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International Freezone Authority Fujairah (IFZA)

Home International Freezone Authority Fujairah (IFZA)

International Freezone Authority – IFZA is a new business hub for the business owners to setup business in UAE. Located in Fujairah, the east coast emirates of United Arab Emirates having quick access with other emirates like Dubai and Sharjah makes IFZA, a global attraction for the new business setup.

 

IFZA has now become Business owner’s choice because of the affordable cost and being one of the cheapest freezone to setup the business. International Freezone Authority provides the business with world class amenities with virtual office license facilities. Providing all the required benefits make IFZA an ideal freezone to all the investors who are planning to setup company in UAE, at cost effective fees structure.

 

This Freezone facilitates quick registration of company and issuance of licenses in 2 days. It is relevant to note that the cheapest general trading company license in UAE is issued from International Freezone Authority. Other Licenses like Consultancy license, service license, commercial trading license, Industrial license and Holding License are also issued from IFZA (International Free Zone Authority Fujairah).

 

Being a new Freezone, IFZA has designed its business setup packages to meet the demands of businessmen world wide. Investors can register company and obtain license without travelling to UAE. There is no requirement of Capital to be shown in the bank for incorporation of company.

Types of Licenses in IFZA Free Zone

    • Consultancy License: This license is issued to the companies providing expert and professional consultancy services for professionals.
    • Service License: This license allows production, re-production, transformation and distribution of services.
    • Trading License: This license allows the licensee to trade items specified on the trade license.
    • General Trading License: This license allows the licensee to trade wider range of items.
    • Industrial License: This license allows to import raw materials, production, re-production, manufacture, package and export.
    • Holding License: This license allows the holding standalone assets and/or shares in other companies.

Advantages of Company Formation in IFZA Free Zone

Among others, DSO offers the following benefits and incentives for investors to establish operations here including:

    • Cheapest, quickest and easiest company formation
    • Company setup in just one day
    • 100% exemption from corporate and income taxes
    • Physical presence of shareholder is not required
    • 100% exemption from corporate and income tax
    • 100% foreign ownership
    • Wide range of business activities available
    • No Physical office is required
    • No Share capital is required
    • No annual audit report is required
    • Ability to incorporate holding companies
    • 3 year UAE Residency visa for Owner & Employees
    • Easy bank account opening
    • No documents except the passport copy is required
    • Company with suffix “LLC” – Limited Liability Company
    • No guarantee deposit is needed for employee visa
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