Meydan Free Zone: An attractive option for FZ Incorporation in Dubai

  • Jan 04,2017
  • All

Located in the heart of Dubai, Meydan Free Zone (MFZ) offers an attractive alternative for all who wish to set up their business in the free zone with a prestigious Dubai address. Advantages of setting up in MFZ:

  • Guaranteed 100% ownership of the business both for individuals and corporate entities.
  • Investors are given the liberty to operate their business through a Flexi desk in Meydan free zone.
  • Guaranteed 100% repatriation of invested capital and profits gained.
  • Extremely efficient licensing and registration procedure for company formation.
  • Lowest setup and renewal costs for free zones in Dubai.
Process: Fee for the initial set up:
  • Registration fee – AED 10,010 / (one-off payment)
  • Trade License fee AED 10,010/- ( This covers one activity only) – renewable every year
  • Virtual office fee AED 6,000 /- (renewable every year)
Required Documents for all shareholders are:
  • Business plan (at least for 3 years).
  • Original Bank reference letter or 6 months bank statements (stamped by the bank).
  • Proof of Address (E.g. Lease agreement or title deed.)
  • CV of the shareholders.
  • Passport copies and visa page copies of the shareholders.
  • 3 options for name reservation.
Minimum share Capital requirement
  • AED 100,000/- Authorized capital
  Forms to be submitted
  • Registration & Licensing Application Form.
  • Memorandum of Association (to be signed at our office).
  • Articles of Association (to be signed at our office).
  • Specimen signature form (to be signed at our office).
  • To initiate the Free Zone Company Establishment Process, all submitted documents should be originals and attested/notarized by relevant UAE Authorities.
Other Considerations
  • There is a Flexi-desk option which gives you the option of 2 visas
  • Management consultancy is the chief activity permitted
  • All the activities offered to mirror the ones in the register of Department of Economic Development, Dubai, UAE
  • The fee quoted above includes only government fees and does not factor consulting fees or any add-ons in terms of activities or additional facilities required.

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