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Meydan Freezone

by | Nov 10, 2021 | Blogs

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Meydan Free Zone is strategically established to meet the needs of start-ups from investors, and entrepreneurs.

Meydan Freezone (MFZ) was established in February 2009 and is located within the Meydan Hotel complex. It offers a cost-effective option forย setting up a free zone company.

Meydan features a diverse range of commercial developments, including sports centers, hotels, entertainment venues, state-of-the-art facilities, business parks, hospitals, schools, residential communities, entertainment facilities, business towers with luxury port development, and shopping destinations. MFZ is an ideal location forย company setupย due to its budget-friendly nature and strategic location, providing easy access to the Emirates logistics corridor and nearby airports and seaports.

Freelancers, investors, entrepreneurs, and businessmen often choose Meydan forย business incorporationย due to its attractive features. They can start a business without requiring initial capital deposits or audited financial statements. Additionally, Meydan Business Setup offers 100% foreign ownership, 100% tax exemption, no import or export duties, and no restrictions on hiring foreign workers.ย If youโ€™re considering starting a business in MFZ our team at Dahhan Business Services can guide you through the entire process, ensuring a smooth and efficient experience.

Why Meydan Freezone Area For Your Business Setup?

Meydan Free Zone is strategically established to meet the needs of start-ups from investors, and entrepreneurs.

The process ofย setting up a business in the Meydan Freezone is very convenient, transparent, cost-effective, and streamlined.

MFZ has been strategically established to meet the needs of start-ups, investors, and entrepreneurs. It offers affordable promotions to do business toward success and access to exceptional talent, entrepreneurial expertise, excellent business networks, and a wide range of start-up support services.

Moreover, it is minutes away from the Dubai International Airport, the famous Burj Khalifa, and Dubai Downtown.

Here are the following advantages on why you should choose MFZ for your business setup:

Number 1

100% foreign ownership

Number 2 1

World class vibrant community

Number 3 1

Easy establishment of business

Number 4

Strategicallyย great choice of locationย and guaranteedย 100% repatriationย of invested capital and profits earned

Number 5

Seamless and efficient licensing and registration procedures

Number 6

Great and flexible facilities option

Number 7

Advanced support services

Number 8

High-speed internet connectivity

9 1

1500+ business license activities

Types Of Licenses Offered By The Meydan Freezone

Number 1

Commercial

Number 2 1

Professional

MFZ offers different types of activities divided into trading, consulting, or media licenses.

Consulting Licenses

  • ๏˜Management Services
  • ๏‚ฑBusiness Services
  • ๏ŠตHuman Resources
  • ๏—ผIT Consulting
  • ๏‰ŽLegal Consulting
  • ๏ƒบHealthcare Consulting
  • ๏†ธEnvironmental Consulting
  • ๏ ฏOther Professional Activities

    Trading Licenses

    • ๏žœGeneral Trading
    • ๏‹งFood Trading
    • ๏Electronics Trading
    • ๏•†Textile Trading
    • ๏†นAutomotive Trading
    • ๏ƒนMedical Equipment Trading
    • ๏›ฃBuilding Materials Trading
    • ๏•“Fashion and Apparel Trading
    • ๎คBeauty and Cosmetics Trading
    • ๏ŽฅJewelry Trading

    (import/export trading, and distribution of various types of goods)

    Media Licenses

    • ๏”˜Publishing
    • ๎ƒบPrinting
    • ๏‰ฌAdvertising
    • ๏กผMedia Production
    • ๏€ฝFilm Production
    • ๏‚กBroadcasting
    • ๏‹ŽRadio Station
    • ๏Ÿ€Television Channel
    • ๎€†Digital Media
    • ๏‰ดEvents Management

    (all types of media, advertising and communication services)

    MFZ is an ideal solution for freelancers or small start-ups as it offers very competitive licensing options. It can also be an ideal solution for those looking to start near Dubai City Center,ย Burj Khalifa, andย Dubai Downtown.

    Meydan Freezone Business Set-Up Cost

    License without VisaAED 12,500
    1 Visa AllocationAED 14, 350
    2 Visas AllocationAED 16,200

    Adding more visa allocations is costly around AED 1,850 each and you can apply for up to 6 visas.

    Other Extra Charges For MFZ Establishing Company Formation

    Immigration Card (valid for 1 year)2,000
    Investor/Partner/Employment Visa (valid for 2 years)3,500
    Medical & Emirates ID VIP AssistanceAED 2,250
    Change StatusAED 1,500
    Additional business activity/groupAED 1,000

    (It is allowed to have 3 activities for the set up of the license as long as they are on the same category/ group)

    Requirements for the MFZ Business Setup

    Individual

    • ๏˜Passport Copy
    • ๏˜Photo (Passport Size)
    • ๏˜Residence Visa Copy
    • ๏˜Emirates ID copy (if applicable)

      Corporate

      • ๏˜Certificate of Incorporation
      • ๏˜Certificate of Incumbency or equivalent (issued within the last 3 months)
      • ๏˜Memorandum of Association
      • ๏˜Board Resolution

      Note:ย All company documents should be notarized by the issuing authority

      MFZ Company Liquidation Or Cancelation

      Approximate cost:

      Sr.Job DescriptionAmount
      1.Business License Cancellation for Meydan LicenseAED 2,020 + Vat
      2.Liquidation Report (approximate)AED 2,500 + Vat
      3.Immigration Card Cancelation (if thereโ€™s any)AED 2,000
      4.Service ChargeTo be confirmed

      Why Choose Us For Your Company Setup

      As your chosen company formation agents, we are dedicated to supporting you throughout the entire process, from initial inquiries to package selection and license registration.ย We strive for transparency and clarity in all our interactions. With years of experience, weโ€™ve assisted countless entrepreneurs in establishing their dream businesses, providing expert guidance and support at every stage.

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