Wed. Jun 19th, 2024
Business Setup

Business setup Meydan Free Zone

The Meydan Free Zone (Meydan free zone), founded in February 2009, offers a smooth and efficient business environment for startups at one of the best and most renowned addresses in Dubai.

The Meydan Free Zone has been developed around the prestigious Dubai Racecourse near downtown Dubai and offers an option to start a business Offers full free zone incentives such as 100% ownership, no taxes, no currency restrictions, the option to foreign Hiring manpower, high-speed internet connectivity, no import and export taxes and Flexi desktop options which is very convenient for those who do not need a fixed physical office for their business.

The Meydan Free Zone is a creative product of the Government of Dubai with the aim of connecting the region by celebrating world-class events worldwide. Meydan Free Zone also encompasses a wide range of commercial activities. Developments, sports centers, hotels, entertainment stations, and a variety of state-of-the-art facilities.

The Meydan Free Zone is strategically located in the Meydan Hotel. The Free Zone overlooks the famous Meydan Racecourse, known for world-class attractions like the Dubai World Cup, The Track, Meydan Golf, and other events.

 Meydan Free Zone Dubai shows everything you need to start and grow your business. The city is home to start-ups, SMEs, and multinational corporations from a wide variety of industries with a dynamic mix of private and state-owned companies.

Types of licenses available in the Meydan Free Zone

There are 3 types of licenses in Meydan free zone:

  • Commercial license

Allows import and export, trade-in various goods and services. This free zone has not yet started to provide storage facilities.

  • Consulting license

Allows professionals to have resources and advice.

  • Media license

Covers media activities such as advertising, marketing, and communication.

Business activity permitted in the Meydan Free Zone

  • Trade
  • Import and export of goods
  • Consulting and professional services
  • Advertising
  • Marketing and communication

Types of business units that are permitted in Meydan free zone

The following types of business units are permitted in Meydan free zone:

  • Single branch (FZ )
  • Limited Liability Company (LLCFZ)
  • Zweig / Representative Office
  • Advantages of establishing a company in Meydan free zone
  • 100% foreign property
  • Returning € 100
  • Flexible installation options
  • No currency restrictions
  • Ideal for startups and SMEs
  • No main deposit conditions
  • Convenient application companies and employees

company set up in the Meydan free zone?

You need to gather the required documents, representation up the business plan including financial projections, obtaining prior approval for the business from the Free Zone Immigration Service. , Signing the deed of incorporation, issuing a deed of incorporation and license, and then issuing visas. The exact description of the procedure is as follows:

In the first step, fill out the application form and submit the required documents. You can submit the application online or by e-mail

Payment of the processing fee set by the Meydan Free Zone authorities

Register your company name with the registrar

After all documents and initial authorizations have been processed You must request an appointment at the Meydan free zone to register your free zone company. This step takes about 12 weeks.

Next, sign and testify to the Association (AOA), the Memorandum of Association (MOA), and the leasing contract of all shareholders against the Meydan free zone officer,

the last step is to obtain all necessary external approvals.