IFZA Business Setup: Starting a business is thrilling as well as daunting. However, If you have a clear vision, the official process of setting up a business won’t be as big of a hurdle. And this is why International Free Zone Authority is here to help. Overall, IFZA has plenty of benefits that simplify registering a business in the UAE, which will contribute to the success of your new business.
We are excited to share IFZA’s attributes with you along with how it’ll be your ideal marketing tool as a business owner or a startup.
The Perks of IFZA Business Setup
- Complete Ownership: Having 100% ownership of your company is a big plus. A shareholding structure with a local sponsor is not necessary.
- Taxes And Import Duties: There are no taxes for both imports and exports, along with no corporate tax meaning you’ll maximize your earnings.
- Extended Possibilities Of Activities: We understand that partaking in one area may not be ideal for expansion, which is why you can apply media, consulting, and even trade with just one license, all under IFZA expansion.
All these benefits not only quicken the process of setting everything up but also increase the chances of expansion while fostering a productive atmosphere.
Why is IFZA Business Setup A Preferred One Over Other?
- Strategically located: IFZA is conveniently located in Dubai, making international markets and transport facilities easily accessible.
- Fairytale-like infrastructure: IFZA is equipped with the latest and modern infrastructure ideal for businesses of any size enabling seamless operations.
- Great supportive environment: IFZA is well positioned, given the UAE government’s focus on entrepreneurship and business development, to provide the necessary support for business growth.
IFZA Company Formation Guide: Step By Step Process
We understand that the setup process can seem overwhelming. The good news is that registering your business with IFZA is quick and easy. Here’s how it works:
- Identify Your Business Activity: Start brainstorming what type of business you want. IFZA also allows it to submit multiple activities on one license.
- Choose Your Business Model: You can whitelist your business as a Free Zone Company, a branch, or any other business model you want to register as.
- Preparing Required Documents: You will need to prepare a few formals, such as your ID and proof of residence.
- Launch Your Application With Us: Our personnel makes sure that all the requirements are fulfilled before the application is submitted ensuring a smooth process.
- Receive Approval and License: With the final stage approval, you will receive a license to start working right away.
This specific approach guides the entrepreneur in a step-by-step manner toward successfully opening the business.
Understanding Your Business Needs and Costs Incurred
Business and Beyond knows that for many people, cost is a top consideration when starting a business. Setting up with IFZA, however, is cheap and even more so when compared to other countries for the following reasons:
- Low Setup Costs: IFZA Business Setup is one of the cheapest in the world compared to many third-world jurisdictions.
- Flexible Licensing Options: You have the option of selecting a suitable one from the range of licenses that you have and these can also be adjusted as the business grows.
All Set To Take The Plunge?
This is indeed an incredible opportunity to explore. At Business and Beyond, we are dedicated to helping you set up your business with IFZA. Become a part of one of the fastest-growing and rapidly evolving markets globally. So what are you waiting for? Get in touch with us through our website today to learn more!