Meydan Free Zone (MFZ) is one of Dubai’s most prestigious business hubs, strategically located in the Meydan Hotel complex near Dubai International Airport. Known for its premium facilities and modern infrastructure, MFZ offers global entrepreneurs a luxurious yet flexible environment to grow their businesses.

With over 1,500 business activities available under a single license, 100% foreign ownership, and competitive setup costs, Meydan Free Zone is ideal for startups, SMEs, and international companies seeking a reputable address in central Dubai.

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If you’re exploring other opportunities, IFZA Free Zone is known for cost-effective company formation, while DAFZA is perfect for logistics and aviation-linked businesses.

At RIZ & MONA Consultancy, we help investors and entrepreneurs establish their businesses in Meydan Free Zone with complete end-to-end support.

Types of Available Licenses in Meydan Free Zone

Mainland Company

Commercial License

For businesses in trading, retail, import/export, and light manufacturing. It suits companies focused on general trading or retail. Businesses may need outside storage as no warehousing is offered.

Free Zone Company

Service License

Ideal for professionals in services like business consulting, management, accounting, HR, and real estate. It’s designed for companies that depend on skills and expertise rather than physical products.

Offshore Company

Media License

This license supports media and creative fields, such as advertising, digital marketing, content creation, and web design. Perfect for companies in branding and digital services.

Meydan Free Zone Business Setup Process

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Choose Business Activities

Start by selecting the business activities your company will engage in. Meydan Free Zone supports over 1,500 approved activities across various sectors, allowing you to choose up to three under a single license.

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Select a Trade Name

Choose and register a trade name for your company. It should comply with UAE naming guidelines, avoiding any restricted, offensive, or blasphemous terms. Prepare at least three name options in case of duplicates or restrictions.

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Prepare and Submit Documents

Gather the required documents based on your company structure (individual, corporate, or branch). Submit the completed application form along with supporting documents, such as passport copies, business plans, and any corporate documents, to the Meydan Free Zone Authority.

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Pay the Licensing and Setup Fees

After document submission, pay the applicable licensing fees based on your chosen license type, business activities, and visa requirements. Meydan Free Zone offers competitive rates, with multi-year options for discounted fees.

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Receive the Business License

Upon approval, the Meydan Free Zone Authority will issue your business license, usually within 2-5 business days, depending on the complexity and completeness of your application. Once the license is issued, you are officially authorized to operate.

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Apply for Visas (if applicable)

If your license includes visas, you can apply for your visa to obtain UAE residence permits for shareholders, employees, or family members. Meydan Free Zone provides complete assistance with immigration processes and visa applications, including fast-tracked visa issuance and renewals.

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Open a Business Bank Account

With your business license in hand, proceed to open a corporate bank account to manage business transactions. Meydan Free Zone partners with local banks and offers an in-house Meydan Pay platform to simplify account setup and digital payments.

Start Your Business Journey in the Meydan Free Zone!

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Advantages of Meydan Free Zone Business Setup in Dubai

100% Foreign Ownership

Tax Exemptions

Strategic Location

Advanced Infrastructure

Cost-Effective Setup

Diverse Business Activity

Easy Visa Processing

Simplified Account Setup

Documents Required for Meydan Free Zone Company License

For Individual Shareholders:

  • Completed Application Form – signed by an authorized person.
  • Passport Copy – for shareholder(s), director(s), and manager.
  • Visa Copy – if applicable, for UAE residents.
  • Three-Year Business Plan – outlines goals and strategies.
  • CV – for shareholder(s), director(s), and manager.
  • Bank Reference Letter or Six-Month Bank Statement – proves financial reliability.

For Corporate Shareholders

  • Completed Application Form – signed by authorized signatory.
  • Audited Financial Report – of the parent company.
  • Company Profile – overview of the business.
  • Three-Year Business Plan – objectives and structure.
  • Board Resolution – approves MFZ company setup and appointment.
  • Letter of Appointment – appoints designated manager.
  • Passport Copy, Specimen Signature, and Power of Attorney – for manager, director, or secretary.

Types of Company Structures in the Meydan Free Zone

Free Zone LLC Vs Branch of Company

Free Zone LLC Branch of Company
Ownership Individual or corporate owners Owned by parent company
Liability Limited to capital Parent company liable
Activities Trading, consultancy, etc. Must align with parent activities
Flexibility Up to 7 shareholders, manager required Fewer documents, uses parent registration

Required Documents for Branch Business Setup

  • Application Form – Signed by parent company’s representative.
  • Certificate of Incorporation – Proof of parent company’s legal status.
  • MoA and AoA – Parent company’s structure and purpose.
  • Board Resolution – Approves branch and names manager.
  • Power of Attorney – Gives manager authority in the UAE.
  • Branch Manager’s Passport – Copy with UAE visa (if resident).
  • Audited Financial Statements – Last year’s financial report.
  • No Objection Certificate (NOC) – Required if manager is a UAE resident with a current sponsor.

Steps for Business Liquidation in Meydan Free Zone

  • Board Resolution

    Shareholders approve closure.

  • Appoint Liquidator

    Hire an audit firm to manage the process.

  • Liquidator’s Acceptance

    Liquidator confirms role with free zone.

  • Cancel Visas & Card

    Cancel all employee visas and establishment card.

  • Get NOCs

    Obtain approvals from banks, utilities, and government.

  • Publish Notice

    Announce closure in newspapers for 45 days.

  • Return Documents

    Submit key company documents to free zone.

  • Deregister VAT

    Cancel VAT registration within 20 days if needed.

  • Final Report

    Liquidator submits report, completing closure.

Renewing Your Business License in Meydan Free Zone

Submit Renewal Application

Complete the renewal form and update business details.

Provide Required Documents

Include passport, visa copies, and current trade license.

Pay Renewal Fees

Pay fees (from AED 12,500); amendments allowed if needed.

Receive Renewed License

MFZ issues the license after verifying documents and payment.
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Meydan Free Zone Business Setup Consultants

How Riz & Mona Consultancy Can Help?

Riz & Mona Consultancy is renowned as one of the top business setup consultants in Dubai, with over 15 years of experience facilitating a wide range of businesses throughout the UAE. Our deep connections with government officials and key authorities, combined with our extensive expertise in consultancy, streamline the process of establishing your business in Dubai. Additionally, we offer comprehensive financial, legal, and corporate services to support our clients throughout their business endeavors.

We are here to provide comprehensive support for your Meydan Free Zone Business Setup, from preparing your documents to completing the process. Connect with us now to begin your journey with a FREE consultation!

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FAQs (Frequently Asked Questions)

How many visas can I obtain under one license in MFZ?

You can acquire up to 6 visas with certain MFZ license packages, which vary based on business needs and chosen license type.
Yes, MFZ allows upgrading your visa quota as your business requirements change, subject to package limits.
No, you can complete the MFZ company setup process remotely without physical presence.
No, MFZ does not require a No Objection Certificate (NOC) from your current employer.
Yes, an MFZ license allows you to conduct business internationally, offering flexibility for operations outside the UAE.
Company setup in Meydan Free Zone is typically completed within 2–5 business days, depending on the completeness of the application and chosen business structure.
No, MFZ allows companies to hire employees of any nationality, providing flexibility for businesses to build diverse teams.
Companies must operate within the approved business activities listed on their license; additional activities require license modifications.