Meydan Free Zone Business Set Up
Meydan Free Zone is a magnet for investors and businessmen because of its strategic location in the heart of Dubai. The Free Zone has close proximity to the city’s business district, which is home to international and global brands.
Meydan FZ is a premier business destination in Dubai, offering state-of-the-art infrastructure, strategic location, and a thriving business environment. Established with the vision of attracting global investments and fostering economic growth, Meydan Free Zone provides a conducive environment for businesses to flourish.
Despite being situated in Dubai, Meydan Free Zone offers the lowest Dubai free zone company formation cost among other zones. This is why investors flock to the area for setting up their companies and it is a hot spot for entrepreneurs and freelancers.
The free zone has a lot to offer in terms of business formation and financial incentives. If you are planning to set up your business in Dubai, Meydan might be your ultimate destination.
Why Set Up a Business in Meydan Free Zone?
Meydan Free Zone stands out as an ideal location for business setup due to its strategic location, modern infrastructure, and business-friendly policies. Its proximity to key commercial hubs and major transport links makes it an attractive destination for entrepreneurs and investors looking to capitalize on the vibrant economy of Dubai.
The free zone authority has minimum requirements for company setup, making it ideal for entrepreneurs and individual investors. Moreover, you can choose from over 1500 business activities in the Meydan Free Zone, offering plenty of opportunities for growth.
Benefits of Setting Up a Company in Meydan Free Zone
- 100% foreign ownership
- 100% repatriation of capital and profits
- 0% corporate/ personal income tax
- No duties on imports and exports
- No minimum capital requirements
- Ease of business setup
- Easy bank account setup
- Choose from 1500 business activities
- 24-hour visa services
- Cost-effective business setup
- Digital business setup
- state-of-the-art infrastructure
Business License Types in Meydan Free Zone
Meydan Free Zone offers business licenses supporting more than 1500 activities.
Meydan FZ offers a variety of business activities and licenses. The authority issues business licenses within three to five working days, thus offering one of the fastest company registration in Dubai free zones.
These MOFA-approved licenses generally fall under three categories:
- Service and Consulting License: Ideal for businesses offering professional consulting services in various sectors such as accounting, IT, management, and more.
- Commercial License: Suitable for companies involved in trading and commercial activities such as retail, import, export, and trading of goods.
- Media License: Designed for businesses operating in the media, marketing, and entertainment industries, including advertising, social media, marketing & more.
Business Activities Allowed in Meydan Free Zone
Meydan Free Zone supports a wide range of business activities, including but not limited to:
- Trading and commercial activities
- Media and Marketing
- E-Commerce
- Event Management
- Education and training
- Professional and consulting services
- Holding
- Financial
- Infrastructure
- Legal
- Logistics and Transport
- Management
- Real Estate
- Hospitality
- Human Resource
Types of Legal Entities That Can Operate in Meydan Free Zone
Meydan FZ offers a variety of business activities and licenses. The free zone allows the incorporation of different types of legal entities, including:
- Free Zone Limited Liability Company (FZ-LLC): A separate legal entity with limited liability, suitable for both individual and corporate shareholders.
- Branch of a Foreign Company: Allows foreign companies to establish a branch in Meydan Free Zone without forming a separate legal entity.
- Branch of a UAE Company: Enables existing UAE companies to expand their operations within Meydan Free Zone.
How to Setup a Company in Meydan Free Zone [Steps]
Let us take a look at the step-by-step guide on how to set up your business in the Meydan Free Zone:
Choose a Business Activity and Trade Name
Determine the type of business activity you wish to conduct in Meydan Free Zone. Select a business trade name that aligns with your business objectives.
Select a Legal Structure
Decide on the appropriate legal structure for your business (FZ-LLC, branch of a foreign company, or branch of a UAE company).
Apply for a License
Submit your application to the Meydan Free Zone Authority for the relevant business license (consulting, commercial, or media). Make sure to submit all the required documents.
Initial Approval
After submitting the documents and the application form, you will get initial approval from the MFZ authorities.
Register Your Company
Complete the registration process by submitting the required documents and paying the necessary fees.
Open a Corporate Bank Account
Open a corporate bank account to ensure seamless financial transactions. We offer complete support, making it easier for you to open a bank account.
Obtain License and Start Operations
Once your application is approved, collect your business license and commence operations in the Meydan Free Zone.
Get Expert Help From Solutions FZCO Business Consultants
Setting up a business in Meydan Free Zone can be a seamless process with the right guidance. Solutions FZCO is here to assist you every step of the way.
Our team of experts will help you navigate the complexities of company formation, ensuring a smooth and efficient setup process.
Contact us today to get started on your business journey in Meydan Free Zone, Dubai.
