IFZA
The International Free Zone Authority (IFZA) is a popular choice for new businesses in the UAE. IFZA offers the UAE’s most affordable general trading company license, as well as licences for consulting, service, commercial trade, industrial, and holding permits. The free zone authorities are helpful and maintain complete transparency in the process. The company registration process with IFZA is quick and permits are typically issued within 2-3 working days, making it an attractive option for entrepreneurs looking to establish their businesses quickly.
Advantages of a IFZA licence
1.
Conveniently located in Dubai, UAE
2.
FZCOs or branch offices can be registered to obtain business licenses
3.
Single IFZA License allows for professional, commercial, and industrial operations
4.
Competitive General Trading License available
5.
Remote registration is available; no need for business owners to be physically present during the incorporation
6.
No paid-up share capital required
7.
No requirement for a physical office
8.
No need for a yearly audit report
9.
Holding companies can be formed
10.
Owners and employees can apply for a two-year UAE residency visa
11.
Minimal paperwork is required; only a passport copy needed
11.
No guarantee deposit is needed for an employment visa
