Work-Life Balance in Dubai: IFZA Free Zone as a Business Hub
A business setup in Dubai can be a smart move for your company, especially if you want to expand your operations globally. However, it requires careful planning and choosing the right free zone.
At Virtue, we have experienced consultants who can help you make strategic choices. For a cost-effective business setup that caters to various business licences, we recommend the IFZA-free zone in Dubai.
The International Free Zone Authority (IFZA) stands out among company formation options in the UAE because it offers the most affordable general trading company licence. Plus, it caters to businesses requiring licences for commercial trade, consulting, and service. We have also assisted businesses looking to set up their company in Freezone with holding permits and industrial licences.
IFZA provides a streamlined business setup process backed by exceptional support. The free zone authority is committed to transparency and efficiency, ensuring rapid registration. In many cases, permits are issued within 2-3 business days. This expedited process makes IFZA an attractive option for entrepreneurs seeking a quick start.
The IFZA free zone in Dubai benefits businesses by providing a wide range of licences and a cost-effective way to set up an enterprise. Plus, it guarantees 100% foreign ownership and complete profit repatriation. This unique business ecosystem provides the opportunity to access and make the most of world-class facilities and infrastructure. This includes health insurance coverage, corporate training, and commercial real estate. Office design services and corporate banking assistance are also available.
Why IFZA?
In addition to the benefits we shared above, there are other ways your business can thrive in the IFZA free zone in Dubai.
Its convenient location in Dubai eases connections with other countries beyond the UAE. If you have a branch office or an FZCO, you can register it to get a business licence. However, one licence already permits you to do industrial, commercial, and professional operations.
If, for any reason, you cannot come to Dubai during incorporation, you can register and set up your business remotely in the IFZA free zone. Our team can assist you, so you don’t have to be physically present. There is no need for a physical office or to provide a yearly audit report, either.
Empowering workers
Setting up your business in Dubai can give you access to a vast talent pool to find qualified employees. Statistics reveal that 85% of the local population are expatriates from around 200 countries. This diverse workforce can be an asset for your business, allowing you to tap into more perspectives and skills.
In addition, Dubai has a highly skilled workforce, with 32.7% of workers possessing a bachelor’s degree or higher. Setting up in the IFZA free zone in Dubai gives you access to more qualified workers. If you hire foreign workers, they can apply for a two-year UAE residency visa to streamline your staffing process. Plus, you don’t need a guaranteed deposit for an employment visa.
Set up with ease
It’s quicker to set up a business in the IFZA free zone because of the minimal paperwork. Simply provide a copy of your passport — you do not have to worry about providing proof of share capital.
Getting started in IFZA
Are you considering setting up your business in the IFZA free zone in Dubai? It’s always prudent to have a registered agent for support. Look no further than Virtue! Our Dubai free zone, business registration experts, are always ready to assist you throughout the process. We will collaborate with you to navigate various business packages and help you pick the most cost-effective solution. Arrange a free consultation with Virtue by calling +971-501152351.