Set Up Your Company with
Meydan Free Zone
Advantages of Setting Up Your Businessin Meydan Free Zone
Meydan Free Zone offers a range of advantages for businesses aiming to thrive in Dubai. From streamlined setup processes to tax incentives and strategic location, Meydan provides an ideal environment for growth. With its business-friendly policies and commitment to excellence, Meydan Free Zone empowers businesses of all sizes to succeed in the vibrant landscape of Dubai.
Strategic Location
Meydan Free Zone is centrally located minutes away from Dubai’s Downtown which gives access to many import and export trade opportunities. With an attractive location near seaports, airports, and the central city, MFZ gives you the chance to choose from over 1,500 business activities.
Access to State-of-the-art Infrastructure
Meydan Free Zone boasts modernised and advanced cutting-edge infrastructures. Establishing your company here would give you access to high-speed internet connection to increase employee productivity and operate efficiently.
Digital Platform for Paperless Business Set-up
Meydan Free Zone encourages entrepreneurs for a paperless experience when setting up and running their businesses. In fact, as part of its digital transformation, its platform is designed to simplify all business processes where one can manage all of the company’s records and business documents in a single place.
Ease of Business Set-up
Meydan Free Zone is startup-friendly, as all businesses operate under a Limited Liability Company license issued by the Free Zone (LLC-FZ). This provides seamless and cost-effective startup options, including:
- 100 percent foreign ownership
- No currency exchange requirements
- Exemption from personal income tax
- MOFA-recognized business licenses with easy bank account opening
- Modern infrastructure with flexi-desk options, dedicated offices, and meeting rooms
Types of Licenses Offered in Meydan Free Zone
Requirements for Obtaining a Meydan Free Zone License
Individual Shareholder
- Application forms duly signed by the authorised signatory
- 3-year business plan
- Passport and visa copy of shareholders / directors, and manager
- CV of shareholder (s) / directors / manager
- Stamped original bank reference letter; or 6-month bank statement
Corporate Shareholder
- Application forms duly signed by the authorised signatory
- Audited financial report
- Copy of company profile
- 3-year business plan
- Letter from the shareholding company for the appointment of a manager
- Board resolution calling for the establishment of a Meydan Free Zone company, attachment of specimen signature, passport copy & power of attorney for manager, director & secretary
- Company documents issued within a day
- Capital repatriation without restrictions
- 0% import or re-export duties
- 0% personal income tax
- Easy bank account setup
Steps in Setting Up Your Business in Meydan Free Zone
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Choose Business Activities
Meydan Free Zone offers more than 1,500 business activities. It is very essential to know what category your business activity falls under to maximize the benefits and incentives you can get depending on your trade license. You can choose up to 3 business activities under one license.
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Choose Company Name
Before registering, it is better to have at least 3 company names prepared in order to prevent delays in case one organisation or company is already registered within your first company options. It is also good to keep in mind that any offensive or blasphemous language is not allowed.
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Apply for Trade License
Before registering, it is better to have at least 3 company names prepared in order to prevent delays in case one organisation or company is already registered within your first company options. It is also good to keep in mind that any offensive or blasphemous language is not allowed.
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Apply for Visa
Visa is needed before starting work in the UAE. Creative Zone can also take care of all your visa requirements and processes, including your employees, or family to ensure smooth and quick commencement of business activities.
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Open a Business Bank Account
Opening a business bank account is mandatory for managing transactions and building credibility with clients and partners. Creative Zone ensures a seamless process for you.