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Meydan Free Zone Business Setup: Your Ultimate Guide for 2025


Meydan Free Zone offers 100% foreign ownership, tax-free benefits, and fast business setup in Dubai. Entrepreneurs can register a company in 2-3 days through a fully digital process with no physical office required. The free zone supports 3,500+ business activities, including e-commerce, consulting, and media. Businesses benefit from zero corporate tax, full profit repatriation, and flexible visa options. Located near Downtown Dubai and major trade hubs, it provides easy access to global markets. With cost-effective licensing, MeydanPay digital banking, and scalability options, it is an ideal choice for startups, SMEs, and international investors looking to expand in the UAE.

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Dubai is a global business hub, attracting entrepreneurs and investors worldwide. Meydan Free Zone is one of the best places to start a business in Dubai. It offers low costs, tax-free benefits, and a prime location. This guide will walk you through how to set up a company, get a business license, and open a bank account in Meydan Free Zone. We will also explore industry-specific opportunities, expansion options, and how to overcome potential challenges.

Why Choose Meydan Free Zone for Business Setup?

Meydan Free Zone is one of Dubai’s most entrepreneur-friendly free zones, offering fast business setup, tax-free benefits, and complete foreign ownership. Located in the heart of Dubai, it provides easy access to global markets, financial hubs, and key business districts.

Here’s why Meydan Free Zone is a great choice for startups, SMEs, and international businesses.

1. Fast and Easy Business Setup

  • Quick registration – Business licenses are issued in 2-3 days.
  • Fully digital process – Apply online with minimal paperwork.
  • No physical office required – Start with a Flexi-Desk instead of renting office space.

This makes it one of the easiest free zones to start a business in Dubai.

2. 100% Foreign Ownership and Full Profit Repatriation

  • Unlike mainland companies, no local sponsor is required.
  • Entrepreneurs can own 100% of their business.
  • Full repatriation of profits and capital without restrictions.

This allows complete control over business operations and finances.

3. Zero Corporate and Personal Income Tax

  • 0% corporate tax on business income.
  • 0% personal income tax, meaning you keep all your earnings.
  • No import or re-export duties, reducing operating costs.

This makes Meydan Free Zone one of the most tax-efficient places to do business.

4. Prime Location Near Downtown Dubai

  • Minutes away from Dubai International Airport, financial districts, and trade hubs.
  • Close to logistics corridors, seaports, and transport networks.
  • Located in The Meydan Hotel complex, an international business and lifestyle hub.

This strategic location makes it easy to connect with clients, suppliers, and investors.

5. Wide Range of Business Activities

  • More than 3,500 approved business activities across multiple industries.
  • Options include consulting, trading, media, technology, e-commerce, and more.
  • Businesses can combine multiple activities under a single license.

This provides greater flexibility for expanding your business.

6. Access to a Global Business Network

  • Meydan Free Zone is a business and networking hub with companies from around the world.
  • Entrepreneurs can collaborate with international investors, professionals, and industry leaders.
  • MeydanPay offers digital banking solutions to simplify global transactions.

This helps businesses scale quickly and reach international markets.

7. Cost-Effective Business Setup

  • Lower startup costs compared to many other Dubai free zones.
  • No annual audit requirement, reducing administrative expenses.
  • Affordable Flexi-Desk options, allowing remote business operations.

This makes it an ideal choice for startups, consultants, and online businesses.

8. Easy Business Expansion and Scalability

  • Companies can upgrade from a free zone to a mainland business if needed.
  • Visa packages allow businesses to hire employees and expand operations.
  • Businesses can add more activities and scale up office space over time.

This ensures long-term growth and flexibility for entrepreneurs.

9. Government Support and Business-Friendly Policies

  • Backed by the UAE government, providing a stable and secure business environment.
  • No restrictions on hiring employees from any nationality.
  • No currency exchange limitations, making international trade easier.

This creates a hassle-free business environment with strong legal protections.

Key Benefits of Setting Up a Business in Meydan Free Zone

  1. Prime Location – Near airports, ports, and business hubs.
  2. Affordable Business Setup – Low-cost licensing options.
  3. Digital Business Platform – Manage everything online, with paperless registration.
  4. Co-Working & Flexi-Desk Spaces – Budget-friendly office solutions.
  5. No Hiring Restrictions – Employ staff from any country.
  6. Industry-Specific Support – Tailored solutions for startups, SMEs, and large corporations.
  7. Flexible Banking – No restrictions on currency exchange for global trade.
  8. Fast Licensing & Approvals – Start operating in 2-3 days.

