Meydan Free Zone MFZ – Biz HQ Consultants

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.

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Biz HQ Consultants offers License Packages from
Meydan Free Zone

Starting from

Included Benefits

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 hours office facility
Company documents 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

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.

Service & Consultancy License

Service and Consultancy Licenses include professional services such as business and management consulting, accounting, real estate consultancy, human resources, technical services, and other professional services that rely on skills, ability, and talent.

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 copy of shareholders / directors, and 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 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 Biz HQ Consultants will help you through these steps in establishing your company to minimise time and expenses.

1

Choose Business Activities

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.

2

Choose Company Name

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.

3

Apply for Trade License

4

Apply for Visa

Visa is needed before starting work in the UAE. Biz HQ Consultants 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.

5

Open a Business Bank Account

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