WHY SET UP YOUR BUSINESS WITH IFZA?

Strategically placed at the crossroads of major markets, Dubai has emerged as among the top choices to do business not only in the Middle East, but also in the world, offering state of the art infrastructure and a world class business environment.

One of the important factors behind Dubai’s growth has been the introduction of Free Trade Zones or Free Zones in the UAE.

A Free Zone such as the International Free Zone Authority (IFZA) is a special business area that is not governed by the UAE’s Federal Commercial Companies Law that applies to business setup in Dubai mainland. Having our own regulatory jurisdiction allows us to enable easy setup of business as well as to offer unique benefits to our Licensees.

Set Up Your Business with IFZA
  1. What are some of the benefits of setting up your business at IFZA? You have full control of your company.  Dubai mainland company formation requires a local partner who holds at least 51% ownership of the business if the company requires a commercial or industrial license to operate. While UAE Federal Law No. 19 of 2018 on Foreign Direct Investment now allows 100% foreign ownership of mainland companies, the law only covers businesses formed within a list of 122 Positive Business Activities that meet the minimum share capital requirements that vary between 2 and 100 million AED.

On the other hand, businesses incorporated at IFZA can enjoy 100% foreign ownership of with no paid-up share capital requirement.

2. You can take 100% of your capital and profits home. Operating out of IFZA gives you the advantage of being able to repatriate 100% of your capital and profits, without any restrictions.

3. You do not pay income or corporate taxes. Companies in a Free Zone such as IFZA also enjoy the benefit of 100% exemption from personal income and corporate taxes. Outside of Free Zones, companies still enjoy 100% exemption on personal income taxes, but corporate taxes are levied on foreign banking and oil-related industries.

4. Your company formation process is faster and more efficient. IFZA has streamlined our company formation processes and requirements so you can set your business up sooner, rather than later. For example, we have eliminated the requirements for mandatory office space for basic license packages and the physical presence of business owners during the incorporation processes.

5. It is easy to apply for visas for your shareholders and employees. Businesses incorporated at IFZA have the advantage of being able to apply for a flexible number of Dubai residency visas for your shareholders and employees, with a validity of up to 3 years. Businesses registered in Dubai mainland have more restrictive conditions to comply with in order to obtain residence visas.

share this news

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on vk
Share on whatsapp
Share on email

related news from ifza

Take Your Business Further at IFZA Dubai

Dubai offers unparalleled opportunities for new and established international businesses alike to access the much-sought-after markets of the United Arab Emirates (UAE) and Middle East.

WHY DUBAI?

Explore Dubai's most sought-after benefits to individuals and businesses to set up shop in.

PROMO EXTENDED! THE IFZA RESIDENCE VISA FREE FOR LIFE STAYS THIS SEPTEMBER!

The amazing IFZA Residence Visa free for life offer stays this September with a world of great benefits!

IFZA DUBAI RENEWALS PROMOTION

Discover more reasons to chill this summer with IFZA's multi-year renewals promo.

IFZA DUBAI AND NIKON MEA CELEBRATE SEASON OF GIVING BY CROWNING WINNERS OF WOMAN, PHENOMENALLY CONTEST

IFZA Dubai, one of the most dynamic Free Zones in the UAE, and Nikon Middle East and Africa...

IFZA DUBAI – ADVANCING EXCELLENCE IN THE UAE FREE ZONE INDUSTRY A SPECIAL GULF NEWS FOCUS

IFZA Dubai shares what sets it apart by offering so much more than a Free Zone...

DUBAI 2040 MASTER PLAN: SETTING A GREATER VISION OF THE FUTURE

Over the last 60 years, the growth of the Emirate of Dubai has been outlined by a series of ambitious plans called the Dubai Urban Master Plan...

IFZA INSIGHTS WITH CORPORATE TRAINER MS. JESSICA CARUSO

Alongside our commitment to providing world class services to our Partners and Licensees, our team at IFZA are equally committed to...

PRESENTING WOMAN, PHENOMENALLY

The International Free Zone Authority (IFZA), one of the most dynamic Free Zones in the UAE, and Nikon Middle East and Africa, one of the world’s foremost optics...

STAY ON TOP OF YOUR BUSINESS GAME

The growth of Free Zones such as IFZA has made company formation in Dubai easier than it used to be, however incorporating your business is one thing...

WHY SET UP YOUR BUSINESS WITH IFZA?

Strategically placed at the crossroads of major markets, Dubai has emerged as among the top choices to do business not only in the Middle East, but also in the world...

IFZA DUBAI SIGNS SPONSORSHIP DEAL WITH AL HABTOOR POLO

High-profile event aimed to serve as catalyst to forge business partnerships The International Free Zone Authority (Ifza) has signed an agreement with the...

IFZA DUBAI INSIGHTS WITH CEO MR. JOCHEN KNECHT

What is the significance of IFZA’s move to Dubai? IFZA Dubai continues to be the only B2B-focused Free Zone in the UAE and our partners remain...

IFZA DUBAI INSIGHTS WITH RENEWALS MANAGER MR. DOUGIE DOUGLAS

At IFZA we have ensured that our existing license holders are well looked after during the exciting phase ahead for their company. IFZA clients will be able to take...

IFZA DUBAI INSIGHTS WITH REGISTRAR & HEAD OF LEGAL MR. GERARD HOBBY

As your single point of contact for all Free Zone business formation and administration services, we at IFZA Dubai are committed to providing a safe and business...

DUBAI SILICON OASIS AUTHORITY SIGNS AGREEMENT WITH IFZA

The agreement lays the groundwork for a strategic cooperation between IFZA and DSOA Dubai-UAE: 21 October 2020 – Dubai Silicon Oasis Authority (DSOA...