Meydan Free Zone Business Setup in Dubai: Cheapest Free Zone Options
Meydan Free Zone Business Setup in Dubai
Meydan Free Zone (MFZ) is famous for its cost-effectiveness and fully digital company setup services, making it one of the best locations in Dubai to start a company. It was established in 2009 and since then it has seen much growth. With 2500+ running businesses and a large annual revenue that contributes to Dubai’s economy, it offers new businesses a chance to substantially grow with little effort and investment.
Here’s why Meydan is special:
- Meydan is a famous place in Dubai with a huge and modern design. Its grandstand is one of the longest buildings in the world.
- It hosts big events like the Dubai World Cup, one of the richest horse races. People from all over the world come to watch.
- Meydan is more than just racing. It has hotels, a golf course, offices, and homes. It is an important part of Dubai’s growth.
You have to acquire a business license for company formation in the UAE free zone. There are several other steps to it as well like initial application, filling in business activities, lease agreements, etc. It’s a simple process but carries much importance.
If you’re a startup founder, a businessman, or an investor exploring Meydan, this guide is for you. This guide walks you through everything you should to know.
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Types of Business License in MFZ Dubai
Everything under the industry of trade and commerce comes under the jurisdiction of this license. Business examples include import and export companies, retail stores, wholesale trading firms, electronics shops, auto spare parts dealers, fashion and apparel stores, food and beverage traders, perfume and cosmetics shops, building materials suppliers, medical equipment traders, jewelry stores, textile businesses, pet supply shops, and industrial machinery traders.
Every commercial activity that comes under the theme of consultancy and expert services needs this type of license. Business Examples include management consulting firms, legal consultants, marketing agencies, IT consulting companies, financial advisory firms, HR and recruitment agencies, business setup consultants, education and training providers, real estate consultants, media and branding agencies, investment advisory firms, and tax consultancy services.
Businesses that belong to the media industry have to acquire this type of license. Examples include advertising agencies, digital marketing firms, PR agencies, publishing houses, film production companies, TV and radio broadcasting, event management firms, graphic design studios, photography and videography services, content creation agencies, social media influencers, gaming and animation studios, music production companies, media training institutes, and news agencies.
E-commerce has become the new trend, facilitating shopping and client experience. Any business under this domain requires an e-commerce license from the MFK authority. Business examples include online retail stores, dropshipping businesses, marketplace platforms, digital product sellers, subscription box services, social media-based businesses, online grocery stores, virtual consultancy services, and software-as-a-service (SaaS) providers.
Top Selling MFZ
Promotions
Basic
STARTING FROM
AED 11,900.00
Save up to AED 1,785.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 17,900.00
Save up to AED 2,685.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 25,400.00
Save up to AED 3,810.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 23,900.00
Save up to AED 3,585.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 27,400.00
Save up to AED 4,110.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 25,900.00
Save up to AED 3,885.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 29,400.00
Save up to AED 4,410.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 31,400.00
Save up to AED 4,710.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 29,900.00
Save up to AED 4,485.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 33,400.00
Save up to AED 5,010.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 31,900.00
Save up to AED 4,785.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 35,400.00
Save up to AED 5,310.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 33,900.00
Save up to AED 5,085.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 37,400.00
Save up to AED 5,610.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 35,900.00
Save up to AED 5,385.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 39,400.00
Save up to AED 5,910.00
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 37,900.00
Save up to AED 5,685.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 41,400.00
Save up to AED 6,210.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 39,900.00
Save up to AED 5,985.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 43,400.00
Save up to AED 6,510.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Process and Timeline
- 1Should be 18 years old and above
- 2Should not have any criminal records
- 3The business should be legally permissible
- 4Should be an individual, corporate or mixed of both
Company Registration
For Individual Shareholder/s
1. Scanned passport copy
2. Emirates ID copy (back & front), if applicable
3. Scanned visa copy/UAE Entry Stamp/Tourist or Visit Visa Copy
4. Number of Shareholders with sharing (%) of Manager of the company
If Manager is not a Shareholder:
1. Full Name as per the passport
2. Valid Phone Number
3. UAE Home Address
4. Scanned passport copy
5. Passport size with white background
6. Scanned copy of the visa page
7. Emirates ID copy (back & front)
For Corporate Shareholder/s
1. Board resolution
2. Trade License, MOA, Incumbency, Share Certificate of the shareholding company
3. Passport copy/ies of the UBO/s
4. Passport copy/ies of the Manager/s
5. Visa of the Manager/s if UAE resident
6. UAE Home address of the Authorized Signatory
7. Passport size photo of the Authorized signatory
8. Number of Shareholders with sharing (%) of Manager of the company
Residence Visa Application
Company Documents
1. Trade License copy
2. Establishment Card copy
Applicant
1. Scanned passport copy, should be current and valid for at least 6 months – coloured, uncut with full border
2. Passport size photo with white background
3. Tourist or visit visa/Residence Cancellation report copy (if applicable)
4. Emirates ID copy (if applicable)
5. Duly filled visa application form
License Package Fees
Standard License – Zero Visa Package
Starts from
AED 11,900
Standard License – With Visa Package
Starts from
AED 17,900
Immigration Fees
Establishment Card – New
AED 2,000
Establishment Card – Renewal
AED 2,200
Visa Application Fees
Residence Visa – 3 years
AED 3,750
Additional AED 1,000 on the visa fee if applying for an Investor/Partner Visa and an AED 48,000 share capital is required.