Business License Types in Meydan Free Zone

Meydan Free Zone offers three main types of business licenses, allowing entrepreneurs to operate in various industries. Each license is designed to meet the needs of different business activities, from consulting services to trading and media production.

1. Consulting License

A Consulting License is ideal for professionals and businesses that offer specialized services. This includes advisory, management, and technical consulting.

Examples of Businesses That Require a Consulting License:

  • Business and management consulting
  • Financial and accounting services
  • Legal consultancy (non-advocacy)
  • HR and recruitment agencies
  • IT and software consulting
  • Market research and analysis

Who Should Apply?
Entrepreneurs, professionals, and small firms that provide expert advice or specialized services.

Benefits:

  • No requirement for a physical office
  • Suitable for freelancers and solo consultants
  • Ability to serve clients globally

2. Commercial License

A Commercial License is required for businesses engaged in trading, selling, or distributing products. This includes businesses involved in e-commerce, import/export, and general trading.

Examples of Businesses That Require a Commercial License:

  • E-commerce stores and online businesses
  • Import/export of goods
  • General trading companies
  • Retail and wholesale businesses
  • Automotive trading and spare parts sales

Who Should Apply?
Entrepreneurs and businesses that sell goods, products, or trade internationally.

Benefits:

  • Ability to import/export goods without customs duty for re-export
  • Operate online or through a physical store
  • Can sell products locally and internationally

3. Media License

A Media License is designed for businesses in marketing, content creation, and digital production. This is ideal for companies involved in branding, advertising, and digital publishing.

Examples of Businesses That Require a Media License:

  • Advertising and public relations agencies
  • Digital marketing and social media firms
  • Web development and graphic design studios
  • Film and video production companies
  • Photography and publishing businesses

Who Should Apply?
Creative agencies, content creators, and media professionals who work in branding, advertising, and entertainment.

Benefits:

  • No requirement for a physical studio
  • Access to a growing market in digital media
  • Suitable for freelancers, agencies, and production companies

Recommended: Dubai Business License: Ultimate Guide, Expert Pro Tips

Comparing the Three License Types

Feature Consulting License Commercial License Media License
Main Business Activity Advisory and professional services Buying, selling, and trading goods Digital media, marketing, and content creation
Office Requirement Not required (Flexi-Desk available) Not required (Flexi-Desk available) Not required (Flexi-Desk available)
E-commerce Eligibility No Yes Yes
Import/Export No Yes No
Creative Services No No Yes

Step-by-Step Process for Company Formation in Meydan Free Zone

Setting up a company in Meydan Free Zone is fast and simple. The process is fully digital, allowing you to complete everything in just a few days. Follow these steps to start your business.

Step 1: Choose a Business Activity

  • Select from more than 3,500 approved business activities.
  • Make sure your activity follows UAE regulations.

Tip: If you are unsure, a business consultant can help you choose the right activity.

Step 2: Choose a Business Name

  • Pick three name options and submit them for approval.
  • The name must be unique and follow UAE rules. It should not include offensive words or religious or political terms.
  • If you plan to build a website, check if the domain name is available.

Tip: Choose a simple and professional name that is easy to remember.

Step 3: Select Your License Type

  • Consulting License – For businesses offering services like finance, HR, or legal consulting.
  • Commercial License – For trading, e-commerce, and import/export businesses.
  • Media License – For advertising, digital marketing, web design, and creative businesses.

Tip: You can include multiple business activities under one license to keep your options open.

Step 4: Submit Required Documents

To register your company, submit the following documents:

For Individual Shareholders:

  • Copy of passport (valid for at least six months)
  • UAE visa or Emirates ID (if applicable)
  • Passport-sized photos
  • Selected business activity

For Corporate Shareholders:

  • Parent company registration documents
  • Board resolution approving the new business
  • Power of attorney for the authorized signatory

Tip: Make sure all documents are clear and valid to avoid delays.

Step 5: Pay the Licensing Fees

  • Pay the Meydan Free Zone licensing fee based on your package.
    • No Visa Package – AED 12,500
    • 1 Visa Package – AED 14,350
    • 2 Visa Package – AED 16,200
  • Additional visas cost AED 1,850 each.
  • Payment can be made online by bank transfer or credit card.
  • Multi-year licenses offer discounts of up to 15 percent.

