International Free Zone Authority (IFZA) announces the relocation of its full operations to Dubai after an agreement signing ceremony between H.E. Dr. Mohammed Al Zarooni, Vice Chairman & CEO of Dubai Silicon Oasis Authority (DSOA) & Secretary-General of Dubai Free Zones (DFZ) Council, & Martin G. Pedersen, Chairman of IFZA.
The new announcement leaves many questions open for discussion. Currently, we are awaiting the full details on the processes, time frames & next steps. Below we have listed some of the main FAQ’s & tips for preparing a seamless transition of IFZA free zone companies to Dubai.
WHO WILL BE AFFECTED?
IFZA is migrating its entire free zone, operations & workforce from Fujairah to Dubai. The transfer of the free zone will have the following affect:
- All licensed companies registered with IFZA Fujairah will be transferred to Dubai
- Any company due for renewal will be renewed under the new Dubai IFZA operation
- All UAE residency visas will now be processed with Dubai immigration