Meydan Free Zone Business Setup

Are you looking to start a business in one of the most welcoming nations for foreign investors in the Middle East? Let our trusted Enterslice consultants ensure easy Meydan Free Zone Business Setup within 1 to 5 working days.

Our Company Registration Package

40% Off

  • Business Name Reservation
  • 3 Business Activities
  • Corporate Bank Account Opening
  • Free Compliance Support for 1 Year
  • Trade License for 1 Year
  • Emirates ID
  • Residence Visa for 2 Years
  • Auditing Services

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20,000+ Companies Registered

20,000+

Companies Registered

 
200+ Consultants

200+

Consultants

 
40+ Years of Community Experience

40+

Years of Community
Experience

 
100+ Cities

100+

Cities 

Build your Business Legacy in Dubai’s Meydan Free Zone

Meydan Free Zone Business Setup with Enterslice

1-5 Days

Business Incorporation

No

Travel Required?

2-4 Weeks

Bank Account Opening

No

Local Director

Role of Enterslice in Meydan Free Zone Business Setup

 

Meydan free zone business setup is ideal for foreign entrepreneurs seeking international exposure. At Enterslice, we are here to assist you with a paperless MFZ business setup in Dubai. Now, no need to travel and run government offices. Our Enterslice consultants will look after everything on your behalf.

With its access to robust infrastructure, a network of local business communities, no taxes on income, duty-free flow of goods and services, a skilled workforce, and over 2500 business choices, the Meydan free zone offers seamless company formation for foreigners.

Enterslice will help you make a business plan, select a company structure, reserve the business name, notarize and submit documents, obtain a license, acquire visa permits, and fulfil annual trade obligations.

Features of Company Formation in Meydan Free Zone

Given below are the features of company Meydan Free Zone-

  • Serves as a central hub for trade between Asia, Africa, and Europe
  • 100% foreign ownership
  • Zero income tax on qualifying income
  • Duty-free import and export, movement, and storage of goods and services
  • VAT-exempt treatment of products and facilities
  • Trade license approval and renewal in 60 minutes via “the Fawri Platform”

Requirements of Meydan Free Zone Business Setup

 

The list of legal requirements for the Meydan free zone business setup is as follows:

  • Selection of Business Activity & Structure

    You should choose a legitimate business activity, namely commercial, industrial, or professional services. Global businesses seeking company formation in the Meydan free zone must choose the most suitable structure, including FZLLC, free zone establishment, and a branch office.

  • Company Name Reservation

    As a foreign entrepreneur for Meydan Free Zone Business Setup, you are required by law to search and reserve a trade name ahead of online company registration in the Meydan Free Zone.

  • Notarization of Documents

    The United Arab Emirates (UAE) mandated the submission of notarized documents for company formation in the Meydan Free Zone.

  • Registered Business Address

    All applicants, including foreign entrepreneurs like you, must obtain a company address, namely a physical lease or a virtual office with a flexi desk feature for company formation in the Meydan free zone.

  • Capital Deposit Statement

    To start your business operations, such as making payments to the suppliers, you need to have funds in your account. So, a statement demonstrating the capital deposit must be submitted to MFZA.

  • Trade License

    A trade license should be obtained by company owners after business incorporation. This can be done by filing an application with the Meydan Free Zone Authority (MFZA).

  • Board Resolution

    If you’re seeking to establish a branch office of your foreign or mainland company, then you should seek approval from your board of directors.

  • Corporate Bank Account

    To deposit the initial capital and facilitate financial transactions, you must open a company bank account.

  • Appointment of Company Secretary & Auditor

    All businesses in the Meydan free zone area are mandated by the laws to hire a company secretary and auditors to control and monitor the internal and external governance of the organization.

  • Residency Visa

    If you’re planning to reside and conduct your business operations, then you should obtain a residency visa for the duration of your stay. A typical permit is issued for 1 to 3 years.

