At our company formation agency in Dubai, we pride ourselves on being the best in the business.

With a team of highly skilled and experienced professionals, we offer a range of services to help you establish and grow your business in Dubai.

From start to finish, we will guide you through the process of setting up a company in Dubai, ensuring that everything is done smoothly and efficiently. We offer assistance with business licensing and registration, as well as help with finding the right location for your business.

 

In addition to company formation services, we also offer a range of additional support to help your business succeed. This includes market research and analysis, financial planning, and strategic business consulting.

 

We have a proven track record of helping businesses of all sizes and industries succeed in Dubai. Let us be your partner in establishing and growing your business in this thriving market.

 

Contact us for for setting up your new offshore Dubai company and bank accounts

WhatsApp us: +972504938469, email us: info@gbo-il.com

    The International Free Zone Authority (IFZA) is a free zone located in the Emirate of Dubai, United Arab Emirates (UAE).

    It is one of several free zones in Dubai that offer businesses a range of benefits, including:

    1. 100% foreign ownership of businesses
    2. 100% tax-free environment
    3. No currency restrictions
    4. No personal or corporate income tax
    5. No import or export duties

     

    IFZA is home to a wide range of businesses, including trading, manufacturing, and services companies. It is located in the Al Hamriya area of Dubai, close to the Dubai World Trade Centre and the Dubai International Financial Centre.

     

    To set up a business in IFZA, companies must first choose a license type and register their business with the free zone authority. There are several different license types available, including a commercial license, a professional license, and an industrial license. Companies must also choose a business activity and register for a trade name.

     

    Once the business is registered, companies can then proceed to lease office or warehouse space and apply for any necessary visas and work permits. Companies are required to have a local sponsor or agent in order to set up a business in IFZA.

    IFZA offers a range of support services to help new business setup consultants in Dubai, including assistance with setting up bank accounts, obtaining visas, and finding suitable office or warehouse space. It also provides a range of facilities and amenities for businesses, including meeting rooms, conference facilities, and business support services.

    We will help you to form your company  in UAE and Dubai – contact us for prices

      IFZA rules and regulations

       

      The International Free Zone Authority (IFZA) has its own set of rules and regulations that businesses must follow when operating within the free zone. These rules and regulations are designed to ensure that businesses operate in a transparent, fair, and ethical manner, and to protect the interests of businesses, investors, and employees.

       

      Some of the key rules and regulations that businesses operating in IFZA must follow include:

      1. Businesses must register with IFZA and obtain the appropriate license type for their business activity.
      2. Companies must have a local sponsor or agent in order to set up a business in IFZA.
      3. Businesses must maintain accurate and up-to-date records of their financial transactions and operations.
      4. Companies must comply with all relevant UAE laws and regulations, including labor laws, health and safety regulations, and environmental regulations.
      5. Businesses must respect the intellectual property rights of others and refrain from engaging in any activities that may infringe on these rights.
      6. Companies must maintain the confidentiality of any proprietary or sensitive information that they may come into contact with.
      7. Businesses must comply with all IFZA rules and regulations related to the use of facilities and amenities within the free zone.

       

      IFZA may impose penalties or fines on businesses that violate its rules and regulations, or it may revoke the business’s license and require it to cease operations within the free zone.

       

      IFZA business activities

      The International Free Zone Authority (IFZA) in Dubai offers a range of business activities for companies to choose from when setting up their operations within the free zone. These activities are divided into different categories, including:

      1. Trading: This category includes activities related to the import, export, and distribution of goods.
      2. Manufacturing: This category includes activities related to the production of goods, such as assembling, processing, or packaging.
      3. Services: This category includes activities related to the provision of services, such as consulting, engineering, or marketing.
      4. Industrial: This category includes activities related to the processing of raw materials into finished goods, such as mining, refining, or manufacturing.
      5. Professional: This category includes activities related to the provision of professional services, such as legal, accounting, or architectural services.
      6. Educational: This category includes activities related to the provision of educational services, such as training, tutoring, or language instruction.
      7. Medical: This category includes activities related to the provision of medical services, such as hospitals, clinics, or diagnostic centers.
      8. Media: This category includes activities related to the production and distribution of media content, such as television, radio, or film.
      9. Others: This category includes any business activities that do not fit into the above categories.

       

      When setting up a business in IFZA, companies must choose a business activity and register for a trade name. They must also obtain the appropriate license type for their chosen business activity.

       

      IFZA free zone license cost

      The cost of a license for a business operating in the International Free Zone Authority (IFZA) in Dubai varies depending on the type of license and the business activity. Some of the factors that may influence the cost of a license include the size of the company, the nature of its business activities, and the length of time for which the license will be valid.

       

      The cost of a license for a business operating in IFZA may include:

      1. License fee: This is the fee charged by IFZA for issuing the license. The amount of the license fee will depend on the type of license and the business activity.
      2. Security deposit: This is a deposit that is required by IFZA as a guarantee of the company’s financial stability. The amount of the security deposit will depend on the size of the company and the nature of its business activities.
      3. Rent: Companies operating in IFZA may be required to pay rent for office or warehouse space. The cost of rent will depend on the size and location of the space.
      4. Other fees: There may be other fees associated with operating a business in IFZA, such as fees for obtaining visas or work permits, or fees for using IFZA’s facilities and amenities.

       

      It is important for businesses to carefully consider the costs associated with operating in IFZA and to factor these costs into their budget and financial planning. Companies may wish to consult with a legal or financial advisor for assistance with understanding the costs involved in setting up a business in IFZA.

      FAQ

       

      Which is the cheapest freezone in UAE?
      It is difficult to determine which free zone in UAE is the “cheapest,” as the cost of setting up and operating a business in a free zone can vary depending on a range of factors, including the type of business, the size of the company, and the length of time for which the business will operate in the free zone.

      Which is the cheapest trade license in UAE?

      The cheapest cost of a trade license in the UAE can vary depending on a range of factors, including the type of business, the size of the company, and the location of the business.

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