Tip: Choosing a three-year or five-year license can save money in the long run.

Step 6: Receive Your Business License

  • After payment is confirmed, your business license is issued within two to three business days.
  • You will receive digital copies of your trade license and business registration documents.

Tip: Keep your digital documents safe and print copies for your records.

Step 7: Apply for a Visa (If Needed)

  • Meydan Free Zone allows up to six visas per business. More visas may be available with office space.
  • Submit the required documents:
    • Passport copy
    • Visa application form
    • Medical fitness test results
    • Emirates ID application
  • Visa processing takes about five to seven business days.

Tip: The visa process in Meydan Free Zone is faster than in many other free zones.

Step 8: Open a Business Bank Account

  • Choose from UAE banks such as Emirates NBD, ADIB, Mashreq, and RAKBANK.
  • Submit the necessary documents:
    • Trade license
    • Passport and Emirates ID
    • Business plan (if required by the bank)
  • Meydan Free Zone also offers MeydanPay, a digital banking option for quick and easy transactions.

Tip: Research banks and select one that fits your business needs.

Step 9: Set Up Your Office (If Required)

  • Meydan Free Zone offers Flexi-Desk solutions, so you do not need a physical office.
  • If you need a dedicated space, choose from serviced offices or coworking spaces.

Tip: Start with a Flexi-Desk and upgrade later if your business grows.

Step 10: Start Business Operations

  • Once your license, visa, and bank account are ready, you can officially start business operations.
  • Set up your website, hire employees, and market your services.

Tip: Stay compliant with UAE regulations by renewing your license and visas on time.

Recommended: Business Setup in Dubai – Hassle-Free Company Formation

Required Documents for Company Registration

For individuals:

  • Passport copy (valid for six months)
  • UAE visa (if applicable)
  • Emirates ID (if applicable)
  • Passport-sized photos

For corporate shareholders:

  • Company profile
  • Board resolution
  • Power of attorney

Cost Breakdown of Meydan Free Zone Licenses

The cost of setting up a business in Meydan Free Zone depends on your chosen license type, visa requirements, and business activities. Below is a detailed breakdown of pricing for different business license packages.

Meydan Free Zone License Packages & Costs

License Type Visa Quota Cost (AED) Best For
Business License (No Visa) 0 AED 12,500 Solo entrepreneurs, freelancers, online businesses
Business License (1 Visa) 1 AED 14,350 Small business owners, consultants
Business License (2 Visas) 2 AED 16,200 Growing startups, SMEs
Additional Visa Cost Per Visa AED 1,850 For hiring more employees
Flexi-Desk Option Included Free Remote businesses, consultants
Office Space (Optional) As per request Varies Businesses needing physical space

💡 Note: Prices may vary based on business activity, visa requirements, and duration of the license (1-year, 3-year, or 5-year options).

Additional Costs to Consider

While the above covers basic licensing fees, there are some additional costs based on your business setup needs:

Service Cost (AED) Required?
Immigration Card & E-Channel Registration AED 1,200 ✅ Mandatory
Emirates ID & Medical Test (Per Visa) AED 1,500 – 2,000 ✅ Mandatory for visa holders
Corporate Bank Account Opening AED 2,500 – 5,000 ✅ Required
VAT Registration (If applicable) AED 500 – 1,500 ✅ If revenue exceeds AED 375,000
Company Stamp & Business Cards AED 500 Optional
Document Attestation & Legalization AED 500 – 1,000 Optional

💡 Tip: Meydan Free Zone offers multi-year packages with discounts of up to 15% on 3-year and 5-year licenses.

Why Meydan Free Zone is Cost-Effective

No Corporate or Personal Income Tax – Save more profits.
No Annual Audit Requirement – Reduces accounting costs.
No Minimum Capital Requirement – Unlike mainland companies, you don’t need to deposit startup capital.
Full Profit Repatriation – Move your earnings overseas without restrictions.
Affordable Expansion Options – Easily add visas, office space, or business activities as needed.

How to Reduce Business Setup Costs

💡 1. Start with a No-Visa License if you don’t need employees right away.
💡 2. Use Flexi-Desk instead of renting an office to save on space costs.
💡 3. Take advantage of multi-year license discounts (save up to 15%).
💡 4. Choose only necessary business activities to avoid additional licensing fees.

