International Free Zone Authority (IFZA)

 

IFZA Fujairah Free Zone is set to rapidly become a leading investment hub in the United Arab Emirates. The IFZA is located near to the Port of Fujairah and Fujairah International Airport. So, it’s a perfect location for the businesses and also offers a business opportunity for logistics and trading-related companies in a future-oriented and attractive environment.

 


What are the types of Licenses available in IFZA Fujairah Free zone?

  1. Consultancy License
  2. Service License
  3. Trading License
  4. General Trading License
  5. Industrial License
  6. Holding License

What are the facilities available in IFZA Fujairah Free zone?

Following are the facilities available in IFZA Fujairah Freezone

Offices – Select from a wide range of office solution which has European design, Modern and also open interiors with ample natural light, Flexible usage options, Flexible rental duration and 24/7 access.

Warehouses – It includes various size options, builds on the highest international logistics standards, Flexible rental duration and also 24/7 access.

Residential Apartments – It includes a wide range of classy, comfortable and modern residential options, high-level interior design, European style and also Use of hotel amenities.

Hotels – Its include world fame 5-star hotel brand with modern facilities, completely equipped Business Center, International restaurant and also catering services, gym, pool and spa.

Shops and Retail – It typically includes large storefronts, easy access, high-quality common areas and also 24/7 securities

What are the benefits of setting up a company in IFZA Fujairah Free zone?

Following are the benefits of setting up a business in IFZA

  • Fast and easy free zone company incorporation
  • Low set-up cost
  • Wide-range of business activities
  • 100% foreign ownership
  • Full repatriation of company profits and capital
  • 100% exemption from corporate and income taxes
  • Companies have limited liability.
  • No physical office requirements
  • No share capital requirement
  • Zero foreign currency restrictions
  • Ability to incorporate holding companies

IFZA Fujairah Free zone Company Cost and Trade License Packages

License Type License package Fee in AED
Consultancy and Service License Zero Visa – Professional 11,500
One Visa License 15,700
Two Visa License 17,900
Three Visa License 19,700
Four Visa License 21,300
Five Visa License 22,900
Six Visa License 24,700
Trading License Zero Visa – Commercial License 13,500
One Visa License 17,500
Two Visa License 20,500
Three Visa License 23,500
Four Visa License 25,500
Five Visa License 27,500
Six Visa License 29,500
Note: General Trading activity only available with Visa License packages
Holding Company License  9,500

IFZA Company Establishment Card and Visa fees

 

Establishment Card (3 years) 1,500
Resident Visa (3 years) 3,750
Medical test 450
Emirates ID 370

How to Setup a Business in IFZA?

Following are the steps for starting a business in IFZA.

Step 1: Get an initial approval for the trade name and also business activity from the Municipality of the Fujairah free zone.

Step 2: Get approval from the concerned Department. (in case the business activity is of special nature)

Step 3: Then type the MOA and have it notarized from the courts.

Step 4: Then obtain a Capital Contribution Certificate from the banks for cash shares; and the Auditor certificate for both cash shares and kind shares.

Step 5: Submit the application form and initial approval along with related documents such as notarized copy of MOA, capital contribution certificate and tenancy contract to the Municipality.

Step 6: Finally, the municipality will issue the license after inspection by the legal department.

MSZ Consultancy is an authorized reseller for IFZA Freezone, We can help you to incorporate your Business in IFZA Fujairah Free Zone and also, we can provide you complete assistance on Corporate PRO services for the Translation, Documentation, submission of your application, and obtaining the necessary approvals.

If you want to register a company in IFZA free zone and visa processing then contact us: +971589827842/+97142297508 or Email us: info@mszconsultancy.com

Find out how much it cost you to setup your Dream Business

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