COMPANY FORMATION IN IFZA DUBAI

Company Formation in IFZA is a quick & easy process. To avoid any roadblocks and to have a hassle-free Company Set Up, it is best to proceed with a Registered Agent like Optima Business Services. Our expert team will guide and assist you throughout and beyond the company formation.

We will help you choose the right Business Package at the most affordable price for you to set up your dream company in Dubai. Most of the foreign investers prefer ifza company setup for their startup business in Dubai.

Facilities such as Offices, Warehouses, Residential Apartments, hotel, retail outlet options are available in IFZA Freezone. Several license options (Consultancy License, Service License, Trading License, General Trading License, Industrial License and Holding License) available, able to effectively serve small local to large international businesses.

STEP BY STEP COMPANY SETUP PROCESS IN IFZA

By Following 3-4 below easy steps you will get IFZA company license.

1. Connect with Optima Business - Schedule a call with our expert legal and business consultant to get assistance on the various Free Zone company Formation Packages, License Cost and Visa Details.

2. Choose the right Business Activity and reserve the Trade Name for your business.

3. Select the right Business License Package (Flexi-Office, Shared Office, Exclusive Office) and Visa Quota for your business setup

4. Submit Required Documents for review and Make the payment

5. Get your Company License and apply for Residence Visa

6. Apply for a Corporate Bank Account and other clearances such as Customs Registration, etc.

IFZA FREEZONE COMPANY SETUP COST & TRADE LICENSE COST

IFZA offers low cost business setup packages in Dubai. Below table includes cost of company license based in the visa quota.

TRADING / CONSULTANCY / SERVICES 1 YEAR LICENSE COST

IFZA FREEZONE COMPANY ESTABLISHMENT CARD & VISA FEES

LICENSE TYPES AVAILABLE IN INTERNATIONAL FREE ZONE AUTHORITY

Following are the main business license types available in IFZA.

• • 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.

FEATURES OF IFZA FREEZONE COMPANY SETUP

Following are the advantages and features of business setup in IFZA.

• • Co-Branded with the Dubai Silicon Oasis Authority, Dubai
• • Cost effective Business Setup Packages starting from AED 12,900
• • Special discount in ifza license cost for 3 year license
• • Fast & easy freezone company incorporation
• • Customized Office Setup Solutions – Flexi Desk, Executive Office
• • Comprehensive range of business activities - Consultancy, Service and Trading options
• • Physical presence of shareholders is not required
• • No physical office requirements
• • Proof of share capital is not required
• • 100% exemption from corporate and income taxes
• • 100% foreign ownership
• • Zero foreign currency restrictions
• • Full repatriation of company profits and capital
• • Ability to incorporate holding companies

WHAT MAKES IFZA UNIQUE FREEZONE?

The following features makes IFZA a unique free zone.

• • No need to submit Annual Audit at Freezone
• • 2 years visa for owners and employees
• • No Employee guarantee deposit required
• • Passport Copy is the only document required
• • Physical presence of Company Owners is not required
• • No physical office is required
• • Exemption from Corporate and Income tax
• • 100% repatriation of profit.

PRO SERVICES IN IFZA

Our expert PRO agents will guide you throughout the company formation process, visa processing, immigration requirements and ensure you have a hassle-free company setup. We will efficiently handle all your administrative tasks and ensure you have a comfortable company formation in IFZA.

Optima Business offers exclusive PRO Services in IFZA at the most competitive prices. Contact us now for avail the limited time offer for PRO Services in IFZA.

PRO SERVICES PACKAGE IN IFZA DUBAI

Optima Business always focus on minimizing the time and promptly respond to all your business support requirements. Our quick and fast documents clearing and corporate PRO Services in IFZA covers the following:

• • Labor Establishment Card
• • Employment Work Permits
• • Amending, Canceling, Renewal of Trade License
• • Employee & Investor Residence Visa
• • Emirates ID, Medical Test, & Visa Stamping
• • Trade Name Approval and Amendments
• • Document Clearing, Notary, & Legal Attestation
• • Work permit & labor card typing
• • Drafting Memorandum and Articles of Association
• • Tenancy Contract and Ejari preparation
• • and many more...

COMPANY LIQUIDATION IN IFZA

Company Liquidation in IFZA is a straightforward process that the investor must follow during the event of closing down the company. To avoid any future complications for the shareholders and the company's reputation it is essential to close the company the right way. Companies registered in IFZA must be renewed every year and in case of any unexpected events or business loss, the company must be liquidated by following certain steps.

STEP BY STEP PROCESS OF COMPANY CLOSING IN IFZA

The Following are the steps to follow for closing the IFZA Company

1. The Investor must provide the board resolution stating the company liquidation process is approved by all shareholders
2. The company closing request must be submitted to the Free Zone at least 1 month before the trade license cancellation
3. The Board resolution, company documents are to be submitted to the Free Zone to initiate the company cancellation
4. All outstanding employee visas must be canceled and the fee payment dues with the Free zones and other third parties must be settled by the investor
5. All the payments with the suppliers and other partners must be settled before closing the company
6. The auditor liquidation certificate must be submitted to the IFZA for issuing the Trade License Cancellation Certificate. There is a fee to be paid for obtaining the Trade license cancellation form. Also, the refund request form has to be submitted to the Free Zone for any refunds (if any).
7. Obtain the Trade License Cancellation certificate and the refund from the Free Zone accordingly from the IFZA Free Zone

Hence, company liquidation in IFZA is a well-structured process helping investors an easy exit from their business ventures in the event of any unexpected incidents or business loss. To know more about the Company Liquidation in IFZA, connect with our expert Business Consultants right away!