Business Setup in Meydan Free Zone
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How Much Does Business Setup In Dubai Cost?
It depends on several factors, such as your business activity, Free zone or Mainland, Number of Visas required, and shareholders . Based on our 4 years of experience in business setup in Dubai, we have developed a Business Setup Cost Calculator to give you answer.
Centrally located in Dubai, Meydan Free Zone is a key hub for business setup, designed to support startups and facilitate company formation at highly competitive rates. Its close proximity to downtown Dubai ensures excellent accessibility, while state-of-the-art telecommunications and high-speed internet provide essential support for modern business operations.
As one of the most cost-effective business centers in Dubai, Meydan Free Zone is ideal for low-cost startups and businesses looking to grow in a dynamic economic environment. Backed by the vision of the Meydan Group, known for enhancing Dubai’s global connectivity through renowned international horse racing and equestrian events, the free zone presents a wide range of commercial opportunities.
Benefits of Business Setup in Meydan Free Zone Dubai
If you’re considering a business setup in Meydan Free Zone, you’ll find a range of compelling incentives and diverse opportunities. Here’s a detailed overview of the benefits:
- 100% Foreign Ownership: Meydan Free Zone allows foreign investors full ownership of their companies, including assets and profits, giving you complete control and autonomy over your business operations.
- 100% Repatriation of Capital: Investors can repatriate 100% of their capital, including profits, to their home countries without any restrictions, ensuring flexibility in managing your finances.
- Flexible Facilities: Meydan offers a variety of office solutions to meet your business needs, from dedicated physical offices to flexible Flexi-desk options, all without limits on shared usage.
- No Currency Restrictions: Businesses in Meydan Free Zone can conduct transactions in any currency of choice. Currency exchange through local banks is free from tariffs or limitations, ensuring smooth international dealings.
- No Deposit Requirement: Unlike other UAE jurisdictions, Meydan Free Zone doesn’t require a minimum capital deposit to start a business, reducing the initial capital outlay for entrepreneurs.
- Access to Skilled Labor: Dubai provides a diverse and skilled workforce. Whether your business requires technical expertise or management skills, Meydan’s strategic location offers access to top talent to drive business growth.
- Tax Advantages: Companies in Meydan Free Zone are exempt from personal, income, and corporate taxes, providing a tax-free environment that enables you to optimize financial resources and reinvest profits for global competitiveness.
Start your business setup in Meydan Free Zone today and leverage these unmatched benefits!
Free Zone Business Setup
Open a company in a free zones in the UAE with full ownership and no income tax.
Mainland Business Setup
Run your business anywhere in the UAE without any limitations.
Offshore Business Setup
Set up your offshore company and operate outside the UAE with a corporate bank account.
Step 1
Effortless documentation for International entrepreneurs.
Step 2
Selecting the ideal license for your business requirements.
Step 3
Acquiring Employment Entry Permits and Residence Visas for Staff.
Step 4
Establishing a Corporate Bank Account in the UAE
Meydan Free Zone provides a wide range of business activities, including specific/general trading, investment, consultancy, service-related, and professional activities, all under a single “Business License.” As the most affordable option for business setup in Meydan Free Zone, it’s a popular choice for entrepreneurs.
With Meydan Free Zone, you can combine up to three activity groups within one license at no extra cost, making it the most cost-effective option for company registration in Dubai. The process is streamlined, ensuring that business licenses are issued within three to five working days, offering one of the fastest company setups in Dubai.
Meydan Free Zone is known for its budget-friendly packages, providing the best value for business setup in Meydan Free Zone. These packages are designed to create a supportive environment for entrepreneurs, with access to a dynamic business community that fosters growth through innovation and collaboration, including regular networking events. Entrepreneurs can register their companies from anywhere in the world, benefiting from the lowest company registration costs in a Dubai free zone.
This free zone also allows the incorporation of various types of companies, making it an ideal choice for businesses looking for affordable and efficient business setup in Meydan Free Zone.
Limited Liability Company (FZ LLC)
- Single or multiple shareholders are permitted.
- Shareholders can be either individuals (natural persons) or companies (legal entities).
- Suitable for both trade and service-related activities.
- Liability is limited to the capital invested in the company.
Branch/Representative Office
- Any company set up outside of Meydan Free Zone can form a “Branch/Representative Office” as long as it is a legal entity of its parent company.
- Business activity must be a service-related activity (e.g., marketing, consulting).
