The different types of licenses issued by the International Free Zone Authority in Dubai are:

Professional: License for consultancy and services businesses.

Commercial: License for import, export, storage, and distribution.

Industrial: License for import of raw material, and manufacturing and processing of certain goods.

IFZA allows combining up to seven (7) activities that may belong to a single license or different license types.

Most importantly, the authorities facilitate investors by ensuring issuance of licenses in four (4) days and quick registration of the company. Since its establishment, IFZA has offered business setup packages aimed at fulfilling the needs and demands of businessmen from across the world. The investors can easily obtain license and register their companies without having to travel to the United Arab Emirates.

IFZA permits incorporation of follow types of companies:

Limited liability company (LLC): This is a legal form wherein the liabilities of the company are its own and do not become the personal liabilities of the company’s shareholder(s). The shareholder’s liability is restricted to the extent of his investment in the company. The assets of an LLC are purchased in the name of the company and not in the name of the shareholder.

Branch: Existing companies can open a branch in IFZA if the branch and the parent company will carry out the same activity. For the purposes of profits, gains, returns, expenses, debts and liabilities the identity of the branch is considered unified with the identity of the parent company.

An LLC and a branch established at IFZA is suffixed by the term ‘FZCO’.