GoldenKey has guided hundreds of entrepreneurs through IFZA Free Zone company formation, from name reservation to the moment the licence PDF lands in their inbox. 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. Korean firms built landmark UAE projects, and K-beauty and K-food brands are expanding rapidly through Dubai, which gives South Korean entrepreneurs a ready market and supply chain the moment their IFZA Free Zone licence is issued. Day to day, iT & Software in IFZA Free Zone means software development, SaaS, app development, IT consulting and managed services, and it is licensed as a professional activity.
Why IFZA Free Zone
To be clear, one of the reasons our advice is to choose IFZA Free Zone is its Dubai address, which matters more than most business owners realise once the business is running. IFZA Free Zone licences are renewed annually with a simple online payment and updated passport copies, and GoldenKey sends a reminder 60 days before the due date.
How IFZA Free Zone works with GoldenKey
Step 1Consultation 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.
Step 2Name reservation and initial approval
Importantly, we submit your preferred trade names to IFZA Free Zone and secure initial approval, normally within a day or two of submission. This is also the point at which we answer any question specific to opening an IT and software company in the UAE as a South Korean founder.
Step 3Document submission and payment
With the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the registrar on your behalf.
Step 4Licence issued and next steps
IFZA Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction. Your portal shows the status of this step for opening an IT and software company in the UAE as a South Korean founder in real time.
Documents required
Gather these supporting documents and GoldenKey will take care of the rest of opening an IT and software company in the UAE as a South Korean founder.
- Portfolio or company profile
- A passport-size photograph on a white background
- Attested parent-company documents and a board resolution if the shareholder is a company
- A passport granted by South Korea with at least six months' validity
- A police clearance certificate from South Korea if the activity or the Golden Visa category requires it
- A short business plan or activity description for certain professional activities
Pricing
To be clear, all prices for opening an IT and software company in the UAE as a South Korean founder are indicative, shown in AED and confirmed in writing before you pay. To be clear, the figures below for opening an IT and software company in the UAE as a South Korean founder are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one.
Pricing available on request — message us for a written quotation.
Why the UAE
Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so opening an IT and software company in the UAE as a South Korean founder no longer requires a local partner. The dirham has been pegged to the US dollar since 1997, which removes currency risk for opening an IT and software company in the UAE as a South Korean founder and makes international pricing simple.
Why GoldenKey
Our quotations for opening an IT and software company in the UAE as a South Korean founder list every government fee and our service fee on one page, in writing, before you pay anything. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening an IT and software company in the UAE as a South Korean founder happen the same day they are ready. Most of our IFZA Free Zone customers come to us through referrals from other entrepreneurs, which is why we take pride in keeping every promise we put in writing.
On the ground, if you would like a written quotation for opening an IT and software company in the UAE as a South Korean founder, use the form below or message us on WhatsApp and we will respond as soon as possible.
Frequently asked questions
Do I need to visit the UAE to set up in IFZA Free Zone?
From day one, most IFZA Free Zone licences can be issued remotely with scanned supporting documents and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your UAE residence visa is processed.
What is the difference between an FZE and an FZCO in IFZA Free Zone?
An FZE has one shareholder and an FZCO has two or more. Both offer limited liability and 100% foreign ownership, and the fees in IFZA Free Zone are usually the same.
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 documents, and GoldenKey prepares the file and introduces you to a suitable bank.
Is it & software allowed in IFZA Free Zone?
Yes. South Koreans can own 100% of an IT and software company in the UAE. {brand} recommends IFZA Free Zone for this activity and confirms any sector approvals before you commit.
Can a South Korean citizen own 100% of a company in IFZA Free Zone?
Yes. South Koreans can own the full share capital of a IFZA Free Zone company with no local partner, exactly like any other nationality.


