Meydan Free Zone (MFZ)
Meydan has introduced significant growth to Dubai. Sheikh Mohammed bin Rashid Al Maktoum created Meydan Freezone as the vice president of the United Arab Emirates and as ruler and prime minister of Dubai. The establishment of the Meydan Freezone took place in February 2009. Meydan obtains occasional media coverage by hosting prestigious horse races at its exclusive track that accommodates 60,000 attendees.
The advantageous position and modern facilities of Meydan Freezone made it popular since its initial development. The area offers a complete environment to exist and operate as well as learn while developing and shopping. International investors choose Meydan Freezone because of its prime location which provides excellent connection to Dubai International Airport. Meydan Freezone establishes itself as an international business forum-approved location which features a free business setup area.
MFZ extends well beyond the racetrack. It has a designer appearance thanks to the most sophisticated and carefully thought-out infrastructure. All of the conveniences you can imagine are part of the top-notch offerings. opulent hotels, shopping centers, business parks, residential villas, sports fields, schools, hospitals, and beautiful beaches, among many other things. It is a distinguished location for business setup, family holidays, corporate gatherings, and events. Once you arrive in the MFZ, you can join a flourishing business community that embraces aspirational businesspeople from around the world.
A report on the economic contribution of free zones was released by one of the UAE’s top publications. It was reported that the free zones alone account for 8% of the overall business. Additionally, it stated that the growth graph shows an upward slope since investors are demonstrating a strong desire to invest in free zones. Over the past year, there has been a 4.4% increase in investment. Furthermore, according to the most recent figures, 60,000 businesses operate out of the free zones.
Features of Meydan Freezone
The government’s open policies and a simple registration process complement MFZ’s mission to help Dubai succeed. Check out the benefits:
- Permission of 100% foreign ownership
- Prominent location
- Advanced infrastructure and communication
- Availability of Flexi-desk enables smooth functioning from anywhere.
- Relaxation in corporate and personal tax
- Full support of the government and authorities
- Option to choose from 1500 business licenses
- No limitation on repatriation of capital gains
- Capital deposit is not mandatory
- Highly growth-oriented and safe zone
- Easy to obtain any one of the Meydan freezone licenses
- Meydan freezone company formation is easy and transparent
- Vibrant community and dynamic market
Three Types of Business Licenses:
With the exception of heavy industries, MFZ grants permits to all business sectors and maintains permissive policy. Apply for any one of these three licenses to start a business in Meydan.
Consulting License:
A consulting license enables an expert or group of professionals to launch a consulting business. Auditing, auctioning, management services, business setup, financial services, human resources, and more are just a few of the professional services and solutions that can be provided.
Commercial License:
A commercial license governs trading operations such as the supply and distribution of commodities as well as the import and export of items.
Media License:
Creativity and inventive intellectual capacity abound in the media. Media licenses are appropriate for any business endeavor that seeks to become a hub of innovation via the use of media.
MFZ is Exceptional
Although the Meydan Free Zone is exceptional from many angles, its most distinctive aspect is its remarkable and inventive investor interface. Its facilities and cutting-edge technology make things simpler for international investors. Meydan Freezone’s dynamic business environment is ideal for start-ups, freelancers, SMEs, and industry titans.
Meydan Pay Benefits, Meydan Plus, and Meydan Commerce are just a few of its exceptional services.
Meydan Pay Benefits
No other freezone provides its investors with the privileges that MFZ does. A virtual wallet with IBAN is offered by Meydan Pay Benefit. It allows the user to make payments quickly and easily without worrying about anything. It makes transactions simple, allowing you to focus on the expansion of your company. It becomes possible to generate bills without putting them off.
Meydan Pay's Four Steps to Simple and Fast Transactions
Step 1: Start a company in Meydan Dubai
Step 2: Create your account if you are a first-time visitor and then log in.
Step 3: You can obtain your business license from the customer portal of MFZ.
Step 4: Next step involves customizing your license by setting IBAN after completing the details.
Step 4: Next step involves customizing your license by setting IBAN after completing the details.
Meydan Plus:
You can simply apply online from any location if you intend to use services like corporate banking, dependent visa application, and many more.
Meydan Commerce:
Meydan Commerce enlists you on a few reputable and easily accessible e-commerce platforms to guarantee your visibility on those platforms. Noon, Amazon, and a few other well-known ones. You can pay a fair charge of AED 6,000 to get your company license personalized.
Only Three Steps Away
Step 1: You should have an e-commerce company at Meydan freezone.
Step 2: Complete the procedure by logging into the customer portal.
Step 3: On receiving the business license you can opt for Meydan commerce.
The innovative features and simplicity have made MFZ extremely popular. MFZ is customer friendly and the government has tried to facilitate the investors by providing them with the easiest modes of setting up business in Meydan Dubai.
Government Departments
We can help you with the processes in the following government departments
