We will assist you to Set up your new IFZA company formation

Dubai has specialised in providing the best dedicated free zones out of all the Emirates in UAE. Each one is geared to specific business activities, as well as several that cater for more general forms of business, such as IFZA (International Free Zone Authority.)

Whether you are an investor or a business that is looking to set up some new companies, the IFZA free zone in Dubai gives great options. It provides you with total security, total freedom to repatriate profits and earnings and zero taxation obligations.

Examples of the other free zones include targetted sectors of the economy, such as financial hubs, healthcare, hi-tech, academic services, maritime services, media services, commodity trading and eCommerce support services.

It is generally agreed that out of the whole UAE the best setup company is in the Dubai free zone for most business purposes.

There are more than 40 special free zones for you to choose from.

You should let our team of expert consultants here at GBO assist you in every step. We have the experience and knowledge that will smooth the path from start to finish, ensuring that you get the correct IFZA company formation at the most affordable cost.

Setup your Dubai company with GBO’s Dubai experts

How to form an IFZA free zone company in Dubai.

The process must start with the registration of a new company in Dubai. With our help, you can step smoothly through the necessary steps, which include:

• Deciding between the multiple options based on your planned business activity
• Making sure you have the right visa registrations
• Checking that the choice of the business name is valid and capable of registration (and if not, we can help you find the best match)
• With all these decisions finalised, we can prepare all the necessary papers – and there is a lot!
• We will notify you as soon as the company is registered, and also take you step-by-step through the visa application. Depending on the type of visa (for example, whether you need a trade licence (and if you need to apply for an immigration card)
• Finally, with all the necessary work done, we can help you apply for a bank account and can even appoint advisors who have good relationships with the banks to promote your business.

What will an IFZA Dubai free zone company formation cost?

Many elements determine the total cost of a new offshore company in Dubai, such as the specific free zone that you choose, based on your own requirements, as well as the need for residence visas for your shareholders, employees and family. You may need to apply for residence visas for any employees (which can include a nanny or other domestic staff you may personally bring) or family members.

If you opt for physical office space, you have the choice of a flexi-desk, a co-worker space or perhaps a full office. This is an important factor in calculating your total setup cost. Alternatively, there is the possibility of registering your company is a “virtual office”.

Besides office needs, based on your type of free zone, you may also have to pay for warehousing, a location in a business centre, retail shopfronts, or perhaps some combinations. These are all factors in the total offshore LLC company formation in Dubai price.

The cost of a free zone company in the UAE depends on whether you are providing services exclusively inside the UAE, exclusively outside the UAE, or in some combination.

What are the required steps for IFZA company formation in Dubai?

It would be best if you let the specialists here at GBO guide you throughout the process, so that you get it right the first time, because there are many steps required for offshore company formation in Dubai. The one of the most important decisions, that will have the biggest impact on your final proposal, and is mandatory, is based on your choice of activity and whether your preferred type of business activity is Free Zones or Mainland.

How many companies in Dubai free zone?

There are more than 7,500 companies operating in free zones in Dubai, according to data from Dubai Investment Development Agency (DIDA). These companies come from a range of industries and sectors, including finance, technology, media, and logistics.

Dubai has a total of over 40 free zones, each of which has a specific focus or industry. For example, the Dubai International Financial Centre (DIFC) is a free zone focused on the financial sector, while the Dubai Internet City (DIC) is a free zone focused on the technology and media sectors.

Free zones in Dubai have attracted a significant number of companies from around the world due to the benefits they offer, including 100% foreign ownership, tax exemptions, and a business-friendly environment. These factors, combined with Dubai’s strategic location and excellent infrastructure, make it an attractive destination for businesses looking to set up operations in the region

FAQ

How much does it cost to start a business in the UAE?

The company setup costs vary significantly depending on which free zone you are selecting. It can range from as little as 250 EUR to 250,000 EUR just as the company’s issued capital, and then variables depending on the type of business activity chosen and the necessary licences.

In Dubai, the IFZA free zone offers one of the cheapest business licences, and visas are also available.

What is the likely cost of an offshore company in Dubai?

There are many independent factors that will have an effect on the total cost. That is why letting experts like our team here at GBO handle the whole process on your behalf makes such good sense. Your options are very wide, starting right from the very beginning where you can choose between the forty Dubai specialist free zones, and at which point a mistake can spoil the whole journey.

What kind of services can a Dubai offshore free zone consultant like ours provide?

When you are forming your Dubai Freezone company, you can get help from our team here at GBO, who have experience and knowledge about all the steps. As well, we can help you with other functions, like opening your bank account, setting up accounting and compliance services, arranging health insurance, engaging IT and legal services, providing VAT & tax consultations.

We have contacts with service providers that can provide mail management and virtual receptionist services. If required, we can organise tourist and golden visas and second citizenship.