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Cost of Meydan Free Zone License in 2026
The cost of the Meydan Free Zone license will depend on the visa required, business activities planned, special approvals needed, and other specific requirements. The starting price we mention here indicates the cost of the trade license only. And does not include additional visa expenses, bank charges, fees for special approvals, etc. We would be happy to assist you in case you want a detailed assessment of expenses for a business setup in Meydan.
| Package Type | Visa Allocation | Starting Price (AED) | Ideal For |
|---|---|---|---|
| Zero-Visa Package | 0 | 12,500 | The businesses, freelancers, and start-ups are looking to establish a company with minimal overhead. Business operations without hiring employees are possible with this package. |
| One-Visa Package | 1 | 14,350 | Only a 01 visa is possible with this package. You can hire an employee with this if you already have a visa. |
| Two-Visa Package | 2 | 16,200 | It allows visas, as the package name indicates. Two expat employees can be hired for the company in Meydan Freezone with this package. |
| Three-Visa Package | 3 | 18,000 | Businesses and companies that need at least 03 employees for operations. This business package in Meydan allows the hiring of 03 expatriate employees. |
| Four‑Visa Package | 4 | 19,500 | Companies and teams that need at least 04 employees for operations can opt for this package. Firms that aim for expanded business activities can pick this one. |
How to Set Up a Meydan Free Zone Company
The process to set up a company in Meydan freezone is affordable, straightforward, simple, and convenient. An advanced free zone integrated with investor-friendly regulations, it is suitable for businesses of any level, including freelancers, start-ups, SMEs, and global organizations. Kiltons supports you at every stage of the Meydan Free Zone company setup, from license selection to documentation and approvals. Our expert team ensures a smooth, hassle-free business setup experience in Dubai.
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Types of Business Entities in Meydan Free Zone
Meydan Freezone allows business formats suitable for diverse investment options. From Sole Establishment to Multiple Shareholder LLCs, investors can choose the company structure according to the business plans.
| Entity Type | Description | Ownership |
|---|---|---|
| Sole Establishment | Sole Establishment is a single-owner company option. This is ideal for solo entrepreneurs, freelancers, and professionals offering services. | 100% |
| Limited Liability Company (LLC- Single Shareholder) | LLC with only one investor. Start-ups or small firms owned by an individual can choose this business structure. | 100% |
| Limited Liability Company (LLC-Multiple Shareholders) | Unlike the single shareholder LLC, this business structure will have 02 to 50 shareholders. The investment can be completely foreign, local, or a mix of both, including expat involvement. | 100% |
| Branch of a Foreign Company | A branch or extension of a foreign company established to increase its presence and business reach. | 100% |
| Branch of a UAE-based Company | Branch or extension of a UAE-based company operating from the Mainland or any of the other free zones across the country. | Owned by the UAE company |
Documents Required for Meydan Free Zone Business Setup
For an Individual Shareholder
- Copy of Passports of Shareholders/ Directors/ Managers
- Visa and Emirates ID (if applicable)
- CV of Shareholders/ Managers (if required)
- Proof of Address
For Corporate Shareholders
- Certificate of Incorporation of the Parent Company
- Articles of Association
- Memorandum of Association
- Certificate of Incumbency (latest)
- Board Resolution
Timeline Breakdown for Meydan Free Zone Business Setup
Company formation formalities in Meydan Free Zone (MFZ) can be completed in a week. Ensure that all the documents necessary to submit the application are in the prescribed format. Some business activities might require additional approvals from the Meydan authority.
Identify the business activities you would be undertaking. Although quite a few documents are generic in nature, a few businesses require specific documents. Prepare all the documents with the help of a business setup service.
Naming regulations are strict in the UAE. It applies to every jurisdiction. Finalize a name according to the regulations and forward it to the MFZ Authority for approval.
Once the trade name has been approved, all the documents will be processed in this name. Submit the application and documents for a business license. The Meydan Free Zone authority will scrutinize the documents, confirm the authenticity and completeness, and issue the license.
The trade license, Certificate of Incorporation, Passport Copies of the Shareholders, etc., are required for opening the bank account. The bank may take up to 10 days to complete the process. KYC formalities, review of the documents, and meeting with the shareholders will be pursued during this timeframe.
This step is optional, applicable only to business packages that include a visa. Visa and Establishment Card processing and issuance may take up to 02 weeks.
Key Advantages - Meydan Free Zone
Meydan Freezone presents the investors with several benefits, making it difficult to choose any other free zone. The foremost aspect is that Meydan is suitable for every kind of entrepreneur, from freelancers to multinational companies.
100% Foreign Ownership
Companies in Meydan can have 100% foreign ownership. It is on the discretion of the investors to have a local partner in the case of multiple investor LLC companies. Such LLCs can have foreign investment or mixed investment.
Diverse Business Options
Meydan is a comfortable and progressive home for every type of business. Media, e-commerce, trading, consulting, and whatnot. Every kind of business activity is welcome here.
