Cost:

from 6225 USD

Remote Company Formation in the International Free Zone Authority (UAE)

Are you looking for a good place to start your business? Consider the United Arab Emirates with its highly diversified economy, modern infrastructure, and a stable currency pegged to the US dollar. And our experts at Offshore Pro Group will help you with company formation in the UAE’s free zone known as IFZA (International Free Zone Authority).

Mind that company formation is possible without your personal visit to the UAE! You will only need a copy of your passport for IFZA company registration.

Company in the UAE in the free economic zone "IFZA"

The minimum cost of UAE company formation is USD 6,225 (including the cost of our services and a minimum license required to conduct business).

Company formation can be completed remotely even if the person has not previously been to the UAE (however, in this case, the shareholder will need to fly to the Emirates so that your company could receive a migration card and subsequently open UAE visas).

Peculiarities of Company Formation in IFZA Free Zone, UAE

IFZA, located in the heart of the Emirate of Fujairah, was created to become a leading investment center in the prosperous economy of the UAE.

IFZA free zone offers a highly customized approach combined with efficient international service standards and cost-effective solutions. IFZA’s goal is to help the client on his way to success in business.

Advantages of Opting for Fujairah Company Formation in IFZA Free Zone

  • Cost-effective business registration solutions
  • Fast and easy Fujairah company formation and management
  • A wide and comprehensive range of available business activities, including such areas as consulting, service, and trading
  • Foreigners are allowed to own 100% of the UAE company
  • Business owners are not required to be physically present during the company formation process
  • UAE companies have limited liability
  • 100% corporate and income tax exemption
  • No currency restrictions
  • A possibility of full repatriation of company profits and capital
  • Low Fujairah company formation costs
  • No requirement to have a physical office
  • No requirement for share capital
  • A possibility of holding company formation
  • No requirements for annual audit report
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Infrastructure Available to Entrepreneurs that Register a Company in the IFZA Free Zone of the UAE

Offices

You can choose from a wide range of modern office solutions specifically tailored to your needs. Shared, standard, and large offices are available for rent. Here are some characteristics of the working spaces in the UAE that you will appreciate:

  • European design
  • Modern open interiors with plenty of natural light
  • Flexible use of offices
  • Flexible rental duration
  • 24-hour access

Warehouses

Warehouses are built according to the highest international logistics standards. Customers will get:

  • Buildings of different sizes
  • Flexible rental duration
  • 24-hour access

Residential apartments

Enjoy a wide range of stylish, comfortable, and modern residential options that offer a quiet comfortable stay, as well as:

  • A high level of interior design
  • Modern European style
  • Use of hotel amenities

Hotel

You can plan your stay in a world-famous 5-star hotel with modern amenities:

  • Rooms and suites with an area ranging between 35 and 250 square meters
  • A fully equipped business center
  • International restaurants and catering service
  • Gym, swimming pool, spa

Trading pavilions

You can use high-quality and spacious trading pavilions with:

  • Large showcases
  • Easy access
  • High-quality common areas
  • Round-the-clock security service

Activities Available to an IFZA Company Registered in the UAE

An IFZA company registered in the UAE is required to obtain a license for certain activities. One license may cover absolutely different activities.

The IFZA free zone provides several license options suitable for small local companies and large international businesses alike.

Consultancy License

It allows business professionals to provide expert and professional consultancy services in all areas.

Service License

It allows service providers to produce, reproduce, transform, and distribute services. The Service License authorizes the provision of services as the primary purpose of the business and permits the use of related goods for the provision of those services.

Trading License

It allows the import, export, distribution, and storage of goods specified in the license.

General Trading License

This license allows the Fujairah company to trade in any product that is authorized in the UAE.

Industrial License

This license allows the Fujairah company to import raw materials, produce, process, package, and then export the specified products.

License for Holding Activities 

This license allows you to own individual assets and/or shares in other companies. Holding companies are generally used to own other companies and organizations, property and real estate, shares, assets, trademarks, and patents.

