- Company Formation
International Free Zone Authority
IFZA Dubai is a free zone managed by the International Free Zone Authority (IFZA). It is located just 20 minutes away from the Dubai International Airport or 20 minutes from Downtown Dubai, which is where Business Bay is. The aim of IFZA Dubai is to ensure that international investors find a place they can call home. It provides an innovation-focused ecosystem and is part of Dubai’s plans to become the capital city of the world. We can be of professional assistance when it comes to company formation in IFZA.
Dubai offers a host of advantages to the international investor. Two-thirds of the world’s population is accessible within 8 hours or less by flight from the Dubai International Airport, the world’s busiest airport. Dubai is home to 3.4 million residents. Because 88% of the UAE’s population consists of expatriates, you will be in very good company.
The UAE has been ranked 1st regionally in the World Bank’s Doing Business 2020 Report. The World Economic Forum’s Global Competitiveness Report 2019 too ranks the United Arab Emirates the 1st regionally, and Dubai is the 7th safest city in the world. INSEAD’s Global Innovation Index rates the UAE 1st in the Middle East region, and Dubai has been ranked 2nd regionally in the Smart City Index.
So the UAE is the best place in the region to set up a business, and IFZA Dubai provides the best location for your business.
Less than 1% of the Dubai’s GDP comes from oil. Major contributors to Dubai’s economy include trade, tourism, real estate, aviation, and financial services. Dubai’s GDP has been pegged at $107.1 billion, and it is officially one of the world’s fastest growing economies, with it increasing by 6.1% every year.
A major financial centre, Dubai has been included in the Top 50 Global Financial Cities by MasterCard, which also found that Dubai is where tourists spend the most. As a testament to its tourism prowess, it has the second-highest number of five-star hotels in the world and also the world’s tallest building, the Burj Khalifa. The Burj Al Arab is an iconic hotel in Dubai, often described as the world’s only seven-star hotel.
Dubai is well-served by its public transport system that consists of a metro and a tram, plus a planned network of buses, cabs, and ferries. It hosts several international sporting and lifestyle events every year, in addition to being a prime location for trade conferences.
Freezone Locations
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RAKEZ
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DMCC
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DIFC Free Zone
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Sharjah Media City
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Masdar City Free Zone
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SRTIP Free Zone
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Ajman Media City
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Sharjah Publishing City
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DWTC
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JAFZA
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IFZA DSO
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SAIF Zone
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Fujairah Creative City
- How it works
IFZA Activities
You can get a Professional License, a Commercial License, or an Industrial License upon request. A Professional License is for those providing consultancy services, while with a Commercial License, you can import or export items (or both). A Commercial License is also required for the sale, storage, or distribution of items.
At IFZA Dubai, you can also register a branch of your company if it has been hitherto incorporated outside the United Arab Emirates. The only condition is that the business activity undertaken by the branch must correspond with the business activity / activities of the parent company.
Office Space at IFZA Free Zone
You can choose your office space at International Free Zone Authority (IFZA), Dubai. Currently located at Dubai Digital Park, its buildings allow natural light to stream in and lend themselves to a nurturing and supportive work environment.
Packages start from a flexi-desk that you could use for up to ten hours every week to your personalized office space, replete with its own parking and dedicated address.
Latest News
IFZA has partnered with Dubai Silicon Oasis Authority, which oversees the Dubai Silicon Oasis technology free zone. Under the terms of the agreement, IFZA companies can function out of the Dubai Silicon Oasis, providing for greater collaboration with technology companies in the United Arab Emirates.
Benefits of Company Formation in IFZA
Accessible and Strategic Location in Dubai Providing World-Class Access to Global Markets
Convenient Access to all Free Zone Business Formation and Administrative Services
Business License Assured
Commercial, Professional, and Industrial Activities under single IFZA Business License
Competitive General Trading License Available
Transparent and Competitive Pricing
Setup IFZA Company with Fast and Efficient Company Incorporation Procedures
Physical Presence of Business Owner(s) Not Required During Company Incorporation
No Need of Paid-Up Share Capital
- How it works
IFZA LICENSES
IFZA Dubai gives you the unique flexibility to combine business activities from Professional, Commercial and Industrial Licenses under one License.
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Consultancy License
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Service License
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Holding License
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Trading License
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General Trading License
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Industrial License
We Work Closely With All Government Agencies
We’re always on the same page with government agencies, working together to get the job done!
Frequently Asked Questions About Emna Capital
Here are some common questions we receive about our financial solutions
The UAE allows you to set up your business in the free zone, offshore or Business setup in mainland requires a local sponsor and the license is issued by DED. Free zone companies can operate within a limited geographical region and the license is issued by particular free zone authority.
Offshore businesses in UAE allow your company to trade outside UAE as well as take efforts to safeguard your wealth and assets. Offshore companies get a certificate of incorporation and not a trade license. All types of companies can be started in UAE and more than a thousand activities are allowed by the Economic Department.
If you want to renew your Dubai commercial license, the applicant should submit the DED registered certificate with the necessary approval from the Ministry of Economy and National Media Company. If you want to renew your Dubai trade license, then you should submit a valid Ejari certificate and other lease contracts.
Emna Capital supports entrepreneurs in obtaining their business license in Dubai and timely renewal of the same.
UAE is a perfectly located biggest market of the world. It serves as a perfect destination to invest in different kinds of business. The business owners are free from taxes and they can expect exceptional logistics in all the emirates. You don’t have any capital restrictions while starting your business. Financial freedom is an attractive point that brings in employees from foreign districts.
UAE has mind-blowing business opportunities; business setup Consultant in UAE can guide you through the entire company formation process!
Being a trustworthy and professional business consultant, we ensure fast and reliable business setup in free zones. Usually, it takes around 3 to 10 days to setup your free zone company; it may differ according to the selected free zone. We make sure that all your documents are legal and concerned authorities have attested them.
If you’re not consulting a business consultant, it will take up to few weeks and it’s becomes difficult to clear all the legal procedures. So, consider Emna Capital for your free zone business setup!
To establish your LLC Company in Dubai mainland or anywhere else in UAE, you have to reserve a trade name and other necessary preliminary approvals from concerned authorities. You get an MOA from the company and also, submit the lease contract to the licensing authority. Also, find a local partner and rented office space to start your business.
This depends on your needs, as well as the needs of your business. You could set up your company as a Sole Establishment (this is the same as a Sole Proprietorship), as a Limited Liability Partnership, a Limited Liability Company, a Private Limited Company, or a Professional Services Company.
You also have the option of setting up your company on the mainland, in a free zone (only limited liability company structures are permitted here), or offshore.
A physical presence is mandatory for companies established on the mainland and in free zones. However, an offshore company is not permitted to lease office space in the UAE.
The good news is that there is affordable office space for everyone. If you want to keep your initial costs down, you could look at renting an office or any number of dedicated desks in a co-working space on the mainland. These are all fully furnished and ready to move in. In a free zone, you need to rent at least a desk in a shared office space. The added advantage is the some free zones allow you rent a flexi-desk, that is a desk you will be using for say, ten hours in a week. You still get your dedicated PO Box so that you have a unique address.
To identify the best business setup consultants in Dubai, look for the following parameters:
Expertise: Professionals and industry experts can customize your experience according to your requirements.
Local Knowledge: Consultants who have worked with the local rules and regulations and made businesses thrive are the best to go after for your needs.
Quick & Effective: Fast setup with effective and comprehensive solutions make the process hassle-free.
Emna Capital is a superbrand known for the three parameters.