Simple and Quick Business Setup
Physical presence is not required for starting a company in Meydan Free Zone. A business support agent can complete the official formalities on your behalf. Moreover, the business setup process is quick and simple.
Budget-friendly Business Packages
Whether you are an established entrepreneur or a start-up testing the water. You can form the company and commence business operations on a minimal budget in Meydan Free Zone.
Single License, Multiple Activities
No need for multiple licenses to carry out multiple business activities. You can perform more than one business in a single license. That is another advantage of the business setup in Meydan.
Licensing
Meydan Free Zone
Need help?
1
Confirm the Business Activities
Meydan allows multiple business activities under one license. It would be ideal to have mutually complementing business operations under one roof. Analyse and confirm the business activities.
2
Company Structure
Free Zone LLC (FZ-LLC) with a single shareholder, FZ-LLC with multiple shareholders, sole proprietorship, and a branch of a company are the company structures permitted in Meydan. No need to think much if you are planning to become a sole entrepreneur or start a branch. A decision regarding the other types of company structure may require a detailed assessment.
3
Business Package
The business package will have a direct implication on the budget. Determine how much you want to spend on the business setup, what the actual requirements are, and how the business activities are going to be undertaken. Pick a business package accordingly.
4
Trade Name Registration
Blasphemous, political, and religious names are not allowed in Meydan. Also, the business name should not resemble any global entity. Register the trade name with the authority before proceeding with the next step.
5
Document Submission and License Fee
Prepare the documents (for individual shareholders and corporate shareholders) as per the list promulgated by the MFZ Authority. Examine and confirm that they are accurate and authentic. Submit the document, license application, and pay the license fee.
6
Issuance of Trade License
Meydan Freezone authority issues a trade license in 2-3 days (01 day, in some cases). A Certificate of Incorporation is also issued along with the license.
7
Opening Corporate Account and Visa Processing
The business license, company incorporation certificate, and other associated documents can be used for opening a corporate bank account. The visa and establishment card process can be initiated subsequently.
Meydan Free Zone Business Bank Account Assistance
Popular Banks
- Wio Bank
- Bank of Baroda (UAE)
- MBank (Al Maryah Community Bank)
- RAK bank
- Ajman bank
- Abu Dhabi Islamic Bank (ADIB)
- Commercial Bank of Dubai (CBD)
Required Documents
- Trade License
- Certificate of Incorporation
- Memorandum of Association
- Articles of Association
- Share Certificates
- Board Resolution
- Proof of Address of Shareholders and Signatory
- Copies of Passport
- CV of Shareholders/ Directors
- Visa Copies (As applicable)
- Business Plan
- Lease Agreement
Bank Interview
Banks in Meydan Freezone usually undertake a verification meeting before opening a corporate bank account. This interview/ meeting is for understanding the business activities, nature of business, and shareholders. As part of the bank’s regulations and anti-money laundering checks.
Account Opening Timelines
Banks in Meydan, as in any jurisdiction, perform meticulous scrutiny of documents before approving a corporate bank account. Hence, the timeline for opening a corporate bank account may extend up to 04 weeks, depending on the bank and the accuracy of documents.
Talk to an expertOffice Options Available in Meydan Free Zone
The visa permitted in Meydan depends on the type of office space and business package chosen. Therefore, determine the package and business space as per the company's operation plans and employees needed. Business packages with a visa quota would be necessary if you are planning to hire expatriate employees.
| Workspace Type | Description | Suitable For |
|---|---|---|
| Virtual Office | Office space with an address only. Physical desk or presence not possible. | Freelancers, new companies planning to operate remotely, solo entrepreneurs, and start-ups beginning on a low budget overhead. |
| Flexi-desk/ Co-working Space | A shared workspace, without a specific desk allotted. Amenities and meeting rooms will be shared among the businesses using the flexi desk/ co-working space. | Start-ups, freelancers, and small teams require periodic presence in the UAE. Companies that do not need a private workspace. |
| Fixed Desk | A dedicated workspace in a flexi-desk environment. More access to amenities. Locked storage space is allotted in some fixed desk options. | Growing companies and businesses need a fixed workstation. |
| Private Office | Furnished or unfurnished private office spaces with customization options. Complete privacy, lockable, with exclusive amenities. Offers a credible image. | SMEs, companies with teams, and entities needing private space for operations. |
| Warehouse/ Retail Space/ Commercial Space | Large spaces designed for storage, supply, and retail purposes. This is different from flexi-desks and private spaces. | Firms having logistics business operations, inventory deals, retail business, goods storage, and supply, etc. |
Meydan Free Zone License Types & Sample Business Activities
Meydan Freezone license assures safe and secure operation of the business in this jurisdiction. The authority assures a comfortable and growth-centric environment for the companies.
Commercial License
Intended for companies involved in trading, export, import, retail, and other commercial activities.
Sample Activities :
- General Trading
- Foodstuff Business
- Retail Sales of Goods
Media License
For businesses in the media field, including content creation, advertising, marketing, and publishing.
