IFZA - Novaspace

IFZA - A Premier Business Hub

IFZA is a beacon of world-class business opportunities, located just 20 minutes from Dubai International Airport and Dubai City Centre. Known for its strategic location and cost efficiency, IFZA has become a leading investment centre in the UAE, attracting entrepreneurs from various industries.

Comprehensive Free Zone Packages by IFZA

Through management by the Dubai Silicon Oasis Authority IFZA delivers customized free zone packages which respond to business requirements of entrepreneurs. The International Financial Zone for Authorities provides flexible choices for offices and flexi-desk areas personalized to accommodate diverse business sizes. Entrepreneurs who seek affordable visa solutions should consider IFZA because its visa costs stand as the most reasonable within the United Arab Emirates.

Seamless IFZA Business Setup

With NovaZone at your side, setting up your IFZA company will be a smooth process. Our experts will guide you precisely through every step and ensure a smooth process from start to finish. Whether you are setting up a free zone company (FZCO) or a branch office, our team is committed to simplifying the process and shortening the time it takes to set up your business.

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What IFZA Can Do For You

IFZA offers first-class business start-up solutions for SMEs through our broad network of professional partners and business communities.

BUSINESS INCORPORATION

We have simplified the complexities of starting a business in Dubai so that entrepreneurs and businesses can get to their destination quickly, no matter where they are starting from.

PROFESSIONAL PARTNERSHIP

The only free zone community that uses a distinct business-to-business (B2B) concept is IFZA Dubai. We work hand in hand with our professional partners towards a common goal: long-term business relationships and continued success.

DISCOVER THE BENEFITS OF BEING OUR PARTNER

If you are a specialist in company formation, a law firm or an agency based in the UAE or internationally, IFZA offers you a variety of opportunities as an IFZA Referrer or Professional Partner.

Government Departments

We can help you with the processes in the following government departments

The Benefits Of IFZA Business Setup

The following documents are required in order to set up an IFZA company:

Full Ownership

Ownership will be entirely owned by foreign investors. They are given total authority and control over their endeavors.

Full Profit Repatriation

Without any limitations, send all of your earnings back to your nation of origin.

Less corporate tax

No need to pay corporate taxes if you are not doing business with mainland enterprises. Keep your profits and reinvest them as necessary.

Access to global markets

A multicultural setting makes it easier to network with a wide range of international business people. open opportunities to profitable collaborations.

No Physical Presence Required

You can register your IFZA business without having to be in the UAE in person.

Flexibility for Multiple Activities

Use a single license to conduct several different operations. Expand and diversify your business.

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Essential Documents For IFZA Freezone Company Formation

The Documents Needed For Setting Up An IFZA Company Include The Following:

Copies of the passport(s) belonging to the owner/owners of the company.

A copy of the valid visa(s).

Two passport-sized photographs with a white background

Essential Documentation

The most important documents required to set up an IFZA company include copies of passports, valid visas and passport-sized photos with a white background. With NovaZone’s expertise, you can effortlessly navigate the documentation process, minimize delays and ensure regulatory compliance.

Systematic Business Setup Process

The establishment process for an IFZA company requires a step-by-step method that starts with assessing the necessary licensing requirements. Our team completes the necessary document compilation and pays the registration fees to meet all conditions required for successful company registration. Your company can begin operations within 3-5 days of registration time because the process happens rapidly.

Diverse License Options

IFZA offers a range of licensing options to suit different business needs, including general trade, professional, retail and establishment licenses. Each license category offers unique benefits that allow entrepreneurs to pursue their business goals with confidence.

IFZA Business License Options

The IFZA offers a range of business activities and license choices designed to satisfy the needs of both small and big international operations.

General Trading License in IFZA

General Trading License In IFZA

In IFZA, the General Trading License enables companies to trade an array of products across different industries, both locally and globally. It provides flexibility by encompassing multiple activities within a single license. There is an exception of restricted items such as arms and alcohol. Additionally, IFZA offers a Commercial Trading License that permits up to three business activities under one General Trading License.

Professional License

This license is ideal for businesses engaged in providing professional consultancy and various types of services, such as technical, lifestyle, and other similar service categories.

Commercial License

This license grants authorisation for importing, exporting, distributing, and storing specified items.

Branch Office

Foreign companies incorporated outside the region may also establish a branch at IFZA.

Comprehensive Support and Benefits

With NovaZone’s comprehensive support, you can enjoy numerous benefits of IFZA company formation, including full ownership, profit repatriation and access to global markets. Our streamlined registration process ensures minimal disruption to your business operations, so you can focus on growth and expansion.