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Benefits of Meydan Free Zone Business Setup

From no restriction on currency exchange to a fast incorporation process. Explore the benefits of the Meydan free zone business setup as listed:

 
  • Hassle-Free Incorporation

    The company formation in the Meydan free zone usually takes around 1 to 3 days for initial approval from the MFZA. The FAWRI platform facilitates a trade license registration in 60 minutes, which allows a faster business setup in Dubai’s Meydan Free Zone with minimum documentation.

  • No Income Tax

    Companies in the Meydan area with a qualifying income of US$ 102,111 or less can enjoy a zero per cent corporate income tax. The Meydan free zone business setup also provides VAT and customs-duty exemptions with seamless company registration. This type of incentive helps companies to grow and expand their business in the UAE.

  • Strategic Location

    With Meydan’s free zone strategic location in Dubai, businesses can access the advanced infrastructure and easy transport facilities through the Dubai International Airport and Dubai’s Logistics Corridor. Foreign entrepreneurs can streamline foreign trade in other GCC member states, Europe, and Asian markets.

  • Robust Infrastructure

    Meydan has one of the best and most modern infrastructures in Dubai, UAE. Its wide range of technologically advanced facilities, including storage, logistics, and single and co-working spaces, facilitates business expansion and enhances productivity.

  • 100% Foreign Ownership

    Entrepreneurs seeking an MFZ business setup in Dubai can enjoy 100% foreign ownership because the UAE government provides unrestricted ownership to attract foreign investors in Dubai.

  • No Currency Restriction

    The Meydan free zone business setup doesn’t levy currency restrictions, meaning global entrepreneurs can internationally transfer and receive funds without any obstructions. This promotes foreign direct investment (FDI) in the United Arab Emirates (UAE).

  • Business Network

    Company owners in the Meydan free zone area have access to a large pool of local communities. With the help of a network of 83,000 businesses, foreign entrepreneurs can facilitate engagement with suppliers and traders.

  • Profit Repatriation

    The zone offers a 100% repatriation of profits with no restriction for foreigners. They can receive and transfer earnings anywhere in the world without worrying about deductions.

  • Bank Account Opening

    The Meydan free zone business setup provides a fast-track bank account opening, which allows businesses to start their operations as soon as 2 days after the approval.


Documents for Company Registration in Meydan Free Zone

 

The list of documents required for online company registration in Meydan free zone is as follows:

  • Passport copies and address proof of directors and shareholders
  • A registered business address, namely a lease agreement of a physical space or a virtual office
  • Business name reservation certificate issued by the Meydan Free Zone Authority
  • A copy of the parent entity’s incorporation for branch office applicants
  • A memorandum of association (MOA)
  • Copy of the board resolution
  • An Article of Association (AOA)
  • A notarized copy of a power of attorney (POA) if the application is filed by an attorney or local agent
  • Capital deposit receipt statement

Process for Company Registration in Jordan

 

Company registration in Jordan is a structured, investor-friendly, efficient and stepwise process. The overall process involves obtaining legal approvals and completing documentation and tax registrations. Steps include:

  • Choose a Business Activity

    The first step for the Meydan free zone business setup is to select a business activity. Schedule a free consultation with our experts and get a detailed report on the activity and the revenue growth over the years.

  • Determine a Company Structure

    After choosing an appropriate business undertaking, you’re required to select a relevant structure. An LLC is optimal for startups as compared to a public limited company, which is better for large enterprises raising funds from the stock exchange.
    Our experts will ask you about your fund availability, business goals, and workforce before recommending a structure for the Meydan free zone business setup.

  • Reserve the Trade Name

    You should check for your desired company name by conducting a thorough search and reserve it with the MFZA.
    We have designated legal associates who will guide and coach you until you find a business name.

  • Apply with Documents

    The next step after business name reservation is to submit the company registration application form with notarized documents to the MFZA.
    Our corporate attorneys will draft and notarize the MOA, AOA, and passport copies of the company’s members.

  • Get the Company Registration Certificate

    After the evaluation, the Meydan Free Zone Authority (MFZA) will either approve or deny the registration. Upon approval, they will send you the incorporation certification and relevant official documents to your registered business address.
    Our attorneys will ensure that official documents are accurate and up to date for the Meydan free zone business setup.

