Starting a business in the UAE has never been easier, especially with the many free zones that offer attractive benefits like 100% foreign ownership, tax-free income, and easy setup procedures. One of the most popular options today is the International Free Zone Authority (IFZA), located in Dubai Silicon Oasis. IFZA free zone company formation has quickly become a favourite among entrepreneurs and investors because it offers affordable business packages, a wide range of business activities, and a simple, fast registration process.
At AE Setup, our trusted partnership with IFZA ensures your company formation process is smooth from start to finish. We take care of everything from paperwork to licensing, so you can focus on building your business.
IFZA Free Zone Overview
The International Free Zone Authority (IFZA) is one of the most dynamic and investor-friendly free zones in the UAE. Known for its flexible business setup options and cost-effective packages, IFZA has quickly risen in popularity among entrepreneurs, startups, and global investors looking to establish a presence in Dubai.
Originally established in Fujairah, IFZA later moved its operations to Dubai Silicon Oasis, a major technology park and innovation hub. This strategic relocation gave IFZA a stronger foothold in Dubai’s thriving business ecosystem, offering entrepreneurs access to world-class infrastructure, connectivity, and global markets.
Key Features of IFZA
- 100% Foreign Ownership – No local partner or sponsor required
- Full Repatriation – Freedom to repatriate profits and capital
- No Corporate or Personal Tax – Total exemption from income and corporate taxes
- Wide Range of Licenses – Choose from professional, commercial, industrial, and more
- Fast & Flexible Setup – Quick company registration with minimal documentation
- No Physical Office Required – Flexi-desk and virtual office options available
- Affordable Packages – Competitive pricing tailored to startups and SMEs
- Multiple Visa Options – From zero to multiple residency visas under one license
Industries Allowed in IFZA
IFZA allows a diverse range of business activities across various industries, including but not limited to:
- Consultancy Services (e.g., management, marketing, IT consulting)
- Trading & E-commerce (import/export, online retail, general trading)
- Media & Creative Services (graphic design, digital marketing, advertising)
- Technology & IT Services (software development, cybersecurity, tech support)
- Education & Training (language institutes, professional development)
- Logistics & Freight
- Health & Wellness (fitness coaching, wellness products)
- General Services (cleaning services, repair and maintenance)
What are the Benefits of Setting Up a Company in IFZA
IFZA free zone company formation comes with many benefits that are tailored to meet the needs of modern entrepreneurs, startups, and international investors. Whether you’re looking for affordability, flexibility, or speed, IFZA delivers. Here’s why:
1. 100% Foreign Ownership
You don’t need a local sponsor or partner. Foreign investors can enjoy complete ownership of their company, giving them full control over business decisions and profits.
2. Tax-Free Environment
IFZA offers a zero-tax policy on both personal and corporate income, helping you maximise profits without worrying about complex tax obligations.
3. License with or without a Visa
Not every free zone allows this level of flexibility. With IFZA, you can get a license with zero visa quota if you don’t need residency right away, or opt for multiple visas if you’re hiring staff or relocating. You only pay for what you need.
4. Flexible License Packages
You can combine multiple business activities under one IFZA free zone license, even if they fall into different sectors, something not always possible in other zones.
5. Business Support Services
From banking assistance to documentation and PRO services, IFZA offers support to simplify your operations, especially when paired with a setup expert like AE Setup.
6. Strategic Location in Dubai Without the High Mainland Costs
Operating out of Dubai Silicon Oasis gives your business the credibility and prestige of a Dubai address, without the higher costs and compliance burden associated with mainland company formation.
Types of Licenses Offered by IFZA
IFZA offers a variety of business licenses to suit different industries and business models. Here are the main options:
1. Professional License
Ideal for individuals or companies offering services based on skills, expertise, or knowledge.
Examples: Consultancy, IT services, marketing, training, design, and more.
2. Commercial License
For businesses involved in trading activities, whether it’s selling products within the UAE or exporting/importing goods internationally.
Examples: General trading, e-commerce, electronics trading, fashion and accessories, etc.
3. Industrial License
Meant for businesses that are involved in manufacturing, production, or light industrial activity.
