Established in February 2009 under Ruler’s Decree No. 5, Meydan Free Zone (MFZ) is a modern economic free zone located in Nad Al Sheba, Dubai.

Strategically positioned just 15 minutes from Dubai International Airport, it offers seamless global market access, making it a strategic base for international business.

MFZ is closely integrated with Dubai’s digital and PropTech ecosystem. The free zone supports a wide range of business activities, including technology, trading, real estate, education, healthcare, and creative industries. Its digital infrastructure facilitates efficient business operations, aligning with Dubai’s vision of becoming a global leader in digital innovation.

Benefits of Setting Up in Meydan Free Zone

Meydan Free Zone (MFZ) offers a range of advantages, structured for modern entrepreneurs and businesses:

• 100% Foreign Ownership with full business control
• Prime Location near Dubai Airport and global access
• Zero Taxes on personal and corporate income
• 2,500+ Business Activities under one license
• Easy Bank Account Setup with 26+ partner banks
• Up to 6 Visas per company + family residency
• Full Business Support with PRO, accounting, and office services

Explore more on Menaherald for comprehensive benefit comparisons, cost calculators, and personalized consultations to see how MFZ fits your business goals.

Business Activities Permitted in Meydan Free Zone

Meydan Free Zone (MFZ) supports over 2,500 business activities under a single license, enabling entrepreneurs to operate across multiple sectors. This flexibility helps businesses diversify and adapt to market needs.

Technology & IT: Software development, IT consultancy, cybersecurity, and other tech-driven services.

Trading & Import/Export: General trading, e-commerce, and logistics services.

Real Estate & PropTech: Real estate brokerage, property management, and technology solutions for the real estate sector.

Education & Healthcare: Training institutes, educational consultancies, and health service providers.

Creative Industries: Media production, marketing, advertising, and content creation.

Financial Services: Accounting, auditing, and financial consultancy.

Professional Services: Legal advisory, management consultancy, and other specialized services.

For a detailed list of permissible activities, you can refer to the official Meydan Free Zone business activities list.

How to Set Up a Company in Meydan Free Zone ?

Setting up a business in Meydan Free Zone (MFZ) is streamlined and efficient, thanks to its fully digital platform. Here’s a concise guide to help you establish your company:

Step 1: Choose Your Business Activity

Select from over 2,500 approved activities in sectors like trading, tech, consultancy, and media. Multiple activities can be included under one license.

Step 2: Select Legal Structure

Choose the legal form:

• Free Zone Establishment (FZE): Single shareholder entity.
• Free Zone Company (FZC): Multiple shareholders.
• Branch of a Foreign Company: For existing businesses expanding into Dubai.

Step 3: Reserve Trade Name & Submit Application

Pick a unique, compliant company name and submit your application online along with required documents (passport copies, proof of address, etc.).

Step 4: Get License, Visas & Open Bank Account

Once approved, receive your business license and legal documents. MFZ also supports visa applications (up to 6 per company) and assists in opening corporate bank accounts through its banking partners.

Documents Required for Business Setup in Meydan Free Zone

Establishing a business in Meydan Free Zone (MFZ) requires specific documentation, which varies based on the type of entity: individual, corporate, or branch office. Below is a consolidated list of essential documents for each category.

For Individual Shareholders:

• Passport copy (clear, colored copy)
  
• UAE visa and Emirates ID (if UAE resident)
  
• Proof of address (utility bill or tenancy contract)
  
• Bank reference letter or 6-month bank statement
  
• Business plan (3-year comprehensive plan)
  
• Trade name approval certificate
  

For Corporate Shareholders:

• Certificate of incorporation from the home country
• Memorandum and Articles of Association (MOA & AOA)
• Board resolution authorizing the MFZ setup
• Audited financial statements (recent)
• Power of attorney for appointed representatives
• Passport copies of all directors and managers

For Branch Offices:

• Parent company documents (incorporation certificate, MOA & AOA)
• Board resolution approving branch establishment
• Power of attorney for the branch manager
• Passport copies of key personnel

Note: All corporate documents originating outside the UAE must be notarized and attested by the UAE Embassy in the country of origin, followed by attestation from the UAE Ministry of Foreign Affairs.

Support and Services Provided by MFZ

Meydan Free Zone (MFZ) offers services to streamline business setup and operations in Dubai. Whether a startup, freelancer, or established enterprise, MFZ provides the infrastructure, tools, and support to thrive in the UAE’s dynamic market.

1. Fast business setup with 60-minute license approval through the Fawri system and over 1,800 business activities to choose from

2. Multiple license types, including consulting, commercial, and media licenses for different business needs

3. Meydan Plus services featuring PRO assistance, Meydan Pay virtual wallet, and e-commerce marketplace integration

4. Complete visa solutions for investors, employees, and family members with medical and Emirates ID processing

5. Banking and financial support with guaranteed bank account opening, VAT registration, and accounting services

6. Administrative assistance covering document management, mail handling, and legal translation services

7. Networking opportunities through regular events, mentorship programs, and collaborative coworking spaces

8. Comprehensive business support from setup to operations with dedicated specialists and consultation services

Ready to make MFZ your business home? The setup process is more straightforward than you might think. Let Menaherald provide free consultations, establish timelines, and offer immediate access to our business formation specialists.

Get Started Today!

Meydan Free Zone offers everything you need to establish your business in Dubai’s thriving market. With over 2,500 permitted activities, 60-minute licensing, and complete business support, MFZ removes all barriers to your success.

From strategic location benefits to zero-tax advantages and guaranteed banking solutions, MFZ provides the perfect platform for startups and established companies alike.

Take the first step today – visit our website or speak with our business setup experts.