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  • 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.




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