Benefits of Establishing Your Business in IFZA

IFZA is an excellent choice for businesses looking to establish their presence in the UAE market. With low costs, straightforward procedures, and minimal requirements, IFZA makes it easy for investors to start and grow their businesses.

Other Advantages of Dubai Free Zone Company Formation with IFZA

• Cost-Effective Options: Among the most affordable setups in the UAE.
• Wide Range of Activities: Includes commercial, services, and trading options.
• Remote Setup: Shareholders do not need to be physically present in the UAE for company formation.
• Limited Liability: IFZA free zone companies have limited liability protection.
• 100% Repatriation: Full capital and profit repatriation allowed.
• Foreign Ownership: 100% foreign ownership permitted.
• Tax Benefits: 0% corporate or personal income tax.
• No Capital Requirement: No minimum paid-up capital is required.
• Quick Setup: Fast company formation process.
• Visa Options: Offers both visa and non-visa packages.
• Global Connectivity: Two-thirds of the world’s population is accessible via flight routes.
• Domestic Market Access: Access to a UAE population of 9.8 million.
• Operational Flexibility: IFZA companies can conduct business with both free zone and mainland companies and also operate internationally.
• No NOC Required: No-objection certificate from an employer is not required for IFZA formation.
• Unified License: Professional, commercial, and industrial activities can be combined under a single IFZA trade license in Dubai.

With Rotanabiz as your partner, setting up a company in IFZA is both seamless and efficient, ensuring you take full advantage of Dubai’s business-friendly environment.

Quick License Issuance and Registration

IFZA ensures investor convenience by issuing licenses within four (4) working days, allowing quick company registration. Since its inception, IFZA has developed business setup packages tailored to the needs of international investors. Entrepreneurs can easily obtain a Dubai business license and register their companies remotely without needing to travel to the UAE.

Types of Companies Permitted by IFZA

• Limited Liability Company (LLC): This structure limits liability to the company itself, protecting shareholders’ personal assets. Shareholders are liable only to the extent of their investment, with all assets registered in the company’s name rather than in the name of individual shareholders.
• Branch: Existing companies can establish a branch at IFZA, provided the branch and parent company conduct the same activities. For legal and financial purposes, the branch shares a unified identity with the parent company, encompassing profits, expenses, and liabilities.

Both LLCs and branches established at IFZA are designated with the suffix ‘FZCO’.

Rotanabiz assists in navigating IFZA’s offerings, ensuring a streamlined company setup process that meets the requirements of modern entrepreneurs.

Steps for IFZA Company Setup:

1. Select a Package: Choose and place your order on the Rotanabiz website.
2. Submit Documents:
   • Clear, colored passport copies for each shareholder.
   • Latest UAE entry stamp or visa copy (if available).
   • Emirates ID copy (if applicable).
   • Passport-sized photos of each shareholder (white background, dark clothing, no jewelry, no eyewear, no visible teeth).
3. Application Processing: Rotanabiz will finalize and submit the application to IFZA. The business license will be issued in approximately 4-5 working days.

Obtaining a UAE Residence Visa Through an IFZA Company

1. Establishment Card Application: For licenses with visa entitlement, an establishment card is required, typically issued in 5-7 working days.
2. Visa Holder Presence: Due to COVID-19 regulations, the visa holder must be present in the UAE for the residence visa issuance.
3. Visa Application: Rotanabiz will prepare and submit the visa application. The UAE e-visa is generally issued within 4-5 working days.
4. Change of Visa Status: Upon e-visa issuance, the visa holder will undergo a status change to proceed with the medical test and Emirates ID biometrics. This process typically takes 1-2 working days.
   • Inside UAE Change of Status:
     • Once completed, the visa holder cannot exit the UAE until the residency visa is stamped in their passport.
     • The medical test and Emirates ID application must be completed within 30 days of entering the UAE or completing the status change.
5. Medical Test & Emirates ID Application: The visa holder will undergo a medical test (results can vary from 2 hours to 7 days depending on the package) and apply for the Emirates ID. Required documents include:
   • Original passport of the visa holder.
   • Copy of the IFZA e-visa.
   • Change status confirmation copy.
   • Three passport-sized photos (as specified).
   • Trade license and establishment card of the company.
6. Biometrics for Emirates ID: Once medical results are issued, the visa holder can proceed with Emirates ID biometrics.
7. Visa Stamping and Emirates ID: Send the following documents to IFZA for visa stamping and Emirates ID issuance:
   • Original passport of the visa holder.
   • Nine original passport-sized photos (as specified).
   • Copy of e-visa, change status confirmation, stamped medical result, and Emirates ID application.
   • Trade license and establishment card copy.

Visa stamping usually takes 5-7 working days, and the Emirates ID is issued approximately 10 days after visa stamping.

Rotanabiz Support

Rotanabiz provides comprehensive support throughout the IFZA company setup process and assists in obtaining residence visas for shareholders and employees.