IFZA, Dubai’s growing investment hub, offers simple procedures and strong access to regional and international markets. Known for competitive pricing and flexible business options, it has become a preferred choice for companies entering the UAE. With advantages like 100% foreign ownership, the IFZA Free Zone continues to attract global investors and support business growth across the country.
Maintain business continuity with timely IFZA license renewal through Now Consultant. We handle IFZA business setup and renewal requirements with clear guidance and consistent support for businesses across Dubai and the UAE. Avoid penalties or disruptions by renewing on time and keeping your operations on track.
IFZA License Renewal Cost:
The IFZA license renewal cost typically ranges from AED 12,900 to AED 28,100, depending on the visa package and the type of license you hold. The overall fee increases as the number of visa allocations included in the package rises.
For businesses with no visa eligibility, the renewal cost starts at AED 12,900, making it the most economical option for entrepreneurs who do not require residency visas. If your business setup includes 1 visa, the renewal fee is approximately AED 20,100.
For companies requiring more visas, the cost increases accordingly. A 2 visa package renewal is around AED 24,100, while a 3 visa package goes up to AED 26,100. Businesses opting for a 4 visa package can expect a renewal fee of about AED 28,100.
| Type of license | Visa Eligibility | License Renewal fee |
| ZERO visa package | AED 12900 |
| 1 visa package | AED 20100 |
| 2 visas package | AED 24100 |
| 3 visas package | AED 26100 |
| 4 visas package | AED 28100 |
There are several items to consider when considering the above packages. The IFZA Establishment Card renewal fee is AED 2200.
Importance of IFZA License Renewal In Dubai:
Keeping your IFZA Free Zone Business License active is essential to continue your business operations without disruption. It offers simplified processes, flexible business packages, and 100% foreign ownership, making it a preferred choice for global investors.
IFZA also provides a strong business environment that supports growth and expansion. Renew your IFZA Business License with Now Consultant to stay compliant and avoid any unnecessary risks while receiving complete support throughout the process.
Benefits of Renewing Your IFZA Free Zone Trade License:
Cost-Effective: Affordable packages with 100% profit repatriation.
Effortless Process: Simple, online renewal process in 3-4 days, aided by consultants.
Remote Incorporation: No need for physical presence, enabling global setup.
No Share Capital Requirement: Flexibility in activities and holding licence are available.
Flexible Visa Packages: Easily upgrade with growing business and minimal fees.
IFZA Academy Training: Comprehensive training for seamless Dubai company formation.
Requirements For IFZA Trade License Renewal:
Before you begin your IFZA trade license renewal, it’s important to make sure your company meets all renewal conditions set by the Free Zone Authority. The following requirements must be fulfilled to ensure a smooth and timely renewal:
- Valid Lease Agreement: Your business address or flexi-desk lease under IFZA must be active and not expired at the time of renewal.
- Updated Company Information: All shareholder and manager details should be accurate and updated in IFZA’s records.
- No Pending Dues: Any outstanding payments, fines, or government fees must be cleared before submitting the renewal application.
- Compliance with Regulations: Your company must continue to operate within the approved business activities and remain compliant with IFZA and UAE laws.
- Renewal Form Submission: A completed renewal application form must be submitted through an authorized consultant like Now Consultant.
- Payment of Renewal Fees: The applicable renewal package fees should be paid in full to initiate the renewal process.
Documents Needed For IFZA License Renewal:
The renewal process requires the following documents:
- Copy of passport.
- Passport photo of each shareholder.
- Emirates ID (for UAE resident shareholders).
- Copy of visa (for UAE resident shareholders).
License Renewal Process In IFZA
IFZA License Renewal in 4 Simple Steps – How We Help You
We manage your IFZA license renewal from start to finish, making the process simple and clear:
1. Document Review
We check your tenancy or rental agreement and other required documents to confirm everything is valid and ready for submission.
2. Application Submission
Our team prepares and submits your IFZA license renewal application on your behalf, handling all formalities with the authority.
3. Invoice & Payment Support
Once the renewal fee is issued, we guide you through the payment process and keep track of the status.
4. License Issuance
After payment is completed, we follow up with IFZA and deliver your renewed license, so your business continues without interruption.
Consequences Of Late Renewal For IFZA Business License:
Failure to renew your business license in IFZA on time can lead to serious legal issues, including:
- Sanctions: A penalty of AED 1,000 applies for late license renewal, which is applicable after the initial 30-day grace period.
- Monthly Fines: Operating with an expired license incurs a monthly fine of AED 100 after the grace period
- Blacklisting: Companies without a valid or renewed license risk being blacklisted, leading to a halt in business operations.
How Can We Help You?
Renew your IFZA license effortlessly with Now Consultant! Visa and banking support included. Your one-stop solution for business setup in Dubai and the UAE. As a premium partner of IFZA, Now Consultant offers a hassle-free solution to renew your business license.
FAQs:
How Do I Renew My IFZA Trade License?
Renewing your IFZA Trade License through Now Consultant is easy! Fill out the online form, e-sign, pay, and get your renewed license in just 2-3 business days.
