Free Zone Company (FZCO): FZCO is suitable for you if you want to establish a new business entity with flexible ownership and the least capital requirements.
Branch of Foreign Company: A Branch of a Foreign Company allows you to establish your company’s presence in the IFZA Free Zone without creating a separate legal entity.
Public Limited Company: PLC is suitable for significant enterprises with the least share capital and a minimum of two directors.
Consultancy License: This type of license is for those people who specialize in offering specialist and expert consultancy services.
Trading License: The trade license allows you to trade goods defined in your trade license.
Services License: You can apply for a service license if your company is involved in the transformation, production, reproduction, transformation, and distribution of services.
Industrial License: The industrial license lets you import and export raw materials, reproduction, production, manufacturing, and more in the IFZA Free Zone.
E-Commerce License: An E-commerce license allows you to conduct online business.
General Trading License: The General Trading License lets you trade a wide range of products.
Holding License: The holding license allows you to hold standalone products and shares in different companies.
Freelancer Permit: Freelancer Permit is essential for people offering freelance services.
Initially, you should carefully opt for the business activities you intend to perform in your business to set up your company in the IFZA Free Zone.
Next, you must obtain a business license for your chosen activity with the help of the IFZA team. Remember, IFZA gives various types of licenses. Therefore, you should carefully select the right license based on your business activity as this license permits you to start your company in the IFZA Free Zone.
After obtaining your trade license, you will have to choose an appropriate physical license for your business license. The physical space options in the IFZA Free Zone are countless. You can select from fully-furnished, co-working, custom-built office space.
With IFZA professional staff, you must complete the company registration process, which includes selecting your company name, appointing directors, and acquiring necessary documents.
Next, you should secure a visa for yourself and your staff. IFZA Free Zone offers a hassle-free visa application process to let you obtain the necessary residency visa for yourself and an employment visa for your employees.
After securing a visa, you should open a corporate bank account for your business. However, IFZA’s partner bank can help you open a corporate bank account to manage your company finances.
Once performing all the steps, you can legally commence your company in the IFZA Free Zone.
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Setting up a business in the UAE can be an overwhelming experience for the uninitiated but we can make this job truly easy for you. Talk to our expert consultants for free & decide the best course of action for yourself, today.
Flyingcolour® assists in all types of company registrations in the United Arab Emirates. We assist in Mainland, Free Zone, or Offshore company registrations in all Emirates of the UAE and also assist in opening bank accounts with all local leading banks. We closely work with all Government Departments and banks.