IFZA Fujairah Free Zone Company Formation

Incorporate your Fujairah International Free Zone company in 3 simple steps

  • Choose the package that best suits you.
  • We will form your IFZA free zone company.
  • You will receive the trade license and start activity.
Dubai Consumer Rights
Credit Card Payments

3 Simple Steps

Start your IFZA Free Zone Company in 3 Simple Steps

Step 1
Step 1

Select package and place order

Step 2
Step 2

We will register your company

Step 3
Step 3

You will receive your license

Bank Accounts

We work closely with the following banks for opening bank accounts for our clients.

Emirates NBD Mashreq Bank RAK Bank Emirates Islamic Dubai Islamic Bank Noor Bank

Pricing

Commercial License Packages

Commercial License - No Visa
AED 15,999AED 11,999Save AED 4,000
  • 1 shareholder.
  • No visa.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 11,999 (govt. fee included)

Commercial License - 1 Visa
AED 21,999AED 16,999Save AED 5,000
  • Multiple shareholders.
  • 1 visa.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 16,999 (govt. fee included)

Commercial License - 3 Visas
AED 26,999AED 20,999Save AED 6,000
  • Multiple shareholders.
  • 3 visas.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 20,999 (govt. fee included)

Trading License Packages

General Trading License - No Visa
AED 17,999AED 13,999Save AED 4,000
  • 1 shareholder.
  • No visa.
  • Trade license.
  • Dedicated account manager.

*Yearly Fee from second year: AED 13,999 (govt. fee included)

General Trading License - 1 Visa
AED 24,999AED 19,999Save AED 5,000
  • 1 shareholder.
  • 1 visa.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 19,999 (govt. fee included)

General Trading License - 3 Visas
AED 29,999AED 23,999Save AED 6,000
  • Multiple shareholders.
  • 3 visas.
  • Trade license.
  • Office rental agreement.
  • P.O. Box.
  • Dedicated account manager.

*Yearly Fee from second year: AED 23,999 (govt. fee included)

**Terms and conditions for visa related packages:

  1. Two (2) business activities already included in every trade license.
  2. General trading activity is only available with a visa package.
  3. All visa license packages include an office rental agreement.
  4. eChannel registration for visa: For all visa packages, eChannel registration fee of AED 7,200 shall be payable (AED 5,000 is a refundable security deposit).
  5. Investor/employment visa cost: AED 4,700 per person. Residence visa shall be valid for three (3) years.
  6. The fee for medical fitness (being AED 300 for normal and AED 875 for express service) is payable directly.
  7. The fee for Emirates ID application (being AED 370) is payable directly.
  8. Establishment Card cost: AED 1,500 for three (3) years.
  9. Visa status change cost: AED 800 payable at the change of visa status change, if required.

Timelines

Here are the timelines for establishing a free zone company in IFZA Fujairah Free Zone, UAE.

1

Day 1 – Application submission

You will sign and submit your application.

2

Day 3 – Reservation of name

We will reserve the name of your company with IFZA Fujairah Free Zone.

3

Day 4 – Submit documents to IFZA

We will submit your application along with the required documents to IFZA.

4

Day 6 – Trade license is issued

Your trade license will be issued by IFZA. We will send you a scanned copy for you to start your business activity.

5

Day 7

Original company documents will be available for collection at our offices.

6

Day 21

The Immigration Card will be issued by Immigration. This will enable you to apply for your visa.

7

Day 21

You will need to submit your visa application forms along with the required documents to us.

8

Day 26

Your UAE entry visa will be issued and sent to you by email.

9

Day 27

You can proceed with the blood test and then stamping of the residence visa on your passport once the blood test report has been issued.

Detailed Information About The IFZA Freezone

The International Free Zone Authority (IFZA) is situated in the Emirate of Fujairah. With a range of benefits to offer, it is all set to become a leading, state-of-the-art investment hub that is sure to help the UAE economy thrive further.

The free zone is strategically located to offer easy access to the booming markets. The advantages of establishing a business in this free zone include streamlined procedures and open access to major shipping routes and ports.

The Benefits of Establishing Your Business In IFZA

IFZA can easily be considered the ideal location for businesses to establish their presence in the UAE market. IFZA offers the lowest prices, easy-to-follow procedures and minimum requirements to investors who wish to establish their business in the UAE.

