Company setup in IFZA in Dubai is a vital decision for foreign entrepreneurs that desire to enter a prosperous market in the United Arab Emirates. Due to its strategic placement near the Port of Fujairah, it has become a popular location to establish businesses. Since the IFZA is located in the middle of Fujairah, every Arabian Gulf Port and the markets of India, Iran, and Pakistan are very accessible.
The IFZA business setup process is very direct. In summary, investors only have to compile the necessary paperwork and applications and submit them to the pertinent authorities. The most important documents are:
- Business registration application form.
- Outline of the project.
- Passport copy of the owner and shareholders.
- Company name and selected trading activity.
- Leasing contract of the business’ office space.
Generally, foreigners can start their IFZA company setup process from any country. But, they must be present to sign documents and finish the establishment process with the proper authorities.