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Meydan Free Zone

Meydan Free Zone is a strategic hub for businesses in Dubai, offering flexible licensing and a supportive environment for growth.

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Meydan Free Zone

Meydan Free Zone is the newest entry in Dubai’s expanding network of Free Trade Zones, situated within the Meydan hotel complex. The Meydan Hotel attracts international tourists and travelers and hosts the annual Dubai World Cup horse race, making it a key business networking hub in the city.

Meydan Free Zone provides affordable company formation packages, making it one of the most competitive options for investors looking to establish a business and settle in Dubai.

License Types in Meydan Free Zone

Meydan Free Zone provides three primary types of business licenses for entrepreneurs, each offering a variety of activities based on the nature of their business.

Here are the main business license types available:

  • Consulting License: Designed for service-oriented companies, including HR and finance consulting.
  • Commercial License: Suitable for trading, light manufacturing, and packaging businesses.
  • Media License: Ideal for digital services, website and software development, as well as creative and artistic endeavors.

Meydan Free Zone is an excellent choice for startups and entrepreneurs looking to establish a company at a lower cost, making it an attractive option for those wanting to operate in Dubai economically.

Entrepreneurs can establish a single shareholder company, a Free Zone Limited Liability Company (FZ-LLC), or a branch/subsidiary of a foreign company. The Free Zone authority permits up to seven shareholders and requires the appointment of a manager or director for FZ-LLC companies.

Meydan Free Zone Company Setup Process

Setting up a company in Meydan Free Zone involves a specific process that investors need to follow. LITRIX will manage the entire company setup process on your behalf, ensuring that the trade license is issued within just 2 to 3 working days.

The steps for establishing a company in Meydan Free Zone include:

  1. Choosing a Trade Name: Submit three options for your company name selection.
  2. Selecting Business Activities: Choose the appropriate business activities based on your operations.
  3. Submitting the Application: Complete the application form and provide a copy of the investor’s passport and a photograph.
  4. Making Payment: Pay the required fees based on your chosen company license type, business activity, duration, and office needs.
  5. Obtaining the Trade License: Receive your trade license from the Free Zone and apply for the investor visa. Litrix will assist you during this step.
  6. Bank Account Opening: Get support for opening a bank account and setting up MeydanPay for your new business.

With Litrix by your side, you can navigate the setup process smoothly and efficiently.

Benefits

  • 100% foreign ownership & full profit repatriation
  • A wide range of business activities
  • No currency restrictions for doing business
  • No restriction in hiring any nationality as staff
  • World-class technology infrastructure & Banking support
  • No import-export tax, and more

Why Setup a Company in Meydan Free Zone?

  • Prime Location: Situated in the Meydan Hotel, a premier venue for global events and a magnet for tourists and entrepreneurs.
  • Logistics Advantage: Close to Dubai's growing logistics corridor and Dubai International Airport.
  • Excellent Infrastructure: Features coworking spaces, MeydanPay for banking, instant digital bank account setup, and more.
  • Networking Opportunities: An expanding hub for collaboration among investors.

Documents Required for Setting up a Company in Meydan Free Zone

  • Investor Passport copy and Photograph
  • Company Name for Approval ( 3 choices)
  • CV of the Investor/ Manager/ Director

How will Litrix Assist Investors?

Litrix will provide comprehensive support to investors throughout the entire company formation process in Meydan Free Zone. Our experienced team will expertly manage all aspects, including banking, visa, legal, and licensing formalities, ensuring strict adherence to the Commercial Companies Law and Free Zone regulations.

This allows investors to focus on their core business activities without the burden of administrative tasks. At Litrix, we pride ourselves on being a one-stop solution for all your company formation requirements, offering tailored services to meet your specific needs and streamline your entry into the Dubai market. Whether you’re a startup or an established business, we’re here to guide you every step of the way.

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To date we are providing Accounting Services for more than 250 clients
across the UAE in Trading, Construction, Real estate, Healthcare,
Logistics and other services.

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