Setting up a business in a free zone can be an attractive option for entrepreneurs seeking tax benefits, streamlined procedures, and a supportive business environment. This article will explore the various activities available in the International Free Zone Authority (IFZA) and provide insights into their pricing structure. Find here the right IFZA activities for your business.
Overview of IFZA:
IFZA is a prominent free zone in the Emirate of Fujairah, United Arab Emirates. It offers various business activities, making it an ideal choice for startups, SMEs, and multinational corporations.
Business activities in IFZA:
IFZA provides a diverse selection of business activities catering to different industries. Some of the key sectors covered by IFZA include:
a) Trading and general trading: Under this category, businesses can engage in importing, exporting, and distributing goods across various industries.
b) Consulting and services: IFZA facilitates consultancy services across sectors such as management, finance, marketing, IT, and human resources.
c) E-commerce and online platforms: With the rapid growth of e-commerce, IFZA allows businesses to operate online platforms, including retail websites and software development.
d) Manufacturing and industrial business activities: IFZA supports manufacturing and industrial businesses in textiles, electronics, food processing, and more.
Pricing structure:
IFZA offers competitive pricing options based on the type of business activity and the required office space. Here are the key pricing components:
a) License fee: The license fee varies depending on the type of activity chosen. Prices start from AED 7,500 per year for commercial trading and AED 12,500 per year for consulting services.
b) Office space: IFZA provides flexible solutions, including physician offices, smart desks, and virtual offices. Prices for physical offices start from AED 19,500 per year, smart desks from AED 7,500 per year, and virtual offices from AED 5,500 per year.
c) Visa and immigration: IFZA offers business owners, employees, and their families visa services. The visa costs range from AED 2,500 to AED 3,500 per person, depending on the duration.
d) Additional services: IFZA provides additional services such as document attestation, company liquidation, and company amendments. The pricing for these services varies and can be obtained from IFZA’s official website or through their customer support.
IFZA is a dynamic free zone that offers a wide array of business activities, making it an attractive choice for entrepreneurs looking to establish or expand their businesses in the UAE. With its competitive pricing structure, favorable regulations, and state-of-the-art facilities, IFZA provides a conducive environment for businesses to thrive.