Change Status
AED 1,600
Applicable if within the UAE application only.
Medical Test
Normal (48 hours) – AED 450
VIP (within 24 hrs) – AED 750
Emirates ID – 3 years
AED 375
Company Registration
Trade Name Approval
1 business day
Shareholder’s Security Approval
5-7 business days
Trade License Issuance
3-4 business days
Establishment Card Application
1 business day
Establishment Card Issuance
5-7 business daysResidence Visa Application
Electronic Visa Application
5-7 business daysClient Arrival (if outside the UAE) | Change Status (if within the UAE)
Depends on the client | 2-3 business daysMedical Test
1 business dayMedical Test Result Release
Normal - 2 business days | VIP - within the dayEmirates ID Typing
1 business day
Obtaining Health Insurance
Depends on the client | Mandatory if applying in Dubai & Abu Dhabi
Visa Approval
5-7 business days
Emirates ID Biometrics & Photo Capturing
Approx. 15-20 business days from the date of Emirates ID typing
Emirates ID Issuance
5 business daysHow to Start a Business in Meydan Free Zone
Meydan offers over 3500 activities you can engage in. You have to select the set of activities your operations will revolve around, which will decide the type of license you need to acquire from the authorities.
Register a name for your business. It has to be unique. Check the availability of your preferred names. It must not offend society’s norms or go against its policies.
Based on your chosen activities, acquire a license from the free zone authority. This step is important. It legalizes your activities and dealings. Without a business license, your company has no legitimacy.
Submit the required documents. Make sure that all the documents are updated and valid. A mistake in this step can cause delays and fines.
The amount usually depends on the company’s size, type, and the nature of business operations. Confirm the registration fee with the authority and pay it in the given time period.
Get an office space (or a virtual office). Getting a corporate space of any kind will require you to sign a lease agreement. Do market research to get yourself the best rates and suitable options.
With a license in hand, open a corporate bank account in the name of your business. It’ll streamline all your business transactions and let you enjoy the financial facilities of the free zone.
With that, you are all set to start your business operations. Explore the market, study different strategies, and spend some budget on marketing to help you stand out in the competitive market of Dubai.
Benefits of Meydan free Zone Business Setup
100% foreign ownership
Tax-free business zone
Fast company setup
Strategic Dubai location
World-class infrastructure
Easy visa processing
Access to global markets
Flexible office options
Top Business Activities and Industries in MFZ
Consultancy
Consultancy and professional services are the most in-demand activity in MFZ. This industry offers much room to grow. It involves business, financial, legal, and management consulting services.
Trading
Got a taste for trade and commerce? Meydan offers you the perfect business environment for it. This industry is rapidly growing. Examples include import/export, general trading, and wholesale distribution.
Media
If you’re a media person/company, Meydan is the perfect place to start. The growth in technology has enabled this industry to revolutionize rapidly. Examples include advertising, digital marketing, content creation, and PR.
Types of Company Setups in Meydan UAE
FZ LLC
This is the most common type of structure in Meydan. It is a separate legal entity. The liability of shareholders is limited to their shares in this structure. Benefits include separate legal identity from owners, limited liability protection, and foreign ownership.
Single Shareholder Company
This type of setup allows a single individual or company to own and regulate the business. It is perfect if you don’t have any partners. Benefits include full control by a single owner, low setup and operational costs, and a simplified business structure.
Branch Office
This setup is suitable if you have a business elsewhere (local or international) and you need representation in the Meydan free zone. Benefits include expansion into the UAE, no need for additional share capital, and access to Dubai’s business ecosystem.
Need Help Setting Up a Business in MFZ?
It is beneficial to hire a business consultancy firm to help you handle all the legal and operational matters for you. It'll streamline the process while allowing you to sit back and relax. It is also important to understand the laws and norms of the emirate and free zone. The better you get the market trends, laws, and regulations, the higher the chance you have of standing out against your competition.
Frequently Asked Questions
What makes this economic free zone located in Dubai unique?
This zone ensures a seamless registration process, allowing entrepreneurs to start their ventures quickly with minimal paperwork.
Can I set up a company in Dubai without a local sponsor?
Yes, this UAE free zone allows 100% foreign ownership, meaning you don’t need a local sponsor.
What are the key benefits of setting up your business in this zone?
Meydan Free Zone offers tax advantages, full foreign ownership, and access to global markets, making it ideal for startups and SMEs.
How much does it cost to get a free zone permit in the UAE?
The freezone permit cost depends on the type of business and number of visas required. It is one of the most affordable free zones in Dubai.
What types of companies can be formed here?
You can establish a limited liability company, a sole proprietorship, or a branch office of an existing business.
What business activities can I engage in?
You can explore everywhere. Explore commercial activities such as consultancy, trade, media, and global e-commerce with Dubai.
How does this free zone setup process work?
The setup process is straightforward—choose your company name, submit documents, pay fees, and receive your permit.
Can I conduct business outside Dubai from this location?
Yes, the free trade policies allow businesses to expand internationally with ease.
Is this zone suitable for e-commerce businesses?
Absolutely! It provides a strong platform to take your business global through digital trade.
Is every firm with a “Contact Us” title good for me?
No, you have to look for certain qualities in the consultants you hire to assist you in Meydan Freezone. Look for long-term experience, specific solutions, good visa packages, and client reviews.
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