top of page
  • Writer's pictureCreimerman Product Team

Setting Up a Company in IFZA (International Free Zone Authority), Dubai

Dubai's International Free Zone Authority (IFZA) offers entrepreneurs and businesses a strategic location and a favorable regulatory environment for establishing and operating a company. IFZA provides various benefits and streamlined processes to facilitate the establishment of businesses. Here's a guide on how to set up a company in IFZA:

1. Choose the Type of Company:

  • IFZA offers various types of company setups, including Free Zone Company (FZCO), Branch of a Foreign Company, and a Freelancer Permit.

  • Determine the most suitable type of company structure based on your business needs and objectives.

2. Select a Business Activity:

  • Identify the specific business activities you intend to undertake under your company.

  • Ensure that your chosen activities comply with IFZA's regulations and are permissible within the free zone.

3. Determine Shareholding Structure:

  • Decide on the shareholding structure of your company, considering factors such as ownership percentage and shareholder liability.

  • IFZA allows 100% foreign ownership, providing entrepreneurs with full control over their businesses.

4. Prepare Required Documents:

Gather the necessary documents for company registration, which typically include:

  • Passport copies of shareholders and directors

  • Proof of address for shareholders and directors

  • Business plan outlining company activities

  • Memorandum and Articles of Association

  • NOC (No Objection Certificate) from current sponsor (if applicable)

  • Ensure that all documents are correctly attested and comply with IFZA's requirements.

5. Reserve Company Name:

  • Choose a unique and suitable name for your company and submit it for approval to IFZA.

  • Ensure that the proposed company name complies with IFZA's naming guidelines and is available for registration.

6. Submit Application and Pay Fees:

  • Complete the company registration application form provided by IFZA.

  • Submit all required documents along with the application and pay the applicable registration and licensing fees.

7. Obtain Business License:

  • Once your company registration is approved, you will receive a Certificate of Incorporation and a Trade License from IFZA.

  • The Trade License allows you to legally conduct business activities within IFZA and the UAE.

8. Open Corporate Bank Account:

  • After obtaining the necessary licenses, proceed to open a corporate bank account in the name of your company.

  • Choose a reputable bank that meets your business needs and provides suitable banking services.

9. Fulfill Visa Requirements (if applicable):

  • Depending on your company setup and business activities, you may need to apply for visas for shareholders, directors, and employees.

  • IFZA facilitates visa processing and issuance for individuals associated with registered companies.

10. Commence Operations:

  • With all legal and administrative requirements fulfilled, you can now commence your business operations within IFZA.

  • Ensure compliance with IFZA regulations, including renewal of licenses and permits as required.

  • Setting up a company in IFZA offers entrepreneurs a gateway to tapping into Dubai's vibrant economy and accessing global markets. With its efficient processes, business-friendly environment, and strategic location, IFZA provides an ideal platform for business growth and expansion in the UAE and beyond.

If you want more information about Investment Abroad and its opportunities to develop business, contact us today! Below this article, you will find a link to set up a free ten-minute consultation with us to discuss your options further.

Also, if you want to access our other great content, subscribe to our YouTube channel! At Creimerman, our team of professional global citizens would be happy to help you with your personal or professional cross-border ventures and help make them a success.



bottom of page