IFZA- International Free Zone Authority

Alan Duke

Business Activities in IFZA

There are around 108 business activities in IFZA. The business activities are divided into three categories. They are Consulting, Service, and Trading. Besides, you can add up to 7 activities in one license and you can mix activities from different categories. There is no separate activity for E-commerce. However, one can sell goods online with a usual trading license. All the business activities offered in IFZA are from the list of activities provided by DED. Following are some of the activities in IFZA:

Consultancies:
- Accounting, business, commercial broker, Insurance, legal,
- Agricultural, environmental,
- Beauty, event management, hospitality, human resource, IT, interior design, fashion design,
- Management, logistics, Public relation, project management, technical, sport management, etc.
Services:
- Cleaning, landscape management, plumbing, electrical works, construction installation, plumbing,
- Office administration and support, auxiliaries to finance services except insurance and pension funding, accounting and bookkeeping, tax consultancies,
- Education and education support activities, employment placement agencies,
- Creative arts and entertainment activities, recreation, sports, photography
- Computer programming, data processing, Web portals, computer consultancies, repair of computer parts
- Technical testing and analysis, research and development, market research,
- Renting and leasing of machinery, intellectual property, real estate,
- Sale of motor vehicles, etc.
Trading:
- General trading, trading in automobile aircraft, ships, and boats,
- trading of computer parts, home furniture,
- foodstuff and beverages,
- jewelry, precious metal, perfumes, cosmetics, gifts
- medical equipment
- raw materials, paper rubber, plastic,
- clothing, footwear, textiles,
- scrap, metal waste, recyclable materials, etc.

Business set up process in IFZA

Firstly, select the right business activity from the categories provided.
Secondly, select a trade name for the business.
Next, you have to select the right business license package and visa quota.
After that, submit the required documents to the Free Zone Authority and make the required payment.
After getting the trading license, apply for a residence visa if required.
Finally, open a corporate bank account and apply for other external approvals if required.
As a result, the business license is issued by the authorities.
Incorporation is quick and easy. It takes around 3-4 days to complete the incorporation process.
At the time of incorporation, the owner’s presence is not required.

License types in IFZA-International Free Zone Authority

Consultancy license: Experts providing consultancy services for various activities.
Trading license: Involves, import-export, distribution, and storing of goods.
General trading license: Gives freedom to trade any items permitted in the UAE.
Service license: Involves production, re-production, transformation, and distribution of services
Holding license: Permits holding of assets and/ shares in other companies.

Alan Duke

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IFZA recognizes a select few as Strategic Partners for business incorporation in IFZA, so you need to approach one of them for company setup in IFZA DSO.

The DSO stands for Dubai Silicon Oasis, another free zone, and IFZA has signed an agreement with DSO to enable IFZA companies to operate out of Dubai Silicon Oasis.

We are a designated Strategic Partner for IFZA, and you can contact us for free zone company formation in IFZA – we guarantee you that business setup in IFZA Dubai will be a smooth process.

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