International Freezone Authority (IFZA)
The International Freezone Authority (IFZA) is positioned in the emirate of Dubai, one of the best and topmost global strategic location for business in the GCC region. This freezone becomes a channel for easy access to key shipping routes and seaports.
With its latest innovations in the field of technology and expansion towards the economic development of the Emirate, it is the idyllic setting for the investors who wish to ascertain their presence and business in UAE.
Benefits of formation of IFZA
Starting a business setup in Dubai, UAE is at the simplest and easiest state wherein the UAE government has eased out many regulations to persuade foreign investments. Be it for a UAE National or an Expatriate, a new business setup in Dubai can be formed in matter of few days provided the documentation are thorough.
- 100% possession of your business entity is permitted
- Tax free benefits can be obtained
- No paid-up capital requirements
- No physical office space required
- No physical presence of Shareholders necessary for the formation of Company
- Wide range of activities like services, commercial and trading activities to choose from Various packages available
- Easier access to markets in UAE as well as Global markets
- Can do business inside freezone as well as in the mainland markets
- Rapid process in the company formation in Dubai Freezone
- Cost effective setup in the Emirate of Dubai
Process of Setting up a company in IFZA
The steps involved in Dubai freezone Company setup is almost like other freezones, except for certain legalities that need to be met of the concerning governing authorities.
- Choose a company name based on the activity you choose
- Choose the package of license you might require from the options available
- Choose the activities based on your business interests
- Hierarchy structure if applicable need to be formed
- Submit the related documents based on your package, activities, and legal structure of your business
- On consent of the governing authorities, Process the payment and license is released
How can we help â FirstStep
The different packages available in the formation of IFZA company setup, as a new investor, one might stand at a hurdle, perplexed to choose the best for oneâs business setup. FirstStep with its in-depth knowledge attained with years of experience can guide you the best package suitable for your business within your financial budget.
