VAZONE Expert Guide
Set Up Your Company with Meydan Free Zone
Meydan Free zone is a top business hub in central Dubai, offering 100% foreign ownership, zero taxes, and flexible office options. Ideal for startups and SMEs, it supports industries like e-commerce, consulting, trading, and media, with easy access to Dubai’s key markets and facilities.
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Company Formation in Meydan Free Zone (2026): Fast, Affordable Business Setup
Setting up a company in Meydan Free Zone in 2026 is a smart choice for entrepreneurs seeking a quick, cost-effective, and fully compliant business setup in Dubai. Known for its streamlined registration process, flexible licensing options, and zero personal income tax benefits, Meydan Free Zone provides an ideal environment for startups, SMEs, and international investors looking to establish and grow their presence in the UAE.
Why Choose Meydan Free Zone (MFZ)?
Meydan Free Zone offers a progressive and well-structured ecosystem designed to support businesses of all sizes. With its prime location, advanced facilities, and entrepreneur-friendly regulations, MFZ enables seamless access to international markets. The free zone provides a wide range of license options across multiple sectors, making it an ideal base for startups and established companies looking to scale efficiently.
What is Meydan Free zone?
Meydan Free Zone (MFZ) is an economic free zone in the UAE, located in the heart of Dubai. Established 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 company setup due to its proximity to vital commercial hubs and easy access to key locations, including the Dubai International Airport.
The free zone is also surrounded by a wide range of commercial developments, such as state-of-the-art facilities, parks, hospitals, schools, villa communities, sports facilities, entertainment hubs, and established commercial industries. This makes it an appealing destination for investors and entrepreneurs looking to establish or expand their businesses in Dubai.
Key Features of Meydan Free Zone business setup
Meydan Free Zone offers several advantages that make it a popular choice for businesses:
✳️ 100% Foreign Ownership: No need for a local sponsor; you retain full business ownership.
✳️Tax Benefits: Zero personal and corporate income tax.
✳️Strategic Location: Proximity to Dubai’s central business districts, airports, and ports.
✳️Flexible Office Solutions: Options like flexible desks, virtual offices, and private offices.
✳️No Currency Restrictions: Freedom to repatriate profits and capital.
✳️World-Class Facilities: Access to Meydan Hotel, Meydan Racecourse, and conference rooms.
Benefits of Meydan Free zone
✅Tax Exemptions: No corporate or personal income tax.
✅Prime Location: Close to Dubai’s key business and leisure hubs.
✅ Affordable Setup: Competitive pricing compared to other free zones.
✅World-Class Facilities: Access to Meydan Hotel, racecourse, and conference rooms.
✅ Networking Opportunities: Proximity to Downtown Dubai enhances B2B connections.
👉 “While Meydan Free Zone offers excellent benefits such as strategic location, cost-effective packages, and easy setup, investors often compare it with other free zones before making a decision. To explore how Meydan stands out, check our detailed guide on Meydan Free Zone vs Other Free Zones
Target Industries in Meydan Free zone
Meydan Free Zone is ideal for a wide range of sectors, including e-commerce, logistics, consulting, fintech, media, and trading. Startups and SMEs in the technology and digital sectors often prefer Meydan due to its flexible licensing and cost-effective office solutions. Whether you are in fintech, healthcare, or logistics, MFZ provides the right infrastructure to scale your operations.
Types of Business Licenses in Meydan Free zone
Meydan Free Zone offers a variety of licenses to suit different business needs:
Commercial License
Allows businesses to carry out trading, retail, and import–export activities. This license is suitable for companies that do not require warehousing or physical product storage.
General Trading License
Enables businesses to trade multiple product categories under a single license. This option is ideal for flexible trading operations without storage or manufacturing requirements.
Media
License
Permits companies to operate in media-related fields such as advertising, digital marketing, content creation, web development, and creative services.
Industrial License
Covers limited industrial and production-related activities that do not involve heavy manufacturing, factories, or warehouse facilities.
Service & Consultancy License
Designed for professionals providing advisory and consultancy services based on expertise and qualifications. Common activities include business consulting, management services, IT consulting, HR services, and other professional offerings.
