Types of Business Licenses You Can Get in IFZA

There are many advantages of being in IFZA, including reduced tariff rates, minimum overhead charges, and a fast startup time. Depending on the type of business you are opening, you can receive your business license in as little as four to five days. The business’s name must not already be registered by another company, department, or ministry. You should be aware of IFZA license costA notarized Memorandum of Association must be presented.

Commercial license:

If you are looking for a general trading license in the UAE, the IFZA is the place to start. This new free zone is regulated by the Dubai silicon oasis and offers many different business activities. Many foreign investors choose to set up their business here because of its low-cost licensing requirements and easy setup. The International Free Zone Authority is a unique economic jurisdiction that offers four distinct business trade licenses. Businesses can apply for one of these licenses without any prior work experience.

Consultancy license:

One of the easiest ways to obtain a Consultancy license in the UAE is setting up in a free zone. Several options are available to you, including Sharjah Media City, Fujairah Creative City, and Ajman Free Zone. Each one has a different set of rules and regulations. Read on for more information. If you doubt what each type of license entails, you can contact the International Free Zone Authority.

Service license:

An IFZA Free Zone service license can be obtained for various businesses. These licenses grant legal rights to import raw materials, conduct export procedures, manufacture specific items, and perform transportation. An IFZA service license is required for any business that requires expertise or knowledge in a particular area. The following list provides some examples of what a service license is needed for. If you’re interested in starting a business in IFZA, you may find that these services are necessary.

Holding license:

If you are interested in owning your own business, holding a business license in IFZA is the right way. This free zone has low start-up costs and minimal requirements for entrepreneurs. Additionally, there is no tax or currency restriction and no need to rent a physical office space. In addition, you can rent shared desks or standard offices and larger-area offices, warehouses, residential apartments, shopping pavilions, and hotels.

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