Meydan Freezone
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 in Meydan Hotel. It offers a very cost-effective company formation for a Freezone Company.
It also includes a wide range of commercial developments, sports centers, hotels, entertainment stations, a number of state-of-the-art facilities, business parks, hospitals, schools, residential villa communities, entertainment facilities, business towers with luxury port development, and shopping destinations.
Meydan Freezone is therefore considered one of the ideal destinations to set up your company. Apart from being a budget-friendly business location, it is strategically located with easy access to the Emirates logistics corridor, and surrounding airports and seaports.
Freelancers, investors, entrepreneurs, or businessmen looking to start a business choose this area for their business incorporation. And why? They can start their business without having to deposit capital or submit financial statements to have accounts audited. Apart from being 100% foreign-owned, they guarantee 100% tax exemption with no duty tax imposed on import and export. and places with no restrictions on hiring foreign workers.
So, if you want to start a business in Meydan Freezone, you need to turn to experts like us, Dahhan Business Services. We will take care of the entire process for you and guarantee a smooth procedure.
Why Meydan Freezone Area For Your Business Setup?
The process of setting up a business in Meydan Free Zone is very convenient, transparent, cost-effective, and streamlined.
Meydan Free Zone has been strategically established to meet the needs of start-ups, investors, and entrepreneurs. It offers affordable promotions to do business towards 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 Meydan Freezone for your business setup:
- 100% Foreign Ownership
- World Class Vibrant Community
- Easy establishment of business
- Strategically great choice of location and guaranteed 100% repatriation of invested capital and profits earned
- Seamless and efficient licensing and registration procedures
- Great and flexible facilities option
- Advanced support services
- High-speed internet connectivity
- 1500+ business license activities
Types Of Licenses Offered By The Meydan Freezone:
There are two types of licenses available at Meydan Freezone which are the following:
- Commercial
- Professional
Meydan Freezone offers different types of activities divided into trading, consulting, or media licenses.
Consulting Licenses
Trading Licenses
(import/export trading, and distribution of various types of goods)
Media Licenses
(all types of media, advertising and communication services)
The Meydan Freezone 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, Burj Khalifa, and Dubai Downtown.
Meydan Freezone Business Set Up Cost
| License without Visa | AED 12,500 |
| 1 Visa Allocation | AED 14, 350 |
| 2 Visas Allocation | AED 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 Meydan Freezone Establishing Company Formation
| Immigration Card (valid for 1 year) | 2,000 |
| Investor/ Partner/ Employment Visa (valid for 3 years) | 3,500 |
| Medical & Emirates ID VIP Assistance | AED 2,250 |
| Change Status | AED 1,500 |
| Additional business activity/ group | AED 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 Meydan Freezone Company Formation
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: All company documents should be notarized by issuing authority
Meydan Freezone Company Liquidation Or Cancelation
Approximate cost:
| Sr. | Job Description | Amount |
| 1. | Business License Cancellation for Meydan License | AED 2,020 + Vat |
| 2. | Liquidation Report (approximate) | AED 2,500 + Vat |
| 3. | Immigration Card Cancelation (if there’s any) | AED 2,000 |
| 4. | Service Charge | To be confirmed |
Why Choose Us For Your Company Setup
As your chosen company formation agents, we are available and ready to support you every step of the way; from initial inquiries to helping you choose a package, to get you through the registration of the license.
We make everything transparent and clear. Moreover, in this industry, we have provided a thousand budding entrepreneurs with company formation processes and expert advice which make everything easy for everyone who wishes to set up their dream business.
Here are related links to this article for your reference:
Get in touch with us!
Please leave your contact details so we can reach you easily.
Freezone
Subscribe to Newsletter
Dahhan Business Services
one-stop document processing center that provides its clients with document clearing PRO services, company establishment solutions, a trustworthy company local sponsorship, legal translation services, and trademark services.