Legal Structure Options for Business Setup in Meydan Free Zone
Meydan Free Zone offers flexible legal structures to suit different business models and ownership requirements. Choosing the right legal form is essential for compliance, risk management, and long-term growth. VA Zone helps you select the most suitable structure based on your business activity and expansion goals.
Documents Needed for Meydan Free Zone License Application
The documentation requirements for a Meydan Free Zone license vary depending on whether the shareholder is an individual or a corporate entity. VA Zone ensures a smooth and compliant application process by guiding you at every step.
For Individual Shareholders
Completed application forms signed by the authorized signatory
A detailed business plan covering the next three years
Passport and UAE visa copies of shareholders, directors, and manager
Updated CVs of shareholders, directors, and manager
Original stamped bank reference letter or a bank statement for the last six months
For Corporate Shareholders
Duly completed and signed application forms
Latest audited financial statements
Company profile of the parent entity
Three-year business plan
Official letter from the parent company appointing the manager
Board resolution approving the Meydan Free Zone company setup, including specimen signatures, passport copies, and power of attorney for the manager, director, and secretary
Key Advantages of Meydan Free Zone
Fast issuance of company documents, often within one working day
Full repatriation of capital and profits with no restrictions
Zero import and re-export duties
No personal income tax
Simple and efficient corporate bank account opening
Meydan Free Zone Business Setup Timeline
| Step | Timeline |
|---|---|
|
Submit your completed application and receive your trade license along with company formation documents. |
Day 1 |
|
The immigration card and e-channel application are processed and issued. |
Day 5 |
|
Entry permit, visa status change, medical fitness test, and Emirates ID issuance are completed. |
Day 8 |
|
The investor visa is officially issued, allowing you to start operations in Meydan Free Zone. |
Day 10 |
How to Start a Business in Meydan Free zone: Step-by-Step Setup Process
Setting up a business in Meydan Free Zone is straightforward. Here’s a step-by-step guide:
Step 1: Choose Your Business Activity
Decide on the type of business you want to establish and ensure it aligns with the activities allowed in the free zone.
Step 2: Select Your Business Structure
Choose between:
- Free Zone Establishment (FZE): A single-shareholder company.
- Branch of a Foreign or Local Company: For businesses expanding to Dubai.
Step 3: Submit Required Documents
Prepare and submit the necessary documents, including
- Passport copy
- Business plan
- Proof of address
- Passport-sized photo
Step 4: License Issuance
Once your application is approved, you’ll receive your business license.
Step 5: Open a Corporate Bank Account
Open a bank account to manage your business finances.
If you’re considering a Meydan Free Zone Dubai company setup, our company setup and formation services can help streamline the entire process from documentation to licensing.
After setting up your company, you will need corporate banking solutions. Our banking and financial advisory team will assist you in opening accounts and optimizing your financial structure.
Meydan Free Zone License Cost
The Meydan Free Zone license cost is highly competitive compared to other Dubai free zones. Whether you’re launching a small consultancy or an e-commerce platform, Dubai free zone company formation can be more affordable than other free zones. Here’s a breakdown:
License Fees: Starting from AED 12,520.
Office/Desk Rental: Flexi-desks start from AED 10,000 annually.
Visa Costs: Approximately AED 3,000 per visa.
Annual Renewal Fees: These vary based on license type and office space.
Although Meydan Free Zone offers a tax-free environment, understanding corporate tax implications for UAE businesses is essential. Explore our tax services for expert guidance.
