Meydan Free Zone

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Meydan Free Zone

Meydan Free Zone is a strategically located economic free zone in the UAE, nestled in the heart of Dubai. Established in 2009 under Ruler’s Decree No. 5, MFZ is positioned near the prestigious Mohammed Bin Rashid Al Maktoum City and the Dubai Logistics Corridor.

MFZ’s prime location makes it a highly attractive choice for business setup. It offers proximity to key commercial hubs and easy access to central locations, including Dubai International Airport.

The Free Zone is surrounded by many commercial developments, including cutting-edge facilities, parks, hospitals, schools, residential communities, sports complexes, entertainment centres, and other well-established industries, enhancing its appeal to investors.

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Why Choose Meydan Free Zone

Business Setup in Meydan Free Zone Dubai

Meydan Free Zone, strategically situated in the heart of Dubai, offers an ideal location for businesses seeking proximity to key areas such as Downtown Dubai, Mohammed Bin Rashid Al Maktoum City, and the Dubai Logistics Corridor. Its central position makes it a prime choice for entrepreneurs and investors looking to establish a presence in one of the world’s most dynamic cities.

As one of Dubai’s most cost-effective free zones, Meydan Free Zone attracts global investors by providing a range of compelling incentives. Businesses here enjoy 100% ownership, zero taxation, no currency restrictions, the ability to hire foreign labour, high-speed internet connectivity, and exemption from import and export duties. The Zone’s flexible desk solutions are particularly beneficial for companies that do not require a permanent physical office, offering convenience and reduced overhead costs.

Located within the iconic Meydan Stadium, renowned for hosting international horse racing events, the Meydan Free Zone is a key component of Dubai’s vision to connect with the world through sports and business. Beyond the free Zone, the expansive Meydan project includes various commercial and residential developments.

These include state-of-the-art business parks, luxury hotels, entertainment venues, hospitals, schools, waterfront residences, and premium shopping destinations to support a thriving business community.

By choosing Meydan Free Zone, you are not just setting up a business; you are positioning your company within a vibrant ecosystem that offers unparalleled opportunities for growth and success in Dubai’s competitive market.

WHY CHOOSE Meydand free zone

Meydan Free Zone Company Formation Benefits

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.

Our Services

Business Setup in Dubai
Business Setup in Sharjah
Business Setup in Ajman
Umm al Quwain Start up
Free Zone Registartion
PRO Services Dubai
Bookkeeping Services
Tax Registration in UAE
VAT Registration in UAE
Bank Account Assistance
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    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.

    Meydan Freezone Business Set Up Cost

    License without VisaAED 12,500
    1 Visa AllocationAED 14, 350
    2 Visas AllocationAED 16,200
    1. Adding more visa allocations is costly around AED 1,850 each and you can apply for up to 6 visas.
    2. (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

    Startup Business in Dubai Meydan Free Zone

    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 and Presence Requirements 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

    Liquidation 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

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    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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