Set Up Your Company in Meydan Free Zone

Meydan Free Zone (MFZ) is an economic free zone in the UAE, located in the heart of Dubai. Founded in 2009 under ruler’s Decree no. 5, MFZ is situated in one of Dubai’s most prestigious locations near Mohammed Bin Rashid Al Maktoum City and the Dubai Logistics Corridor.

MFZ is regarded as one of the most strategic locations for a company setup because of its close proximity to multiple and vital commercial hubs and access to significant locations, including the Dubai International Airport. MFZ is also situated near a wide range of commercial developments such as state-of-the-art facilities, parks, hospitals, schools, villa communities, sports facilities, entertainment hubs, and other established commercial industries which makes it more appealing to investors.

apid Zone offers License Packages from Meydan Free Zone

Easy bank account setup

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-hour office facility

Company documents are 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

Meydan Free Zone is centrally located minutes away from Dubai’s Downtown which gives access to many import and export trade opportunities. With an attractive location near seaports, airports, and the central city, MFZ gives you the chance to choose from over 1,500 business activities.

Access to State-of-the-art Infrastructure

Meydan Free Zone boasts modernised and advanced cutting-edge infrastructures. Establishing your company here would give you access to high-speed internet connection to increase employee productivity and operate efficiently.

Digital Platform for Paperless Business Set-up

Meydan Free Zone encourages entrepreneurs for a paperless experience when setting up and running their businesses. In fact, as part of its digital transformation, its platform is designed to simplify all business processes where one can manage all of the company’s records and business documents in a single place.

Ease of Business Set-up

Meydan Free Zone is startup-friendly, as all businesses operate under a Limited Liability Company license issued by the Free Zone (LLC-FZ). This provides seamless and cost-effective startup options, including: 100 percent foreign ownership No currency exchange requirements Exemption from personal income tax MOFA-recognized business licenses with easy bank account opening Modern infrastructure with flexi-desk options, dedicated offices, and meeting rooms

Explore Monthly Payment Plans with Selected Banks

Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued by any of our participating banks and repay in easy instalments over a period of 12 months.

Steps

Make a minimum purchase of AED 1,000 using your credit card for any services provided by Rapid Zone.

 

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

*General terms and conditions from the banks will be applicable.

Types of Licenses Offered in Meydan Free Zone

These are the three (3) types of licenses offered under Meydan Free Zone.

Media License

Allows businesses to operate and engage in activities related to advertising, marketing, web design, and printing.

Aviation License

Allows companies to carry out aviation-related services.

Commercial License

Allows businesses to engage in general trading, retail services, and import and export activities. One significant highlight is that Meydan Free Zone does not offer warehouse space for businesses that process or store 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 copies of shareholders/directors, and the 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 are 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

Setting up a business can be a little complex, but Rapidzone Zone will help you through these steps in establishing your company to minimise time and expenses.

Meydan Free Zone offers more than 1,500 business activities. It is very essential to know what category your business activity falls under to maximize the benefits and incentives you can get depending on your trade license. You can choose up to 3 business activities under one license.

Before registering, it is better to have at least 3 company names prepared in order to prevent delays in case one organisation or company is already registered within your first company options. It is also good to keep in mind that any offensive or blasphemous language is not allowed.

Before registering, it is better to have at least 3 company names prepared in order to prevent delays in case one organisation or company is already registered within your first company options. It is also good to keep in mind that any offensive or blasphemous language is not allowed.

Visa is needed before starting work in the UAE. Rapid Zone can also take care of all your visa requirements and processes, including your employees, or family to ensure smooth and quick commencement of business activities.

Opening a business bank account is mandatory for managing transactions and building credibility with clients and partners. Rapid Zone ensures a seamless process for you.