Banking & Financial Setup for Your Business

Opening a corporate bank account is mandatory. Meydan Free Zone offers banking support through MeydanPay, ensuring fast approvals and seamless transactions.

Recommended UAE Banks:

  • Emirates NBD – Best for international business transactions.
  • ADIB (Abu Dhabi Islamic Bank) – Great for SMEs and startups.
  • Mashreq Bank – Offers excellent digital banking solutions.
  • RAKBANK – Ideal for entrepreneurs needing flexible banking terms.

Taxation, Legal Compliance & Corporate Regulations

  • 0% Corporate & Income Tax – Only 5% VAT applies for qualifying businesses.
  • Annual Reports & Compliance – Required for businesses above a certain revenue.
  • VAT Registration – Mandatory for businesses earning AED 375,000+ per year.

Meydan Free Zone vs. Other Dubai Free Zones

Dubai has many free zones designed for different business needs. Meydan Free Zone is a top choice, but how does it compare to other free zones like DMCC, JAFZA, and DIFC? This guide breaks down the key differences in a simple and clear way.

Comparison Table: Meydan Free Zone vs. Other Major Free Zones

Feature Meydan Free Zone DMCC (Dubai Multi Commodities Centre) JAFZA (Jebel Ali Free Zone) DIFC (Dubai International Financial Centre)
Setup Time 2-3 days 5-7 days 7-10 days 10-14 days
Foreign Ownership ✅ Yes ✅ Yes ✅ Yes ✅ Yes
Corporate & Income Tax ✅ 0% ✅ 0% ✅ 0% ❌ 9% for some businesses
Office Requirement ❌ Not needed (Flexi-Desk available) ✅ Required ✅ Required ✅ Required
Banking & Financial Support ✅ MeydanPay (Digital Banking) ✅ Full banking services ✅ Full banking services ✅ Advanced finance services
Visa Limit ✅ Up to 6 visas (more with office) ✅ More visas with bigger office ✅ More visas for large spaces ✅ Limited visas for some businesses
Annual Audit ❌ Not required ✅ Required for big businesses ✅ Required for big businesses ✅ Mandatory
Business Activities 3,500+ activities Trade, finance, commodities Trade, logistics, manufacturing Banking, finance, law
Location ✅ Near Downtown, close to airport ✅ Central Dubai ✅ Near Jebel Ali Port ✅ Global finance hub
Paperless Business Setup ✅ Yes ❌ No ❌ No ✅ Yes
Flexibility to Expand ✅ Easy conversion to mainland ✅ Can convert to mainland ✅ Can convert to mainland ✅ Can convert to mainland

Why Choose Meydan Free Zone Over Other Free Zones?

1. Fast & Simple Business Setup

  • Get your license in 2-3 days.
  • Fully digital process—no need for paperwork.
  • Other free zones take 5-14 days and need more documents.

2. Lower Costs & No Tax

  • 0% corporate and personal income tax.
  • No annual audit required (other zones may require financial audits).
  • Flexible office options (Flexi-Desk available, while other zones require physical offices).

3. Prime Location in Dubai

  • Minutes from Downtown Dubai and the airport.
  • Easier client meetings and business networking.
  • JAFZA is far from the city, which can be inconvenient for service businesses.

4. Digital Banking & Paperless Business Management

  • MeydanPay offers fast and easy banking solutions.
  • Other free zones require traditional banking, which takes longer.

5. More Business Activity Options

  • 3,500+ business activities across multiple industries.
  • DMCC and JAFZA focus mostly on trade and logistics, while DIFC is for finance businesses.

Who Should Choose Meydan Free Zone?

Entrepreneurs and startups – Quick, low-cost setup with no paperwork.
E-commerce businesses – 0% tax and no customs duties on re-exports.
Consulting firms – No physical office required, so it’s cost-effective.
Tech and digital businesses – Digital banking, modern infrastructure, and flexible visas.

When to Consider Other Free Zones?

Choose DMCC if you specialize in commodities, gold, or trade finance.
Choose JAFZA if you need warehouses, storage, or large-scale trade operations.
Choose DIFC if your business is in banking, investment, or international finance.

Industry-Specific Business Opportunities

  • E-commerce: Ideal for online retail, dropshipping, and digital services.
  • FinTech & IT Services: Tap into Dubai’s growing digital transformation sector.
  • Marketing & Media: Dubai is a prime hub for advertising, branding, and digital content.
  • Consulting & Professional Services: Provide HR, legal, or financial advisory services.

