The International Free Zone Authority (IFZA) has rapidly become one of the most popular destinations for business formation in the United Arab Emirates. Located in Dubai Silicon Oasis, IFZA offers a flexible, affordable, and efficient platform for entrepreneurs and global investors looking to tap into the thriving UAE economy. If you're considering launching a business in the UAE, an IFZA Freezone business setup could be your ideal solution.
What is IFZA?
The International Free Zone Authority (IFZA) is a dynamic free zone in Dubai that provides a wide range of business licenses and activities. It is known for its streamlined processes, low-cost setup options, and investor-friendly policies. IFZA supports businesses across various industries, from consultancy and trading to IT, media, and logistics.
Benefits of IFZA Freezone Business Setup
100% Foreign Ownership
Investors can enjoy full ownership of their company without needing a local sponsor or partner.
Low Setup Cost
IFZA is one of the most cost-effective free zones in Dubai, making it especially attractive for startups and SMEs.
Wide Range of Business Activities
Over 1,000 business activities are available across professional, commercial, and industrial sectors.
No Physical Office Required
IFZA allows business owners to establish a company without the need for physical office space, using a virtual office instead.
Fast & Streamlined Process
Company registration can be completed in a few days, with minimal paperwork and bureaucratic delays.
Tax Advantages
0% corporate and personal income tax (conditions apply)
No import/export duties within the Free Zone
Full repatriation of profits and capital
Strategic Dubai Location
Operating from Dubai gives businesses global connectivity, excellent logistics support, and access to a skilled workforce.
Types of Licenses Offered by IFZA
When planning your IFZA Freezone business setup, selecting the right license is critical. IFZA offers:
Professional License: For consultancy, services, and professional activities
Commercial License: For buying and selling goods within and outside the UAE
Industrial License: For light manufacturing and production activities
Holding License: For managing assets and investments
Multiple activities can also be included under a single license, providing greater flexibility.
Steps to Set Up a Business in IFZA Freezone
Choose Your Business Activity
Identify the business activity that matches your services or products.
Select a Company Structure
The most common form is the Free Zone Limited Liability Company (FZ-LLC).
Reserve a Trade Name
Pick a unique business name and get it approved by IFZA.
Submit Required Documents
Basic documents include:
Passport copy of the owner
Passport-sized photograph
Application form
Business plan (for some activities)
Obtain Your Business License
After verification, IFZA will issue your trade license.
Visa and Bank Account
Apply for UAE residence visas for yourself and your employees, and open a corporate bank account.
Cost of IFZA Business Setup
IFZA is known for its competitive pricing. As of now:
Basic license packages start from AED 12,900 (without visa quota)
License with 1 visa quota: From AED 14,900 onwards
Additional costs may include visa processing, Emirates ID, medical test, and insurance
Note: Pricing can vary based on business activity and visa requirements.
Why Choose IFZA Over Other Free Zones?
Lower initial cost compared to other Dubai free zones
Easy upgrades and license modifications
Prestigious Dubai address
Efficient customer service and support
Flexibility to operate multiple business activities under one license
Final Thoughts
An IFZA Freezone business setup is a smart move for entrepreneurs who want a low-cost, hassle-free entry into the UAE market. With a combination of benefits like 100% ownership, tax advantages, and strategic location, IFZA offers a strong foundation for businesses of all sizes.
Whether you're a freelancer, startup founder, or international investor, IFZA provides the tools and support to help you grow in one of the world’s most dynamic economies.
