Things to Know about Setting up Business in IFZA Free Zone
There are many advantages of investing in an IFZA free zone. For one, there are no income or corporate taxes to worry about. Furthermore, there are no currency restrictions, which is great news for investors who are unsure of which currency is best to use for their business. Another major advantage of investing in an IFZA free zone is that you can register your company with 100% foreign ownership.
Minimal requirements for business set up:
The biggest advantage of investing in an IFZA free zone is the cost. There are minimal requirements for business setup, and the prices are some of the lowest in the UAE. Additionally, shareholders don’t need to be physically present in the UAE to be a shareholder. The benefits of investing in an IFZA free zone include the fact that you won’t have to pay taxes on your company’s income, and it is possible to establish limited liability. Also, you can choose from a variety of visa packages for your employees.
You have plenty of options:
A good location is important, and IFZA offers plenty of options when it comes to licensing options. The IFZA free zone has been growing rapidly and now boasts over 800 partners around the world, making it a leading investment hub. Businesses in a free zone are empowered to grow, innovate and create jobs while at the same time ensuring a smooth operation for everyone involved.
Help entrepreneurs expand their business:
IFZA offers a range of business services to help entrepreneurs expand their businesses. Registration is quick and easy and allows the investor to take advantage of free zone administration and business formation services. In addition, the IFZA offers lifetime visas, which is unique among free zones. If you’re looking for a commercial location, IFZA has many options available for you. The IFZA is home to a wide variety of business activities that you can take advantage of.
Provide high-quality infrastructure:
IFZA provides high-quality facilities and infrastructure for businesses. Its infrastructure has been designed to meet international standards, making it a popular investment hub in the UAE. Its office spaces offer flexibility and world-class amenities, including 24-hour access. IFZA has a fully-equipped business center and a hotel. All of these facilities are available for rent. This makes IFZA free zone an ideal place to invest in a commercial space.