MEYDAN FREEZONE (MEYDAN FZ) COMPANY FORMATION
MEYDAN FREEZONE (MEYDAN FZ) COMPANY SETUP
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Meydan Freezone is a free economic zone and a 100% government-owned Dubai free zone. It is located within the Meydan City development, which is known for its world-class horse racing facilities. The free zone also has a 5-star hotel, and a premium golf course and is home to the world’s richest horse race.
Core sectors: Meydan Freezone provides a wide range of business activities and licenses for companies operating in various industries such as technology, logistics, hospitality, and sports. It also offers state-of-the-art infrastructure and services to support the growth of businesses, including modern office spaces, meeting rooms, high-speed internet, and dedicated business support services.
- 100% foreign ownership.
- 0% income tax.
- 0% Corporate Tax provided they comply with all regulatory requirements.
- Optimal business location in Dubai’s downtown.
- Strategic position and cheap business centre.
- 100% business ownership for foreigners and lone shareholders ability to work from a flexible desk.
- 100% capital repatriation, no capital deposit requirements.
- No limitations on currency.
- Easy and rapid Meydan Freezone company creation method.
- Consulting licenses: This license type facilitates management, business, human resources consulting, and other professional services is made possible by consulting licenses.
- Commercial licenses: This license type facilitates different types of items to be imported, exported, traded, and distributed.
- Media license: A media license is issued to a company to perform all sorts of media, advertising, and communication services.
- State-of-the-art office spaces.
- Meydan racecourse.
- Golf course.
- Restaurants.
- Famous Meydan Hotel.
- Limited Liability Company (FZ LLC).
- Branch/Representative office of a foreign company.
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- Meydan Freezone (Meydan FZ)
- Meydan City Development
- 100% Foreign Ownership
- No paid-up capital requirement
- 4 weeks
- Tax and duty exemption
- Required annually
MEYDAN FREEZONE FAQS
Meydan Freezone company setup cost may vary depending on the different free zone company setup packages, license type, legal structure, ownership type and business facilities.
For more details on the cost of your Meydan FZ company setup, contact Creation Business Consultants by email at [email protected] or call
+971 4 878 6240.
Meydan Freezone offers state-of-the-art office spaces, Meydan racecourse, a golf course, restaurants, Meydan Hotel, a fully equipped Business Centre and 24/7 accessible office facilities.
Reach out to our team for more details on the business operating facilities and your Meydan FZ company setup, by emailing [email protected] or calling +971 4 878 6240.
The timeframe for setting up a company in the Meydan Freezone can vary depending on several factors, including the type of company, the business activities involved, and the completeness of the required documents. There are seven basic steps involved with the business registration:
Step 1: Submit company registration application and required documents – 1-3 days.
Step 2: Obtain initial approval from the Meydan Freezone Authority – 1-2 days.
Step 3: Reserve company name and obtain trade license – 1-2 days.
Step 4: Finalise lease agreement for office space – 1-2 days.
Step 5: Obtain approvals from other relevant authorities (e.g., Dubai Chamber of Commerce and Industry) – 2-5 days.
Step 6: Open a corporate bank account – 1-2 days.
Step 7: Obtain visas for company employees (if required) – 1-2 weeks.
Overall, the estimated timeframe for setting up a company in Meydan FZ is around 2-4 weeks, assuming all the required documents are in order and there are no delays or complications during the approval process.
For an expert consultation contact Creation Business Consultants via email [email protected] or call +971 4 878 6240 today.
The types of licenses in Meydan Freezone are consulting licenses, commercial licenses, and media licenses.
If you are looking to set up or expand your business in Meydan FZ, book your free consultation at [email protected] or call +971 4 878 6240. Our business consultants will discuss the different license types and structures that will be suitable for your business registration and needs.
Meydan Freezone provides the following amenities for businesses: State-of-the-art office spaces, Meydan racecourse, a golf course, restaurants, famous Meydan hotel.
Meydan Freezone offers a wide range of business activities that may be suitable to your business needs.
Reserve your free Meydan FZ company setup consultation via email at [email protected] or call +971 4 878 6240.
The license renewal cost in the Meydan Freezone varies depending on the type of license incorporated, shareholding structure, external approvals, office rent etc. We offer a free review of your company renewal costs to see if there is a way to reduce costs and provide service excellence. Book your free Meydan FZ renewal consultation via email at [email protected] or call +971 4 878 6240.
It is possible to amend the company name, business activity, addition or removal of shareholders, registered address and appointment or resignation of company directors. For amendments to your Meydan Freezone license, contact Creation Business Consultants by email at [email protected] or call +971 4 878 6240 and we will analyse your needs and provide a quotation for this service request.
Company liquidation in the Meydan Freezone involves a series of highly streamlined steps and compliance requirements including but not limited to:
- Notifying the authority three months prior to the company termination.
- Appointing a liquidator for cancellation of the company.
- Company dissolution.
- Cancellation of visas and work permits.
- Payment of debts.
- Distribution of assets.
For more information on company liquidation in Meydan FZ, contact Creation Business Consultants at email [email protected] or call
+971 4 878 6240.
Creation Business Consultants can provide services to assist with the incorporation of a Meydan Freezone company and obtaining residency visas for its shareholders and employees. For more guidance on processing your Meydan FZ license, reach out by email at [email protected] or call
+971 4 878 6240.
Meydan Freezone offers the following three types of company formation options:
- Limited Liability Company (FZ LLC).
- Branch/Representative Office of a Foreign Company.
For information and advice on employment visas in the Meydan Freezone, contact Creation Business Consultants via email at [email protected] or call +971 4 878 6240.
There is no minimum required paid-up share capital to set up a company in Meydan Freezone.
Meydan Freezone regulations require a minimum of one (1) shareholder and allow a maximum of seven (7) shareholders to form a company.
No, Meydan Freezone is an onshore free zone.