Are you doing digital business? Or are you an entrepreneur with investments in multiple businesses around the globe from which you draw dividend income and/or consulting income.
Are you tired of excessive onshore taxes and heavy regulation? If so you might want to consider setting up a Freezone Company in the UAE. The most attractive option at present for such clients would establishment of a Dubai IFZA Company.
An IFZA Corporation would enable you to engage in any of the following:
1. Holding activities (e.g. receiving dividends from subsidiary companies)
2. Consulting services
3. IT-related business
If you’re engaged in only one of these activities, a single license would be sufficient. However, if you intend to carry out two or more of the above activities, a separate license may be required for each.
The Proposed Activity for such clients would be category 6499001 ie Investment in Commercial Enterprises & Management
This category includes firms and holding companies formed in order to invest their funds through the establishment of subsidiary firms which carry out various commercial activities, as well as transport, contracting and financing activities, besides other investments or shareholdings in commercial enterprises. This also includes the management of such subsidiary companies and the organization of their affairs. Whilst UAE domestic companies are liable to 9% tax its our understanding that non UAE sourced income generated by such a Company would be free from tax in the UAE.
An IFZA Corporation also entitles you (subject to passing medical tests) to apply for a residence permit in the UAE. With a carefully managed exit strategy, and provided you’re away from your home country at least 6 months every year (and, ideally, provided you are not seen to have retained a “substantial connection” to your home country) this could enable you to escape your local tax net and become a UAE resident for tax purposes, greatly enhancing your bottom line (the UAE does not levy personal income tax on individuals).
About IFZA.
The International Free Zone Authority (IFZA), located in Dubai Silicon Oasis, is one of the UAE’s most dynamic and cost-effective free zones for company formation. Designed to attract both startups and established international businesses, IFZA offers flexible licensing options and a streamlined setup process.
Key Highlights include
• Business Ownership: 100% foreign ownership permitted.
• Tax Benefits: 0% corporate and personal income tax on qualifying activities.
• Licences Available: Professional, Commercial, Industrial, and Holding licences.
• Office Solutions: Wide range of options — from Flexi-desks to executive offices.
• Company Types: Single or multiple shareholders (individual or corporate).
• Banking & Residency: Access to UAE banking and eligibility for residence visas.
• Fast Setup: Incorporation within a few days with minimal documentation.
Why Choose IFZA:
• Competitive setup and renewal costs.
• No physical presence requirement during incorporation.
• Reputable jurisdiction under UAE federal law with strong compliance standards.
• Ideal for consultants, traders, e-commerce operators, and global entrepreneurs seeking a Dubai base.
Cost
To set up such a Company via OCI costs would be as follows
• License package: 5,500 USD
• 2 years residence visa processing: from 1470 USD per visa
• OCI incorporation fees: 2,500 USD
Estimated first year: 9,470 USD
The above packages includes a flexi desk solution, that provides a registered business address and access to shared office facilities.
Annual renewal is in the same range as the license package, provided there are no structure changes (e.g. visa quotas or office upgrade).
The residence visa is valid for 2 years and renewed separately at a similar cost.
Would you like to know more? Then please Contact Us:
www.offshoreincorporate.com
info@offshorecompaniesinternational.com
ocil@protonmail.com
oci@tutanota.com
oci@safe-mail.net
ociceo@hushmail.com
DISCLAIMER: OCI is a Company/Trust/LLC/LP/Foundation Formation Agency. We are not tax advisers or legal advisers. You are advised to seek local legal/tax/financial advice in regards to your local reporting/tax requirements before committing to set up or use an Offshore Company or other entity.
