International Free Zone Authority, otherwise known as IFZA is located in Fujairah and it lies on the eastern side of UAE. This is the most remote location known in UAE.
Among the Fujairah free zone company formation, IFZA is a highly competitive free zone. The fees required at IFZA are very much cost effective and the procedures involved for company formation in IFZA is relatively transparent. This free zone offers a variety of choices in package ranging from zero visa companies to more visa options.
International Free Zone Authority Fujairah offers a variety of office solutions. This is the only free zone which a complete business center for its clients in Dubai.
Facilities available in IFZA are Flexi-desks, Offices and Warehouses. The rent of the office spaces in IFZA starts from 13,056 AED per annum. The facilities include WIFI, Electricity, AC and Access to printer, scanner and copy machine, etc.
100% exemption from tax
Currency restrictions
Share capital requirements
Foreign ownership
Cost-effective solutions
Prime location
No physical office required
Below are the steps involved in setting up of business in IFZA in detail.
Getting the initial approvals
Preparation of Memorandum of Association (MOA)
Getting certificates
Submission of Application
Finally, the Inspection Business set up in IFZA has simple procedures comparatively and mostly, they can be done online. Once, the documents are submitted, it would take just one day or two for the whole company registration approval.
Are you looking for company formation in IFZA? If yes, get in touch with the business consultants at Modern Typing. You are sure to experience a hassle free business set up in IFZA.