International Free Zone Authority IFZA

The International Free Zone Authority (IFZA) in Dubai offers a variety of legal structures that entrepreneurs can choose from when establishing a business in the free zone. Here are the primary types of companies that can be formed under IFZA:

Free Zone Limited Liability Company (FZ LLC):

This is the most common business structure in IFZA. An FZ LLC allows for single or multiple shareholders and offers limited liability protection, meaning that the owner’s assets are protected from the company’s debts and liabilities. It can engage in a wide range of business activities, making it a flexible option for entrepreneurs.

Single Shareholder Company:

This structure permits an individual to be the sole shareholder of the company. It is ideal for solo entrepreneurs looking to operate independently while enjoying limited liability protection. The same regulations and benefits of an FZ LLC apply, making it a straightforward option for single owners.

Branch of a Foreign Company:

Foreign companies can establish a branch office in IFZA to conduct business activities in the UAE. This structure allows the parent company to maintain ownership and control while benefiting from the advantages of operating within the free zone. The branch operates under the parent company’s name and must adhere to specific regulations.

Office Space (Flexi Desk, Dedicated Desk, or Office):

Many businesses may register as virtual offices or utilize shared office space within IFZA. This option provides flexibility for startups and small businesses that don’t require a physical office but still want to maintain a business presence in the UAE. Flexi desk and dedicated desk solutions can cater to various operational needs.

Professional Services License:

This license type is designed for individuals and companies offering professional services such as consulting, marketing, and IT support. Businesses with this license can operate as FZ LLCs or sole proprietorships, usually requiring at least one qualified professional in the respective field.

E-commerce License:

Designed for businesses engaged in online trading, this license allows companies to operate an online store or provide services over the Internet. It enables FZ LLCs and sole proprietorships to establish a digital presence and engage in electronic transactions.

Holding Company:

Entrepreneurs looking to establish a holding company to manage investments and subsidiaries can do so under IFZA. A holding company in this context allows businesses to hold shares in other companies without engaging in commercial activities directly.