Meydan Free Zone

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About Meydan Free Zone

Meydan Free Zone is located in central Dubai, close to Downtown and the airport. It was created in 2009 and is part of the larger Meydan area, which includes hotels, sports venues, and business centers. It’s a great location for starting a company, especially for those looking for affordable licensing options and fast setup.

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Why Start Your Business in Meydan Free Zone?

Meydan Free Zone is in the center of Dubai, close to major areas like Downtown Dubai, Mohammed Bin Rashid Al Maktoum City, and the Dubai Logistics Corridor. This prime location makes it a great choice for businesses that want to be near the city’s commercial hubs.

It is one of the most affordable free zones in Dubai, attracting many international investors and startups. Companies in Meydan Free Zone enjoy full foreign ownership, zero corporate and personal tax, no currency restrictions, and the freedom to hire foreign workers. High-speed internet, flexible office options like shared desks, and no import or export duties make it easy and cost-effective to start and run your business.

Meydan Free Zone is located inside the famous Meydan Stadium, known for international horse racing events. The area also includes business parks, hotels, schools, hospitals, waterfront housing, and shopping centers creating a complete business and lifestyle environment.

Choosing Meydan Free Zone means more than just opening a company, it means joining a growing business community in one of the world’s most active and connected cities.

Benefits of Setting Up in Meydan Free Zone

Meydan Free Zone, located in Dubai, offers a range of benefits for companies looking to set up in a free zone. Here are several key advantages of establishing a business in the Meydan Free Zone.

These benefits make Meydan Free Zone an attractive option for entrepreneurs and businesses looking to establish a presence in Dubai. However, it is always advisable to consult with a local business advisor or legal expert to understand the specific requirements and latest regulations related to free zone company formation.

Enjoy complete control over your business with full ownership rights.
Conduct up to three business activities under a single license.
Access a fully equipped shared desk space with all business packages.
Start your business with zero upfront capital investment.
Choose from over 1,500 license activities tailored to your business needs.
Benefit from round-the-clock access to office facilities.
Get your company documents issued within just one day.
Repatriate profits and capital freely without any restrictions.
Save on costs with 0% duties on imports and re-exports.
Enjoy the advantage of 0% personal income tax.
Simplified processes for opening a bank account for your business.
Business Setup in Meydan Free Zone Dubai

Types of Licenses Offered in Meydan Free Zone

Meydan Free Zone provides various license options for different business activities, categorized into Commercial, Consultancy, and Media licenses.

  1. Commercial License is ideal for trading companies, allowing import, export, and distribution of goods. Meydan Free Zone does not offer warehouse facilities, making it suitable for businesses without storage space.
  2. Service License is ideal for businesses providing professional services, including management consulting, business advisory, human resources consultancy, and IT services, rather than goods.
  3. Industrial License is for businesses involved in manufacturing and industrial activities. It allows firms to produce, assemble, and process goods within the free zone.
  4. E-Commerce License is designed for online businesses, allowing them to sell products and services through digital platforms.
  5. Freelance License: This option allows freelance professionals to self-employment and offer services in design, marketing, and consultancy.
  6. Holding License: This license is for companies that intend to hold shares in other businesses or assets. It is mainly used for investments and managing a portfolio of assets.
  7. Media License: Intended for businesses involved in media-related activities, this licensing option allows for the establishment of media agencies, production houses, or advertising firms.
  8. Media License: Meydan Free Zone offers competitive licensing options for media businesses, including advertising, communications, and creative services, making it an ideal choice for freelancers and startups in central Dubai.

Types of Licenses Offered in Meydan Free Zone

  • License without visa: AED 12,500
  • License with 1 visa: AED 14,350
  • License with 2 visas: AED 16,200
  • Immigration card: AED 2,000
  • Visa (3 years): AED 3,500
  • Medical + Emirates ID: AED 2,250
  • Status change: AED 1,500
  • Extra business activity: AED 1,000

    Note:
    Adding more visa allocations is costly around AED 1,850 each and you can apply for up to 6 visas (It is allowed to have 3 activities for the set up of the license as long as they are on the same category/ group)
Immigration Card (valid for 1 year)2,000
Investor/ Partner/ Employment Visa (valid for 3 years)3,500
Medical & Emirates ID VIP AssistanceAED 2,250
Change StatusAED 1,500
Additional business activity/ groupAED 1,000

Requirements for Obtaining a Meydan Free Zone License

Individual Shareholder

Corporate Shareholder

Steps to Setting Up Your Business in Meydan Free Zone

  1. Select a Company Name: Preparing at least three potential company names is advisable to avoid delays if one of your choices is already registered. Ensure the names comply with regulations and do not contain offensive or blasphemous language.
  2. Choose Your Business Activities: Meydan Free Zone offers over 1,500 business activities. Identifying the correct category for your business is crucial to maximizing the benefits and incentives associated with your trade license. You can select up to three business activities under a single license.
  3. Apply for a Trade License: Once your business activities and company name are confirmed, the next step is to apply for your trade license. This essential document grants you the legal authority to operate your business within the Meydan Free Zone.
  4. Apply for a Visa: A visa is required before starting work in the UAE. Meydan free zone can handle all aspects of the visa application process for you, your employees, and your family, ensuring a smooth and efficient start to your business operations.
  5. Open a Business Bank Account: Opening a business bank account is essential for managing financial transactions and establishing credibility with clients and partners. Meydan Free Zone facilitates a seamless account setup process, ensuring your business is ready to operate efficiently.

