Meydan Freezone Company Setup

Meydan Freezone Company Setup

Meydan Business Setup

Meydan Free Zone company setup has established itself as a prime choice for businesses looking to tap into Dubai’s dynamic economy. Company formation in the Meydan free zone has been a popular option since the zone’s inception in 2009, as it provides a thriving environment for businesses seeking growth and innovation

With access to over 2,500 business activities, the Meydan free zone business setup accommodates companies across industries such as trading, logistics, technology, and services.

This comprehensive range of options makes it a strategic choice for entrepreneurs and established firms alike. The Meydan free zone business setup cost is tailored to suit various needs, making it a cost-effective solution for global participants.

The strategic location of the Meydan free zone in Nad Al Sheba offers businesses unparalleled access to critical infrastructure. Its proximity to Dubai International Airport, Al Maktoum International Airport, and the Dubai Logistics Corridor ensures seamless connectivity for businesses involved in logistics, trading, and e-commerce

The license cost in the Meydan free zone is competitive, enabling businesses to focus on expansion without excessive overheads. Meydan’s focus on innovation and technology has earned it the title of the Best Digital Free Zone in the UAE. Businesses benefit from cutting-edge digital services, enhancing operational efficiency. Additionally, Meydan’s recognition at the 2023 MarComm Awards across advertising, creativity, and design reflects its leadership in fostering a forward-thinking business environment.

Get Business Setup Cost in Dubai

Meydan Freezone Business Setup Advantages

State of the Art Infrastructure

State of the Art Infrastructure

The free zone boasts modern infrastructure, including customizable office spaces, warehouses, and advanced telecommunications facilities

Business Support Services

Business Support Services

Meydan Free Zone offers comprehensive business support services, including administrative assistance, visa processing, legal support, and access to networking events.

Industry Focus

Industry Focus

With a focus on sectors such as sports, entertainment, technology, and innovation, the jurisdiction provides customized facilities for the industries .

Strategic Location

Strategic Location

Meydan offers proximity to many commercial centers and key locations like the Dubai International Airport.

Full Foreign Ownership

Full Foreign Ownership

International businesses do not require a local Emirati sponsor to be a partner to operate in Meydan, maintaining 100% ownership.

Full Profit Repatriation

Full Profit Repatriation

Businesses are exempted from corporate tax and import & export excise duties

What are the Activities available in the Meydan Free Zone

The Meydan Free Zone offers a diverse range of activities across various industries. Some of the activities available include

Sports and Recreation - This includes sports facilities management, event management, sports consultancy, sports equipment trading, and recreational services.
Technology and Innovation - Activities such as software development, IT consultancy, hardware trading, e-commerce, digital marketing, and innovation services are available.
Hospitality and Tourism - Services related to hotel management, travel agencies, tour operators, restaurant management, and catering services are among the offerings.
Education and Training - Activities may include educational consultancy, training centers, language schools, and educational materials trading.
Logistics and Trading - Options such as logistics services, warehousing, distribution, import/export trading, and freight forwarding are available. for more chances.
Health and Wellness - This category encompasses healthcare services, medical equipment trading, pharmaceuticals, wellness centers, and beauty clinics.
Media and Entertainment - Activities such as media production, advertising agencies, event management, talent agencies, and entertainment venues are offered.
Real Estate and Construction - Services may include real estate development, property management, construction companies, architectural firms, and engineering consultancy.
Get Started

Meydan Freezone Business Setup Process

Timeline: 3 to 6 weeks

01 Choose Business Activity and Structure

Determine the type of business activity you want to undertake (commercial, professional, or industrial) and the legal structure (e.g., Free Zone Limited Liability Company (FZ-LLC).

02  Reserve Trade Name 

Ensure the desired trade name complies with the regulations and submit it for approval.

Takes 1 to 2 days

03  Submit Application for Initial Approval 

Complete the application form and submit it along with required documents.

Takes 2 to 3 days

04 Receive Initial Approval 

Once the documents are submitted, the free zone authority will review the application for initial approval.

Takes 3 to 5 days

05  Draft and Notarize Legal Documents

Prepare the Memorandum of Association (MoA) and other legal documents, have them notarized at a local notary public if necessary.

Takes 3 to 5 days

06 Choose Office Space (1-2 days)

Select from the available office solutions offered by Meydan.

Takes 1 to 2 days

07  Pay License Fees (1-2 days)

Pay the relevant fees for your business license and any office rental agreements.

Takes 1 to 2 days

08 Obtain Business License

Once all documents are in order and payments are made, receive your business license from Meydan Free Zone.

Takes 1 to 3 days

09Visa Application Process

Apply for residency visas for shareholders and employees as needed. 

Takes 2 to 4 weeks

Documents Required in Meydan Freezone

Required documents vary based on the legal structure of the business: FZE, FZCO and Branch Office.

Document Type FZE FZCO Branch Office
Application Form Required Required Required
Passport Copies Shareholder's copy (valid for 6 months) Copies of all shareholders (valid for 6 months) Parent company's representatives' copies (valid for 6 months)
Passport-Sized Photos 2-4 recent photos of shareholder 2-4 recent photos of each shareholder 2-4 recent photos of branch manager/representatives
Proof of Residence Required Required Required (local address)
Business Plan Required for some activities Required for some activities Not typically required
No Objection Certificate (NOC) Required if employed in UAE Required if employed in UAE NOC from parent company (if applicable)
Memorandum of Association (MOA) Draft MOA needed Draft MOA needed MOA from the parent company
Shareholders’ Resolutions Not applicable Required Not applicable
Corporate Documents Not applicable Required for corporate shareholders Parent company’s Certificate of Incorporation
Initial Approval Required for specific activities Required for specific activities Not typically required
Trade Name Reservation Required (if applicable) Required (if applicable) Not applicable

License available in Meydan Freezone

Commercial License -  Covers businesses conducting general trading, retail services, and import/export operations.
Service & Consultancy License -  Covers business advisory, management consulting, accounting, real estate consultancy, human resources, technical services, and other skilled professional services reliant on expertise, capability, and talent.
Media License - covers businesses involved in advertising, marketing, web development, and printing services.

Meydan Free Zone Business Setup Cost

The Meydan free zone Company Setup cost varies depending on the type of license required, with the starting price for all licenses set at AED 12,499. Opting for a Meydan business setup provides businesses with flexibility and cost-effective solutions, making it a preferred choice for entrepreneurs and companies alike

In addition to the license cost in the Meydan free zone, businesses must consider other potential expenses such as office space, which can vary significantly depending on location and size.

Also, for those exploring company formation in the Meydan Free Zone, it is essential to account for potential local sponsor fees, if applicable, as well as visa and permit costs, which contribute to the overall Meydan Free Zone business setup cost.

*Note: the price is an estimate and will vary in reality. To obtain a detailed and accurate cost breakdown for your Meydan free zone business setup, contact our expert consultants for tailored assistance.

Get Started Today

Ready to launch your Business?

No more guesswork - Get a clear and accurate cost estimate to start your Business in Dubai, UAE with our Exclusive Cost Calculator.

Frequently Asked Questions

What is the Meydan Freezone?
What are the benefits of setting up a company in Meydan Freezone?
What are the costs associated with setting up a company in Meydan Freezone?
 What types of licenses are available in Meydan Freezone?
What is the process for setting up a company in Meydan Freezone?
Are there any specific requirements for foreign investors in Meydan Freezone?