Easy License Renewal

Renewing your IFZA business license is a straightforward process supported by our experienced team. Whether you are renewing remotely or through an agent, we will ensure that the renewal requirements are met in a timely manner so that you can maintain your business operations without interruption.

PRO Services Required In The IFZA Free Zone

IFZA Business Setup Step-By-Step Process

Establishing a business in the Dubai International Free Zone Authority (IFZA) is straightforward and methodical. Take these actions to launch your business successfully:

Meet The Eligibility Requirements

To register a business in IFZA Dubai, one must first fulfill the qualifying standards set by the authority. These requirements include: :

Gather and turn in all necessary documentation in compliance with IFZA guidelines.

Verify that you have paid the registration costs required for the business type you have selected.

Observe the minimal capital requirements specified for the business structure you have selected.

Based on your business goals, think about the kind of organization you wish to collaborate with.

Depending on the sort of company and its operations, the registration process usually takes 3 to 5 days.

Types Of Companies

The Free Zone Company (FZCO) is the most preferred choice among small businesses and entrepreneurs in IFZA Dubai. The best option for larger companies wishing to grow into IFZA Dubai is a branch office.

How To Register A Company In Dubai's IFZA

Decide whatever specific business activity you want to conduct within IFZA.

After deciding on a distinctive company name, ask IFZA for its initial approval.

Send in the necessary paperwork as part of the registration process.

Obtain the required business license following the review of the papers.

If required, finish the VAT registration procedure.

Our IFZA free zone company formation specialists provide a quick and easy registration process so you may launch your business right away.

Simplify Your IFZA business setup Operations with NovaZone

To sum up, NovaZone’s IFZA business setting provides entrepreneurs looking to make a name for themselves in the UAE with chances that are unmatched. With our effective services and dedication to quality, we enable you to fulfill your vision and succeed in the UAE’s ever-changing business environment. Get in touch with us right now to start your IFZA business establishment process and open up countless opportunities for expansion and success.

FAQ

What types of business licenses are available in IFZA?

IFZA offers several types of licenses, including:

Consultancy License: For companies that offer knowledgeable and competent services

Service License: For service-oriented businesses

Trading License: For businesses that distribute, import, or export goods

General Trading License: For companies that deal in a greater range of products

Industrial License: For industrial and manufacturing operations

Holding a license: For corporations that own stock in other businesses

What are the benefits of setting up a company in IFZA?

Benefits consist of:

Completely foreign ownership
Complete capital and profit repatriation
No income or corporation tax
streamlined procedure for establishing a business
Shared workstations, office spaces, and warehouses are examples of flexible workplace solutions.
Access to a worldwide business network
A prime position in Dubai that provides quick access to global markets

What is the process for setting up a company in IFZA?

The following steps are involved in the process:

Select a Business Purpose: Choose the business activity type and related license.

Choose a Structure for Your Company: Select the proper legal entity (e.g., Branch, FZ-LLC).

Send in Documents: Present the necessary paperwork, including copies of your passport, proof of address, and, if relevant, your business plan.

Pay Fees: For the license, office space, and other services, pay the appropriate fees.

Obtain License: You will obtain your business license and be able to start operations as soon as the paperwork has been reviewed and approved.

What documents are required for company setup in IFZA?

The following steps are usually included in the process:

Select a Jurisdiction: Decide on the proper offshore jurisdiction (such as RAK ICC or JAFZA).

Choose a Name for Your Business: Select a distinctive name for your offshore business.

Get documents ready and submit them: Present the necessary paperwork, including copies of your passport, proof of address, and, if relevant, a business plan.

Designate Directors and Shareholders: Designate the directors and shareholders of the business.

Draft Memorandum and Articles of Association (MOA): Describe the organization and functions of the business.

Pay Fees: Make the required license and registration payments.

Obtain Certificate of Incorporation: Following approval, the business becomes formally registered and you will obtain the Certificate of Incorporation.

The typical documents required include:

Passport copies of shareholders and directors
Passport-size photographs
Proof of address (utility bill, bank statement)
Business plan (for certain business activities)
Memorandum and Articles of Association (MOA.

How long does it take to set up a company in IFZA?

Depending on business activity and timely submission of necessary documents, the IFZA company setup process is expedited and can be finished in 1-2 weeks.

What are the costs associated with setting up a company in IFZA?

The type of license, the number of visas needed, and the office space chosen all affect the cost. Competitive pricing and packages that accommodate various business demands and budgets are hallmarks of IFZA. Usually, the expenses consist of office space rental, license fees, and visa fees.

Can I obtain a visa through my IFZA company?

Yes, you can apply for UAE residency permits for employees, dependents, and shareholders through IFZA. The office package you select will determine how many visas you are eligible for.

ENTREPRENEURSHIP IN THE UAE THE NovaZone WAY

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