Procedure for IFZA Business Setup
The Free Zone Authority has formulated an easy process to make this jurisdiction an investor-friendly one. In order to setup IFZA Company, entrepreneurs can apply without any troubles if he or she has the requisite documents ready. Kiltons professionals will help with business setup in IFZA and complete the formalities quickly for you to commence business activities at the earliest.
The steps involved in IFZA company formation are as follows:
Step 1 – Decide the business activity you want to commence in the free zone. We will help you choose the right business activity, license and the type of office based on your views. With our experience in the field, we understand the comprehensive aspect of business operations in IFZA, which would be shared with you for useful deliberations and decisions.
Step 2 – Finalize a trading name, based in the naming stipulations by the authority. The names that don’t meet criteria will be rejected.
Step 3 – Choose the type of business license you want, which will depend on your planned business activity.
Step 4 – Opt for the right business package depending on your needs.
Step 5 – Open a corporate bank account in the bank of your choice.
Step 6 – Submit the application along with the documents to the International Free Zone Authority (IFZA) for the formation of the company.
Step 7 – Complete customs registration, company incorporation and other necessary formalities and commence the business.
Benefits of IFZA Business Setup
International Free Zone Authority Dubai business setup offers unparalleled benefits to the investors. Intended for promoting trading activities in the area, thus enhancing growth, IFZA business setup is an ideal choice to riches.
The benefits of setting up an IFZA company include the following:
- It is not mandatory to submit the annual audit report to the authority
- Nil corporate and income taxes
- 100% repatriation of profit and capital
- Multi-currency transaction permitted
- Physical office not necessary
- Company owner or shareholder not required to be present while submitting the document or during the approval process
- Extensive range of business activities
- 03 years visa for employer and employees
Documents Required for Setting Up Business in IFZA
Company formation in IFZA is an unfussy process. The owner or shareholder need not be present in the country during the business setup process. Our experienced professionals can undertake complete IFZA company formation activities on behalf of you.
The documents requirement to setup IFZA Company:
- Copy of passports of owners and shareholders
- Proof of address
- Business plan
- Legal structure of the business firm planned to be set up in IFZA
- Passport size photographs
- Other relevant documents, if any, which will be intimated to you by our representative
Kiltons Business Setup services for IFZA Business Setup
Kiltons Business Setup Services has been turning dreams into reality since 1999. We have been the most chosen business setup services in the UAE for more than two decades. Our dedicated and trustworthy services have made us number one in the field in the entire country. We will aid you in setting up business not only in IFZA but also in other regions, as well as jurisdictions.
With our constant and relentless support, you can set up a business in IFZA and prosper to greatness in quick time. We will provide productive concepts and the best advice on the right business activity to be pursued depending on your tastes and choice.
Do you want to Setup IFZA Company?
Contact us now to get started with IFZA company formation and further proceedings.
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