The International Free Zone Authority (IFZA) is a popular free zone in the United Arab Emirates (UAE) that offers numerous benefits to businesses looking to set up operations in the country. This article will discuss the benefits of investing in an IFZA license.
100% foreign ownership:
One of the significant advantages of an IFZA license is that it allows 100% foreign ownership. Foreign investors can own and operate their businesses without needing a local partner. It gives businesses complete control over their operations, making it an attractive option for foreign investors.
IFZA-free zone offers a tax-free environment for businesses. Companies are exempt from corporate tax, income tax, and value-added tax (VAT). This enables businesses to save money on taxes, reinvest in their operations, and expand their business.
Fast and easy set-up:
Setting up a business in the IFZA-free zone is straightforward and speedy. The application process is simple and can be completed within a few days. This enables businesses to start operations quickly, allowing them to focus on growing their business.
IFZA free zone offers world-class infrastructure and facilities, including modern office spaces, warehouses, and logistics centers. The free zone has advanced technology and communication systems, providing businesses with the necessary tools to operate efficiently.
Access to global markets:
UAE is a gateway to global markets, and the IFZA free zone is no exception. The free zone provides businesses access to international markets, enabling them to expand their customer base and grow their business.
Range of business activities:
IFZA free zone offers a wide range of business activities, including trading, services, and industrial activities. This enables businesses to choose the activity that best suits their needs and objectives.
Incentives and support services:
IFZA free zone provides businesses with various incentives and support services. These include assistance with visas, permits, licensing, and access to business services such as legal, accounting, and marketing support.
Investing in an IFZA license provides businesses numerous benefits, including 100% foreign ownership, a tax-free environment, fast and easy set-up, state-of-the-art infrastructure, access to global markets, a range of business activities, and incentives and support services. These benefits make the IFZA free zone an attractive option for businesses looking to set up operations in the UAE. If you are considering starting a business in the UAE, an IFZA license can be an excellent option to explore.