Note: Requires physical space and may involve additional approvals.
4. Freelance Permit
Tailored for individual freelancers or sole professionals who want to operate legally without setting up a full company. It allows you to work independently, offering your skills and services in areas like writing, design, IT, consulting, and more.
Documents Required for IFZA Free Zone Company Formation
When setting up your company in the IFZA Free Zone, having the right documents ready will make the process smooth and fast. Here’s a checklist of the main documents you’ll typically need:
- Passport copies
- Passport-sized photos
- Proof of residence (utility bill or tenancy contract, not older than 3 months)
- Business plan or description of business activities
- No Objection Certificate (NOC), if required
- Existing company documents (trade license, certificate of incorporation), if applicable
- Completed IFZA application forms
- Legal translation of documents not in English or Arabic (if applicable)
IFZA Free Zone Company Formation Process
Setting up your company in IFZA is designed to be straightforward and efficient. Here’s a step-by-step process:
1. Choose Your Business Activity
Decide on the business activities you want to conduct. IFZA allows multiple activities under one license, so pick carefully based on your plans.
2. Select the Type of License
Based on your chosen activities, select the appropriate license type: Professional, Commercial, Industrial, Holding, Service, or Freelance Permit.
3. Reserve Your Company Name
Submit your preferred company name for approval with IFZA. The name must comply with UAE naming conventions, be unique, and should not include any offensive or restricted terms. This step ensures your brand identity is protected.
4. Submit Application & Required Documents
Gather all necessary documents, including passport copies, photos, and proof of residence. Submit these along with the completed application forms to IFZA or through a trusted business setup partner like AE Setup, who can assist with paperwork and approvals.
5. Pay License Fees
Once your application is reviewed and approved, you will receive an invoice. Pay the applicable license fees according to your chosen package and business activity. IFZA is known for its cost-effective packages, so this step is budget-friendly.
6. Sign the Agreement and Receive Your License
After payment, sign the license agreement. IFZA will then issue your official trade license, typically within 3 to 5 working days.
7. Apply for Residency Visas (if needed)
If your business package includes UAE residency visas, start the visa application process for yourself, employees, or family members. IFZA facilitates visa processing, and you can apply for visas based on your license quota.
8. Open a Corporate Bank Account
With your IFZA free zone license in hand, approach UAE banks to open a corporate bank account. This step is crucial for managing your company’s finances, receiving payments, and handling operational costs.
Bonus Tip: Working with a professional business setup consultancy like AE Setup can simplify this entire process, help you avoid common pitfalls, and ensure faster approvals.
IFZA Free Zone Company Formation Cost
Setting up a business in Dubai’s IFZA Free Zone is a cost-effective option for entrepreneurs. The basic license fee starts from AED 12,900 for a zero-visa package valid for one year, while packages with visas range from AED 14,900 to AED 20,900 annually, depending on the number of visas included (up to four visas). IFZA also offers multi-year packages, two, three, or five years, which provide significant savings, with costs ranging from around AED 21,900 up to AED 59,200, depending on the duration and visa count.
IFZA’s competitive pricing and streamlined procedures make it a popular choice for entrepreneurs seeking an affordable and flexible free zone option in Dubai.
How We Can Help with IFZA Company Formation?
IFZA is quickly becoming a favourite spot for new businesses because it keeps things simple, affordable, and flexible, exactly what entrepreneurs need to get started and thrive. The best part is you don’t have to do it alone. AE Setup is here to help you with every step, so setting up your company is simple and stress-free. If you’re ready to start your business journey with IFZA, just contact us, and we’ll help you make it happen.
Frequently Asked Questions
1. Who can set up a company in IFZA?
Anyone from anywhere in the world can set up a company in IFZA, whether you’re a freelancer, a startup, or an established business.
2. How long does it take to get a company license in IFZA?
Typically, the process takes about 3 to 5 working days after submitting all required documents and payments.
3. Can I get UAE residency visas through IFZA?
Yes, IFZA offers residency visas depending on the license package and a number of employees or partners.
4. Can I add multiple business activities under one IFZA license?
Yes, IFZA allows you to include multiple related business activities under a single license.