The following activities are available: 

Activity Types

Designations: C – consultancy license, S – service license, T – trading license.

Activity No.ActivityLicense type
1Accounting & BookkeepingC
2Agricultural ConsultancyC
3Beauty ConsultancyC
4Business ConsultancyC
5Commercial Brokers ConsultancyC
6Engineering ConsultancyC
7Environmental ConsultancyC
8Events Organizing and Management ConsultancyC
9Fashion Designing ConsultancyC
10Hotel Management ConsultancyC
11Human Resources ConsultancyC
12Immigration ConsultancyC
13Information Technology ConsultancyC
14Insurance ConsultancyC
15Interior Design ConsultancyC
16Investment ConsultancyC
17Legal Advice (IFZA management pre-approval required)C
18Lifestyle ConsultancyC
19Logistics ConsultancyC
20Management ConsultancyC
21Marketing ConsultancyC
22Project Management ConsultancyC
23Public Relations Management ConsultancyC
24Sports Management ConsultancyC
25Technical ConsultancyC
26Tourism & Recreation ConsultancyC
27Activities of Holding CompaniesS
28Other Booking Services and Related ActivitiesS
29Cleaning ServicesS
30Landscape Maintenance ActivitiesS
31Administrative and Supporting ActivitiesS
32Organization of Congresses and Trade ShowsS
33Other Types of EducationS
34Education Support ActivitiesS
35Other Health ActivitiesS
36Creative, Artistic, and Entertainment ActivitiesS
37Sports ActivitiesS
38Entertainment & Recreation ActivitiesS
39Activities of Membership OrganizationsS
40Computers and Telecommunications Equipment RepairS
41Personal and Household Items RepairS
42Other Specialized Construction WorksS
44Sale, Maintenance, and Repair of Vehicles and Related PartsS
45Repair of Finished Metal Products, Machinery, and Other EquipmentS
46Industrial Machines and Equipment InstallationS
47Electrical, Plumbing, and Other Construction and Installation WorksS
48Organization of Catering Events and Other Catering ServicesS
49Computer Systems, Software Development and PublicationS
50Printing and Related ActivitiesS
51Computer Programming ActivitiesS
52Computer Consultancy and Management ActivitiesS
53Other Activities in the Field of Information Technology and Computer Services S
54Data Processing, Hosting, and Related ActivitiesS
55Web Portal ActivitiesS
56Activities to Support Financial Activities, Except Insurance and PensionS
57Corporate Service ProviderS
58Real Estate Activities on a Paid or Contractual BasisS
59Accounting & BookkeepingTax ConsultancyS
60Architecture, Engineering Survey, and Technical Consultancy in this FieldS
61Technical Testing and AnalysisS
62Research and Development in Natural and Technical SciencesS
63Research and Experimental Development in Social Sciences and HumanitiesS
64Market Research and Opinion PollsS
65Specialized Project ActivitiesS
66PhotographyS
67Renting and Leasing of Machinery, Equipment, and Tangible AssetsS
68Lease of Intellectual Property and Similar Products, Excluding Copyrighted WorksS
69Activities of Employment AgenciesS
70General Trading – Non-Specialized WholesaleT
71Advertising Requisites TradingT
72Aircraft Spare Parts & Components TradingT
73Automobiles, Auto Spare Parts, Components & Accessories TradingT
74Steel & Non-Ferrous Metal Products TradingT
75Building Materials, Construction Equipment and Machinery TradingT
76Computer Software & Computer Equipment TradingT
77Rubber TradingT
78Electronics & Electrical Products TradingT
79Foodstuff & Beverages TradingT
80Gifts & Innovations TradingT
81Spare Parts for Heavy & Special Equipment TradingT
82Home Furniture TradingT
83Industrial Equipment and Spare Parts TradingT
84Jewelry, Pearls, Precious Stones, and Non-Production Precious Metals TradingT
85Medical & Surgical Equipment and Instruments TradingT
86Paper TradingT
87Perfumes & Cosmetics TradingT
88Equipment for Electricity Production, Transmission, and Distribution Trading T
89Raw Materials TradingT
90Ships & Boats TradingT
91Telecommunications Equipment TradingT
92Clothing & Footwear Wholesale TradingT
93Textile TradingT
94Plastic Materials TradingT
95Scrap & Metal Waste TradingT
96Recyclable Material TradingT
97Wholesale on a Fee or Contractual BasisT
98Wholesale of Foodstuff, Beverages, and Tobacco ProductsT
99Wholesale of Textiles, Clothing, and FootwearT
100Wholesale of Household GoodsT
101Wholesale Trade in the Wholesale Market of Machinery, Equipment, and ConsumablesT
102Wholesale Trade in Computers, Peripheral Computer Equipment, and SoftwareT
103wholesale trade in Electronic and Telecommunication Equipment and its PartsT
104Wholesale Trade in Agricultural Machinery, Equipment, and AccessoriesT
105Wholesale Trade in Metals and Metal OresT
106Wholesale Trade in Construction Materials, Hardware, Plumbing and Heating EquipmentT
107Other Specialized Wholesale TradeT
108E-commerce (Retail Sale by Mail or Online)T

