MEYDAN FREE ZONE2024-10-03T15:27:26+04:00

UAE MAINLAND

MEYDAN FREE ZONE

What is the significance of having a UAE mainland firm, and what does it represent?

Meydan Free Zone (MFZ), which is centered around the well-known Racetrack in Dubai, is among the most reasonably priced places to establish and operate a business.

MEYDAN FREE ZONE

UAE Mainland

Meydan Free Zone (MFZ), which is centered around the well-known Racetrack in Dubai, is among the most reasonably priced places to establish and operate a business.

What is the significance of having a UAE mainland firm, and what does it represent?

The free zone, which is in the middle of Dubai, has expanded to include a sizable commercial sector that is home to residences, hotels, entertainment venues, and commercial structures. Meydan Free Zone is established in 2009, is one of the most prominent business addresses in the region and is a thriving, well-located economic center. Moreover, it takes 15 minutes to get to Dubai International Airport, and from The Meydan Hotel, it has quick access to Sheikh Zayed Road and Downtown Dubai. You will also have access to frequent networking events and a fully equipped business center as a member of the Meydan Free Zone family. 

The perfect environment to help you achieve your goals and put yourself up for success in business. Also, MFZ provides flexible workplace spaces in a setting that promotes output and performance. 

Supporting the growth of entrepreneurs with low-cost businesses is the main goal of this free zone. Also, foreign investment in the Middle East’s international horse racing and sporting industries is now feasible through the Free Zone Authority. 

Meydan FZ offers a wide range of activity groups, with over 1500 activities accessible. Activities explicitly included in this area include advertising, specialized design, photography, creative arts, and entertainment.  Education & Training activity categories include coaching, recreational sports, and education from pre-primary through secondary and higher education. Financial intermediation, tax advice, bookkeeping, accounting, and auditing procedures are all included in this well-known activity area. The pursuits of holding companies comprise this in-demand activity category. The ease of administration and tax benefits of this activity group draw in a diverse pool of investors. 

 

Advantages Of Business Setup in Meydan Free Zone

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Meydan Freezone For Your Company Formation?

Meydan Free Zone is a very affordable company setup alternative. It provides full free zone benefits like complete ownership, no personal taxes, no currency limitations, the ability to hire foreign workers, high-speed internet access, no import and export duty taxes, and flexible desk options—a very useful feature for people who don’t need a physical office for their business.

The Dubai government created the innovative Meydan Free Zone, which is ideally situated inside the Meydan Stadium and aims to organize world-class events that will connect the region globally. And the Meydan project has several modern facilities, hotels, entertainment venues, commercial developments, sports complexes, and Meydan Stadium in addition to the Meydan Free Zone which aids to maintain your success here.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Meydan Freezone

Is there flexibility in lease terms and office space options?2024-07-10T07:06:24+04:00

Yes, Meydan Freezone offers flexible lease terms and a variety of office space options to suit different business needs.

What are the licenses provided by Meydan freezone?2024-07-10T07:06:52+04:00

Meydan Freezone provides a variety of licenses tailored to different business activities, including Commercial License, Service License, Consultancy License, Industrial License, Freelancer Permit.

How many directors will be allowed on the license?2024-07-10T07:07:17+04:00

A maximum of 4 directors are allowed on a single license. This limit ensures modernised management and loyalty to regulatory requirements within the freezone’s operational framework.

Why should you invest in Meydan?2024-07-10T07:07:46+04:00

A modern economic free zone in the heart of Dubai, Meydan is close to the most important landmarks of the emirate, which gives investors several strategic benefits.

How does Meydan Freezone simplify the process of opening a bank account for businesses?2024-07-10T07:08:14+04:00

Meydan Freezone ensures a hassle-free experience for businesses looking to open a bank account by providing guaranteed support and services. Whether you are a startup or an established enterprise, our dedicated team assists in navigating the requirements, ensuring smooth financial operations aligned with your business goals.

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