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Major Benefits of Company Formation in IFZA
There are a number of advantages for entrepreneurs who are moving their companies from another country to the UAE. Here are some of them:
1. Located in the heart of Dubai
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2. Tax exemption by the UAE government
3. Multiple Business Activities Opportunities
4. Unlimited Networking Possibilities
5. Continuous support from the authorities
6. 100% Foreign Ownership & Easy Setup of a Bank Account
7. Option to open an LLC company
Other important features of the IFZA free zone
Here is a list of some common but equally important features that you’ll enjoy with IFZA company formation:
Exemption from submitting an annual audit report, which can save investors both time and money.
No requirement for paid-up share capital, allowing investors to use their funds more flexibly.
The ability to apply for up to 3 years of visas for both owners and employees, gives businesses the time and resources to establish themselves in the market.

Types of licenses Available in IFZA
Service Licence: Suitable for businesses offering services such as consultancy, advertising, or IT.
Industrial License: Ideal for manufacturing or industrial companies that want to set up their operations in IFZA.
Trade License: Suitable for companies engaged in trading activities, such as import and export.
Commercial License: Designed for businesses that engage in commercial activities, such as retail or wholesale trading.
