Meydan Free Zone (MFZ)

About Meydan Free Zone (MFZ)

Meydan Free Zone (MFZ) is a prominent economic free zone in the UAE, located in the heart of Dubai. Established in 2009 under Ruler’s Decree No. 5, it sits in a prestigious area close to Mohammed Bin Rashid Al Maktoum City and the Dubai Logistics Corridor.

MFZ offers a strategic advantage for businesses due to its proximity to key commercial hubs and major transport links, including Dubai International Airport. The area is surrounded by modern infrastructure such as business facilities, residential communities, educational institutions, healthcare centers, sports and entertainment venues, and other established commercial sectors, making it an attractive destination for investors.

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Key Benefits of Setting Up Your Business in Meydan Free Zone

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  • Full foreign ownership with no local partner required
  • Flexibility to operate up to 3 business activities per company
  • Access to shared desk facilities included in all business packages
  • No minimum paid-up capital requirement
  • Over 1,500 approved business activities are available
  • 24/7 access to office spaces
  • Rapid issuance of company documents, often within one day
  • Freedom to repatriate capital and profits without restrictions
  • No import or re-export duties
  • Exemption from personal income tax
  • Hassle-free corporate bank account setup

Advantages of Setting Up Your Business in Meydan Free Zone
Prime Location

Centrally positioned just minutes from Dubai Downtown, Meydan Free Zone offers convenient access to key seaports, airports, and the city’s commercial hubs. Companies can choose from over 1,500 business activities, taking advantage of the zone’s strategic placement for import and export opportunities.

Advanced Infrastructure

 MFZ provides state-of-the-art facilities, including high-speed internet and modern office solutions, designed to enhance operational efficiency and employee productivity.

Paperless Digital Platform

Meydan Free Zone promotes a fully digital experience for business setup and management. Its platform centralizes all company records and documentation, allowing entrepreneurs to handle operations seamlessly and efficiently online

Startup-Friendly Business Setup

 Businesses in MFZ operate under a Limited Liability Company license (LLC-FZ), offering cost-effective and smooth incorporation processes. Key benefits include:

  • 100% foreign ownership
  • No currency exchange restrictions
  • Exemption from personal income tax
  • MOFA-recognized licenses with straightforward bank account setup
  • Flexible office options, including shared desks, dedicated offices, and meeting rooms

Types of Licenses Offered in Meydan Free Zone

Meydan Free Zone provides three main types of business licenses to accommodate different industries:
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Media License

 Designed for companies involved in advertising, marketing, web and graphic design, as well as printing and promotional services.

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Service & Consultancy License

Covers professional and advisory services such as business management consulting, accounting, real estate consulting, human resources, technical support, and other skill-based services.

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Commercial License

Allows businesses to engage in general trading, retail, import, and export activities. Note that MFZ does not provide warehouse facilities for companies involved in the storage or processing of physical goods.

Steps to Set Up Your Business in Meydan Free Zone

Starting a company in Meydan Free Zone is straightforward when guided properly. Partnering with Tashgheel 360 can help streamline the process, saving time and reducing costs.
1

Define Your Business Activities

 Meydan Free Zone offers over 1,500 approved business activities. Identifying the correct category for your business ensures you gain maximum benefits and incentives. A single license can cover up to three business activities.

2

Select Your Company Name

Prepare at least three potential names for your company to avoid delays in case your first choice is unavailable. Keep in mind that names must comply with local regulations and avoid offensive or inappropriate language.

3

Apply for Your Trade License

 Submit your application for a trade license once your company name is approved. This is a critical step for legally operating in Meydan Free Zone and accessing all the associated benefits and services.

 

4

Process Visas

 Secure residency visas for yourself, employees, or family members before starting operations in the UAE. Tashgheel 360 can handle the full visa application process to ensure a smooth and efficient setup.

 

5

Open a Corporate Bank Account

A business bank account is required to manage financial transactions and build credibility with clients and partners. Tashgheel 360 assists in completing the process quickly and hassle-free.

 

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