Other benefits of a company formation with IFZA Free Zone include:

  • Most cost-effective business set-up options in the UAE
  • Wide range of commercial, services and trading activities available
  • Shareholders are not required to be physically present in the UAE for IFZA company formation
  • IFZA free zone companies have limited liability
  • 100% repatriation of capital and profits
  • 100% foreign ownership allowed
  • 0% corporate or personal income tax
  • Quick company formation process
  • Various visa and non-visa packages available

Types of Licenses Available for Businesses In IFZA

The different types of licenses issued by the International Free Zone Authority in Fujairah are:

  • Service license
  • Consultancy license
  • Industrial license
  • Trading license
  • Holding license
  • General trading license

Most importantly, the authorities facilitate investors by ensuring issuance of licenses in 2 days and quick registration of the company. Since its establishment, IFZA has offered business setup packages aimed at fulfilling the needs and demands of businessmen from across the world. The investors can easily obtain license and register their companies without having to travel to the United Arab Emirates.

Get Started With Your IFZA Free Zone Company Formation

InZone is dedicated to helping businesses establish their presence in the UAE through a quick and hassle-free process. Our experts are available at all times to help investors choose the right jurisdiction, set-up and operate their businesses swiftly. With dedicated account managers, we guarantee 100% confidentiality and offer a 30-day money back satisfaction guarantee to all our clients. So, if you are interested in a company formation in the IFZA free zone, then get in touch with us today!

IFZA Company Formation and Residence Visa Issuance Process

Why IFZA?

International Free Zone is established in the Emirate of Fujairah. It offers the most cost-effective packages for setting-up free zone companies in the UAE.

We have outlined below the process for setting-up a company with IFZA and obtaining a UAE residence visa.

Process for setting-up a free zone company with IFZA

IFZA offers an easy process for company formation.

The process starts with placing an order on our website by selecting your preferred package. We offer various packages from having a service/consultancy, trading and holding company licenses.

Here is a step-by-step process for setting-up an IFZA company:

Step 1: Place the order on the website.

Step 2: Submit the following documents for the application:

  • Clear and colored passport copy of each shareholder and manager (person in charge).
  • Latest UAE entry stamp or UAE visa of each shareholder (if available).
  • Passport size photo of each shareholder with white background (shoulders and head showing, colored, white background, dark clothing, no jewelry, eyewear, no teeth).

Step 3: We will prepare the application documents for the signatures of the shareholders and manager (person in charge).

Step 4: We will process the application and your license will be issued in 3-4 working days upon submission of the application and required documents to the Free Zone.

Process for obtaining a UAE residence visa through an IFZA company?

Step 1: If you have opted for the license with visa allocation, then we need to apply for the establishment card of the company and register the eChannel.

Step 2: We will prepare the visa application. The UAE e-visa will be issued in 4-5 working days upon submission of the application and required documents to the Free Zone.

Step 3: Once the e-visa is issued, the visa holder will have 60 calendar days to visit the UAE and change the status of the visa for the medical tests and issuance of the residence visa and Emirates ID. The e-visa can also be issued if the individual is inside the UAE. The rules of the change of status are listed below:

Change of Status (in/out stamp):

If the visa holder is currently outside of the UAE, he will need to carry a printed copy of the e-visa and use it to enter the UAE and get the copy stamped at the UAE immigration on arrival. This will constitute the change of status. If the individual is inside the UAE, we will apply and obtain the change of status through the Free Zone.

Notes:

  1. The e-visa is valid for 60 calendar days from the date of issue, which means that the visa holder has 60 calendar days to carry out the change of status.
  2. As the e-visa has been issued, the visa holder will not be allowed to enter the UAE on a tourist visa, visit visa or visa on arrival. The visa holder will have to present the e-visa to immigration at the time of arrival in order to enter the UAE.
  3. It is recommended to contact the airline prior to traveling as a number of airlines (in certain countries) will need to see the e-visa prior to travel in order to verify the same and then upload a copy of the e-visa on their system and provide the visa holder with an ‘OK to Board’. The same process is applicable if the visa holder is inside the country when the electronic visa is issued, and plan to exit the country with the e-visa in hand, and then re-enter the country by air.
  4. It is required that the visa holder ensures to carry out the eye scan at the airport on arrival, and ensures that the immigration official stamps the printed e-visa as well as the passport. The visa holder should not enter the UAE using the e-gate card.
  5. Once the change of status is completed, the visa holder will not be able to travel outside of the UAE until the passport has been stamped with the UAE residence visa.
  6. After entering the UAE or completing the in-country change of status, the visa holder has 30 calendar days to complete the medical test and Emirates ID application.

