Meydan Freezone Company Setup

Set Up Your Business in Meydan’s Vibrant Freezone

Meydan Freezone Company Setup

Meydan Free Zone company setup has emerged as a preferred choice for businesses aiming to leverage Dubai’s robust and diversified economy. Since its launch in 2009, the zone has provided an ideal environment for companies focused on innovation and growth.

With access to over 2,500 business activities, Meydan Free Zone caters to a broad range of industries, including trading, logistics, technology, and professional services.

This diversity makes it an excellent strategic option for both startups and established enterprises. Moreover, Meydan Free Zone business setup costs are flexible, providing cost-effective solutions tailored to different business needs.

Strategically located in Nad Al Sheba, Meydan offers excellent connectivity, with proximity to Dubai International Airport, Al Maktoum International Airport, and the Dubai Logistics Corridor, making it a prime hub for companies in logistics, trading, and e-commerce.

The license cost in Meydan Free Zone is competitive, allowing businesses to scale without incurring high initial overheads. Recognized as the Best Digital Free Zone in the UAE, Meydan stands out for its smart, digital infrastructure that boosts operational efficiency. Its achievements, including multiple awards at the 2023 MarComm Awards, highlight its innovation-driven ecosystem.

Meydan Freezone Business Setup Advantages

State-of-the-Art Infrastructure

Modern facilities include customizable office spaces, warehouses, and advanced telecommunications systems.

Business Support Services

Comprehensive support including administrative assistance, visa processing, legal aid, and networking opportunities.

Industry-Specific Focus

The UAE has tax agreements with over 135 countries, preventing businesses from being taxed on the same income in multiple jurisdictions.

Strategic Location

Close to major business centers and international airports, facilitating easy business operations.

100% Foreign Ownership

No local sponsor required—international investors maintain full ownership of their companies.

Full Profit Repatriation

No corporate tax or import/export duties, and full repatriation of profits and capital is permitted.

Business Activities Available in Meydan Free Zone

Meydan Free Zone supports a wide array of business sectors, including:

✅ Sports & Recreation: Event management, consultancy, sports facility operations, and equipment trading.

✅ Technology & Innovation: Software development, IT consultancy, e-commerce, and digital marketing.

✅ Hospitality & Tourism: Hotel management, travel agencies, tour operations, and catering services.

✅ Education & Training: Training institutes, language centers, educational consultancy, and materials trading.

✅ Logistics & Trading: Freight forwarding, warehousing, import/export, and distribution services.

✅ Health & Wellness: Medical services, equipment trading, pharmaceuticals, and wellness clinics.

✅ Media & Entertainment: Media production, talent agencies, advertising, and event planning.

✅ Real Estate & Construction: Property development, real estate management, architecture, and engineering consultancy.

Meydan Freezone Business Setup Process

Timeline: 3 to 6 Weeks

Step 1: Choose Business Activity and Structure

Select your desired business activity (commercial, professional, or industrial) and legal structure (e.g., FZ-LLC).

Step 2: Reserve Trade Name

Ensure the name complies with naming regulations and submit it for approval.
Takes 1–2 days

Step 3: Name Reservation

DIFC reviews the application and reserves the company name, ensuring it complies with naming conventions.

Takes 1 day

Step 4: Pre-Approval

DIFC conducts due diligence on the company and its shareholders, including background checks and assessments of the proposed business activities.

Takes 3 to 5 days

Step 5: Document Submission

Gather and submit all required documentation.

Takes 3 to 5 days

Step 6: Payment of Fees

Pay the necessary registration and licensing fees associated with setting up the business in DIFC.

Takes 1 day

Step 7: License Issuance

Once all documents are approved and fees are paid, DIFC issues the business license, allowing operations to commence.

Takes 3 to 5 days

Step 8: Office Space Setup

Secure office space within DIFC and sign a lease agreement.

Takes 3 to 10 days

Step 9: Visa Processing

Apply for visas for shareholders and employees.

Takes 10 to 15 days

Step 10: Bank Account Opening

Open a corporate bank account in Dubai after obtaining the business license.
Takes 1 to 2 weeks

Documents Required in DIFC

Required documents vary based on the legal structure of the business: Private Company, Public Company, Prescribed Company, Branch of a Foreign Company, and Limited Liability Partnership.