| Features | Silver Package | Gold Package | Platinum Package |
|---|---|---|---|
|
Business Consultation |
✅ |
✅ |
✅ |
|
100% Foreign Ownership |
✅ |
✅ |
✅ |
|
Business License – 1 Year |
✅ |
✅ |
✅ |
|
Company Structure |
LLC |
LLC |
LLC |
|
Allowed Activity Types |
Service / Consulting / Trading / E-Commerce |
Service / Consulting / Trading / E-Commerce |
Service / Consulting / Trading / E-Commerce |
|
Renewal Alerts (License, Visa, Emirates ID) |
✅ |
✅ |
✅ |
|
Flexi Desk / Flexi Office Access |
✅ |
✅ |
✅ |
|
Visa Allocation |
❌ |
1 Lifetime Visa |
1 Lifetime Visa |
|
Medical Fitness Test (Owner/Investor) |
❌ |
✅ |
✅ |
|
Biometric Processing (Owner/Shareholder)
|
❌ |
✅ |
✅ |
|
Bank Account Opening Support
|
❌ |
❌ |
✅ |
|
Corporate Tax Registration |
❌ |
❌ |
✅ |
|
VAT Registration |
❌ |
❌ |
✅ |
|
Accounting & Bookkeeping |
❌ |
❌ |
✅ |
|
Annual Support (License, Visa, Immigration & Labor) |
❌ |
❌ |
✅ |
|
Compliance Services (ESR / UBO / AML) |
❌ |
❌ |
✅ |
|
Financial Audit |
❌ |
❌ |
✅ |
|
VAT Return Filing |
❌ |
❌ |
✅ |
|
Corporate Tax Return Filing |
❌ |
❌ |
✅ |
|
Standard Pricing |
AED 12,520 |
AED 21,620 |
AED 49,500 |
Need Guidance? Call Now for a Complimentary Consultation: +(971) 52 254 7209
Open a Corporate Bank Account for Meydan Free Zone Company
Once your Meydan Free Zone business license is issued, the next critical step is to open a corporate bank account to start business operations in the UAE. Having a corporate account allows you to send and receive payments in AED and foreign currencies, manage payroll, access credit lines, and stay compliant with UAE regulations.
Opening a business bank account in Dubai requires specific documents, including your Meydan trade license, Memorandum of Association (MOA), shareholder passport copies, and a business plan. Most UAE banks, such as Emirates NBD, RAKBANK, WIO Bank, and Mashreq Neo Biz, offer SME-friendly solutions. The timeline typically ranges from 7 to 10 working days, subject to KYC clearance.
Whether you’re a startup founder, freelancer, or investor, selecting the right bank is crucial. Some banks support non-resident account holders, while others require at least one UAE visa to be held under your license. Meydan’s Flexi desk and private office packages affect the number of visas you can obtain, which in turn influences your banking eligibility.
Need expert help navigating your options? Explore our Banking Advisory Services →
Meydan Free zone vs. DMCC & Dubai South: Which Is Best for Your Business?
| Feature | Meydan Freezone | DMCC | Dubai South |
|---|---|---|---|
|
Location |
Near Downtown Dubai |
Jumeirah Lakes Towers |
Dubai South (Expo City) |
|
Setup Cost |
Affordable (from AED 15K) |
Moderate to High (from AED 20K) |
Affordable (from AED 12K) |
|
Setup Time |
3-5 days |
5-7 days |
4-6 days |
|
Ownership |
100% foreign |
100% foreign |
100% foreign |
|
Office Requirements |
Flexi-desks, Virtual |
Private Offices |
Warehouses, Offices
|
|
Tax Benefits |
0% corporate/personal |
0% corporate/personal |
0% corporate/personal |
|
Ideal For |
Startups, SMEs, Trading |
Commodities, trading |
Logistics, Aviation
|
Key Takeaways:
✔ Meydan wins for: Startups needing speed + affordability near central Dubai.
✔ DMCC suits: Established traders wanting prestige and JLT access.
✔ Dubai South ideal: Logistics/aviation businesses near Al Maktoum Airport.
Meydan vs. DMCC vs. DIFC: Which Dubai Free Zone is Right for Your Business?
| Feature | Meydan Freezone | DMCC | DIIFC |
|---|---|---|---|
|
Setup Time |
3-5 days |
5-7 days |
7-10 days |
|
Ownership |
100% foreign |
100% foreign |
100% foreign |
|
License Costs |
AED 15,000 (approx.) |
AED 20,000 (approx.) |
AED 30,000 (approx.) |
|
Office Requirements |
Flexi-desk options |
Physical office needed |
Physical office needed |
|
Tax Benefits |
0% corporate/personal |
0% corporate/personal |
0% corporate/personal |
|
Ideal For |
Startups, trading |
Commodities, trading |
Finance, professional services |
Why Meydan?