Rules and requirements for IFZA company formation in the UAE

Companies

The process of UAE company formation in the IFZA free zone begins after the applicant completes and submits the relevant application form and pays the required fees.

The application for UAE company formation in the IFZA free zone may be turned down in some rare cases. If the reason for such refusal is connected with the applicant, one of the Fujairah company shareholders or managers (including the cases when such a person is turned down by the relevant UAE authorities for security reasons), any fees paid by the applicant to the IFZA Department for the Establishment Card and the E-Channel subscription shall be reimbursed to the applicant by the IFZA Department. No other fees paid by the applicant to the IFZA Department will be refunded.

The IFZA Department (responsible for the establishment, registration, and regulation of IFZA companies) has the right to request any additional documentation, information, and (or) clarifications from the applicants that may be required from time to time. 

By signing the Fujairah Company Registration Terms, the applicants warrant that they are not involved in any illegal activity, money laundering, or any other illegal or immoral activity that could in any way adversely affect the reputation of IFZA, the Government of the Emirate of Fujairah, or the reputation of the United Arab Emirates as a whole. 

The application for UAE company formation in the IFZA free zone is approved at IFZA’s sole discretion.

IFZA free zone reserves the right at any time to turn down any application or require a guarantee or any other type of document from any applicant. 

Any IFZA company is only allowed to engage in business activities consistent with its licenses.

Companies that violate this condition and conduct their operations in a manner inconsistent with their license and/or applicable rules and regulations may be subject to penalties. 

Any IFZA company may be canceled and deregistered at any time by the resolution of shareholders and IFZA approval.

IFZA will only grant such approval and deregister the Fujairah company if all applicable requirements have been met and there are no monetary obligations to IFZA or third parties.

IFZA free zone shall reimburse license or other fees if such application for cancellation and deregistration has been made after the issuance of the license and/or during its validity term. 

If the license is not renewed within a maximum period of 30 days upon its expiration, a fine may be imposed on the Fujairah company. 

Companies registered in IFZA free zone may conduct their business within IFZA or elsewhere in accordance with applicable laws and regulations. 

Visas

The following rules apply if the Fujairah company has the right to issue UAE resident visas, which depends on the selected license package. 

The UAE visa rules and regulations may be amended from time to time by the relevant UAE and Fujairah authorities. 

The Fujairah company must have an Establishment card and an E-Channel subscription in order to apply for a UAE residence visa. Applicable fees for the Establishment card and E-Channel subscription (as well as for the visa itself) are payable in IFZA. The E-Channel subscription allows IFZA free zone to apply for UAE visas online on behalf of the Fujairah company.