Business Scalability & Expansion Options

  • Upgrade to Mainland Business – Expand operations beyond the free zone.
  • Flexible Office Spaces – Start small and scale up as needed.
  • Investor & Employee Visas – Easily add visas as your company grows.

Common Challenges & Solutions

  1. Navigating Legal Regulations → Work with expert consultants for smooth processing.
  2. Choosing the Right Business Activity → Research industry demand before registering.
  3. Opening a Business Bank Account → Select a bank that caters to free zone companies.

FAQ Section

1. How long does it take to get a business license in Meydan Free Zone?

The business license is typically issued within 2-3 business days, provided all required documents are submitted correctly.

2. Can I open a bank account with a Meydan Free Zone company?

Yes, businesses registered in Meydan Free Zone can open a corporate bank account in the UAE. The free zone also offers MeydanPay, a digital banking solution for fast and seamless transactions.

3. What industries thrive in Meydan Free Zone?

Meydan Free Zone supports various industries, including:

  • E-commerce – Online retail, dropshipping, and digital services.
  • FinTech & IT Services – Software development, blockchain, and AI startups.
  • Media & Marketing – Digital marketing, branding, advertising, and content creation.
  • Consulting & Professional Services – HR, legal, finance, and business advisory.

4. Can I operate my business outside Meydan Free Zone?

Yes, but you will need a No Objection Certificate (NOC) from the free zone authority. If you plan to do business directly in the UAE market, upgrading to a mainland license may be required.

5. Are there any tax benefits in Meydan Free Zone?

Yes, businesses in Meydan Free Zone enjoy:

  • 0% corporate tax
  • 0% personal income tax
  • No customs duty on re-exports
    However, a 5% VAT applies to qualifying businesses with an annual revenue exceeding AED 375,000.

6. What is the cost of setting up a business in Meydan Free Zone?

The cost depends on the license type and visa requirements:

  • Business License (No Visa) – AED 12,500
  • Business License (1 Visa) – AED 14,350
  • Business License (2 Visas) – AED 16,200
  • Additional Visa Cost – AED 1,850 per visa

7. Do I need a physical office to register my business?

No, Meydan Free Zone offers Flexi-Desk and co-working spaces, allowing businesses to register without renting a dedicated office.

8. Can I hire employees in Meydan Free Zone?

Yes, there are no nationality restrictions on hiring employees. The number of visas you can apply for depends on your license package and office space requirements.

9. What documents are required to set up a company?

For individual shareholders:

  • Passport copy (valid for at least 6 months)
  • UAE visa or Emirates ID (if applicable)
  • Passport-sized photos
  • Business activity selection

For corporate shareholders:

  • Company profile
  • Board resolution
  • Power of attorney

10. How can I expand my business after setting up in Meydan Free Zone?

Businesses can scale operations by:

  • Upgrading to a mainland license for direct UAE market access.
  • Adding more business activities under an existing license.
  • Expanding office space as the company grows.
  • Applying for additional visas for staff and investors.

11. Is Meydan Free Zone better than other Dubai free zones?

Meydan Free Zone is cost-effective, startup-friendly, and centrally located. It offers quick licensing, digital business management, and flexible office solutions, making it a top choice for entrepreneurs and SMEs.

12. How do I start my business in Meydan Free Zone?

Follow these simple steps:

  1. Choose a business activity from the approved list.
  2. Select a company structure (LLC, branch, or subsidiary).
  3. Submit required documents and application.
  4. Make payment for the license and visa (if applicable).
  5. Receive your trade license and start operations.

Conclusion & Next Steps

Meydan Free Zone is one of the most attractive business destinations in Dubai, offering tax-free benefits, 100% foreign ownership, and strategic location advantages. With its digital business platform, quick licensing process, and flexible office solutions, it provides an ideal environment for startups, SMEs, and established enterprises looking to expand in the UAE.

Whether you’re a first-time entrepreneur or an experienced investor, Meydan Free Zone ensures a hassle-free business setup experience, backed by world-class infrastructure, banking support, and government incentives.

🚀 Ready to start your business in Meydan Free Zone? Take the first step today! Contact a business consultant or visit the official Meydan Free Zone to begin your company formation process.

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