworthy company local sponsorship, legal translation services, and trademark services.