Sectors
Advantages
- One of Dubai’s most affordable free zones — ideal for cost-conscious entrepreneurs
- Covers 1,500+ business activities across virtually all sectors
- Multi-year licence discounts of up to 30% for 2, 3, and 5-year packages
- Fast setup — licence issued within 2–5 business days
- Virtual office and dedicated desk options available
Trade-offs
- Less prestigious address than DMCC, DIFC, or DIC
- Physically located in Dubai Silicon Oasis area — no JLT or DIFC prestige
- Banking can be moderate-difficulty for certain activity types
Setting up
One of the fastest free zones; licence in 2–5 days. Remote setup possible. Simple documentation requirements.
Opening a bank account
Less well-known than DMCC or DIFC; some banks are unfamiliar. Mashreq Neo Business and other challenger banks work well with IFZA entities.
Questions
How much does it cost to set up a company in IFZA?
Licence from AED 12,900 (0-visa); AED 14,900 (1-visa). Multi-year discounts up to 30%.
What business sectors are supported by IFZA?
International Free Zone Authority supports: Trading, Consulting, E-commerce, Technology, Media, Logistics.
Is it easy to open a bank account with a IFZA licence?
Less well-known than DMCC or DIFC; some banks are unfamiliar. Mashreq Neo Business and other challenger banks work well with IFZA entities.
Does IFZA require a physical office?
No, a physical office is not mandatory. Flexi-desk and virtual office options are available. Virtual office and flexi-desk available. Dedicated offices from AED 18,240/yr.
How many visas can I get through IFZA?
Visa quota: 0–6 visas per licence depending on package.