IFZA Business Setup – All You Need To Know About It

IFZA is a business zone that offers a comprehensive set of business activities. Besides a full-fledged office complex, it offers modern warehouse facilities built to the highest international logistics standards. There are also residential and retail options available in the zone. For a nominal fee, investors can open their own office or open a branch in IFZA. These office facilities have WIFI, AC, printing, scanning, and meeting room facilities. If you are considering getting an IFZA license, here is important information.

They offer a diverse team of experts:

Businesses looking to establish a new business in UAE can benefit from IFZA’s competitive business license packages and fast incorporation processes. The company also offers a diverse team of experts that speak a wide variety of languages and are equipped with the latest information on rules and regulations. These experts will assist you in finding a business license package that best meets your needs.

IFZA license renewal fees:

IFZA license renewal fees are based on the original license fee. During the first year, there is no amendment fee. However, if you want to make changes, you must pay an amendment fee of 2,000 AED. After that, the renewal process is straightforward, and the renewal fee is the same as the first-year fee.

If you plan to start a business in UAE, IFZA offers affordable and flexible licensing options. Most business owners and entrepreneurs choose IFZA because of the ease of doing business in the free zone. IFZA also offers a virtual office solution for business owners and investors.

IFZA license options:

IFZA offers a range of license renewal options. The 3-year trade license is available at a discount of 20%, and the 5-year company license at a discount of 30%. These licenses are valid until 30 June 2022 and include free visa allocations and consultation services. Additionally, IFZA offers a range of business license renewal options, including those for exports and production.

Holding company licenses allow a company to import raw materials and process, manufacture, package, and export specified products. They also allow a company to own individual assets such as shares of other companies and real estate. In addition, holding companies can hold patents and trademarks.

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