Meydan Free Zone
Where Ambitions Soar

| Emirates EBCS | April, 2024
meydan free zone

Meydan Free Zone

Established in 2009 by Decree No. 5 of the ruler, Meydan Free Zone (MFZ) stands as a prominent economic free zone nestled within Dubai’s vibrant landscape. Its strategic location places it at the heart of the city, adjacent to Mohammed Bin Rashid Al Maktoum City and the Dubai Logistics Corridor, enhancing its appeal to businesses seeking a prestigious hub in the UAE.

| Emirates EBCS | April, 2024

Due to its advantageous proximity to key commercial hubs and vital locations, including the Dubai International Airport, Meydan Free Zone (MFZ) is recognized as an exceptionally strategic destination for company setups. Positioned amidst a wealth of modern amenities and infrastructure, such as state-of-the-art facilities, parks, hospitals, schools, villa communities, sports facilities, and entertainment hubs, Meydan Free Zone holds undeniable appeal for investors seeking a prime location within Dubai's dynamic commercial landscape.

Meydan Free Zone: Why it's an Advantageous Location for Your Business

Strategic Location

Situated just moments away from Dubai's bustling Downtown area, Meydan Free Zone offers convenient access to a wealth of import and export trade opportunities. Its prime location near seaports, airports, and the city center provides businesses with a strategic advantage. With over 1,500 business activities to choose from, Meydan Free Zone presents a diverse array of options for entrepreneurs and investors alike.

Ease of Business Set-up

Meydan Free Zone stands out as a hub conducive to startups, with all enterprises functioning under a Limited Liability Company license issued by the Free Zone (LLC-FZ). This setup offers streamlined and economical avenues for startups, boasting features such as complete foreign ownership, freedom from currency exchange obligations, exemption from personal income tax, and business licenses recognized by the Ministry of Foreign Affairs (MOFA), facilitating straightforward bank account opening. Furthermore, the Free Zone provides modern infrastructure equipped with flexible desk options, dedicated offices, and meeting rooms, catering to diverse business needs.

Digital Platform for Paperless Business Set-up

Meydan Free Zone promotes a paperless approach for entrepreneurs during the setup and operation of their businesses. As a component of its digital evolution, its platform is crafted to streamline all business procedures, enabling centralized management of company records and documents.

Access to State-of-the-art Infrastructure

Meydan Free Zone showcases state-of-the-art infrastructure, providing advanced and modernized facilities. Setting up your company here grants you access to high-speed internet connectivity, enhancing employee productivity and operational efficiency.

MFZ

Types of License offered in
Meydan Free Zone

| Emirates EBCS | April, 2024

Media License

Enables businesses to conduct operations and participate in activities pertaining to advertising, marketing, web design, and printing.

| Emirates EBCS | April, 2024

Service & Consultancy License

Service and Consultancy Licenses encompass professional offerings such as business and management consulting, accounting, real estate consultancy, human resources, technical services, and other skill-based professional services.

| Emirates EBCS | April, 2024

Commercial License

Enables businesses to partake in general trading, retail services, and import and export endeavors. Notably, Meydan Free Zone does not provide warehouse facilities for businesses involved in the processing or storage of physical products and materials.

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

Steps in Setting Up Your Business in Meydan Free Zone

The steps are quite simple. Here’s how to open your company in the Meydan Free Zone

    Choose your business activities

    The free zone allows for a wide range of businesses to be set up with ease. Pick out the specific activities you wish to conduct, and we’ll help you choose the ideal Meydan Free Zone license type and setup option.

    Determine your trade name

    The business name for your Meydan Free Zone company must not already be in use by another firm. It also should not reference anything political or religious. Thus, it’s best to have at least a few options ready for a more hassle-free name registration process.

    Apply for your Meydan Free Zone Trade License

    Prepare the Meydan Free Zone license requirements needed for the entity type you’ve chosen and submit these to the Free Zone authority. They’ll examine your documents, get in touch for any discrepancies, and approve the license should you meet all the necessary criteria.

    Open a corporate bank account

    You may opt to open an account with either a local or an international UAE bank. Our team of experts will help you choose the best bank for your needs and guide you through the whole process.

    Secure your visas

    The next crucial step will be to secure Meydan Free Zone visas for your team, so you can begin your operations. We will be happy to assist you with the needed documents and the application process.