Want to set up a consulting or trading business in the UAE? Why not go to Meydan free zone, a strategically located jurisdiction offering tax, cost, infrastructure and other benefits.
Meydan free zone is an economic free zone in Dubai, located in a strategically important place and very close to downtown Dubai. It is a cost-effective free zone in Dubai for startups and business setup. Situated in a good location for business, Meydan Freezone drives entrepreneurs with state-of-the-art telecommunications and high-speed internet connectivity.
Meydan is one of the cheapest business centres where the business formation is streamlined to promote low-cost startups and business to flourish. The goal of Meydan Group is to bond the world with the Emirate of Dubai through international horse racing and equestrian events. This economical free zone in Dubai has a broad spectrum of sectors with a range of commercial developments, hospitality, sports, entertainment and amusement services, a series of state-of-the-art business parks, residential villa communities, schools, hospitals, business towers with luxury waterfront developments and shopping destinations.
Danburite is diverse and encompasses all strands of consulting to help find the right business setup in the Meydan free zone. We are passionate to provide assistance in this good location for business via the company registration process, opening bank accounts, meeting visa requirements, getting qualified bookkeeping services and finally acquire your Meydan license. We also help entrepreneurs find their feet in other cost-effective free zones across Dubai.
Meydan free zone authority, the governing body, offers licenses for consultancy, media and trading. The fees are similar across all license types.
Meydan free zone business setup is subject to certain documents that may vary as per the license type. Here’s a brief description of what all is required.
|Documents||LLC (Individual shareholder)||LLC (Corporate Shareholder)||Branch|
|Certificate of Incorporation||Not Required||Required||Required|
|Memorandum & Articles of association||Not Required||Required||Required|
|Board resolution to establish a new company||Not Required||Required||Not required|
|Board resolution to establish a new branch||Not Required||Not Required||Required|
|Certificate of good standing, valid trade license||Not Required||Required||Required|
|Board resolution giving signatory authorization or Power of attorney for the third party||Required||Required||Required|
| Supporting documentation |
-Passport copy of the individual shareholder
-Passport copy of director, Company Secretary
-Passport copy and UAE visa of General Manager
Meydan free zone company setup cost is low compared to most other free zone jurisdictions. Though additional expenses may apply, here’s a brief description of the total costs involved.
|Application Fee||AED 520|
|Registration Fee||AED 10,020|
|License fee (per activity)||AED 10,020|
|Additional activity if Required||AED 5,020|
|Establishment Card||AED 1,800|
|Refundable Deposit **||AED 10,000|
One key benefit of Meydan free zone company setup in UAE is easy availability of virtual office facility. At just AED 6000, it’s cost effective as well.
|Virtual Office – 2 Visa eligibility||AED 6000|
If you require visas during or after the Meydan free zone business setup in Dubai, they are easily available. However, the fee may vary according to the visa type.
|Employment visa – Outside Country||AED|
|Employment visa – Inside Country||AED|
|Emirates ID||AED 372|
|AED 300||AED 870|
Meydan free zone company setup procedure is convenient, transparent and streamlined. Mentioned below is a brief insight into the 6 easy steps involved in the process.
Let's summarize the key benefits of Meydan free zone business setup.
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