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Company Formation in IHC – International Humanitarian City

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Company Formation in IHC -International Humanitarian City

International Humanitarian City (IHC) is a global humanitarian and aid hub which aims to facilitate aid and development efforts by providing local and international humanitarian actors with facilities and services specifically designed to meet their needs. IHC’s unique value proposition is a comprehensive offer combine with a strategic environment that capitalizes on Dubai’s incentives.

An independent free zone authority created by the Government of Dubai, IHC consolidates Dubai as an essential link in the humanitarian value chain. Leveraging the proven Dubai Free Zone Model, IHC addresses the specific needs of the humanitarian aid and development community while grouping them in a secure environment that fosters partnerships, social responsibility and global change. IHC believes that humanitarian operations will benefit from the integration of commercial suppliers of goods and services.

By co-locating nonprofit and commercial entities will be encouraged to share best practices to increase their operational efficiencies and improve institutional learning. IHC has been created to provide infrastructure, services and practical support to global and international humanitarian aid and development efforts, create solutions and champion best practices that improve the efficiency and effectiveness of humanitarian aid and development operations and offer global emergency response. Dubai is also thriving cosmopolitan city with a population made up of more than 150 nationalities. Combining high luring standards and a peaceful environment, Dubai has become the home for many international residents who benefit from modern amenities and a highly energetic and progressive culture.

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Company Formation in IHC - International Humanitarian City Inner

Key Benefits of Company Formation in International Humanitarian City (IHC)

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, service tax, import and export tax,
  • Strategic location
  • Logistics and transport advantages in maritime and air transport
Company Formation in IHC - International Humanitarian City Benefits

Characteristics of IHC Company Setup

International Humanitarian City, Dubai, (U.A.E.)

Humanitarian Aid & Relief, Humanitarian Development Services, Environmental & Natural Resources, Agriculture & Its Products, Logistics, Warehouse Management, Overseas International Freight Services, Service Provider, Consultancy, General Service, Management/Business Services, Vehicles Trading, Coordination & Liaison Offices And Regional HQ can be carried out in IHC.

Commercial License and Non Profit Organizations (NPO) are available options for IHC Company Setup

Free Zone-Limited Liability Company (FZ-LLC) and Branch

Shareholder for IHC Company Can be Individuals or Corporate entity

Individuals only (Minimum one. Shareholder can also be Director)

AED 10,000/- (10 shares of AED 1,000/- each) for FZ–LLC IHC Company Setup & AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Annual audit report is not to be filed in IHC

5 to 7 weeks to obtain license of the company and register a company in IHC

Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

Required Documents for Application

Documents Required for IHC Company Registration

The documents required for business set up in IHC depends on whether a shareholder is individual or corporate entity. Basic requirements are

  • Color passport copy,
  • Color UAE residence visa & emirates id copy,
  • Utility bill copy,
  • CV/Resume,
  • NOC from existing sponsor,
  • Business Plan

IHC Company Setup Process

  1. Identify the legal form of company to be registered in IHC,
  2. Select activity from IHC activity list,
  3. Apply for name and initial approval,
  4. Payment of fees related to IHC business set up,
  5. Sign IHC company registration and incorporation documents,
  6. Apply for IHC residence visa.

To know more about the complete requirements for company formation in IHC call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com

Procedure

Company Formation Cost in IHC – International Humanitarian City

IHC Commercial Company Setup begins from AED 20,765/-

Call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in IHC.

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note

Important Note

  • Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  • Company Immigration/Establishment card to be renewed every two years
  • Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-

How GBS Helps

Global Business Services FZCO has helped many individuals and corporate entities to set up their businesses in IHC. Our company acts as a one stop solution for IHC company incorporation services.

If you are looking for IHC International Humanitarian City company setup, please get in touch with us for professional assistance.

Call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in IHC.

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Alert
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
Why Choose GBS for Company Formation Services in UAE?

Why Choose GBS for Company Formation Services in UAE?

Understanding Clients’ Needs

Understanding Clients’ Needs

As the best business setup consultancy firm in UAE, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.

Flexible Pricing & Cost Transparency

Flexible Pricing & Cost Transparency

For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers

Years of Expertise

Years of Expertise

Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.

Work Track Record

Work Track Record

As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.

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