Are you looking to start your own company in the vibrant city of Dubai? Setting up a business in the International Free Zone Authority (IFZA) Freezone could be the perfect option for you. In this article, we will guide you through the process of registering a company in IFZA Freezone Dubai, providing you with all the information you need to get started.
- What is IFZA Freezone in Dubai?
- Steps to Register a Company in IFZA Freezone Dubai
- Why Choose IFZA Freezone for Your Company Registration?
- Procedure for Company Registration in IFZA Freezone Dubai
- Requirements for Company Registration in IFZA Freezone Dubai
- Types of companies allowed in IFZA Freezone Dubai
- Cost of setting up a business in IFZA Freezone Dubai
- Types of Licenses in IFZA Freezone Dubai
- How to Register a Company in IFZA Freezone with Us
- Why Choose Us for Company Registration in IFZA Freezone Dubai?
- Connect with Neeja Corporate Services
- IFZA Free Zone Business Activities
- Related Articles
What is IFZA Freezone in Dubai?
IFZA Freezone is a leading business hub that provides a strategic location for businesses of all sizes and industries. Located in the heart of the United Arab Emirates, IFZA Freezone Dubai offers a range of business services and infrastructure to support companies in their growth and expansion efforts. With its strategic location, top-notch facilities, and business-friendly environment, IFZA Freezone has quickly become a popular choice for companies looking to establish a presence in the region.
IFZA offers 100% ownership of your company, allowing you to retain full control of your business without the need for a local sponsor. This level of autonomy is highly attractive to foreign investors looking to establish a presence in Dubai. Moreover, IFZA provides a range of incentives, including tax exemptions and duty-free import and export of goods, making it a cost-effective option for businesses of all sizes.
Steps to Register a Company in IFZA Freezone Dubai
Now that you understand the benefits of setting up your business in IFZA Freezone Dubai, let’s walk through the steps to register a company:
- Choose Your Business Activity: The first step is to determine the type of business activity you wish to engage in. IFZA offers a wide range of business licenses, so make sure to select the one that best suits your company’s needs.
- Select Your Company Name: The next step is to choose a unique and relevant name for your company. Ensure that the name complies with IFZA’s naming guidelines to avoid any delays in the registration process.
- Gather Required Documents: To register your company in IFZA, you will need to provide certain documents, including a copy of your passport, proof of address, and a business plan. Make sure to have these documents ready to expedite the registration process.
- Submit Your Application: Once you have gathered all the necessary documents, you can submit your application for company registration online through the IFZA portal. The registration process is straightforward and can be completed within a few business days.
- Obtain Your Business License: Upon approval of your application, you will receive your business license from IFZA. This license will allow you to legally operate your business within the Freezone.
- Set Up Your Business Space: Finally, you will need to secure a physical office space within IFZA Freezone to establish your company’s presence. IFZA offers a range of office solutions to accommodate businesses of all sizes.
Why Choose IFZA Freezone for Your Company Registration?
Starting your business in IFZA Freezone comes with a host of benefits that can help your business thrive in the competitive global market. Some of the key advantages of setting up your business in IFZA Freezone include:
- 100% foreign ownership
- 0% corporate and personal income tax
- No restriction on capital repatriation
- Quick and efficient company registration process
- State-of-the-art infrastructure and facilities
- Access to a pool of skilled workforce
Setting up a company in IFZA Freezone can provide your business with a host of benefits, from tax advantages to strategic location and business support services. If you are looking to establish a presence in the UAE and tap into the region’s growing economy, IFZA Freezone is an excellent choice for your company. Take advantage of the opportunities that IFZA Freezone has to offer and watch your business thrive in this competitive market.
Procedure for Company Registration in IFZA Freezone Dubai
- Choose Your Business Activity: The first step is to select the business activity that best fits your company’s goals and objectives. IFZA offers a wide range of activities to choose from.
- Select Your Company Name: Once you have decided on your business activity, you need to choose a unique and meaningful name for your company. Make sure the name complies with IFZA’s naming guidelines.
- Prepare the Required Documents: To complete the company registration process, you will need to gather the following documents:
- Passport copies of shareholders and directors
- Proof of address for shareholders and directors
- Business plan
- Memorandum of Association (MOA)
- Power of Attorney (if applicable)
- Submit Your Application: After gathering all the necessary documents, you can submit your application for company registration through the IFZA portal. The process is straightforward and can be completed online.
- Payment of Fees: In order to finalize the registration process, you will be required to pay the relevant registration and license fees. Once payment is made, your company will be officially registered in IFZA Freezone Dubai.
