Company Formation In IFZA, Setup Fee & License Cost In IFZA

Company Formation In IFZA, Setup Fee & License Cost In IFZA

The International Free Zone Authority (IFZA) is a famous free zone in the UAE, offering a wide range of benefits for entrepreneurs looking to set up a company in the region. Getting a business license in IFZA is straightforward, with competitive setup fees and license costs.

Setup fee in IFZA:

The setup fee in IFZA depends on the type of business and the number of shareholders. For a single shareholder company, the setup fee starts from AED 11,000, while for a company with multiple shareholders, the setup fee starts from AED 15,000. The setup fee includes the cost of the trade license, registration, and other related expenses.

License cost in IFZA:

The license cost in IFZA depends on the type of business activity and the number of visas required. Here is a breakdown of the license costs in IFZA:

Commercial license:

A commercial license is required for businesses engaged in trading activities. The license cost for a commercial license in IFZA starts from AED 10,000.

Service license:

A service license is required for businesses that provide consulting or legal services. The license cost for a service license in IFZA starts from AED 10,000.

Industrial license:

An industrial license is required for businesses engaged in manufacturing or industrial activities. The license cost for industrial support in IFZA starts from AED 15,000.

Freelancer permit:

A freelancer permit is required for individuals who provide freelance services. The permit cost for a freelancer permit in IFZA starts from AED 7,500.

Visa costs in IFZA:

IFZA offers a range of visa options for entrepreneurs, employees, and dependents. The visa costs in IFZA depend on the type of visa and the duration. Here is a breakdown of the visa costs in IFZA:

Investor visa:

An investor visa is available for entrepreneurs with a minimum of AED 50,000 in their business. The visa cost for an investor visa in IFZA starts from AED 3,500.

Employee visa:

An employee visa is available for employees working for a company in IFZA. The visa cost for an employment visa in IFZA starts from AED 2,500.

Dependent visa:

A dependent visa is available for dependents of entrepreneurs and employees. The visa cost for conditional access in IFZA starts from AED 1,500.

General