Thinking about launching your business in the rapidly growing International Free Zone Authority (IFZA)?

At Raes Associates, we offer end-to-end assistance for business setup in IFZA, providing expert guidance, tailored packages, and seamless company formation services.

IFZA Free Zone

About IFZA Free Zone

IFZA (International Free Zone Authority), located in Fujairah, UAE, offers a dynamic and versatile platform for company formation, serving a wide array of business activities and industries. Renowned for its modern facilities and strategic positioning, IFZA Free Zone provides an attractive option for entrepreneurs and businesses aiming to establish or expand their presence in the UAE. Collaborating with experts like Raes Associates can greatly enhance the setup experience, offering personalized solutions and professional guidance tailored to the specific needs of businesses in IFZA Free Zone. 

Features of IFZA Free Business Setup in UAE

Company formation in IFZA Free Zone comes with several distinctive features: 

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Flexible Office Solutions
IFZA offers a range of office options, from virtual offices to fully serviced dedicated spaces, accommodating businesses of all sizes and types.
Ease of Doing Business
The free zone authority has simplified the setup and operational procedures, making it easier for companies to start and grow their operations.
Strategic location
The free zone authority has simplified the setup and operational procedures, making it easier for companies to start and grow their operations.
Innovative Business Community
IFZA Free Zone fosters a vibrant and collaborative community of businesses across various sectors, encouraging innovation and growth.

Procedure for Company Formation in IFZA Free Zone

The company formation process in IFZA Free Zone involves several key steps:

  • Consultation

    Engaging with a consultancy firm like Raes Associates offers valuable insights into the specific requirements and best practices for establishing a business in IFZA Free Zone.
  • Business Plan and Activity Selection

    Crafting a comprehensive business plan and selecting the relevant business activities that align with IFZA’s licensing categories.
  • Company Registration

    Submitting the application form along with the necessary documents to the IFZA Free Zone Authority for approval.
  • License Issuance

    Upon approval, the appropriate IFZA Free Zone license will be issued, marking the official commencement of your business operations.

Types of Licenses in IFZA Free Zone

Commercial License
For businesses engaged in trading activities, including import, export, distribution, and storage of products.
Service License
For companies providing professional, consulting, or other services.
Industrial license
For businesses involved in manufacturing, processing, or packaging activities.

Types of Licenses Offered by IFZA

IFZA offers various licenses depending on your business activity, enabling entrepreneurs to choose the most suitable option for their venture. Below are the key types of licenses available:

  1. Commercial License

    • Purpose: Ideal for businesses involved in the import/export, trading, and distribution of goods.
    • Business Activities: Import, export, and trade of goods such as electronics, machinery, textiles, etc.
    • Ideal For: Traders, import/export businesses, and general trading companies.
  2. Service License

    • Purpose: Suitable for businesses offering professional or consultancy services.
    • Business Activities: IT consultancy, management consulting, legal advisory, marketing, finance, accounting services, and more.
    • Ideal For: Consultants, freelancers, and service providers in various industries.
  3. Industrial License

    • Purpose: Intended for businesses involved in manufacturing, production, or assembling of goods.
    • Business Activities: Manufacturing, assembling, and processing products in industries like construction, food processing, textiles, etc.
    • Ideal For: Manufacturers, production units, and assembly businesses.
  4. E-commerce License

    • Purpose: Ideal for businesses that operate online, allowing them to trade products and services through digital platforms.
    • Business Activities: Online trading, digital marketing, online consultancy, e-commerce platforms.
    • Ideal For: Online businesses, e-commerce platforms, and digital marketing agencies.
  5. Freelancer License

    • Purpose: For independent contractors or freelancers offering services.
    • Business Activities: IT consultancy, content creation, marketing, design, writing, and other freelance services.
    • Ideal For: Solo entrepreneurs and independent professionals who want to operate under their own brand.
  6. Holding License

    • Purpose: Enables holding and managing assets like shares in other companies.
    • Business Activities: Holding shares, equity investments, and managing investments.
    • Ideal For: Investment firms and holding companies looking to manage equity in other businesses.

Our IFZA Business Setup Services

Our services include:

  • Guidance on selecting the right business license.
  • Office space leasing and setup.
  • Assistance with visa applications and employee onboarding.
  • Legal and documentation support.
  • Ongoing PRO services for smooth operations.

Business License Categories at IFZA

IFZA offers a wide range of business licenses to cater to diverse industries and activities:

Consultancy License
Ideal for professionals and firms providing expert advice or specialized services.
Service License
Designed for businesses offering services such as IT, marketing, and design.
Holding License
For managing and holding assets or shares of other companies.
Trading License
Allows the import, export, distribution, and retail of goods.
General Trading License
Covers trading of multiple product categories under one license.
Industrial License
Suitable for businesses engaged in manufacturing, production, and assembly.
SHAMS freezone

Specialized Zones at IFZA

  • SMEs and startups.
  • E-commerce and trading businesses.
  • Consultants and freelancers.
  • Industrial and manufacturing companies.