Requirements for Company Registration in IFZA Freezone Dubai
- Share Capital: There is no minimum share capital requirement for company registration in IFZA Freezone.
- Physical Office: While a physical office is not mandatory, you can choose from a range of office solutions provided by IFZA to suit your business needs.
- Residence Visa: As a company owner in IFZA Freezone, you are eligible to apply for a residence visa for yourself and your dependents.
- Bank Account: It is advisable to open a corporate bank account in a reputable bank to facilitate your business transactions.
Types of companies allowed in IFZA Freezone Dubai
One of the key advantages of setting up a company in IFZA Freezone is the flexibility it offers in terms of business activities. Here are some of the main types of companies that can be established in IFZA:
- Freezone Company: A Freezone Company in IFZA allows entrepreneurs to have 100% ownership of their business, with no requirement for a local sponsor. This type of company is ideal for those looking to start a new venture or expand an existing one in the UAE.
- Branch Office: Companies looking to establish a presence in the UAE without setting up a separate entity can opt for a Branch Office in IFZA. This option allows businesses to engage in specific activities defined by the parent company.
- Consultancy Firm: IFZA is an ideal location for setting up a Consultancy Firm, offering a wide range of professional services to clients in various industries. This type of company can provide expert advice and support to businesses operating in the region.
- Trading Company: Entrepreneurs looking to import, export, and trade goods in the UAE can set up a Trading Company in IFZA. This type of company allows for easy access to international markets and seamless trading operations.
- E-Commerce Business: With the rise of online shopping and e-commerce platforms, IFZA is a great location for setting up an E-Commerce Business. This type of company can sell products and services online, catering to a global customer base.
Cost of setting up a business in IFZA Freezone Dubai
Once your business is up and running in the IFZA Freezone, there are several ongoing costs to keep in mind. These costs may include:
- Renewal Fees: Your business license will need to be renewed annually, which will come with a renewal fee.
- Office Maintenance: Keeping your office space up and running will require regular maintenance and associated costs.
- Visa Renewal Fees: If you have sponsored employees or have a visa yourself, you will need to renew your visa annually, incurring renewal fees.
Types of Licenses in IFZA Freezone Dubai
When it comes to setting up a business in IFZA Freezone, entrepreneurs have the option to choose from several types of licenses depending on the nature of their business activities. Here are some of the main types of licenses available in IFZA Freezone:
- Trading License: This type of license is ideal for businesses involved in trading activities, including the import and export of goods. With a trading license from IFZA, businesses can conduct their trading activities both locally and internationally.
- Consultancy License: For businesses providing professional services such as consulting, advisory, or management services, a consultancy license from IFZA is the perfect choice. This license allows businesses to offer their expertise to clients both within and outside the UAE.
- General Trading License: If your business deals with a wide range of products and services, a general trading license from IFZA allows you to engage in various trading activities without any restrictions on the type of products you can trade.
- E-commerce License: With the rise of online shopping, an e-commerce license from IFZA enables businesses to set up an online store and sell products and services over the Internet. This license is perfect for businesses looking to tap into the growing e-commerce market.
- Media License: Businesses involved in media production, advertising, or publishing can benefit from a media license from IFZA. This license allows businesses to legally operate in the media industry both locally and internationally.
- Service License: For businesses offering services such as IT, marketing, or event management, a service license from IFZA is the ideal choice. This license allows businesses to provide a wide range of services to clients in the UAE and beyond.
How to Register a Company in IFZA Freezone with Us
- Initial Consultation: The first step is to schedule an initial consultation with our team. During this meeting, we will discuss your business goals, requirements, and the type of company you wish to register in IFZA Freezone.
- Documentation: Once we have a clear understanding of your business needs, we will help you prepare all the necessary documentation for company registration. This includes preparing the Memorandum of Association, Articles of Association, and other required documents.
- Company Name Reservation: Before registering your company, we will help you reserve a unique name for your business. This process ensures that your company name is not already in use and complies with IFZA Freezone regulations.
- License Application: After finalizing the documentation and company name, we will assist you in submitting the license application to the IFZA Freezone authorities. Our team will ensure that all necessary forms are filled out correctly and submitted promptly.
- Company Registration: Once your license application is approved, we will assist you in completing the company registration process. This includes obtaining your trade license, lease agreement, and other necessary permits to start your business operations.
Why Choose Us for Company Registration in IFZA Freezone Dubai?