  • Obtain a Trade License

    Once you’ve received the company formation in Meydan free zone certificate, you should obtain a commercial, industrial, or service license through the “Fawri platform” that will help you obtain a permit within 60 minutes.

  • Register for Tax Compliance

    You must register with the United Arab Emirates (UAE) Federal Tax Authority (FTA) to obtain a tax identification number. It is important to register for VAT if your annual turnover is more than USD 102,112.
    Enterslice consultants will help you register for taxes and also ensure you maintain 100% compliance regarding your annual reporting obligations.

  • Open a Company Bank Account

    All company owners must apply for a corporate bank account opening. In this stage, you must prepare for the bank interview.
    Enterslice banking analysts will help you draft a business plan, file the application with documents, and prepare for the interview after company formation in the Meydan free zone.

  • Acquire Employee Insurance & Register for Social Security

    We will conduct research and provide you with the best quotes for employee insurance based on your budget.
    Our compliance associates will help you register for Social Security, so you can comply with your employee obligations.


Types of Structures for Meydan Free Zone Business Setup

 

The different types of structures for the Meydan free zone business setup are as follows:

  • Free Zone Establishment

    This structure is ideal for a single shareholder. It allows foreign individuals to establish a business in the Meydan free zone with liability protection for personal assets against the company’s debts and flexible management control.

  • Free Zone Limited Liability Company

    A free zone limited liability company (FZLLC) is suitable for startups and mid-size firms seeking to expand operations in Dubai’s Meydan area. This setup can be formed with at least two shareholders and one director. There’s no restriction on the nationality of the members. You can start an FZLLC with zero capital.

  • Branch Office

    A branch office is a mere extension of its foreign parent company in the Meydan free zone. It doesn’t have a separate legal personality and works under the parent company’s instructions.

  • Representative Office

    This structure is used by foreign entities for non-commercial activities, such as market research and networking. It is not a legal entity, just a representation of its parent company.

  • UAE Company’s Branch Office

    If you’re a foreign entrepreneur with a Mainland company in the UAE, then you’re eligible to open a branch of your mainland company in the Meydan free zone to take advantage of numerous business advantages.


Timeline for Compliance Formation in Meydan Free Zone

 

The Meydan Free Zone authority incorporates the company in 1 to 3 days. The timeline for company formation in Meydan Free Zone-

  • Name Reservation: 1-2 days

    It will take at least 1 to 2 days for you to search and reserve a company trade name.

  • Document Preparation: 1-2 days

    Gather all the documents, including MOA, AOA, trade name certificate, and passport copies of directors and shareholders in 1 to 2 days.

  • Application Submission: 1 day

    After preparing the documents, file the application with the Meydan Free Zone Authority (MFZA) in 1 day.

  • Incorporation: 1-3 days

    The MFZA will evaluate and approve the application within 3 days.

  • Trade License Approval: 3-5 days

    After company incorporation, obtain the trade license through the Meydan Free Zone Authority within 3 to 5 days.

  • Bank Account Opening: 2-4 weeks

    This process will take at least 2 to 4 weeks, depending on the business activity.

  • Social Security Registration: 5-7 days

    After opening the bank account, it will take at least 5 to 7 days to register for social security contributions.

  • Visa Processing & Emirates ID: 3-4 days

    Once you’ve registered for social security, you should obtain a residency visa and Emirates ID to legalize the duration of your stay in the UAE. It may take up to 3 to 4 days to get the approval.


Compliance Needs After Meydan Free Zone Business Setup

 

The list of compliance requirements after the Meydan free zone business setup is as follows:

  • Annual Reporting

    Businesses established after company formation in Meydan free zone must report annual financial returns in accordance with IFRS standards. Our accountants will prepare your balance sheets, income statements, and expense reports. We will also help you conduct an audit before you file the return.

  • Corporate Tax Filing

    Even though there’s no income tax income up to USD 102,110, you must still file annual returns within 9 months of the current fiscal year. Enterslice’s tax consultants will ensure you don’t miss this deadline.

  • Annual General Meeting

    The Meydan free zone business zone requires all LLCs and establishments to conduct and record the minutes of the annual general meeting (AGMs). As your business registration partner, we will help you make agendas for online company registration in the Meydan free zone.

