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IFZA Free Zone Company Formation for Vietnamese nationals

Guide for Vietnamese founders · around 7.5 hours from Hanoi

To be clear, setting up a company in IFZA Free Zone gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. IFZA Free Zone issues commercial, professional and industrial licences from its base in Dubai, and GoldenKey processes new registrations there every week. the UAE is Vietnam's largest trading partner in the Middle East, with a CEPA concluded in 2024, which gives Vietnamese entrepreneurs a ready market and supply chain the moment their IFZA Free Zone licence is issued. The most common businesses Vietnamese nationals open through GoldenKey are in electronics, textiles, agricultural exports and IT outsourcing, although IFZA Free Zone supports almost any activity.

Why IFZA Free Zone

Importantly, offers both free zone and offshore company structures. To be clear, the authority permits Free Zone Establishment (FZE), Free Zone Company (FZCO) and Branch, which covers solo business owners, partnerships and overseas groups opening a UAE branch. From day one, many Vietnamese company owners run IFZA Free Zone companies alongside an existing business in Vietnam, using the UAE entity for international invoicing and regional sales.

How IFZA Free Zone works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    In the first call we check that IFZA Free Zone lists your activity, settle the licence type and match the visa package and office to what you actually need.

  2. Step 2: Name reservation and initial approval
    Step 2

    Name reservation and initial approval

    From day one, we submit your preferred trade names to IFZA Free Zone and secure initial approval, normally within a day or two of submission. Your portal shows the status of this step for IFZA Free Zone company formation for Vietnamese nationals in real time.

  3. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    You sign the application forms and memorandum, we submit the attested documents and the licence fee is paid to the authority.

  4. Step 4: Licence issued and next steps
    Step 4

    Licence issued and next steps

    Your IFZA Free Zone licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction. If the authority raises a query on IFZA Free Zone company formation for Vietnamese nationals at this stage, we handle it the same day.

Documents required

Here is what you will need for IFZA Free Zone company formation for Vietnamese nationals; GoldenKey checks every item before submission.

  • A bank statement from your Vietnam bank for the last three months, which banks use to understand your profile
  • Your current residence visa and Emirates ID copy if you are a UAE resident
  • A no-objection certificate from your employer if you hold a UAE employment visa
  • The UAE entry stamp or visa page if you are already in the country
  • Proof of address such as a utility bill or bank statement, requested by some zones
  • A police clearance certificate from Vietnam if the activity or the Golden Visa category requires it

Pricing

All prices for IFZA Free Zone company formation for Vietnamese nationals are indicative, shown in AED and confirmed in writing before you pay. In our experience, pricing for IFZA Free Zone company formation for Vietnamese nationals depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Pricing available on request — message us for a written quotation.

Why the UAE

Importantly, banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of IFZA Free Zone company formation for Vietnamese nationals predictable. The UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many entrepreneurs choose it as a base for IFZA Free Zone company formation for Vietnamese nationals.

Why GoldenKey

In our experience, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for IFZA Free Zone company formation for Vietnamese nationals. GoldenKey is based in Ajman Free Zone and has helped company owners from more than 60 countries with IFZA Free Zone company formation for Vietnamese nationals, so the paperwork, approvals and timing hold no surprises for us. Day to day, after your IFZA Free Zone licence is issued, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice.

As a rule, ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for IFZA Free Zone company formation for Vietnamese nationals.

Frequently asked questions

How long does the IFZA Free Zone licence take?

From day one, once your documents are complete, the authority usually issues the licence within 5 working days (Monday to Friday). Visas and bank account opening follow afterwards.

Can I open a UAE bank account with a IFZA Free Zone company?

Yes, IFZA Free Zone companies open accounts with UAE banks every day. Approval depends on the bank's compliance review of your profile, business plan and paperwork, and GoldenKey prepares the file and introduces you to a suitable bank.

How many visas can I get with a IFZA Free Zone licence?

Visa quota is tied to the package and office you choose. IFZA Free Zone packages as a rule start from a zero-visa option and scale to five or more visas with a physical office, and additional visas can be added later for the per-visa fee shown in our pricing.

Is there a double taxation agreement between Vietnam and the UAE?

Absolutely. The UAE and Vietnam have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.

How long does the process take for Vietnamese applicants?

Processing for Vietnamese nationals follows the same timeline as other nationalities. Documents from Vietnam that need attestation are the main variable, and GoldenKey guides you through that step.

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