- Expertise and Experience: Our team of experts has years of experience in company formation in Dubai Freezones, including IFZA. We have helped numerous clients successfully register their businesses and start operations in the Freezone.
- Personalized Service: We understand that every business is unique, which is why we offer personalized services tailored to your specific needs. Whether you are a small start-up or a large corporation, we provide customized solutions to meet your requirements.
- Efficiency and Reliability: With our streamlined processes and efficient workflows, we ensure a quick and hassle-free company registration experience for our clients. You can trust us to handle all aspects of the registration process with professionalism and reliability.
- Comprehensive Support: Our support does not end with company registration. We provide ongoing support and assistance to help you navigate through the various business requirements in the Freezone. From visa processing to office setup, we are here to help you every step of the way.
Registering a company in IFZA Freezone Dubai is a straightforward process that offers numerous benefits for entrepreneurs. By following the steps outlined in this article, you can set up your business in IFZA Freezone and take advantage of the tax benefits and business-friendly environment it offers. So why wait? Start your entrepreneurial journey in Dubai today!
Connect with Neeja Corporate Services
Are you looking to start your company in Setup in Dubai but feeling overcome by the registration process? Don’t worry, you’re not alone. Setting up a business in a foreign country can be challenging, but with the right guidance and support, it doesn’t have to be a stressful experience. Neeja’s business setup services offer complete support and serve as a one-stop shop for company setup in Dubai IFZA Free zone. We provide a wide range of value-added services, such as new company in IFZA Freezone Dubai and VAT registration. Over the years, we have successfully advised many new entrepreneurs to make their business in UAE dreams a reality.
To book a free consultation, call on +971 43243031. You can also send a WhatsApp message at +971 50 465 2843. To connect over email, send us your query at incorp@neejacs.com.
IFZA Free Zone Business Activities
| Activity Code | Activity Name | Descriptions |
|---|---|---|
| 3290024 | 3D Printing Products Production | Includes firms specialized in producing products by the 3D printing through creating designs of objects with AutoCAD software, then the printer creates a three-dimensional object using lasers to fuse powdered materials together layer by layer, the powdered materials involve metal, plastic, rubber, silicon, ceramic, such technology involves different products and parts such as, jewelry, industrial parts, vehicles, dental and medical industry. |
| 9609017 | Accidents Casualties Support Services | Includes firms engaged in providing assistance and support to the persons who sustained injuries in accidents caused by land, air or sea means of transport, these persons might be away from home, the service involve visiting hospitals to relieve their suffering, communicate with their relatives abroad, undertake all the procedures to enable them go back home. |
| 6920003 | Accounting & Bookkeeping | Includes the offices specialized in setting and designing accounting systems for companies and firms, designing accounting documents, records and books, setting documentary cycles or other accounting processes. These offices offer services against fixed fees, but may not examine or audit accounts. |
| 7730029 | Accounting & Office Machinery Rental | Includes the rental of office equipment regardless of their use, such as accounting equipment, typewriters, photocopiers, computer sets, word processors, microfilm photography equipment.. etc. |
| 8690012 | Acupuncture Center | A health facility licensed to provide medical treatment through insertion of metal needles into the skin and underlying tissues. It is believed that the needle affects the hypothetical channels and burning spaces of the body. The site of insertion is chosen to affect a particular organ for treatment purpose. |
| 8720003 | Addiction Rehabilitation Center | A healthcare facility provides residential treatment for people recovering from addiction as part of continuum of care for effective treatment. It is characterized by a high level of psychological and social intervention at a critical stage of recovery. Residential treatment is most effective when people are immediately discharged from an in-patient hospital unit, or when their addiction symptomology requires a low level of assisted withdrawal and when abstinence is a goal of treatment. In addition residential treatment is most valuable where there is polydrug misuse, co- occurrence of substance misuse and mental illness or complex social and relationship issues. |
| 1709101 | Adhesive & Paper Slitting | Includes using slitting machines to cut large rolls of adhesives and papers into narrower rolls. |
| 8810004 | Adult Day Healthcare Facility | A non-residential facility specializing in providing services that are designed to meet the needs of functionally and/or cognitively impaired adults. Adult day health care facilities provide a caring, non-institutional setting for individuals who, for their own safety and well-being, can no longer be left at home alone. These facilities often provide protected settings and include a mixture of health and support services. Many offer specialized services such as programs for individuals with developmental disabilities, traumatic brain injury, HIV/AIDS, and vision and hearing impairments |
