Free Zone

Businesses that operate from defined economic zones inside the UAE are known as free zone businesses. They are distinct from mainland firms in a number of respects. Most importantly, a foreign investor can hold 100% of a free zone firm in all situations.

Meydan free zone is one of the free zones in Dubai that provides a low-cost company establishment option. Meydan Free Zone attracts a large number of investors from all over the world who want to start a business there. Only flexi desks are available for the business setup in Meydan Free Zone, which is ideal for people who do not wish for a permanent physical office for their business. 

Meydan Free Zone is an excellent choice for freelancers or small companies due to its low licensing costs. It might also be a perfect option for people looking to start a business in the Dubai downtown area.

Characteristics of MEYDAN Free Zone

Characteristic Type Characteristic Trait
Company Type Free Zone Company (FZCO)
Governing Body Jebel Ali Free Zone Authority
Minimum Number of Shareholders 1
Minimum Number of Managers 1
Accounting and Book Keeping Requirements No
Renewal Date Annual Date of Incorporation
Corporate Taxation 0%
Visa Type Employment Visa Only
Ownership 100 Percent Foreign Ownership
Type of Activities Commercial/Service/
VAT Percentage 0%
Duty for Import and Export 0%
Duration For Company Formation 8 Days
Paid Up Capital No Paid Up Capital
Local Partner Required No

Documents Required

  • Color Passport Copy
  • Visa status copy / Entry stamp copy
  • Passport Size Photo
  • Other documents depending on the business activity

Banking Partners

Advantages of The Free Zone

Expats have 100% ownership

No paid-up share capital.

No limits on capital repatriation

No import or export tariffs

Zero Personal & Corporate Tax

Statistics

The Meydan project includes a wide range of commercial developments and the Meydan Stadium and company establishment in Meydan Free Zone. Meydan free zone also offers the investors to combine up to 3 business activities in their trade license. 

Let’s have a look at the information related to this free zone in a detailed manner: 

Founded in the Year 2009
No. of Business Activities 1500
Business Access Time 24*7
Governing Authority Meydan Free Zone
No. of Legal Entity 3

Company Formation in Free zones Ideal for

General Trading

E-Commerce

Information Technology

Consultancy

Registration Process

Complete the Application Form

Complete the Application Form

Submit Your Documents to the Authority

Submit Your Documents to the Authority

Obtain Your License

Obtain Your License

Obtain Your Residency Visa

Obtain Your Residency Visa

Open Your Bank Account

Open Your Bank Account

Terms and Conditions

*Duration is subject to the constraints of the due diligence procedure.

**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.

***The required documents must be provided for every individual related to the company.

Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.

Why Choose BSW

Business Setup Worldwide assists individuals and enterprises for company setup in Meydan free zone by assisting them in obtaining the appropriate government department documentation to accelerate their company registration in the UAE. Please contact us for further information on other main areas of business formation in Meydan, such as visa eligibility, audit requirements, facilities offered, and other regulations regulating company formation and registration.

FAQs

What are the licenses available in Meydan free zone?

  • Consulting license
  • Media license
  • Commercial license

What are the business entities in the Meydan free zone?

  • Sole Establishment
  • Limited Liability Companies
  • Branch Company

What is the company formation cost in the Meydan free zone?

AED 14,000. 

What does MFZ offer?

The Meydan Free Zone has commercial development spaces, state-of-the-art business parks, world-class hotels, entertainment, and amusement parks, residential villa communities, hospitals, sports centers, equestrian centers, and shopping destinations.

What are the required documents for a license in Meydan free zone?

  • Business plan
  • AOA and MOA
  • Registration fee
  • Bank reference letter
  • Address proof
  • CV of the shareholders
  • Passport copies