Business setup in IFZA is a fast & easy procedure. To avoid any concerns and to have a seamless Company Registration in UAE, it is advised to proceed with a reputed Agent like RKHBC. Our experience and team dedicated to aiding you will direct and help you with the company setup. All facilities such as Offices, Warehouses, Residential Apartments, retail outlets, etc are available in IFZA Freezone. Also, several Business license options are available to effectively serve small local to large international businesses. The trade license you will require is depended upon the business activities you are planning to perform in IFZA Free Zone. One can select up to seven business activities under one business trade license. The advantage of holding one of IFZA’s trade licenses is that the IFZA allows you to conduct professional, commercial, and industrial business activities under one trade license.
Below mentioned are the trade licenses offered by IFZA Free Zone in Dubai:
1. Service License
A service license permits you to execute business activities that demand expertise and knowledge in a specific field. Like if you want to provide your marketing expertise for other companies or serve them with any valuable action you only require a service license. To acquire the service license, being educated and being able to prove it to the authorities is very important. They might ask for academic certificates or recommendations validating your background.
2. Industrial License
The industrial license allows you to do a wide range of functionalities. It includes importing raw material, storing, processing, and converting it into a finished product. Steps like packing, distributing, exporting are also included in this license. You can produce and sell your product inside UAE itself with this license.
3. Trading License
Activities like retailing and being involved with retailing are permitted by a trading license. This license allows you to buy and sell products. This also includes services that will not require you to be an expert or be experienced in that field. certain industrial activities such as packing and rebranding of products are also supported by this license.
4. Holding License
This license is for investors who would like to hold on to a company’s share or stock without interfering in it’s decision-making process. It is even possible to initiate a holding company that can hold shares of multiple companies in the UAE.
These are the main licenses provided on the IFZA free zone for the convenience of your business. One can establish and grow however he desires with his business in IFZA Freezone and law and authorities provide their maximum support to ensuring your flawless business operating. For knowing more about your possibilities in setting up your business in IFZA or any other Freezone where it is convenient for you, Do get in contact with RKHBC, the best Business Setup Consultant in UAE.