Step 4: The visa holder will have to take the medical test and apply for the Emirates ID. Medical results can be issued from up to 2 hours with the VVIP package to seven (7) days depending upon the package selected. The documents required for the medical test and Emirates ID are as follows:

  • Original passport.
  • Copy of the e-Visa.
  • Three (3) passport size photos with white background (shoulders and head showing, colored, white background, dark clothing, no jewelry, eyewear, no teeth).
  • Trade license of the company.
  • Establishment card of the company.

Step 5: Once the medical result has been issued, the colored printed medical result is required to be stamped by the medical centre where the medical test has been carried out.

Step 6: All the originals must be sent to the IFZA offices for the residence visa stamping and Emirates ID process. The original documents to be submitted are as follows:

  • Original passport.
  • Stamped e-visa issued by the airport immigration.
  • Stamped medical test result.
  • Stamped Emirates ID application.
  • Nine (9) passport size photos with white background (shoulders and head showing, colored, white background, dark clothing, no jewelry, eyewear, no teeth).
  • Trade license of the company.
  • Establishment card of the company.

The stamping of the visa takes 5-7 working days upon submission of originals to the Free Zone. The Emirates ID will then be issued after 10 days once the residence visa has been stamped.

InZone provides end-to-end assistance to its clients for the company formation with IFZA as well as the issuance of the residence visas to shareholders and employees.

Key Features

Here are some of the key features of free zone companies established in International Free Zone, Fujairah, UAE.

International Free Zone Fujairah International Free Zone Fujairah is the one of the most promising upcoming free zones in the UAE.
Type of Company Limited liability company in free zone with minimum of one (1) shareholder.
Requirements for accounting There are no accounting or reporting requirements for free zone companies established in International Free Zone Fujairah.
Taxes Companies established in International Free Zone Fujairah are exempt from all corporate taxes in the United Arab Emirates.
100% Ownership 100% shares can be owned by foreign nationals.
Time zone Convenient world time zone: GMT+4
Paid up capital requirement No requirements for paid up capital.
Minimum shareholders A person in charge is required to be appointed for each company.
International Free Zone Fujairah
International Free Zone Fujairah is the one of the most promising upcoming free zones in the UAE.
Type of Company
Limited liability company in free zone with minimum of one (1) shareholder.
Requirements for accounting
There are no accounting or reporting requirements for free zone companies established in International Free Zone Fujairah.
Taxes
Companies established in International Free Zone Fujairah are exempt from all corporate taxes in the United Arab Emirates.
100% Ownership
100% shares can be owned by foreign nationals.
Time zone
Convenient world time zone: GMT+4
Paid up capital requirement
No requirements for paid up capital.
Minimum shareholders
A person in charge is required to be appointed for each company.

Frequently Asked Questions

Here are some answers to some of the most common questions related to International Free Zone, Fujairah, UAE.

What is the cost of setting up a free zone company in International Free Zone Fujairah?
International Free Zone, Fujairah offers one of the most cost-effective company formation packages starting from AED 11,999 only. For full details of various available options, please refer to our pricing packages.
Do I need to be in the UAE to set-up a company in International Free Zone?
You do not need to be in the UAE to set-up your company with IFZA. You will be required to have visited the UAE at least once for the IFZA company formation packages with residence visa allocation. If you wish to only obtain a trade license for your company, you can still form the company even if you have not visited the UAE in the past.
When can I set up my bank account?
Once your company has been established, you can apply for opening a corporate bank account with any of the banks in the UAE.
Do I need a local sponsor to set up a company in International Free Zone?
No, you do not need a local sponsor to set up a company in International Free Zone.
How long would it take to set up a company in International Free Zone?
The timeframe in setting up a company in International Free Zone Fujairah is 3-4 working days after you have signed and submitted the application forms and the provided the required documents. Any further process for the visa issuance is outlined in our timelines section above.
What are the activities that I can set up in International Free Zone?
The companies can be set-up with the following main activity types:
  • Services
  • Consultancy
  • Industrial
  • Trading
  • Holding
  • General trading
Do I need to have an actual office space to set up my company in International Free Zone?
There is no requirement for an office space to set up a company with IFZA. IFZA will provide you with office rental agreement with all licenses.

Government Departments

We can help you with the processes in the following government departments.

Our Client Reviews

Our reviews are collected and verified by ShopperApproved.com - Verify our reviews.