Meydan Freezone:
Why Choose Meydan Free Zone?
Meydan Free Zone is an attractive destination for business due to the following benefits:
- Strategic Location: Proximity to Dubai International Airport, Downtown Dubai, and major logistics hubs.
- 100% Ownership: Companies enjoy full foreign ownership without the need for a local sponsor.
- Tax Advantages: Zero corporate and personal taxes.
- Flexible Packages: Competitive pricing and tailored solutions.
- Ease of Operations: Simplified licensing and registration processes, along with robust infrastructure.
Types of Licenses in Meydan Free Zone
MFZ offers various types of licenses to cater to diverse business needs:
- Consultancy License
- Ideal for businesses offering professional and advisory services.
- Examples: Management consulting, HR consulting, IT consulting.
- Trading License
- For companies involved in the trading of goods.
- Includes import, export, and distribution of a wide range of products.
- Media and Marketing License
- Focuses on creative industries, including digital marketing, advertising, and content creation.
- E-commerce License
- Designed for businesses engaged in online trading and digital commerce activities.
- General Trading License
- Covers a broad spectrum of trading activities, allowing for greater business flexibility.
- Freelance Permit
- Allows individuals to work as freelancers in their chosen profession.
Types of Licenses in JAFZA
JAFZA offers several types of licenses to suit different business models and activities:
- Trading License: For import, export, distribution, and storage of goods.
- Service License: For companies offering consulting, IT, and other professional services.
- Industrial License: For businesses involved in manufacturing, production, or assembly.
- E-commerce License: For businesses operating online platforms or engaging in online trading.
- General Trading License: Allows trading in a wide range of products under a single license.
- National Industrial License: For manufacturing companies with at least 51% GCC ownership, offering additional incentives.
Meydan Free Zone supports over 1,500 business activities across various sectors, including:
- Consultancy and Advisory: Management consulting, financial advisory, and legal consulting.
- Technology: Software development, IT solutions, and tech consulting.
- Trade and Commerce: Import/export, wholesale trading, and general trading.
- E-commerce: Online retail platforms and digital marketplaces.
- Media and Marketing: Advertising agencies, content creators, and event management firms.
- Healthcare and Wellness: Health consulting, fitness training, and wellness coaching.
- Education and Training: Corporate training, online learning platforms, and professional workshops.
Identify your primary business activity and select the corresponding license.
- Easy Step Consultancy will do all the necessary documentation and get required approvals for you, just provide required documents, including:
- Passport copy of the owner(s).
- Passport size picture with white background
- Proof of residence (utility bill or tenancy contract).
- Business plan (for certain activities)
- Three proposed business names
- Upon approval, pay the necessary fees for registration, licensing, and other services.
- Once approved, you will receive your trade license, certificate of incorporation, and other relevant documents.
Finalize the Memorandum of Association (MoA) and other required legal documents.
Pay the registration, licensing, and office leasing fees to finalize your setup.
Pay registration, licensing, and leasing fees.
Once approved, your business license will be issued, allowing you to commence operations.
Costs of Setting Up a Business in Meydan Free Zone
The costs of establishing a company in MFZ are competitive, making it an attractive choice for entrepreneurs. The fees vary depending on the number of visas, office requirements, and business activity.
License Packages
- Zero Visa Quota
- License fee: AED 12,500/year.
- Suitable for businesses not requiring visas.
- One Visa Quota
- License fee: AED 14,350/year.
- Includes visa eligibility for one employee.
- Two Visa Quota
- License fee: AED 17,100/year.
- Offers flexibility for a small team.
- Three Visa Quota
- License fee: AED 19,500/year.
- Custom Packages
- For larger teams or specific requirements, custom packages are available.
Meydan Freezone
Additional Costs
- Visa Fees: Approximately AED 4,500 to AED 6,500 per visa (inclusive of medical and Emirates ID).
- Office Space: Options range from virtual desks to physical office spaces, starting at AED 1,000/month.
- Miscellaneous Fees: Attestation, document clearance, and bank account opening charges.