- International branches cannot conduct trading activity unless set up as a limited liability company.
If you’re considering a business setup in Meydan Free Zone, it’s an excellent choice, offering over 1,500 activities across various activity groups. Below is a sample of available options:
Advertising: This group covers advertising, specialized design, photography, and creative arts & entertainment activities.
Education & Training: Activities include all levels of education, from pre-primary to higher education, along with sports coaching, educational support, and recreational sports training.
Financial: This key group offers financial services (excluding insurance and pension funding), tax consultancy, accounting, bookkeeping, auditing, and monetary intermediation services.
Holding: A popular group for investors, it focuses on the activities of holding companies, offering tax benefits and simplified administration.
Human Resources: This group includes employment placement agencies, temporary employment services, and other human resources-related activities.
Infrastructure: Activities include building construction, roads & railways, utility projects, civil engineering, demolition, industrial machinery installation, and other specialized construction projects.
Legal: Designed for legal consultancy firms, this group offers licenses for legal activities.
Logistics: Activities include inland water transport, land transport, warehousing, storage, transportation support, and postal and courier services.
Management: This group features management consultancy, intellectual property leasing (excluding copyrighted works), reservation services, office administration, call centers, and business support services.
Real Estate: Activities in this group cover real estate transactions involving owned or leased properties, as well as real estate services on a fee or contract basis.
By choosing business setup in Meydan Free Zone, you’ll have access to a diverse range of activities to suit your business needs.
Steps to Set Up Business in Meydan Free Zone and Obtain a UAE Residence Visa
Step 1: Initial Application
If you’ve chosen a license with visa entitlement, we will apply for an immigration card once your business license is issued by Meydan Free Zone. The immigration card is typically issued within two to three working days after submission.
Step 2: Visa Application
We handle the visa application process by submitting the necessary documents to Meydan Free Zone, including the immigration card number and passport copy. The UAE e-visa is usually issued within three to five working days after submission.
Step 3: Arrival and Medical Test
Once the e-visa is granted, the visa holder must arrive in the UAE to complete the medical test and apply for the Emirates ID. The required documents for the medical test and Emirates ID are:
- Original passport
- Copy of the issued e-visa
- Three passport-sized photos of the shareholder(s) (colored, white background, shoulders and head showing, dark clothing, no jewelry, no eyewear, no teeth showing)
- Business license
- Immigration card
Step 4: Emirates ID Biometrics
After receiving the medical test results, the visa holder can proceed with the Emirates ID biometric process.
Step 5: Visa Stamping and Emirates ID Issuance
The following documents are required for visa stamping and Emirates ID issuance:
- Original passport
- Nine passport-sized photos of the shareholder(s)
- Copy of the issued e-visa
- Copy of change status confirmation (if applicable)
- Stamped medical test results
- Stamped Emirates ID application
- Business license
- Immigration card
Once these original documents are submitted to Meydan Free Zone, the visa is stamped within one to two working days, and the Emirates ID is issued within ten days after the visa is stamped.
At Agility Global, we provide the most competitive Dubai free zone company formation costs for business setup in Meydan Free Zone, and we streamline the process of obtaining residence visas for shareholders and employees.
When completing a business setup in Meydan Free Zone, the required documentation differs based on whether the shareholder is an individual or a corporation.
For Individual Shareholder(s):
- Passport copy
- Passport-sized digital photo
- Residence visa copy (if applicable)
- Emirates ID copy (if applicable)
For Corporate Shareholder(s):
- Notarized Certificate of Incorporation
- Notarized Certificate of Incumbency or equivalent (issued within the last 3 months)
- Notarized Memorandum of Association
- Notarized Board Resolution
Corporate Tax & VAT
Receive expert guidance to ensure compliance with Corporate Tax and VAT obligations under the Federal Tax Authority (FTA).
Bank Account Opening
We will help you in opening your corporate or personal bank accounts in UAE effortlessly with trusted banks in the UAE.
Accounting & Payroll
Our accountants handle finances, offering bookkeeping, reconciliation, payroll, and audit support, reducing hiring expenses.
Compliance Services
Our specialists at Agility Global assist with UAE’s regulatory requirements, including ESR reports and UBO filings.
PRO Services
Leave administrative tasks to our PRO team, allowing you to focus on business while saving time and money.
Legal Services
Our legal team advises on UAE laws regarding M&As, corporate restructuring, financing, and dispute resolution.
