Meydan Freezone Company Setup

Meydan Freezone Company Setup

Meydan Business Setup

Meydan Free Zone, established in 2009, is a highly regarded economic free zone located in the heart of Dubai. Over the years, it has become a strategic hub for businesses from various sectors, offering a vibrant ecosystem for companies seeking growth and innovation. 

Businesses setting up in Meydan have access to an impressive array of 2,500+ business activities, covering a broad spectrum of industries. This flexibility allows companies from diverse sectors, including trading, logistics, technology, services, and more, to operate within the zone, making it an attractive destination for global participants across industries.

One of the key advantages of Meydan Free Zone is its prime location in Nad Al Sheba, a central area that provides easy access to critical infrastructure. Being in close proximity to two international airports—Dubai International Airport and Al Maktoum International Airport—as well as the Dubai Logistics Corridor, ensures that businesses operating in Meydan can benefit from seamless connectivity for the movement of goods and services. This strategic location further enhances Meydan’s appeal to companies involved in logistics, e-commerce, and trading activities, making it a hub for businesses that require efficient global transport links.

Meydan’s commitment to innovation and digital transformation has earned it several accolades, including the prestigious title of the Best Digital Free Zone in the UAE. This recognition highlights Meydan's dedication to providing businesses with cutting-edge digital services and a seamless user experience. In addition to this honor, Meydan Free Zone achieved significant success at the 2023 MarComm Awards, where it won awards in several categories such as product & service, advertising & marketing, and creativity & design. These awards underscore Meydan's leadership in fostering a modern, tech-savvy environment that caters to the evolving needs of businesses.

On the whole, Meydan Free Zone stands out as a key player in Dubai's business landscape, offering a dynamic and innovative environment for companies from around the world.

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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

There is no tax or restrictions on profits sent back to the home country.

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.
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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.

License Cost in Meydan Freezone

The cost of setting up a business in Meydan varies depending on the type of license you require, the starting price of all licenses is AED 12,499.

In addition to the license fees, other potential costs include office space, which can vary significantly based on location and size. Local sponsor fees if applicable and visa and permit costs also add to the overall expenses.

*Note the price is an estimate and will vary in reality. For an accurate cost breakdown, get in touch with our consultants.

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Frequently Asked Questions

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