How to set up a company in the Meydan Free Zone in Dubai

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How to set up a company in the Meydan Free Zone in Dubai

How to set up a company in the Meydan Free Zone in Dubai

Starting a business in the United Arab Emirates is becoming increasingly popular among entrepreneurs from around the world. One of the most attractive locations for company registration is the Meydan Free Zone (Meydan Freezone or MFZ). Located near the center of Dubai, this zone offers numerous advantages for starting and running a business.

Meydan stands out among other free zones thanks to its strategically convenient location and wide range of business opportunities. Let’s highlight some of the benefits:

Variety of business activities: You can register a company in over 2,500 different sectors. This allows entrepreneurs to choose the most suitable niche and combine multiple business activities under a single license.
Flexibility in office solutions. The Flexi Desk option is available for startups and small businesses. This means you can rent just a workspace, which reduces rental costs and allows you to focus on growing your business.
Long-term licenses. The FEZ offers licenses approved by the UAE Ministry of Foreign Affairs with terms of up to 10 years. This enables entrepreneurs to plan their operations for the long term without the need for annual license renewals.
Office rentals throughout the UAE. Companies registered in the MFZ can rent office space not only within the free zone itself but also throughout Dubai. This significantly simplifies business expansion and interaction with clients.
Flexible visa policy: registration packages are available for 6 visa quotas, which can be used to process visas for founders or employees. This allows for quick adaptation to changes in the team and expansion of staff as needed.
Infrastructure and amenities. The free zone features 5-star hotels, restaurants, a racetrack, and a golf club, creating a comfortable environment for conducting business, holding meetings, and business trips.

Setting up a company in Meydan Freezone involves several key steps:

Selecting a business activity. Determine the field in which you plan to operate and select the appropriate activity code from the list of available options.

Preparing documents. To register a company, you will need a copy of the owner’s passport, a trade name reservation certificate, and other documents.

Obtaining a license from the free zone administration. After your documents are successfully reviewed, you will receive a license allowing you to begin operations. It is important to note that certain activities require obtaining additional approvals before or after the license is issued.

Opening a bank account. After registering the company, it is recommended to apply for a corporate bank account to conduct financial transactions. In most cases, a lease agreement—Ejari—will be required. Therefore, it is important to secure office space or rent a workspace in advance.

Obtaining a visa. Company founders are eligible for an investor visa. At this stage, you must undergo a medical examination and biometric procedures. After obtaining a local ID card, the resident can act as a sponsor for close relatives and arrange visas for them.

Meydan Free Zone is an excellent place to start a business in Dubai thanks to its unique advantages, flexible terms, and support from the authorities. Whether you are a newcomer or an experienced entrepreneur, the free economic zone provides all the necessary tools for a successful start in the UAE. Registering a company here is a step toward new opportunities and prospects on the international stage. Remember that the support of Wivo Consulting’s experienced lawyers at every stage helps streamline the process and minimize risks.