How much is International Free Zone Authority (IFZA) registration?
Dubai has established itself as a hub for business in the Middle East, attracting entrepreneurs from around the world. However, setting up a business in Dubai can be an expensive endeavor, and the high costs can deter many aspiring entrepreneurs. The International Free Zone Authority (IFZA) offers a cost-effective alternative with low IFZA Business Setup Fees, making it an attractive choice for those looking to start a business in Dubai. In this article, we’ll delve into the IFZA Business Setup Fees and other related costs so you can make an informed decision when considering IFZA as your free zone jurisdiction.
IFZA Business Setup Fees
IFZA offers a range of free zone company formation options to suit different business needs. The fees for IFZA registration vary depending on the type of company you want to set up. Here’s a breakdown of the IFZA Business Setup Fees for the most common company types:
IFZA Free Zone Establishment (FZE)
An IFZA Free Zone Establishment (FZE) is a company formed with a single shareholder. The IFZA Business Setup Fees for an FZE are as follows:
- Incorporation fee: AED 6,000
- Annual license fee: AED 15,000
IFZA Free Zone Company (FZCO)
An IFZA Free Zone Company (FZCO) is a company formed with multiple shareholders. The IFZA Business Setup Fees for an FZCO are as follows:
- Incorporation fee: AED 10,000
- Annual license fee: AED 15,000
Branch of a Foreign Company
A branch of a foreign company can also be set up in IFZA. The IFZA Business Setup Fees for a branch of a foreign company are as follows:
- Incorporation fee: AED 5,000
- Annual license fee: AED 10,000
Furthermore, it’s essential to choose the license that best suits your business needs. IFZA offers three types of licenses: Trading, Service, and Industrial. The fees for each license type vary depending on the duration of the license, as shown in the table below.
| License Type | One-Year Fee | Two-Year Fee | Three-Year Fee |
| Trading | AED 15,000 | AED 28,000 | AED 40,000 |
| Service | AED 13,500 | AED 25,500 | AED 36,000 |
| Industrial | AED 16,500 | AED 31,500 | AED 45,000 |
Please note that the fees mentioned in the table are inclusive of the registration fee but exclude additional services such as visa processing and office space. In addition, apart from the license fees, a security deposit of AED 5,000 to AED 15,000 is required, depending on the type of license.
Likewise, if you need an IFZA Freezone Company Establishment Card, which allows you to operate as a registered business in Dubai, you’ll need to pay an additional fee. The establishment card fees are as follows:
| Type of Card | One-Year Fee | Two-Year Fee | Three-Year Fee |
| Investor | AED 3,000 | AED 4,500 | AED 6,000 |
| Employee | AED 2,000 | AED 3,000 | AED 4,000 |
Lastly, if you require visas for your business, there are visa processing fees that you need to consider. The fees for visa processing are as follows:
| Type of Visa | Visa Fee |
| Investor Visa | AED 3,500 |
| Employee Visa | AED 2,500 |
Conclusion
In conclusion, IFZA Business Setup comes with a range of fees and charges that need to be considered. By understanding these fees and planning accordingly, you can avoid any unexpected costs and successfully establish your business in this thriving free zone.
If you’re interested in setting up a business in IFZA but don’t know where to start, don’t worry. Skwer Group is here to help. Our team of experienced consultants can guide you through the entire process of business setup, from licensing to office space and visa processing. We can help you save time, money, and effort, while ensuring that your business is fully compliant with the local regulations. Feel free to reach out to us at info@skwergroup.com with any questions or inquiries you may have. We’re always here to help you achieve your business goals.
