Worldclass amenities & a lifetime visa - IFZA, Dubai.
IFZA Dubai offers world-class amenities and a streamlined setup process with the added benefit of lifetime residency visas, making it an ideal choice for entrepreneurs seeking a robust and flexible business environment.
Enjoy full foreign ownership, tax advantages, and strategic access to global markets from Dubai.
Advantages
Why set up an free zone company in IFZA - Dubai?
Dubai provides a top-tier offshore environment with tax-free benefits, 100% foreign ownership, and fast company setup, ensuring privacy and profit repatriation. Positioned as a gateway to global markets, Dubai is an ideal choice for international business expansion.
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Full Foreign Ownership
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Lifetime Residency Visa
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Zero Corporate and Income Taxes
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Affordable Setup Costs
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Flexibility with Office Options
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Access to Global Markets
Get started. Set up your offshore company in the IFZA, Dubai
Incorporation timeline
Steps to set up an Free zone company in the IFZA
Here’s a step-by-step timeline to guide you through setting up an off shore company in Dubai, United Arab Emirates. From securing approvals to finalising your trade license, this process will help you establish your business smoothly and efficiently.
01.
Very important
Check if you are allowed to setup a business abroad
Certain countries have restricted or has kept complex reporting mechanisms to control and to keep in check foreign investments made by its residents. Being a founder setting up abroad, you have to have full knowledge that you are complying to those home jurisdictional compliances while setting up in the JAFZA.
Note: Certain countries prevent setting up a foreign company and or impose hefty penalties for violation.
02.
Choose the right legal structure for your business
Choosing the right legal structure at IFZA Dubai is essential for aligning with business goals, ensuring compliance, and maximizing benefits like tax advantages and operational flexibility. IFZA offers a range of legal structures to meet diverse business needs, from sole establishments to multi-shareholder entities. Two major options are:
- FZCO
- Branch
03.
Securing an offshore corporate bank account
Opening a bank account for your offshore IFZA company enables seamless financial management, with benefits like multi-currency support, privacy, and efficient international transactions.
All the major banks work with IFZA registered businesses.
04.
Preparing Legal Documents and Drafting Contracts
We guarantee that all legal documents and contracts are expertly prepared and fully compliant with the regulatory requirements of the UAE.
05.
Register VAT for your company
Complete the VAT registration process with IFZA to ensure compliance with UAE tax regulations and avoid penalties for your business.
05.
Start operations
Once all the steps are complete, you may start operations in your newly incorporated offshore company in Dubai
How much does it cost?
Cost of setting up an offshore company in IFZA, Dubai
The cost of setting up an offshore company in IFZA, Dubai, typically starts from AED14500.
The final cost will depend on the specific requirements and services chosen for your business setup.
Documents required
Documents Required for Offshore Company Setup in IFZA
Documents required for offshore company setup in IFZA include passport copies, proof of address, personal profiles, and bank reference letters for all shareholders and directors.
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Passport copies of all shareholders and directors
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Address proof for shareholders and directors
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CVs of all shareholders and directors
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Two passport-sized photographs in white background
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Specimen signatures of shareholders and directors
For Resident Indians
RBI - ODI Compliances for Indian founders & businesses
The Reserve Bank of India has put forth guidelines for foreign investments from India via FEMA regulations, 2022. Being a tax resident in India, an Individual/a body corporate must abide by this regulation while setting a business outside the country. ScaleX Business with its team of expert consultants and advisors can help you navigate and be compliant with these regulations.
Add on services
Get started. Pick an accounting plan that suits your business.
Not expecting much transactions in the first year?
You may choose the basic accounting plan to get started and upgrade later. Need a custom quote ? Feel free to contact us.
Accounting Basic
Suitable for small companies with an expected yearly transaction of 100 line entries overall.
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Upto 100 line entries a year
Line entries are in and out transactions combined.
- Upto 50K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 100 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
Accounting Pro
Suitable for companies with expected yearly transaction of upto 400 line entries in a year.
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Upto 400 line entries a year
Line entries are in and out transactions combined.
- Upto 800K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 400 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
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MIS Reporting
Monthly review call
- Corporate Tax Consultation
Business License Options in IFZA
IFZA offers various business license options, including Trading License, Service License, Industrial License, and Holding License, allowing entrepreneurs to choose the best structure for their business activities, whether it's trading, providing services, holding assets, or manufacturing.
Trading License
Allows import, export, and trading of goods both within the UAE and internationally.
Service License
Enables the provision of professional services, such as consulting, marketing, and IT solutions.
Industrial License
Suitable for manufacturing and production businesses within the UAE.
Holding License
Designed for companies involved in owning and managing shares in other companies or assets.
E-Commerce License
Their collaborations create lasting impact and change lives, empowering communities.
Consultancy License
For businesses providing specialised consultancy services across various sectors.