Thus, any IFZA company is required to renew the Establishment card and E-Channel subscription before their expiry to be able to apply for visas and ensure that employee and/or investor visas remain valid.

Failure to do so will result in a fine determined by the Emirate of Fujairah’s migration authorities. 

UAE resident visas issued by the Emirate of Fujairah Migration Service through the IFZA free zone are valid for the duration of the applicable license package selected for the company.

Any IFZA company is responsible for ensuring that employees have valid UAE resident visas and that these visas are renewed or canceled in a timely manner. 

The IFZA free zone will not be held responsible if a Fujairah company employee exceeds the period of stay authorized by his/her visa. Also, IFZA will not be liable for any fines imposed by the migration authorities in the Emirate of Fujairah as a result of visa terms violation. 

The IFZA free zone bears no responsibility if a visa is denied by the migration authorities of the Emirate of Fujairah. 

IFZA is not allowed to exceed the number of UAE visas provided under the selected license package. 

All licensees are responsible for settling their financial obligations with their employees (wages, allowances, vacation time, etc.) under the employment contract with such employees to be entered into in accordance with the UAE employment laws. 

The Cost of UAE Company Formation in IFZA Free Zone

Trading, consultancy and service licenses

Number of available UAE resident visasFee
Zero Visa LicenseAED 11,500 (USD 3,134)
License with 1 Visa QuotaAED 15,700 (USD 4,278)
License with 2 Visa QuotaAED 17,900 (USD 4,877)
License with 3 Visa QuotaAED 19,700 (USD 5,368)
License with 4 Visa QuotaAED 21,300 (USD 5,804)
License with 5 Visa QuotaAED 22,900 (USD 6,240)
License with 6 Visa QuotaAED 24,700 (USD 6,730)

Other services related to company formation in IFZA free zone

ServiceCost
Holding companyAED 9,500 (USD 2,589)
Additional business activityAED 1,000 (USD 272)
Office rental contractIncluded in all licenses
License pre-approval (for each shareholder). Available to all shareholders. If the approval is received and the shareholder decides to proceed with the Fujairah company registration within 10 business days, the payment will be deducted from the selected package of trading licenses. The payment will not be refunded if the license is not approved. License pre-approval does not guarantee approval/issuance of a UAE resident visa. AED 300 (USD 81.74)
Additional shareholder. 3 shareholders are included in the license. The maximum number of shareholders is 10.AED 350 (USD 95.36) 
License for 2 years15% off your license cost
License for 3 years25% off your license cost
License for 5 years30% off your license cost
Establishment card for 1 yearAED 675 (USD 184)
Establishment card for 3 yearsAED 1,500 (USD 409)
UAE Resident Visa for 3 yearsAED 3,750 (USD 1,022)
E-Channel registration feeAED 2,200 (USD 599)
E-Channel refundable depositAED 5,000 (USD 1,362)
Visa status changeAED 800 (USD 218)
Medical test. Medical test and Emirates ID fees are paid directly at the medical center during the medical test. A medical VIP package (including a medical test and Emirates ID) is available from IFZA free zone in Fujairah for AED 950 (USD 259). AED 300 (USD 81.74)
Emirates ID AED 370 (USD 101)
Visa cancellationAED 500 (USD 136)
Establishment card cancellation AED 250 (USD 68.11)
E-Channel renewal (required annually starting from the second year)AED 1,100 (USD 300)
Making changes to the license. You can make changes to the license free of charge when you are renewing it. The cost of upgrading or downgrading the license is the difference in the cost of the packages, plus a fee of AED 2,000 (USD 545) for changes. AED 2,000 (USD 545)
License cancellationAED 2,000 (USD 545)
Reissuance of Fujairah company documents. A fee is charged per document after providing a police report to confirm the loss of documents.AED 400 (USD 109)
Refund of a license fee. It is possible in case of the Fujairah company’s license and/or Establishment card refusal. Available for a maximum of 30 days after the initial address.80% of the license fee
Refund of visa fee. Possible only if the visa is refused.AED 1,000 (USD 272)
Penalty for late license renewal. It applies after the 30-day grace period. When it ends, AED 100 (USD 27.24) per month is charged for each next month.AED 1,000 (USD 272)
Penalty for late renewal of the Establishment card. It applies after the 30-day grace period. When it ends, AED 100 (USD 27.24) per month is charged for each next month.AED 1,000 (USD 272)