Sample Activities :
- Digital Marketing Companies
- Book Publishers
- Advertising and Marketing Firms
Service License
Service and consultation license in Meydan Freezone allows companies to be involved in real estate, consultation services, technical services, etc.
Sample Activities :
- Management Consultation
- Real Estate
- Technical Support Services
- IT Consultation
E-commerce License
License for the sale of products and services through online apps, social media, and web portals. This license overlaps with a commercial or service license.
Sample Activities :
- Dropshipping
- Online Shops
- Digital Product Sales
Industrial License/ Manufacturing License
A license is required for starting a manufacturing, assembly, or production company in Meydan Freezone.
Sample Activities :
- Production of Minor Machinery
- Assembly of Small Components
- Automobile Workshop
Freelancer/ Professional License
Required for freelancing individuals and professionals offering services and products.
Sample Activities :
- Photographer
- Graphic Designer
- Content Creator
- Tutors and Trainers
Holding or Investment License
Companies holding shares in other businesses, managing intellectual property, and making investments need to have a holding or investment license.
Sample Activities :
- Holding Company with Shares in Other Businesses
- Real Estate Investment
Meydan Free Zone Company Renewal
The Meydan Freezone Company renewal can be undertaken online. The process is simple. Log in to the Meydan Free Zone online portal, upload the necessary documents, pay the renewal fee, and receive the renewed trade license. Another easier way is also available. Talk to us and let our specialist pursue the process on your behalf.
- Keep the documents required for renewal of the annual license ready.
- Log in to Meydan Portal with the admin credentials you have.
- Pay the license renewal fee.
- Receive the renewed license.
- Undertake employee visas and tenancy contract renewal simultaneously.
License Cancellation
Exit Process, Visa Cancellation, Final audit (if applicable)
Meydan Free Zone Company Amendments
Meydan Free Zone allows the amendment of the company name, shareholders, business activities, structure, and several other aspects related to the entity. Although there is an amendment fee charged as per the type of amendment, it is waived if the amendment is applied within the first year of the license issue. Meydan charges less or charges are waived off normally, if the amendment is requested during the annual license renewal.
- Ascertain and confirm whether the amendment is permitted or not.
- Confirm the documents to be submitted for the amendment.
- Prepare the documents.
- Log in to the Meydan Freezone portal and submit the request for amendment.
- Upload the documents.
- Pay the amendment fee (if required)
- Receive the amended certificate.
- Implement the changes as approved.
Meydan Free Zone Company Cancellation
Liquidation or dissolution of the company due to poor performance or board decision, due to any other reason(s), is allowed. The Meydan authority has stipulated a company cancellation procedure. This prevents any subsequent complications and assures a smooth closing down of company operations.
- Board resolution for the liquidation of the company.
- Application for cancellation of employee visas and Establishment Card (if applicable).
- Pay all the outstanding dues and liabilities.
- Pay the utility bills and government fees pending, if any.
- Obtain a closure letter from the bank after closing the corporate account.
- NOC from Meydan Freezone Authority.
- Clearances from government authorities, as required.
- Publish the company's liquidation notice in Arabic and English newspapers.
- Submit the final audit and liquidation report to the Meydan authority.
- Return all the original documents to the respective authority.
- Obtain the Meydan Company cancellation certificate.
Hidden Cost to be Aware of
Meydan authority ensures that all the fees are informed to the investor in advance. The fee for every service is indicated clearly. Nonetheless, there are certain charges that the client may miss out on. Consequently, the budget calculation may not be accurate. Such charges include:
- Visa expenses for the employees
- Expense for medical test
- Fee to be paid for the lease agreement
- Corporate bank account opening charges
- Auditing fee
- Amendment charges
- Fee for additional approvals
Is Meydan The Right Choice For You
Meydan is Ideal For
Meydan offers business setup on a low budget, without unnecessary overheads. Flexible licensing solutions make it ideal for freelancers, content creators, digital firms, digital creators, and others focusing on this field.
SMEs can have office spaces as per their business objectives, budget, and future goals. The flexibility and the growth-centric environment are well-suited for SMEs.
General trading, logistics, import, and export activities are supported by the exclusive licensing options in Meydan. In addition, the advanced facilities and great connectivity are also advantageous.
E-commerce and online businesses can have a license tailored to their needs, combining diverse activities. Thus, it suits the business objective of the firm.
Professionals offering services including consultation, counselling, and guidance can choose Meydan Free Zone. Besides having supportive policies, this free zone offers a prestigious business address.
Meydan May Not be Ideal For
Large logistics firms will require large storage facilities and support for shipping. Moreover, the connectivity with a logistics hub, airport, or seaport is crucial. Considering these aspects, Meydan is less suitable for large logistics firms.
Manufacturing industry, production plants, and industrial firms may not find Meydan ideal for them. The infrastructure, licensing, and facilities are not appropriate for the sector.
Retail businesses relying heavily on customer footfall may avoid choosing Meydan.
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