Office 3, Garden City, Al Badaa, Dubai, United Arab Emirates
Office 3, Garden City, Al Badaa, Dubai, United Arab Emirates
Meydan Free Zone is the visionary concept of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. Since its inaugural opening in 2010, Meydan has attracted the attention of the world. Meydan Free zone is a modern and dynamic business hub located in the heart of Dubai, UAE. It offers world-class facilities, cutting-edge technologies, and a wide range of business services to companies of all sizes and industries looking to establish their presence in the Middle East. In this page, we will provide a detailed overview of the key features, benefits, and services offered by Meydan Freezone.
Meydan Free zone is strategically located near Dubai International Airport, major highways, and seaports, providing easy access to international markets. The freezone is also situated near the iconic Meydan Racecourse, home to some of the most prestigious horse racing events in the world.
* Location: Dubai, United Arab Emirates
* Established: 2008
* Freezone license: Meydan Freezone (FZ) License
* Business activities: Over 3,500 business activities
* Registration process: Online registration
* Investment requirements: Minimum investment of AED 50,000
* Freezone benefits: 100% foreign ownership, no corporate tax, no personal income tax, no import or export duties, 100% repatriation of profits, no currency restrictions, highly skilled workforce, competitive operating costs, strategic location, world-class infrastructure, and access to international markets.
Meydan Free zone offers modern and state-of-the-art facilities that cater to the needs of businesses of all sizes and industries. The freezone provides fully furnished office spaces, warehouses, industrial units, and land plots that are equipped with the latest technologies and amenities. The facilities are designed to provide a conducive environment for businesses to grow and thrive.
Here are some of the benefits of setting up a business in Meydan Freezone:
100% foreign ownership: You can own 100% of your business in Meydan Freezone. This means that you do not need to find a local partner to set up your business.
No corporate tax: There is no corporate tax in Meydan Freezone. This means that you can keep all of your profits.
No personal income tax: There is no personal income tax in Meydan Freezone. This means that you can keep all of your salary.
No import or export duties: There are no import or export duties in Meydan Freezone. This means that you can import and export goods without paying any taxes.
100% repatriation of profits: You can repatriate 100% of your profits from Meydan Freezone. This means that you can keep all of your profits and send them back to your home country.
No currency restrictions: There are no currency restrictions in Meydan Freezone. This means that you can freely exchange currencies.
Highly skilled workforce: Meydan Freezone has a highly skilled workforce. This means that you can find the talent you need to grow your business.
Competitive operating costs: The operating costs in Meydan Freezone are very competitive. This means that you can save money on your business expenses.
Strategic location: Meydan Freezone is located in the heart of Dubai. This means that you have access to a large market and a well-developed infrastructure.
World-class infrastructure: Meydan Freezone has world-class infrastructure. This means that you have access to everything you need to run your business, including roads, airports, and telecommunications.
Access to international markets: Meydan Freezone has access to international markets. This means that you can sell your products and services to customers all over the world.
If you are looking for a place to set up your business, Meydan Freezone is a great option. It offers a number of advantages that can help your business succeed.
Foreign Ownership
Corporate & Personal Taxes
Repatriation of capital and profits
Meydan as the Famous Dubai freezone cover all the notable industries, Some of of them are mentioned here
Step 1: Picking your business Activities
A wide range of commercial, industrial, and professional business operations are welcomed in the Meydan Freezone.
You’ll need to know which of these categories your selected activities fit under when you apply for your license. You can only carry out the tasks that are listed on your license. But don’t worry, you can easily add more if you later decide to diversify or increase your service.
Step 2: Choosing a name for your business
A crucial first step in starting a UAE business is selecting a company name. When making this choice, there are a few things to consider. A rigid yet simple to follow set of naming conventions must be followed. Again, a business setup specialist can assist you with this phase.
Simply put, you must refrain from using vulgar or unpleasant words. Avoid abbreviations and well-known corporate names when calling your business after yourself; for example, Dave Mann Consulting rather than D Mann Consulting. Additionally, make sure that your desired name is accessible for registration.
Step 3: Obtaining a trading license
Make an application for your trade license as the following step. BIZ can oversee the entire procedure for you, liaising on your behalf with governmental agencies and Meydan Freezone authorities.
The simple license application process in Meydan Freezone is largely digital, which helps to save time and effort. Including UBO, ESR, and AML, the platform integrates licensing with all types of compliance and regulation.
You will typically be asked to provide the following paperwork as part of this process:
A) Passport replica
B) Digital passport-size photo
C) Copy of the residence visa, if appropriate
D) Copy of an Emirates ID, if applicable
Step 4: Submitting a visa application
To work in the UAE, you will also require a resident visa in addition to a license. A chest x-ray, blood test, medical exam, and biometric scanning are a few of the phases in the visa application process.
You may sponsor others for visas as long as you have a UAE trade license. This could be a household helper like a housekeeper or a spouse, parent, or child.
Office 3, Garden City, Al Badaa,
Dubai, United Arab Emirates