Business Formation in Meydan Free Zone

Meydan Free Zone is one of the most cost-efficient choices for business setups and startups developed near the Racecourse in Dubai. It offers you a wide range of business activities and different trade license types. 

Start Your Meydan Free Zone Company in Dubai!

Meydan Free Zone Authority offers a straightforward and easier process for business setup. It enables you to establish your business and conduct your chosen business activities within a few working days.

Get full ownership, 100% profit repatriation on capital and gains, full access to warehouse facilities, world-class infrastructure, and many other advantages when setting up your new business journey in the Meydan Free Zone.

Meydan Freezone is in Downtown Dubai and highly developed. Moreover, this freezone is fully packed with commercial buildings including luxurious hotels, sports areas, entertainment-based venues, and other residential buildings. It was developed in 2009 with a goal to build more successful businesses. Now it is considered as the most prominent free zone promoting foreign investment near Racecourse of Dubai.

Choose the best business setup consultancy in Dubai, Emirates Business Setup, for getting expert guidance and initial free consultation when starting your new business setup in UAE.

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Benefits of Meydan Free Zone

Setting up a company in this free zone offers numerous advantages:

100% full ownership

Low Tax Rates

Numerous Business Activities

Strategic Location

Cost-effective Business Setup

Affordable workspace

Near to DXB Airport

No Currency Restrictions

International Reach

World-class Community

Bank Account Opening Services

License Renewal Services

Getting a Trade License in the Meydan Free Zone

To obtain a trade license in Dubai Free Zones, especially in Meydan Free Zone, businesses must follow the regulations set forth by the Meydan Free Zone Authority. The process typically involves submitting a completed application along with the necessary supporting documents. The required documents include a business plan, passport copies, and proof of address. Additionally, business owners may require physical office space after setting up business in UAE free zones. But it is not mandatory to secure a physical office space. It is up to the business owners. They can get the flexi desk options within the Meydan free zone or outside as well. If the office space is required, then we need to obtain the appropriate permits and clearances.

The types of licenses offered by Meydan Free Zone include:

Night view of Dubai

Trade License Renewal in MFZ

If you are tired of tracking the renewal dates of trade licenses in Dubai, UAE? Do not worry, as Emirates Business Setup offers business setup services in Dubai. We take care of your trade licensing renewals, make sure to update you before they expire, and renew them timely while saving you time and cost.

Steps of Company Formation in Meydan Free Zone

There are five steps to open your business setup in Meydan Free Zone as an entrepreneur such as:

Choose a Right Business Activity

Make sure to choose the right business activity to conduct your business.

Choosing a Trade Name

Give three trade names for your company and get one approved by the MFZ authority.

Document Preparation

Ensure to submit all the documents required of all the shareholders to the relevant authorities.

Obtain your business license

Obtain all the required security approvals and then get your business license for Meydan Free Zone.

Choosing Office Space

Office space is not mandatory and depends on the client's needs if they require one.

Legal Requirements

Meydan Free Zone offers so many benefits if you are interested in starting a free zone business. But so, there are some limitations, two of them are: 

Limited Visa Quotas

If you are obtaining a business license from Meydan Freezone, then make sure to check the visa quotas. As per Free Zone rules, you can take up to six visa quotas with the Meydan Free Zone business license. In case you need to take more visa quotas, then it is compulsory to get an office space either inside or outside the Meydan Free Zone.

Right Trade License

In the Meydan Free Zone, obtaining the right type of business license is a legal requirement for operating the right business activities. The license is necessary to ensure compliance with the regulations and laws of the free zone. Failure to obtain a business license or its due renewal can result in penalties and hefty fines.

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