  • Beneficial Owner Declaration (UBO)

    All the corporations availing the service of nominee directors and shareholders must file the ultimate beneficial owner declaration within 60 days of incorporation. We will help you draft and submit the UBO on time to avoid penalties due to noncompliance.

  • License Renewal

    Trade licenses generally expire in 12 months, so you must apply before the expiry of the current term. Our legal team will send out a reminder notification one month before the end of the said license after online company registration in the Meydan free zone.

  • Social Security Payments

    Every month, all companies are required to make a payment of 12.5% towards their employees’ social security contributions after the MFZ business setup in Dubai.

  • Information Change Update

    In case there’s a change in the company’s ownership, then you must inform the Meydan Free Zone Authority. We will help you draft a new bylaws agreement to reflect the updates.

  • VAT Filing

    Since Meydan isn’t a designated area, it doesn’t automatically qualify for VAT exemptions on all supplies. As a company owner, if your annual turnover is more than USD 102,112, then you should file the value-added tax return after business setup in Dubai's Meydan free zone.


Partner with Enterslice for MFZ Business Setup in Dubai

 

At Enterslice, we’ve developed a network of 10,000+ professionals who assist in Meydan Free Zone Business Setup. Given below are the reasons why we are the first choice of entrepreneurs globally for MFZ business setup in Dubai-

  • Comprehensive Name Search for Meydan Freezone Company Registration
  • Registered 5000+ companies in the Meydan Free Zone
  • 99% Success Rate for Company Setup in Meydan Free Zone
  • 10X the Pace of your Company Setup in Meydan Free Zone
  • Provide IP Protection Solutions after Company Setup in Meydan Free Zone
  • Fast-Track Filing of Online Company Registration in Meydan Free Zone Application
  • Helped 2800+ Foreign Entrepreneurs with Trade License & Renewals After MFZ Business Setup in Dubai
  • Expert Language Assistance for Meydan Free Zone Business Setup
  • 24/7 Legal & Tech Support for Meydan Freezone Company Registration

FAQs on Online Company Registration in Meydan Free Zone

Frequently Asked Questions about Business Registration in Meydan Free Zone

Our service for company registration in the Meydan free zone includes the following:
  • Name reservation approval
  • Company incorporation
  • Registered business address
  • Tax and VAT registration
  • Visa residency and Emirates ID
  • Legal consultation and bookkeeping services
  • Internal, external, statutory, and financial audit services
  • Corporate bank account opening
  • Trade license registration and yearly renewals
  • Annual tax and VAT filing
  • Financial reporting obligation services
  • Business plan drafting
  • Bank account interview preparation assistance
  • Memorandum of association and articles of association formation
  • Complete notarization of documents
  • Nominee director and shareholder services
  • Virtual CFO services
  • Ejari certificate

The procedure for company registration in the Meydan free zone is as follows:
  • Step 1. Determine a business activity, such as commercial, industrial, services, import-export, manufacturing, or e-commerce.
  • Step 2. Select a company structure that aligns with your capital availability and workforce requirements. Common structures include a free-zone establishment, a free-zone LLC, and a branch office.
  • Step 3. Reserve the business name after conducting a thorough search. The name shouldn’t be confusing and conflicting with the UAE’s rule of law.
  • Step 4. Apply with notarized documents, such as an MOA, AOA, passport copies of directors and shareholders, and a capital deposit receipt with the Meydan free zone authority.
  • Step 5. Register a virtual or physical office workspace with the MFZA.
  • Step 6. Obtain relevant trade licenses, namely commercial, industrial, or professional services.
  • Step 7. Open a corporate bank account to facilitate financial transactions and deposit the initial capital.
  • Step 8. Acquire residency or visa permits as per the duration of your stay in Dubai after company formation.