Cost of our services

ServiceCost
Assistance in the UAE company formation in IFZA free zoneFrom USD 2,200 (AED 8,000)
An additional fee for branch or subsidiary registrationUSD 822 (AED 3,000)
Assistance in the annual Fujairah company renewalUSD 1,100 (AED 4,000)
Assistance in amendment of the Fujairah company’s constituent documentsUSD 1,370 (AED 5,000)
Assistance in the Fujairah company closingFrom USD 2,740 (AED 10,000)

Documents Required for UAE Company Formation in IFZA Free Zone

If the shareholder is a natural person:

  • A clear color copy of the passport (all 4 corners of the passport must be visible)
  • Passport size photo. Provide a color photo with a person dressed in dark clothes against a white background. The head and shoulders should be in the frame. No jewelry or glasses are allowed. The teeth should not be visible in the photo
  • Application for UAE company formation in IFZA. The client’s signature is required on each page
  • Terms and conditions signed by the client

If the shareholder is a legal entity:

  • A certified copy of the constituent documents (in English)
  • Articles and Memorandum of Association which specify the owner of the Fujairah company shares (certified copy)
  • The decision made by the Board of Directors of the parent company on Fujairah company formation in the IFZA free zone
  • Clear color copies of all shareholders’ passports (all 4 corners of the passport must be visible)
  • Passport size photos of all shareholders. Provide a color photo with people dressed in dark clothes against a white background. The head and shoulders should be in the frame. No jewelry or glasses are allowed. The teeth should not be visible in the photo.

How to Start the Process of UAE Company Formation in IFZA Free Zone?

IFZA company formation is possible without your personal visit to the UAE!

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To launch the Fujairah company formation process, please email us at info@offshore-pro.info, and our experts will provide you with professional advice on starting a business in the UAE.

After that, you will have to pay for our assistance in Fujairah company formation in IFZA free zone. Payment can be made by bank card, via WebMoney or Western Union systems, by bank transaction, or using cryptocurrencies.

The cost of the Fujairah company formation starts from USD 6,225.

This amount does not include the fee for the Fujairah company’s license and UAE resident visas (if required), or the cost of any related services.

As soon as we receive payment, our specialists will immediately start collecting the documents required for your Fujairah company formation.

If necessary, we will also assist with opening a bank account in the UAE for your Fujairah company.

Features of Fujairah company formation in the IFZA free zone, UAE

Remote Fujairah company formation is possible.
In the UAE, the company can be opened either outside or within a free economic zone.
IFZA free zone is located in the Emirate of Fujairah.
Foreigners can own 100% of the Fujairah company.
No taxes are payable in this area.
There are no restrictions on the repatriation of capital and profits.
There are no currency restrictions.
No need to rent a physical office for your Fujairah company.
A possibility of holding company formation.

What infrastructure is available when a UAE company is registered in the IFZA free zone?

When a UAE company is registered in IFZA free zone, you will be able to rent shared, standard, or large offices. In addition, warehouses, residential apartments, and shopping pavilions will be available for rent. There is also a 5-star hotel for your convenience.

UAE resident visas for entrepreneurs that register a UAE company in the IFZA free zone

As soon as the UAE company formation in IFZA free zone is completed, you will be able to apply for resident visas for yourself, your family members, and for the company’s employees.

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