Company Formation Services at Meydan Free Zone

At Meydan Free Zone, we offer end-to-end company formation services, providing you with access to exclusive benefits through our Meydan Plus package. Our offerings include:

License Issuance

We facilitate the swift and efficient issuance of all necessary business licenses.

Legal Entity Formation

We assist in setting up the legal entities required to operate within the Meydan Free Zone.

Shareholder Structure and Procedures

We guide you through defining and implementing your company’s shareholder structure.

Share Allocation

We ensure your shares are structured correctly and comply with all regulations.

Audit Process

Our team oversees auditing to ensure compliance with local standards.

Facility Acquisition

We help you secure the necessary facilities to operate your business.

Capital Investment Guidance

We advise capital investment strategies to support your business growth.

Visa Services

We manage all visa-related matters for you and your employees

Driving License and Other Services

We assist with issuing driving licenses and other necessary services.

Permitted Legal Entities in Meydan Free Zone

When considering company formation in the Meydan Free Zone, businesses can choose from several types of legal entities, each tailored to meet different operational needs. The following are the key permissible structures:

Sole Establishment

A Sole Establishment is a legal structure for individual entrepreneurs, allowing 100% ownership, a simple setup process, and full profit repatriation. It's ideal for small businesses, such as freelancers and consultants, and offers minimal bureaucratic hurdles.

Limited Liability Company (LLC)

The Limited Liability Company (LLC) structure offers limited liability protection for owners, allowing for collaborative ventures with 2-50 shareholders. It enhances credibility with clients and partners, and allows full profit repatriation without restrictions.

Branch of a Foreign Company

A branch of a foreign company allows international businesses to establish a presence in the Meydan Free Zone without creating a separate legal entity, allowing direct representation, no local partner requirement, and the ability to conduct business activities as the parent company.

Facilities Available in Meydan Free Zone

When establishing a presence in the Meydan Free Zone, businesses must adhere to specific facilities and presence requirements to ensure compliance with local regulations and to facilitate smooth operations. Below is an overview of the essential aspects related to facilities and operational presence:

Infrastructure and Amenities

Meydan Free Zone provides a range of modern infrastructure and amenities to support business operations:

Flexi-Desk Facility

Ideal for freelancers and small startups, providing a flexible workspace without the need for a dedicated office.

Private Offices

Designed for small to medium-sized enterprises seeking more privacy and dedicated space for their operations.

Warehousing Facilities

For companies engaged in trading and logistics, warehousing options are available to accommodate storage and distribution needs.
Meydan Free Zone Company Formation
Meydan Freezone Business Set Up Cost

Meydan Free Zone Company Liquidation or Cancellation

Company Liquidation in dubai or cancellation of a company is a significant step that businesses may need to undertake for various reasons, including changes in market conditions, financial difficulties, or strategic realignment. The process in the Meydan Free Zone is designed to ensure that it is handled efficiently and in compliance with local regulations. Below is an outline of the key considerations, processes, and requirements for company liquidation or cancellation.

Sr.

Job Description

Amount

1.

Business License Cancellation for Meydan License

AED 2,020 + Vat

2.

Liquidation Report (approximate)

AED 3000 + Vat

3.

Immigration Card Cancelation (if there’s any)

AED 2,000

4.

Service Charge

Contact us

If you’re planning to start a business in the UAE, there are several excellent options besides Meydan Free Zone. You can explore Ajman Free Zone for its affordable packages, RAKEZ Free Zone for its industrial and commercial benefits, IFZA Free Zone for flexible business activities, or Shams Free Zone for media and creative startups. Businesses looking for a broader market reach can choose Mainland Company Formation in Dubai to operate anywhere in the UAE and take on government contracts. To make the setup process smooth and hassle-free, you can also take advantage of our PRO Services in Dubai which cover all government paperwork, visa processing, and document clearance.

FREQUENTLY ASKED QUESTIONS

Do you have any question? Find answer here

What documents will I receive after my company's incorporation?

Upon registering a company in Meydan, you will receive a certificate of formation, business license, lease agreement, and Memorandum of Association (MoA).

What are the benefits of a Meydan Freezone license compared to other free zones in the UAE?

The Meydan free zone offers a significant advantage in digitized business registration processes.

Can I apply for a visa after my company has been incorporated?

After a company is incorporated, you can apply for a visa, provided you have the necessary immigration card and visa allocation.

Can I Own 100% Of My Company In the Meydan Free Zone?

Meydan Free Zone allows foreign investors to own 100% of their companies, creating an attractive business establishment and growth environment.

Are There Any Tax Advantages For Businesses In the Meydan Free Zone?

MFZ companies in the UAE are exempt from corporate taxes and are relieved from filing, maintaining accounting records, and reporting obligations.

Is Office Space Required For A Business Setup In Meydan Free Zone?

Businesses can opt for virtual offices instead of physical office space within the free zone, as it offers flexibility and convenience.

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