Set Up Your Company with
Meydan Free Zone
Meydan Free Zone (MFZ) is an economic free zone in the UAE, located in the heart of Dubai. Founded in 2009 under ruler’s Decree no. 5, MFZ is situated in one of Dubai’s most prestigious locations near Mohammed Bin Rashid Al Maktoum City and the Dubai Logistics Corridor.
MFZ is regarded as one of the most strategic locations for a company setup because of its close proximity to multiple and vital commercial hubs and access to significant locations, including the Dubai International Airport. MFZ is also situated near a wide range of commercial developments such as state-of-the-art facilities, parks, hospitals, schools, villa communities, sports facilities, entertainment hubs, and other established commercial industries which makes it more appealing to investors.
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Advantages of Setting Up Your Business
in Meydan Free Zone
in Meydan Free Zone
Strategic Location
Access to State-of-the-art Infrastructure
Digital Platform for Paperless Business Set-up
Ease of Business Set-up
- 100 percent foreign ownership
- No currency exchange requirements
- Exemption from personal income tax
- MOFA-recognized business licenses with easy bank account opening
- Modern infrastructure with flexi-desk options, dedicated offices, and meeting rooms
Types of Licenses Offered
in Meydan Free Zone
in Meydan Free Zone
These are the three (3) types of licenses offered under Meydan Free Zone.
Media License
Allows businesses to operate and engage in activities related to advertising, marketing, web design, and printing.
Service & Consultancy License
Service & Consultancy License
Service and Consultancy Licenses include professional services such as business and management consulting, accounting, real estate consultancy, human resources, technical services, and other professional services that rely on skills, ability, and talent.
Commercial License
Allows businesses to engage in general trading, retail services, and import and export activities. One significant highlight is that Meydan Free Zone does not offer warehouse space for businesses that process or store physical products and materials.
Requirements for
Obtaining a
Meydan Free Zone License
- Application forms duly signed by the authorised signatory
- 3-year business plan
- Passport and visa copy of shareholders / directors, and manager
- CV of shareholder (s) / directors / manager
- Stamped original bank reference letter; or 6-month bank statement
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Corporate Shareholder
- Application forms duly signed by the authorised signatory
- Audited financial report
- Copy of company profile
- 3-year business plan
- Letter from the shareholding company for the appointment of a manager
- Board resolution calling for the establishment of a Meydan Free Zone company, attachment of specimen signature, passport copy & power of attorney for manager, director & secretary
- Company documents issued within a day/li>
- Capital repatriation without restrictions
- 0% import or re-export duties/li>
- 0% personal income tax
- Easy bank account setup
Steps in Setting Up Your Business in Meydan Free Zone
Setting up a business can be a little complex, but Golden Business Zone will help you through these steps in establishing your company to minimise time and expenses.
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Choose Business Activities
Meydan Free Zone offers more than 1,500 business activities. It is very essential to know what category your business activity falls under to maximize the benefits and incentives you can get depending on your trade license. You can choose up to 3 business activities under one license. -
Choose Company Name
Before registering, it is better to have at least 3 company names prepared in order to prevent delays in case one organisation or company is already registered within your first company options. It is also good to keep in mind that any offensive or blasphemous language is not allowed. -
Apply for Trade License
Before registering, it is better to have at least 3 company names prepared in order to prevent delays in case one organisation or company is already registered within your first company options. It is also good to keep in mind that any offensive or blasphemous language is not allowed. -
Apply for Visa
Visa is needed before starting work in the UAE. Golden Business can also take care of all your visa requirements and processes, including your employees, or family to ensure smooth and quick commencement of business activities. -
Open a Business Bank Account
Opening a business bank account is mandatory for managing transactions and building credibility with clients and partners. Golden Business Zone ensures a seamless process for you.
