IFZA International Free Zone Authority
Company Formation in IFZA Dubai is recommended by the experts of IBG Consulting. As a certified partner of the IFZA, IBG Consulting has extensive experience in assisting clients of authority.
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Types of Licenses
In accordance with the regulatory requirements, every company established in the UAE must renew their Trade License in order to legally continue engaging business activity and operation. The Department of Economic Development (DED) and freezone authority is the authority that issues, regulates and renews mainland and freezone trade licenses respectively. With the help of IBG, you can be ensured that the renewal process is completely done in the right order. IBG offers the best advice and services you need for liquidating your company in Mainland, Freezone and offshore across all the emirates.
During cancellation, the company will be liquidated, and all of its assets and properties will be properly divided among shareholders of the company. In all scenarios of liquidation, IBG offers the best advice and services you need for liquidating your company in Mainland, Free zone, and Offshore across all the Emirates.
Basic
STARTING FROM
AED 11,900.00
Save up to AED 1,785.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 17,900.00
Save up to AED 2,685.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 25,400.00
Save up to AED 3,810.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 23,900.00
Save up to AED 3,585.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 27,400.00
Save up to AED 4,110.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 25,900.00
Save up to AED 3,885.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 29,400.00
Save up to AED 4,410.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 31,400.00
Save up to AED 4,710.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 29,900.00
Save up to AED 4,485.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 33,400.00
Save up to AED 5,010.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 31,900.00
Save up to AED 4,785.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 35,400.00
Save up to AED 5,310.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 33,900.00
Save up to AED 5,085.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 37,400.00
Save up to AED 5,610.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 35,900.00
Save up to AED 5,385.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 39,400.00
Save up to AED 5,910.00
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 37,900.00
Save up to AED 5,685.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 41,400.00
Save up to AED 6,210.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 39,900.00
Save up to AED 5,985.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 43,400.00
Save up to AED 6,510.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Process and Timeline
- 1Should be 18 years old and above
- 2Should not have any criminal records
- 3The business should be legally permissible
- 4Should be an individual, corporate or mixed of both
Company Registration
For Individual Shareholder/s
1. Scanned passport copy
2. Emirates ID copy (back & front), if applicable
3. Scanned visa copy/UAE Entry Stamp/Tourist or Visit Visa Copy
4. Number of Shareholders with sharing (%) of Manager of the company
If Manager is not a Shareholder:
1. Full Name as per the passport
2. Valid Phone Number
3. UAE Home Address
4. Scanned passport copy
5. Passport size with white background
6. Scanned copy of the visa page
7. Emirates ID copy (back & front)
For Corporate Shareholder/s
1. Board resolution
2. Trade License, MOA, Incumbency, Share Certificate of the shareholding company
3. Passport copy/ies of the UBO/s
4. Passport copy/ies of the Manager/s
5. Visa of the Manager/s if UAE resident
6. UAE Home address of the Authorized Signatory
7. Passport size photo of the Authorized signatory
8. Number of Shareholders with sharing (%) of Manager of the company
Residence Visa Application
Company Documents
1. Trade License copy
2. Establishment Card copy
Applicant
1. Scanned passport copy, should be current and valid for at least 6 months – coloured, uncut with full border
2. Passport size photo with white background
3. Tourist or visit visa/Residence Cancellation report copy (if applicable)
4. Emirates ID copy (if applicable)
5. Duly filled visa application form
License Package Fees
Standard License – Zero Visa Package
Starts from
AED 11,900
Standard License – With Visa Package
Starts from
AED 17,900
Immigration Fees
Establishment Card – New
AED 2,000
Establishment Card – Renewal
AED 2,200
Visa Application Fees
Residence Visa – 3 years
AED 3,750
Additional AED 1,000 on the visa fee if applying for an Investor/Partner Visa and an AED 48,000 share capital is required.
Change Status
AED 1,600
Applicable if within the UAE application only.
Medical Test
Normal (48 hours) – AED 450
VIP (within 24 hrs) – AED 750
Emirates ID – 3 years
AED 375
Company Registration
Trade Name Approval
1 business day
Shareholder’s Security Approval
5-7 business days
Trade License Issuance
3-4 business days
Establishment Card Application
1 business day
Establishment Card Issuance
5-7 business daysResidence Visa Application
Electronic Visa Application
5-7 business daysClient Arrival (if outside the UAE) | Change Status (if within the UAE)
Depends on the client | 2-3 business daysMedical Test
1 business dayMedical Test Result Release
Normal - 2 business days | VIP - within the dayEmirates ID Typing
1 business day
Obtaining Health Insurance
Depends on the client | Mandatory if applying in Dubai & Abu Dhabi
Visa Approval
5-7 business days
Emirates ID Biometrics & Photo Capturing
Approx. 15-20 business days from the date of Emirates ID typing
Emirates ID Issuance
5 business daysProcess and Timeline
- 1Should have a valid IFZA license
- 2Should have a valid residence visa
Trade License Renewal
1. Renewal & Amendment Application Form
2. Trade License copy
Residence Visa Renewal
1. Original Passport
2. Passport size photo with white background
3. Scanned copy of Emirates ID (back and front)
4. Visa Renewal Form
5. Emirates ID Renewal Form
License Renewal Fees
Standard License – Zero Visa Package
Starts from
AED 11,900
Depending on the current package and amendments made during the 1st year.
