United Arab Emirates

Company Formation in IFZA

International Free Zone Authority

Formation Time

2–3 business days

Min. Capital

No minimum

Corporate Tax

0% (qualifying)

Foreign Ownership

100%

Overview

IFZA is one of the fastest-growing and most affordable free zones in the UAE, located within Dubai Silicon Oasis. It has quickly become the go-to choice for startups, freelancers, and SMEs looking for flexible multi-activity licensing at competitive prices. IFZA allows over 1,500 business activities under a single licence and offers some of the lowest setup costs in Dubai — making it the ideal entry point for entrepreneurs testing the UAE market.

Most affordable Dubai FZ

2-day formation

No min capital

1,500+ activities

Why Choose IFZA

One of the most affordable free zones in Dubai

1,500+ business activities under one licence

Formation in as fast as 2 business days

No minimum share capital requirement

Flexi-desk options — no mandatory office lease

Up to 6 visas depending on package

Dedicated online portal for all services

Business Entity Types

Entity	Ownership	Directors	Capital	Tax	Best For
FZ-LLC	100%	1	None	0% qualifying income	Startups, freelancers, e-commerce, consulting

Step-by-Step Formation Process

Online Application

1 day

Complete IFZA's streamlined online application with basic details and documents.

Approval & Payment

1 day

Receive approval and pay licence and visa fees.

Licence Issuance

Same day

IFZA issues your trade licence and certificate of incorporation.

Visa Processing

2–3 weeks

Apply for residence visa through IFZA portal.

Costs & Fees

Government / License Fee	AED 5,750+
Our Service Fee	USD 2,500+
Annual Renewal	AED 5,750+
Visa (per person)	AED 3,500+

Fees are indicative and may vary based on business activity, entity type, and additional approvals required. Contact us for a precise custom quote.

Get Custom Quote

Banking

IFZA is newer so some banks are still cautious, but digital banks like Wio offer fast onboarding for IFZA companies.

Account Opening Time

1–4 weeks

Multi-Currency

Yes — multiple currencies supported

Recommended Banks

Wio BankMashreq NeoRAKBANK

Tax Overview

Corporate Tax

0% qualifying / 9%

Personal Income Tax

VAT / Sales Tax

Capital Gains Tax

Withholding Tax

Double Tax Treaties

137 countries

Visa & Residency

Freelancer/Investor Visa

2–3 years

Includes Emirates ID and UAE residency

Family visa: AvailableProcessing: 2–3 weeks

Frequently Asked Questions

Is IFZA good for startups on a budget?

Yes. IFZA is widely considered the most affordable free zone in Dubai. With packages starting from AED 5,750 and no requirement for a physical office or minimum share capital, it is ideal for lean startups, freelancers, and solo entrepreneurs entering the UAE market.

Can I get a visa with an IFZA company?

Yes. IFZA offers investor and employee visas depending on your package. Flexi-desk packages typically support 1–3 visas, while office packages support up to 6 visas.