✔ Faster setup than DIFC for non-financial businesses.
✔ Lower costs vs. DMCC for flexi-desk startups.
Compare Meydan Free Zone with IFZA Dubai
Meydan Freezone Facilities
Meydan Freezone offers state-of-the-art facilities, including:
- Meydan Hotel: A luxury hotel for business meetings and stays.
- Meydan Racecourse: A world-class venue for events and networking.
- Conference Rooms: Fully equipped spaces for meetings and seminars.
- Parking and Logistics: Ample parking and easy access to transportation.
Legal Framework & Compliance in Meydan Freezone
Meydan Freezone operates under a streamlined regulatory framework designed for ease of doing business. It offers simplified compliance with AML/KYC regulations and does not impose mandatory annual auditing requirements, making it attractive for startups and SMEs. Businesses also benefit from clear guidelines around licensing, visa quotas, and repatriation of profits.
While Meydan Freezone simplifies compliance by not requiring annual audits, businesses still benefit from professional accounting services to maintain clean records and ensure financial transparency.
Visa Services in Meydan Freezone
Meydan Freezone provides visa services for investors, employees, and their dependents. Key features include:
- Visa Quota: Depends on office size and license type.
- Dependent Visas: Available for family members.
- Processing Time: Typically 2-3 weeks.
Meydan Freezone also offers flexible visa packages for business owners and employees. Our visa services team can assist you with all residency, investor, and employment visas linked to your new company.
Ready to launch your business in Meydan Freezone with VA Zone?
Conclusion
Meydan Freezone is a top choice for businesses looking to establish a presence in Dubai. With its strategic location, affordable setup costs, and world-class facilities, it offers everything you need to grow your business. Whether you’re a startup, SME, or freelancer, Meydan Freezone provides the perfect environment to thrive.
FAQs About Meydan Free Zone
What is the cost to start a business in Meydan Freezone?
The Meydan Free Zone license cost starts from AED 15,000, making it one of the most affordable options for Dubai free zone company formation.
How long does it take to set up a company in Meydan Free zone?
The process usually takes 7-10 working days. If you need help, check out our company setup and formation services to get started quickly.
Can I sponsor dependents under a Meydan Freezone license?
Yes, you can sponsor dependents, including spouses and children. We also offer complete visa services to make the process smoother.
Do I need a physical office to open a company here?
No, virtual offices and flexi-desks are available.
Are there any tax obligations in Meydan Freezone?
No, there are no corporate or personal income taxes. For expert advice, check out our tax services.
Can I operate outside the UAE with a Meydan Freezone license?
Yes, but you’ll need additional approvals for onshore activities.
What is the minimum capital required to start a company?
There is no minimum capital requirement.
Is Meydan Freezone good for e-commerce businesses?
Yes, it’s ideal for e-commerce and digital businesses. Plus, our accounting services can help you stay compliant as you grow.
Can I upgrade or downgrade my license later?
Yes, you can modify your license as your business grows.
Can I engage in multiple business activities with a single license in the Meydan Free Zone?
Yes, you can engage in multiple business activities under a single license in Meydan Free Zone
Are Meydan Free Zone companies allowed to trade with other Free Zone businesses?
Yes, unlike many other free zones, Meydan Free Zone companies can trade with businesses in other free zones. To do this legally, you must obtain a Dubai Economy and Tourism (DET) permit to authorize the transactions.
Can I operate my business in the Meydan Free Zone without having a permanent physical office?
Yes, Meydan Free Zone allows businesses to operate without a permanent physical office by using flexible office solutions, such as shared offices, coworking spaces, or virtual offices, depending on your license type and business requirements.
How much does it cost to include extra activities on the license? Is approval needed?
Adding extra business activities is possible, but it requires prior approval from Meydan Free Zone authorities. The cost varies depending on the type and number of additional activities. VA Zone can assist with the approval process to ensure a smooth update of your license.
Meydan Freezone
Features:
- Located in Meydan City, Dubai
- Provides office spaces, warehouses, and residential apartments
- Business setup with no physical presence required
Pricing starting from:
- Starting from AED 12,520 for a commercial license