Dubai IFZA Free Zone Company
United Arab Emirates
IFZA (International Free Zone Authority) is Dubai's fastest-growing and most cost-effective free zone, established in 2018. It offers among the lowest setup costs in the UAE with packages starting around USD 5,500 all-in including visa allocation. IFZA is popular with entrepreneurs, consultants, and digital businesses seeking UAE tax residency at a lower cost than DMCC or DIFC. The free zone permits a wide range of business activities across trading, services, and e-commerce. Banking options include RAK Bank, ADIB, and various fintech solutions. IFZA has streamlined its incorporation process and offers dedicated relationship managers for new applicants. License renewal includes ongoing visa eligibility and access to the UAE's extensive DTA network.
Formation Details
- Setup Time
- 5 days
- Setup Cost
- $5,500
- Annual Cost
- $4,500
- Corporate Tax
- 9% UAE Corporate Tax on profits over AED 375,000; 0% for Qualifying Free Zone Persons on qualifying income
- VAT Threshold
- $100,000
- Nominee Directors
- Not allowed
- Public Register
- No
- Residency Required
- Investor/employment visa included with most license packages. Flexi-desk or office space required for substance. Physical visits to UAE typically required at setup.
- Banking Difficulty
- Moderate
US Person Considerations
Same CFC, GILTI, and FATCA considerations as DMCC. US persons must maintain diligent IRS reporting. UAE tax residency does not eliminate US obligations for citizens and green card holders.