| 8549061 | Advanced Driving School | Includes providing theoretical education and practical to light motor vehicles drivers who hold valid driving licenses to refresh and enhance awareness on safe driving on roads, upgrading skills to identify and avoid driving risks, enabling understanding driving psychology, educating on how to plan a driving trip before taking the road. |
| 8549060 | Advanced First Aid Training Center | A center specialized in scientifically designing and providing training programs in advanced first aid and its applications, in order to save a life or alleviate injury impacts to minimal level and facilitate therapeutic procedures to be done by the doctor. |
| 127003 | Advanced Growing of Beverage Crops | Includes agricultural firms specialized in advanced growing of beverages crops, using methods of hydroponics, vertical farming and greenhouses or other non- traditional methods to grow coffee, tea, cocoa and other beverage crops for commercial purposes. such firms are allowed to import materials used in the agricultural operations, such as, Seeds, chemical and organic fertilizers, pesticides, as well as the specialized agricultural tools. |
| 123002 | Advanced Growing of Citrus Fruits | Includes agricultural firms specialized in advanced growing of citrus fruits, using methods of hydroponics, vertical farming and greenhouses or other non- traditional methods to grow grapefruits, lemons, oranges, for commercial purposes or otherwise, such firms are allowed to import materials used in the agricultural operations, such as, Seeds, chemical and organic fertilizers, pesticides, as well as the specialized agricultural tools. |
| 111301 | Advanced Growing of Grains, Leguminous Crop & Oilseeds | Includes agricultural firms specialized in advanced growing of grains crop and oilseeds, using methods of hydroponics, vertical farming and greenhouses or other non- traditional methods to grow wheat, corn grains, barley …etc, also, leguminous crops, such as, chickpeas, peas, beans …etc, and oilseeds for commercial purposes, such firms are allowed to import materials used in the agricultural operations, such as, seeds, chemical and organic fertilizers, pesticides, as well as the specialized agricultural tools. |
| 119003 | Advanced Growing of Other Non- Perennial crops | Includes agricultural firms specialized in advanced growing of non- perennial crops using methods of hydroponics, vertical farming and greenhouses or other non- traditional methods to grow fodder, maize and alfalfa, fodder seeds, flowers and seeds to produce ornamental flowers and flower buds for commercial purposes, such firms are allowed to import materials used in the agricultural operations, such as, seeds, chemical and organic fertilizers, pesticides, as well as the specialized agricultural tools. |
| 122002 | Advanced Growing of Palms & Fruits | Includes agricultural firms specialized in advanced growing of date palms, using methods of hydroponics, vertical farming and greenhouses or other non- traditional methods, including seedlings separation and treatment, dates preservation, also applying the same techniques to grow tropical and subtropical fruits, such as, avocados, bananas, mangoes, papayas, pineapples …etc., such firms are allowed to import materials used in the agricultural operations, such as, seeds, chemical and organic fertilizers, pesticides, as well as the specialized agricultural tools. |
| 128102 | Advanced Growing of Spices | Includes agricultural firms specialized in advanced growing of spices, using methods of hydroponics, vertical farming and greenhouses or other non- traditional methods to grow black pepper, nutmeg, anise, cinnamon and other spice crops for commercial purposes. such firms are allowed to import materials used in the agricultural operations, such as, Seeds, chemical and organic fertilizers, pesticides, as well as the specialized agricultural tools. |
| 113005 | Advanced Growing of Vegetables, Melons, Roots & Tubers | Includes agricultural firms specialized in advanced growing by using methods of hydroponics, vertical farming and greenhouses or other non- traditional methods to grow leafy vegetables, fruits bearing vegetables, melon species, root-planting, tuberous vegetables., also, mushroom and other vegetable for commercial purpose, such firms are allowed to import materials used in the agricultural operations, such as, seeds, chemical and organic fertilizers, pesticides, as well as the specialized agricultural tools. |
| 7310006 | Advertisement Designing & Producing | Includes firms engaged in designing, creating commercial advertising to display in a printed medium such as a newspaper, magazine, periodicals, and also placing in radio, television, the Internet and other media |
| 7310017 | Advertising Researches & Consultancies | includes providing advertising organizations advice and assistance on the creation of advertising campaigns and placement of such advertising in periodicals in order to encourage and persuade consumer behavior with respect to a commercial offering , also to employing different methodologies of research that works to improve the effectiveness and efficiency of advertising, such firms are not allowed to conduct field questionnaire before getting approval from the competent authority |
| 8129010 | Advertising Signboards Cleaning Services | Includes cleaning signboards fixed on streets and roads. |
