Meydan Free Zone Company Setup

Meydan Free Zone (MFZ), launched in 2009, is located in Dubai’s Meydan Hotel complex near the airport and key logistics routes. Known for its high-end facilities, MFZ offers global networking opportunities.

With 1,500+ business activities under one license and flexible setup costs, it’s a great choice for entrepreneurs and businesses aiming to grow in Dubai’s market.

100% Foreign Ownership
Prime Location Near Dubai Airport
Affordable Licensing & Visa Options
Flexible Office & Bank Setup
Wide Range of Activities

Mainland Company

Free Zone Company

Offshore Company

Bank Account Opening

Visa Services

Types of Available Licenses in Meydan Free Zone

Commercial License

For businesses in trading, retail, import/export, and light manufacturing. It suits companies focused on general trading or retail. Businesses may need outside storage as no warehousing is offered.

Service License

Ideal for professionals in services like business consulting, management, accounting, HR, and real estate. It’s designed for companies that depend on skills and expertise rather than physical products.

Media License

This license supports media and creative fields, such as advertising, digital marketing, content creation, and web design. Perfect for companies in branding and digital services.

Meydan Free Zone Company Formation Process

Choose Business Activities

Start by selecting the business activities your company will engage in. Meydan Free Zone supports over 1,500 approved activities across various sectors, allowing you to choose up to three under a single license.

Select a Trade Name

Choose and register a trade name for your company. It should comply with UAE naming guidelines, avoiding any restricted, offensive, or blasphemous terms. Prepare at least three name options in case of duplicates or restrictions.

 

Prepare and Submit Documents

Gather the required documents based on your company structure (individual, corporate, or branch). Submit the completed application form along with supporting documents, such as passport copies, business plans, and any corporate documents, to the Meydan Free Zone Authority.

Pay the Licensing and Setup Fees

After document submission, pay the applicable licensing fees based on your chosen license type, business activities, and visa requirements. Meydan Free Zone offers competitive rates, with multi-year options for discounted fees.

Receive the Business License

Upon approval, the Meydan Free Zone Authority will issue your business license, usually within 2-5 business days, depending on the complexity and completeness of your application. Once the license is issued, you are officially authorized to operate.

Drafting MOA / LSA Apply for Visas (if applicable)

If your license includes visas, apply for UAE residence visas for shareholders, employees, or family members. Meydan Free Zone offers support for immigration processes and visa applications, including fast-tracked visa issuance and renewals.

Open a Business Bank Account

With your business license in hand, proceed to open a corporate bank account to manage business transactions. Meydan Free Zone partners with local banks and offers an in-house Meydan Pay platform to simplify account setup and digital payments.

Required Documents for Branch Company Setup

Application Form – Signed by parent company’s representative.
Certificate of Incorporation – Proof of parent company’s legal status.
MoA and AoA – Parent company’s structure and purpose.
Board Resolution – Approves branch and names manager.
Power of Attorney – Gives manager authority in the UAE.
Branch Manager’s Passport – Copy with UAE visa (if resident).
Audited Financial Statements – Last year’s financial report.
No Objection Certificate (NOC) – Required if manager is a UAE resident with a current sponsor.

Advantages of Meydan Free Zone Company Setup in Dubai

100% Foreign Ownership

Cost-Effective Setup

Tax Exemptions

Diverse Business Activity

Strategic Location

Easy Visa Processing

Advanced Infrastructure

Simplified Account Setup

Documents Required for Meydan Free Zone Company License

For Individual Shareholders:

Completed Application Form – signed by an authorized person.

Passport Copy – for shareholder(s), director(s), and manager.

Visa Copy – if applicable, for UAE residents.

Three-Year Business Plan – outlines goals and strategies.

CV – for shareholder(s), director(s), and manager.

Bank Reference Letter or Six-Month Bank Statement – proves financial reliability.

Free Zone Branch Office

Completed Application Form – signed by authorized signatory.

Audited Financial Report – of the parent company.

Company Profile – overview of the business.

Three-Year Business Plan – objectives and structure.

Board Resolution – approves MFZ company setup and appointment.

Letter of Appointment – appoints designated manager.

Passport Copy, Specimen Signature, and Power of Attorney – for manager, director, or secretary.

Steps for Business Liquidation in Meydan Free Zone

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01

Board Resolution

Shareholders approve closure.
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02

Appoint Liquidator

Hire an audit firm to manage the process.
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03

Liquidator’s Acceptance

Liquidator confirms role with free zone.
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04

Cancel Visas & Card

Cancel all employee visas and establishment card.
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05

Get NOCs

Obtain approvals from banks, utilities, and government.
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06

Publish Notice

Announce closure in newspapers for 45 days.
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07

Return Documents

Submit key company documents to free zone.
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08

Deregister VAT

Cancel VAT registration within 20 days if needed.
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09

Final Report

Liquidator submits report, completing closure.

Renewing Your Business License in Meydan Free Zone

Submit Renewal Application

Complete the renewal form and update business details.

Pay Renewal Fees

Pay fees (from AED 12,500); amendments allowed if needed.

Provide Required Documents

Include passport, visa copies, and current trade license.

Receive Renewed License

MFZ issues the license after verifying documents and payment.

Meydan Free Zone Company Setup Consultants

How Leaders HUB Can Help?
Leaders HUB is renowned as one of the top business setup consultants in Dubai, with over 15 years of experience facilitating a wide range of businesses throughout the UAE. Our deep connections with government officials and key authorities, combined with our extensive expertise in consultancy, streamline the process of establishing your business in Dubai. Additionally, we offer comprehensive financial, legal, and corporate services to support our clients throughout their business endeavors.

We are here to provide comprehensive support for your Meydan Free Zone Company Setup, from preparing your documents to completing the process. Connect with us now to begin your journey with a FREE consultation

ASK WHAT YOU WANT TO KNOW

FAQS (Frequently Asked Questions)

How many visas can I obtain under one license in MFZ?
You can acquire up to 6 visas with certain MFZ license packages, which vary based on business needs and chosen license type.


Can I upgrade my visa quota on an MFZ license?
Yes, MFZ allows upgrading your visa quota as your business requirements change, subject to package limits.
Is physical presence required to open a business in MFZ?
No, you can complete the MFZ company setup process remotely without physical presence.
Is NOC required from my current employer to set up a company?
No, MFZ does not require a No Objection Certificate (NOC) from your current employer.

Can I operate outside the UAE with an MFZ license?
Yes, an MFZ license allows you to conduct business internationally, offering flexibility for operations outside the UAE.
How long does it take to set up a company in Meydan Free Zone?
Company setup in Meydan Free Zone is typically completed within 2-5 business days, depending on the completeness of the application and chosen business structure.
Are there restrictions on hiring foreign employees in MFZ?
No, MFZ allows companies to hire employees of any nationality, providing flexibility for businesses to build diverse teams.
Can companies in MFZ engage in activities outside the approved license activities?
Companies must operate within the approved business activities listed on their license; additional activities require license modifications.

Still Have More Questions?
Contact Our Expert Support Team

Leaders Hub, a subsidiary of Happy Home Holding Ltd, was established 2002 in Dubai, UAE in 2024 and is a business centre includes private offices, virtual offices, coworking space, and meeting rooms.

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