The advantages of company registration in Meydan free zones are as follows:
  • There are no restrictions for foreign investors and entrepreneurs as they enjoy 100% ownership.
  • No corporate or personal income tax.
  • VAT-exempt income if annual turnover is under USD 102,112, and a minimal 5% if you crossover the said threshold.
  • High-tech infrastructure facilities via the Dubai downtown and international airport.
  • Advanced transport facilities through the logistics corridor.
  • Easy access to an established business community network.
  • No tax on dividend distribution and capital gains.
  • Entitles foreigners to repatriate 100% of profits.

Company registration in Meydan takes at least 1 to 3 days for the initial approval from the Meydan Free Trade Authority. The timeline for Meydan Free Zone Business Setup is 1 to 5 days. Given below is the breakdown of MFZ Business Setup in Dubai-
  • The trade name search and reservation take at least 1 to 2 days
  • Application submission with documents takes around 1 day
  • The authority incorporates the business after evaluation in 1 to 3 days
  • Bank account opening will take at least 2 to 4 weeks
  • Visa and Emirates ID approval will take at least 3 to 4 days

A Limited liability company structure is the most common and best-suited for global individuals for the following reasons:
  • It secures personal assets from the company’s liabilities.
  • Offers flexible management control to the members.
  • It has no minimum capital requirement for initial deposit.
  • Provides 100% foreign ownership.

The types of company structures in the Meydan free zone are as follows:
  • Free Zone Establishment (FZE): This is formed by a single member. Optimal for small-scale businesses. There’s no mandatory capital requirement, and it offers liability protection.
  • Free Zone Limited Liability Company (FZLLC): This business structure provides liability protection to personal assets against the company’s debts. Must have at least two members and one director.
  • Branch Office: Foreign and mainland parent company extension in the Meydan free zone area. It is not a separate legal entity.
  • Representative Office: This is not a legal entity, but a representation of a foreign company. It is only formed to administer non-commercial activities, such as market research and consulting.

Yes, you can start a branch office in the Meydan free zone area if you’re a foreign entity or a UAE mainland company. You can establish the office and enjoy the tax concessions of the free zone. There’s no minimum limit for the initial deposit amount.

The list of economic activities that are frequent in the Meydan free zone is as follows:
  • e-commerce
  • retail and wholesale
  • automobile manufacturing
  • spare part business
  • electronics productions
  • Food processing
  • Clothing and apparel business
  • IT and tech services
  • Fintech and financial services
  • Consulting & Trading

You can open a company bank account in 2 to 4 weeks by following the steps mentioned below:
  • Determine the company structure
  • Make a business plan
  • Assemble documents and submit the application
  • Prepare for and clear the bank interview
  • Deposit funds and start transacting

Yes, if you’re a startup enterprise that doesn’t require a physical office, then you can opt for a virtual company office. Our services include:
  • Registered address
  • A Flexi desk
  • On-demand meeting rooms with beverage service
  • Phone answering and call forwarding
  • Virtual receptionist (assistance)
  • Mail and package handling, storage, and delivery service
  • Email scanning and fax
  • Furniture for meetings (office chair and table)
  • Voicemail service, depending on the country, with a provider

This free zone provides commercial, industrial, and professional service licenses in several sectors.

Yes, you can have complete ownership of your company in Meydan’s free trade zone due to its relaxed rules in the region.

Fill in the online application form and upload documents by logging in to the Meydan Free Zone Authority’s website.
The documents may include a copy of the original trade license certificate, ID proofs, and registered business address (lease or virtual rent agreement).

Yes, all businesses after incorporation must acquire a trade license through the “FAWRI” platform. This unique system helps companies register and obtain a single license for up to 1800 different business activities within 60 minutes. Example: you can combine a consultancy and the e-commerce industry’s business in a unified trade license.

Yes, you can obtain a fast-track registration via the Fawri platform. This facility will help you incorporate your company in 60 minutes, as compared to the 1–3-day usual timeline. You can acquire this service by paying USD 4090.

The eligibility criteria to obtain an LLC instant incorporation license are as follows: Only one member can form the LLC, and said member must be the manager, director, shareholder, and the eventual beneficiary. So, you are automatically disqualified if you want to register the LLC with two members. Only LLCs can be registered. The platform doesn’t facilitate the registration of a branch office (foreign or UAE mainland company).

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