Start Any Business UAE

IFZA Company Setup

The International Free Zone Authority is becoming a major investment hub in the United Arab Emirates. IFZA co-branded with the Silicon Oasis Authority in Dubai provides a highly customized formation of a company package for entrepreneurs. With low-cost company establish packages, world-class amenities, and international services norms, IFZA Dubai is a favorite choice of investors for setting up a free zone company. If you are thinking IFZA company setup and wish to learn more, then Start Any Business UAE professionals are here to tackle all the matters in the entire procedure.

IFZA has to provide a number of benefits such as less tariff rates, minimum overhead charge, and short time of startup. In fact, a business license can be issued within four to five days if you submitted all the documents according to the laws offered by the authority.

Process For IFZA Company Setup

With so many advantages coming your way, IFZA Company setup is a straightforward procedure. Most of the procedure is completely online and all the documents are submitted, the official can take ten to twelve days for your company registration approval. The steps are as follows:

  • You require to get initial approval for the company and activity of the business from the Municipality. You have to consider that the name of your company should not be the same as the name of an existing company.
  • You have to obtain approval from the respective department or ministry if the activity is unique.
  • A Memorandum of Association must be drafted and notarized by the courts.
  • A capital contribution certificate should be getting from the banks for cash shares and a certificate from the auditor for kind shares and cash shares.
  • Once the investigation is done by the lawful department, the name of the corporation would be sent to the commercial register and its MOA will be issued in Economy Ministry. Then the Municipality will issue the license.

Documents Required For IFZA Company Setup

 The documents required for IFZA company setup are given below:

  • Color copy of shareholders’ passport
  • Copies of the visa of the shareholders 
  • Business plan
  • Board resolution
  • Memorandum of Association
  • Article of Association
  • A copy of the certificate of company incorporation
  • A copy of the share certificate

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Benefits Of IFZA Company Setup

The major advantages for IFZA company setup are mentioned below:

  • Fast registration and license issuance
  • Ability to incorporate holding companies
  • It is not necessary to have a physical office space
  • You can get a wider range of activities of the business
  • Very competitive prices
  • The physical presence of the shareholders is not required to incorporate a company
  • 100% foreign ownership
  • 100% exemption from personal and corporate income
  • Zero foreign currency restrictions
  • 100% repatriation of company profits and capital
  • Availability of different visa and non-visa packages
  • Carry your business with many multinational companies located in Dubai
  • IFZA provide a broad range of office solutions comprising individual desks, private offices, and customized office suites

How We Can Help You

Start Any Business UAE is a leading consultancy that helps entrepreneurs and investors to setting up their company in Dubai, UAE. We have a team of qualified and experienced professionals who have a piece of complete knowledge with the mandate process and documentation and therefore they can help you protect and submit all the paperwork in a timely manner. 

If you looking for an IFZA company setup then we at Start Any Business UAE here for you to help you during the process. We will handle the entire procedure on the client’s behalf, giving you the possibility to concentrate on forming your company, we will complete your procedure in less time. To move ahead successfully, do contact us.

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