Set Up Your Company with
Meydan Free Zone
Meydan Free Zone (MFZ) stands as a dynamic hub for business in Dubai, strategically located minutes from Downtown. With over 1,500 business activities to choose from, it provides entrepreneurs a diverse array of opportunities. Notably startup-friendly, MFZ operates under a Limited Liability Company license (LLC-FZ), ensuring seamless and cost-effective startup options. Entrepreneurs benefit from 100 percent foreign ownership, exemption from personal income tax, and recognized business licenses by the Ministry of Foreign Affairs (MOFA).
The zone emphasizes a paperless experience, integrating a digital platform for streamlined business processes. Modernized infrastructure, including flexi-desk options and dedicated offices, further enhances the appeal of Meydan Free Zone Company Setup.
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License Packages from Meydan Free Zone
- 100% foreign ownership
- 3 business activities/group
- Shared desk facility with all business packages included
- Zero paid up share capital
- 1,500 + license activities
- 24 hours office facility
- Company documents issued within a day
- Capital repatriation without restrictions
- 0% import or re-export duties
- 0% personal income tax
- Easy bank account setup
Advantages of Setting Up Your Business in Meydan Free Zone
Strategic Location
Firmz Free Zone, minutes from Downtown Dubai, offers prime access to import-export opportunities with over 1,500 business activities in a strategic location.
Access to State-of-the-art Infrastructure
Firmz Free Zone offers modern infrastructure, providing high-speed internet for increased productivity. Establish your company here for efficient operations and connectivity.
Digital Platform for Paperless Business Set-up
Firmz Free Zone promotes a paperless setup and operation. Its digital platform simplifies business processes, allowing centralized management of records and documents.
Ease of Business Set-up
Meydan Free Zone fosters startups, offering LLC-FZ licenses for seamless and cost-effective options, with 100% foreign ownership, tax exemptions, and modern infrastructure choices.
Explore Monthly Payment Plans with Selected Banks
Steps
- Make a minimum purchase of AED 1,000 using your credit card for any services provided by Firmz.
- Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
- Get the option of paying over 3, 6, 9 or 12 months
Types of Licenses Offered in Meydan Free Zone
Media License
Enables businesses to engage in advertising, marketing, web design, and printing activities, fostering a diverse range of creative and promotional ventures.
Service & Consultancy License
Service and Consultancy Licenses cover professional services like business consulting, accounting, real estate, human resources, and skilled professions.
Commercial License
Enables businesses in general trading, retail, and import-export. Meydan Free Zone doesn't provide warehouse space for physical product processing or storage.
Requirements for Obtaining a Meydan Free Zone License
Individual Shareholder
- 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
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
- Capital repatriation without restrictions
- 0% import or re-export duties
- 0% personal income tax
- Easy bank account setup
Steps in Setting Up Your Business in Meydan Free Zone
Establishing a business might be intricate, yet Firmz will guide you through the steps to streamline the process, minimizing time and costs.
Choose Business Activities
With over 1,500 business activities, Meydan Free Zone emphasizes the importance of identifying your business category to optimize benefits and incentives. You can select up to three activities per license.
Choose Company Name
To avoid registration delays, prepare at least three company names. Be cautious of existing registrations and ensure names avoid offensive or blasphemous language.
Apply for Trade License
To expedite registration, prepare a minimum of three company names to account for potential registrations. Additionally, note that offensive language is prohibited.
Apply for Visa
Prior to commencing work in the UAE, obtaining a visa is essential. Firmz can manage all your visa needs, including employees or family, ensuring a swift business initiation.
Open a Business Bank Account
Creating a business bank account is essential for transaction management and establishing credibility with clients and partners. Ensuring a straightforward process is a priority.