Meydan Free Zone License Cost: A Comprehensive Guide for Smart Business Setup

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Table of Contents

• Overview of Meydan Free Zone
• Why Choose Meydan Free Zone?
• Types of Licenses Offered
• Cost Breakdown of Meydan Free Zone License
• Included Benefits with Your License
• Steps to Obtain a Meydan Free Zone License
• Requirements for Obtaining a License
• Advantages of Setting Up in Meydan Free Zone
• Monthly Payment Plans
• Frequently Asked Questions
• Your Business Setup Roadmap

Overview of Meydan Free Zone

Ever wondered why savvy entrepreneurs are flocking to Dubai’s Meydan Free Zone? You’re about to discover why this strategic business hub has become the go-to destination for ambitious companies worldwide.

Meydan Free Zone isn’t just another business district—it’s a game-changing ecosystem that combines Dubai’s strategic location with cutting-edge infrastructure. Located in the heart of Dubai, adjacent to the iconic Meydan Racecourse, this free zone offers businesses unprecedented access to regional and global markets.

Here’s the straight talk: Since its establishment, Meydan Free Zone has attracted over 2,500+ companies from diverse industries, creating a thriving business community that spans from tech startups to multinational corporations.

Why Choose Meydan Free Zone?

Let’s dive into what makes Meydan Free Zone stand out in Dubai’s competitive business landscape. The zone offers several compelling advantages that address common entrepreneurial challenges:

• 100% Foreign Ownership: Complete control over your business operations
• Zero Corporate Tax: Maximize your profit margins with tax-efficient structures
• No Personal Income Tax: Retain more of your earnings
• Full Repatriation of Capital and Profits: Move your money freely without restrictions
• Streamlined Digital Processes: Set up your business in as little as 3-5 working days

Quick Scenario: Imagine you’re a consulting firm looking to expand into the Middle East market. With Meydan’s strategic location, you can service clients across the GCC, Africa, and Asia from a single hub—that’s the power of strategic positioning.

Types of Licenses Offered

Understanding the right license type is crucial for your business success. Let’s break down the three primary license categories:

Commercial License

Perfect for businesses engaged in trading activities, import/export operations, and retail ventures. This license allows you to conduct business with companies both within and outside the UAE, making it ideal for distributors, wholesalers, and e-commerce businesses.

Service & Consultancy License

Designed for professional service providers, including consultancies, IT services, marketing agencies, and financial advisory firms. This license type has gained popularity among digital nomads and remote service providers looking to establish a legitimate business presence in Dubai.

Media License

Specialized for creative industries, including advertising agencies, production companies, digital marketing firms, and content creators. With Dubai’s growing focus on becoming a global media hub, this license offers unique opportunities for creative entrepreneurs and media professionals.

Cost Breakdown of Meydan Free Zone License

Now for the numbers you’ve been waiting for. Here’s a transparent breakdown of what you can expect to invest:

License Cost Comparison Table

Visual Cost Comparison

Pro Tip: The Premium Package offers the best value per visa, making it ideal for growing teams or businesses planning rapid expansion.

Included Benefits with Your License

Your Meydan Free Zone license isn’t just a permit—it’s a comprehensive business solution. Here’s what comes standard with every package:

• Trade License: Valid for 1 year with renewal options
• Office Space: From flexi-desk to private offices based on your package
• Business Bank Account Support: Assistance with account opening procedures
• Government Approvals: All necessary regulatory clearances
• Digital Business Card: Professional networking tool
• 24/7 Customer Support: Ongoing assistance for business operations

Steps to Obtain a Meydan Free Zone License

Ready to transform complexity into competitive advantage? Here’s your practical roadmap:

1. Determine Your Business Activities

Start by clearly defining your business scope. Meydan Free Zone allows up to 10 business activities per license, giving you flexibility to diversify. Consider future expansion plans when selecting activities—it’s easier to include them initially than to add them later.

2. Choose Your Company Name

Your company name must be unique and comply with UAE naming conventions. Avoid religious, political, or potentially offensive terms. Insider tip: Submit 2-3 name options to speed up approval if your first choice is unavailable.

3. Apply for Your Trade License

Submit your application through Meydan’s digital platform. The process typically takes 3-5 working days for approval. Required documents include passport copies, business activity descriptions, and initial approval certificates.

