Set Up Your Company in
IFZA Offshore
Over the past decade, the United Arab Emirates (UAE) has experienced significant industrial growth, largely driven by the establishment of offshore companies. These offshore entities, created through decrees issued by the Ruler of each Emirate, have played a crucial role in this development. Notably, Izfa Offshore has been a key player in this sector, providing valuable services and contributing to the region's expanding economic landscape.
They have been highly effective in drawing numerous foreign companies and foreign direct investment, significantly boosting the proportion of non-oil exports and net exports from the country.
Benefits of Starting a Business in IFZA Offshore
If you’re planning to establish your business in a Dubai Offshore zone, you can take advantage of several appealing benefits:
Benefits
- 100% Foreign Ownership
- Tax Advantages 0%
- Profit Repatriation
- Simplified Setup Process
- Currency Flexibility
- Strategic Location
- Modern Infrastructure
- Ease of Employment
- Support Services
- Networking Opportunities
Types of Licenses Offered
in IFZA Offshore
General Trading License
Service License
Consultancy License
E-commerce License
Investment License
Holding Company License
Documents for IFZA Offshore Company Setup
- Passport Copies
- Proof of Address
- Business Plan
- No Objection Certificate (NOC)
- Completed Application Form
Steps in Setting Up Your Business in IZFA Offshore
1
Determine The Business Entity Type
Begin by choosing your business activities and type of legal entity.
2
Choose A Trading Name
Your business name should comply with the criteria set out by the UAE government.
3
Apply For a Business License
Depending on the Offshore jurisdiction that you will choose and/or your business activity, you may need
to attach a copy of a business plan along with your license application.
4
Choose An Office Space
Offshore offer various office solutions such as a flexi-desk to support start-ups.
5
Get Pre-Approvals
This should take a few weeks, once you have your license you are free to start your business.
6
Open Your Corporate Bank Account
You would need a bank account to commence your business in Dubai
