International Free Zone Authority (IFZA) is a government-controlled organization that manages and regulates a designated “free zone” within a country. Free zones are areas within a country where businesses can operate with special economic incentives, such as reduced taxes and tariffs, and less government regulation. IFZAs are responsible for issuing licenses and permits to businesses operating in the free zone, as well as enforcing regulations and ensuring compliance with laws and regulations. These free zones are usually located near ports or airports and are intended to attract foreign investment and promote international trade.

Why IFZA?

1. Tax exemptions: Companies registered with the International Free Zone Authority (IFZA) are exempt from corporate and personal income taxes.

2. 100% foreign ownership: IFZA allows for 100% foreign ownership of companies, with no requirement for a local sponsor.

3. Strategic location: IFZA is located in the Emirate of Fujairah, providing easy access to regional and global markets through the Fujairah Port.

4. Deregulated environment: IFZA offers a relaxed regulatory environment, making it easier to start and run a business.

5. World-class infrastructure: IFZA provides state-of-the-art facilities, including office spaces, warehouses, and dedicated trade zones.

6. Streamlined processes: Setting up a company with IFZA involves streamlined processes, making it faster and easier to get started.

7. Access to a thriving business community: IFZA is part of a thriving business community in Fujairah, providing companies with access to a diverse talent pool and supportive ecosystem.