4. Apply for Visa

Once your trade license is approved, visa applications can be processed simultaneously. This includes investor visas, employee visas, and dependent visas based on your package selection.

5. Open a Business Bank Account

Schedule appointments with preferred banks early in the process. Major banks like Emirates NBD, ADCB, and Mashreq have dedicated free zone desks to streamline account opening for Meydan Free Zone companies.

Requirements for Obtaining a Meydan Free Zone License

Individual Shareholder Requirements

• Passport copy (valid for minimum 6 months)
• Passport-size photographs (white background)
• Educational certificates (attested if required)
• No objection certificate (if currently employed)

Corporate Shareholder Requirements

• Certificate of incorporation
• Memorandum and Articles of Association
• Board resolution authorizing the investment
• Financial statements (last 2 years)
• Good standing certificate

Advantages of Setting Up in Meydan Free Zone

Strategic Location

Located just 15 minutes from Dubai International Airport and connected to major highways, Meydan offers unparalleled accessibility. The zone’s proximity to Dubai’s financial district makes it ideal for businesses requiring frequent client meetings and networking opportunities.

Access to State-of-the-art Infrastructure

The zone features Grade A office buildings, high-speed internet connectivity, advanced security systems, and modern meeting facilities. The infrastructure supports both traditional businesses and tech-forward companies requiring robust IT capabilities.

Digital Platform for Paperless Business Setup

Meydan’s proprietary digital platform eliminates traditional paperwork bottlenecks. From license applications to visa processing, everything is managed through an intuitive online system that provides real-time updates and transparent tracking.

Monthly Payment Plans

Understanding cash flow challenges faced by startups and growing businesses, Meydan Free Zone partners with select banks to offer flexible financing options:

• 6-month payment plans: Available for Standard and Premium packages
• 12-month installments: For Corporate packages and larger setups
• 0% interest options: Through partner banks for qualified applicants
• Seasonal payment structures: Aligned with business revenue cycles

Real-world example: A digital marketing agency chose the 12-month payment plan, allowing them to preserve working capital for client acquisition and team expansion during their crucial first year of operations.

Frequently Asked Questions

Can I operate my business outside of Meydan Free Zone premises?

Yes, with certain license types you can conduct business activities outside the free zone, including mainland UAE operations. However, specific activities may require additional permits or mainland presence. Service and consultancy licenses offer the most flexibility for off-site operations, while commercial licenses may have restrictions based on the nature of goods being traded.

What happens if I don’t renew my license on time?

License renewal should be completed before the expiry date to avoid penalties. Late renewal incurs fines starting from AED 1,000 and increasing based on the delay period. If a license expires and remains unrenewed for over 6 months, you may need to restart the entire application process. Most businesses receive renewal reminders 60 days before expiry to ensure continuity.

Can I change my business activities after license issuance?

Yes, you can modify or add business activities through an amendment process. The cost typically ranges from AED 2,000-5,000 depending on the complexity of changes. New activities must align with your license type and may require additional approvals. It’s advisable to plan comprehensively during initial application to minimize future amendments and associated costs.

Your Business Setup Roadmap

Now that you understand the costs, benefits, and processes, here’s your actionable next steps to transform this knowledge into business success:

Immediate Actions (Next 7 Days):

• Define your business activities and select the appropriate license type
• Prepare required documentation and ensure all certificates are properly attested
• Research and shortlist 2-3 preferred banks for business account opening
• Calculate your total setup budget including hidden costs like PRO services and initial working capital

Short-term Strategy (Next 30 Days):

• Submit your license application through Meydan’s digital platform
• Schedule bank appointments and begin preliminary account opening procedures
• Consider your office space requirements and explore upgrade options
• Connect with other businesses in the zone to build your professional network

Long-term Success Factors:

Remember, your Meydan Free Zone license isn’t just about compliance—it’s your gateway to regional expansion, tax optimization, and global market access. The businesses that thrive here are those that leverage the zone’s strategic advantages while building strong operational foundations.

As Dubai continues its transformation into a global business hub, early movers in zones like Meydan are positioning themselves for exponential growth. The question isn’t whether you can afford to set up here—it’s whether you can afford not to capitalize on this strategic opportunity.

What’s your biggest challenge in making this business setup decision, and how will you address it in the next 30 days?

Article reviewed by Lucas Müller, Venture Capital Associate | Sourcing Tech Startups in Dubai, on June 23, 2025