Standard License – With Visa Package
Starts from
AED 17,900
Depending on the current package and amendments made during the 1st year.
Visa Renewal Fees
Residence Visa – 3 years
Starts from
AED 3,750
Additional AED 1,000 on the visa fee if applying for an Investor/Partner Visa and an AED 48,000 share capital is required.
Medical Test
Normal (48 hours) – AED 450
VIP (within 24 hrs) – AED 750
Emirates ID – 3 years
AED 375
Trade License Renewal
Preparation & Submission of Documents and Payment
Depends on the clientTrade License Issuance
1-3 business daysEstablishment Card Renewal
5-7 business daysResidence Visa Application
Preparation & Submission of Documents and Payment
Depends on the clientMedical Test
1 business dayMedical Test Result Release
Normal - 2 business days | VIP - within the dayVisa Approval
5-7 business daysEmirates ID Typing
5-7 business daysProcess and Timeline
- 1Should have a IFZA license
- 2Should have a valid residence visa
Trade License Cancellation
1. Original company documents:
(ii) Certificate of Incorporation
(iii) Articles of Association
(iv) Memorandum of Association
(v) Board Resolution*
2. Liquidation report
3. License Cancellation Form
*The cancellation of the license must be mentioned in the Board Resolution with the shareholder’s signature.
Residence Visa Cancellation
1. Visa Cancellation form
2. Original passport
3. Original Emirates ID
4. Trade License copy
5. Establishment Card
Trade License Cancellation Fees
License Cancellation
AED 2,000
Establishment Card Cancellation
AED 500
Visa Cancellation Fees
Residence Visa Cancellation – Within the UAE
AED 500
Residence Visa Cancellation – Outside the UAE
AED 1300
Trade License Cancellation
Establishment Card Cancellation (if applicable)
5-7 business days*Client’s exit stamp or new visa copy is required to start the process
Residence Visa Cancellation (if applicable)
5-7 business daysSubmission of Documents and Payment
1 business dayPublication of the Termination
14 business daysLicense Cancellation Report Issuance
15- 45 business daysResidence Visa Cancellation
Preparation of Documents and Payment
Depends on the clientVisa Cancellation
3-6 business daysCancellation Report Issuance
1 business dayFrequently Asked Questions
Do I need to be in the UAE to set up a company in IFZA?
You do not necessarily need to be in the UAE to set up your company. You will be required to have visited the UAE at least once for the IFZA company formation packages with a residence visa. If you wish to only obtain a trade license for your company, you can still form the company even if you have not visited the UAE at all.
Do I need a local sponsor to set up a company in IFZA?
No, you do not need a local sponsor to set up a company in IFZA. One of the many benefits of setting up a company in International Free Zone Fujairah is having 100% ownership of the company.
When can I set up my bank account?
Once your IFZA company has been established, IBG will assist you in opening a corporate bank account with any of the banks in the UAE.
What are the activities that I can set up in IFZA?
The activities offered in IFZA are divided into
2 categories, professional and commercial. There are a number of sub-activities that are available within these 2 main groups.
Do I need an actual office space to set up my company in IFZA?
There is no minimum office space requirement in IFZA. They provide a lease agreement along with the license. But if you choose to have 4-6 visa eligibility with your license, a physical office is mandatory.
Can I combine activities in one license?
Yes, professional and commercial activities can be combined in a license with an additional charge of AED 2,000.
How many activities can I have in a license?
3 activities are already included in the license. You can add up to 7 activities with an additional charge of AED 1,000 per activity.
Is pre-approval mandatory?
Pre-approval or security approval is mandatory for some nationalities only. But it is also subject to request. If approved, the amount paid will be deducted from the total license package.
What are the high-risk nationalities that require pre-approval?
Iran, Iraq, Qatar, Syria, Bangladeshi, Palestine, Lebanon, Yemen, Turkey, Libya, and Egypt are the high-risk nationalities. This may change from time to time as per UAE Federal Immigration policies. If currently in the UAE on a valid resident visa, there is a high chance that may be approved.
Is an investor visa available in IFZA?
Yes, an investor and/or partner visa is subject to request. An additional AED 1,000 will be charged on the visa fees and an AED 48,000 share capital must be deposited into the bank account.
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