Entity Type	Required Documents
Private Company (Ltd)	Application Form Memorandum and Articles of Association Passport copies of shareholders and directors Proof of address for shareholders and directors Business Plan Regulatory approvals (if applicable)
Public Company (PLC)	Application Form Memorandum and Articles of Association Passport copies of shareholders and director Proof of address for shareholders and directors Business Plan Financial statements Regulatory approvals (if applicable)
Branch of a Foreign Company	Application form Certificate of incorporation of the parent company Memorandum and Articles of Association of the parent company Passport copies of local managers Proof of address for local managers Board resolution to establish a branch in DIFC Regulatory approvals (if applicable)
Limited Liability Partnership (LLP)	Application Form Partnership Agreement Passport copies of partners Proof of address for partners Business Plan Regulatory approvals (if applicable)
Prescribed Company	Application Form Memorandum and Articles of Association Passport copies of shareholders and directors Proof of address for shareholders and directors Purpose statement Regulatory approvals (if applicable)

DIFC Company Formation License Requirement

✅ Physical Presence:

Entities are required to establish a physical presence within the DIFC, which includes securing at least a flexible desk within a co-working space or office facility.

✅ Trading Restrictions:

Entities are not permitted to engage in the trading or sale of physical goods. This includes import/export activities and the selling of products through e-commerce platforms.

✅ Technological Solution Requirement:

The business must provide an innovative technological solution. Acceptable areas include software development, artificial intelligence (AI), Web3 applications, technology research and development (R&D), or blockchain solutions.

✅ Non-Regulated Entity Status:

The business must operate as a non-regulated entity. It cannot offer financial services such as financial advisory, investment management, or money service activities.

DIFC Free Zone Business Setup Cost

The cost of a DIFC-free zone business setup varies based on the type of license required for the DIFC company formation. The starting price for all licenses begins at AED 73,460 (approximately $20,000).

This amount typically covers the base license fee. However, there are additional costs to consider. Office space expenses within the DIFC-free zone can vary considerably depending on the location, office size, and the type of facilities selected.

Moreover, the DIFC company formation may involve further expenses such as visa and permit fees for shareholders and employees, and in specific cases, local sponsor fees, though many businesses benefit from 100% foreign ownership within DIFC, eliminating the need for local sponsorship in most instances.

These components contribute to the total investment required to establish a business in DIFC. However, the strategic benefits of operating in one of the world’s leading financial centers, such as robust legal infrastructure, tax incentives, and global connectivity, often justify the initial setup cost.

Note: The price mentioned is a general estimate and may vary based on your specific business requirements. For a customized and accurate cost breakdown, we recommend contacting our DIFC free zone business setup consultants for expert guidance.

Speak with a Business Advisor

Frequently Asked Questions (FAQs)

About Outsourced Accounting & Bookkeeping

Why should I outsource my accounting and bookkeeping needs?

Outsourcing your accounting and bookkeeping tasks to professionals like Gloace Fintax Consultants offers several benefits, including cost savings, access to expertise, improved accuracy, and the ability to focus on core business activities.

How does Gloace Fintax Consultants ensure the security of my financial data?

At Gloace Fintax Consultants, we take the security of your financial data seriously. We employ stringent security measures, including encryption, firewalls, and access controls, to safeguard your data against unauthorized access or breaches.

Can Gloace Fintax Consultants customize its services to meet my specific business needs?

Yes, absolutely. We understand that every business is unique, which is why we offer tailored accounting and bookkeeping solutions to meet your specific needs and goals. Whether you need basic bookkeeping services or comprehensive financial management, we’ve got you covered.

What are the costs associated with outsourcing accounting and bookkeeping to Gloace Fintax Consultants?

The cost of our services depends on factors such as the complexity of your financial needs, the volume of transactions, and the level of support required. We offer transparent pricing and will work with you to develop a customized service package that fits your budget.

How can I get started with Gloace Fintax Consultants?

Getting started with Gloace Fintax Consultants is easy. Simply contact us to schedule a consultation with one of our experts. We’ll discuss your needs, assess your current financial situation, and develop a customized plan to help you achieve your business goals.