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International Free Zone Authority


Why International Free Zone Fujairah?

  • International Free Zone in Fujairah (IFZA) is known to be one of the most cost-effective free zones in the UAE.
  • IFZA offers a range of consultancy, services and trading activities available.
  • IFZA company can be set up by remote correspondence.
  • IFZA free zone companies are limited liability comapnies.
  • The investors enjoy 100% repatriation of profits.
  • 100% foreign ownership is permitted.
  • The company can be formed in about 2 working days.

IFZA offers various visa and non-visa packages available for company formations.

Benefits of Company Formation In IFZA

  • 100% exemption from tax– There would be no implementations of corporate or income tax which will make the company enjoy all the profits on its own. Also, there is a full repatriation of capital and profits.
  • Currency restrictions– With company formation in IFZA, there wouldn’t be any restrictions for currency. This makes foreign investors take more interest in forming their businesses here.
  • Share capital requirements– There are no minimum share capital requirements for business set up in IFZA free zone. This relieves the stress from the entrepreneurs because they usually have fewer finances at the start of their business.
  • Foreign ownership- Companies can get benefit from 100% business ownership.
  • Cost-effective solutions– Business incorporation solutions here are really cost effective. Also, the business set up cost is really low as well.
  • Prime location – It is located near the seaport which makes the people in getting advantage from both land and the sea for business stuff transportation
  • No physical office required– Physical location is not mandatory to conduct business in IFZA.


Business Activities:-

License types available in International free zone authority, Fujairah:-

  • Consultancy License- providing expert and professional consultancy services for professionals.
  • Service License – allows production, re-production, transformation and distribution of services.
  • Trading License – enables the licensee to trade items specified on the trade license.
  • General Trading License – enables the licensee to trade wider range of items.
  • Industrial License – allows to import raw materials, production, re-production, manufacture, package and export.
  • Holding License – allows the holding standalone assets and/or shares in other companies.


 Service LicenseTrading LicenseHolding Company
AED 9,500
Zero Visa LicenseAED 11,500AED 13,500
1 Visa LicenseAED 15,700AED 17,500
2 Visa LicenseAED 17,900AED 20,500
3 Visa LicenseAED 19,700AED 23,500
4 Visa LicenseAED 21,300AED 25,500
5 Visa LicenseAED 22,900AED 27,500
6 Visa LicenseAED 24,700AED 29,500
Extra business activitiesAED 1,000
Office Rental AgreementIncluded in all license packages
License Pre-Approval per Shareholder(s)AED 300
Extra ShareholderAED 350

MULTI YEAR LICENSES:-

2 Year License – 12% Discount off Trade License
3 Year License – 20% Discount off Trade License

Visa servicePrice in AEDGeneral ServicesPrice in AED
Visa status change800License Cancellation2,200
Visa Cancellation500Duplicate Company Document400
E-Channel Refundable Deposit5,000IFZA Letters & NOC’s250
E-Channel Registration Fee2,200Refund – License Administration Fee80% of License application fees
E-Channel Renewal Fee (yearly from 2nd year)1,100License Amendment2,000

 


Type of set-up preferred:
Regular CompanyBranch of UAE-based CompanyBranch of Foreign Company

Estimated Number of Visas required:

Proposed Company Names:


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