United Arab Emirates

Company Formation in IFZA

International Free Zone Authority (Dubai)

Formation Time

2–4 business days

Min. Capital

No minimum required

Corporate Tax

0% qualifying / 9%

Foreign Ownership

100%

Overview

IFZA (International Free Zone Authority) is one of the most dynamic, cost-effective, and rapidly expanding free zones in Dubai. Co-located within the prestigious Dubai Silicon Oasis (DSO) technological community, IFZA offers streamlined digital company formation, zero physical office requirements (providing virtual office and flexi-desk options), and flexible licensing packages combining commercial, professional, and industrial activities on a single trade license. IFZA is widely acclaimed for rapid same-week turnaround, competitive package pricing including residence visa allocations, and minimal administrative bureaucracy, making it the top choice for international consultants, digital agencies, freelancers, and global e-commerce entrepreneurs.

2-4 day setup

Low-cost Dubai address

Multiple activities on 1 license

No paid-up capital

Wio Bank integration

Why Choose IFZA

Highly competitive package pricing for Dubai-registered commercial entities

Formation completed in 2 to 4 business days with 100% remote digital documentation

Combine professional, commercial, and service activities on a single trade license

Co-located within Dubai Silicon Oasis (DSO) with prime Dubai corporate address

No paid-up share capital requirement and no mandatory annual audit submission

Flexible residence visa packages with dedicated medical and Emirates ID VIP processing

0% Corporate Tax on Qualifying Income under UAE Federal Corporate Tax QFZP rules

Direct integration with digital business banking networks (Wio Bank, Mashreq NeoBiz)

Business Entity Types

Entity	Ownership	Directors	Capital	Tax	Best For
FZ-LLC	100%	1	None	0% on Qualifying Income; 9% on non-qualifying income	Digital marketing, management consulting, e-commerce, software, creative services
Branch of Foreign Company	100%	1 (Manager)	None	0% qualifying / 9% non-qualifying	Foreign corporate entities establishing low-cost Dubai representative offices

Step-by-Step Formation Process

Application & Activity Selection

1 day

Submit passport and select up to 3 business activities.

Security Clearance & Name Approval

1–2 days

Receive official trade name reservation and security clearance.

Digital Signature & License Issuance

1 day

Sign digital incorporation documents and receive the IFZA Trade License.

Establishment Card & E-Visa

3–5 days

Issue immigration establishment card and entry permit.

Emirates ID & Corporate Banking

1–2 weeks

Complete VIP medical/biometrics and open corporate account with Wio Bank or RAKBANK.

Costs & Fees

Government / License Fee	AED 11,900 – 24,000
Our Service Fee	USD 2,500+
Annual Renewal	AED 11,900 – 22,000

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 companies are widely accepted by UAE banks, with specialized digital onboarding via Wio Bank Business and traditional commercial accounts at Mashreq and RAKBANK.

Account Opening Time

3 days (Wio) to 3 weeks (commercial banks)

Multi-Currency

Yes — multiple currencies supported

Recommended Banks

Wio Bank (instant digital onboarding in 48 hrs)Mashreq NeoBizRAKBANKEmirates NBDADCB

Tax Overview

Corporate Tax

0% on Qualifying Income; 9% on non-qualifying income

Personal Income Tax

VAT / Sales Tax

5% standard VAT

Capital Gains Tax

Withholding Tax

Double Tax Treaties

137 countries

Subject to UAE Federal Corporate Tax Decree-Law No. 47 of 2022. IFZA entities must register with the FTA and secure a Corporate Tax TRN.

Frequently Asked Questions

Why is IFZA one of the most popular free zones in Dubai?

IFZA offers the ideal combination of a prestigious Dubai address (Dubai Silicon Oasis), highly competitive pricing, fast 2–4 day formation, no paid-up capital requirement, and flexible packages that bundle the license, virtual office, and residence visas into one predictable annual fee.

Can I combine different business activities on an IFZA license?

Yes. IFZA allows licensees to combine up to 3 or more commercial, professional, and consultancy activities under a single trade license without paying separate registration fees.

Do I need to visit Dubai to form an IFZA company?

No. The entire incorporation process can be completed 100% remotely from anywhere in the world. You only need to visit Dubai briefly for the mandatory medical fitness test and biometric scanning to issue your residency visa and Emirates ID.

How many visas can I get with an IFZA license?

IFZA provides packages ranging from zero visas up to 6 visas under standard flexi-desk configurations. Additional visas can be secured by upgrading office allocations.

Does IFZA require an annual audit?

IFZA does not mandate the submission of an annual audited financial statement to renew your commercial license. However, to maintain QFZP 0% corporate tax status with the FTA, audited accounts are legally required under federal tax regulations.

Which bank is best for an IFZA company?

Wio Bank Business is the preferred banking partner for IFZA entities, offering fully remote digital account opening, zero minimum balance options, and multi-currency USD/AED/EUR debit cards.