IFZA has a variety of benefits that makes it the one of the best freezones to start your business in Dubai, from low-cost setup to free residency visa. Since its launch in 2018, it has become one of the leading investment hubs in the UAE. Entrepreneurs and Investors from all over the world choose IFZA for its lucrative packages and different license options.
Now check out just a few of the reasons why IFZA is the right free zone to start your business in Dubai.
- Set up Cost
Located in the silicon oasis area in Dubai, IFZA is one the cost-effective free zone in the UAE with 3-year and 5-year IFZA Dubai license packages. It offers attractive low-cost company setup packages starting from AED 11,900, making it one of the cheapest free zones in the UAE to establish a business.
- Great Location
Who doesn’t love having quick access with other emirates like Dubai and Sharjah from their business location? Strategically located in one of the developing hubs of Dubai, setting up your business in IFZA allows you to deal with local and international businesses in the emerging markets.
- Quick Incorporation Process
When compared with other free zones in Dubai and other Emirates in the UAE, IFZA has the quick registration of company and issuance of licenses in 2 days. In addition to these benefits, no physical presence is required to set up a company in IFZA. IFZA offers a more manageable approval scheme compared to other authorities, making it a favorable business hub for Investors and Business Sector.
- LLC Option
LLC is an ideal option for investors to form a company in the UAE. The LLC structure enables the business to operate as an independent entity, separating the company’s owners and shareholders. Very few freezones in the UAE offers the LLC company structure and IFZA is also one of them. With IFZA, you have the option to operate your company as a Limited Liability Company.
- Versatile Business Activities
Opening a business in IFZA allows investors to combine Professional, Commercial and Industrial Business activities covering more than 1000+ types of business activities. With multiple license options, foreign incorporated companies may also register a branch at IFZA Dubai.
Another benefit of setting up an IFZA company is, the license from IFZA also come from Zero visa up to six visa allocations providing greater flexibility and saving for the company owners.
How CorpLex can help you?
Contact our company formation experts at CorpLex and we can help you to establish your company on your behalf, make your license, visa applications, and take care of all the necessary administration, leaving you free to focus on other aspects which require your attention.
We also offer assistance with visa and immigration services and can handle all government formalities, permissions, work permits, and visas applications that are required to trade in the UAE.