MEYDAN FREE ZONE

Introduction to Meydan Free Zone

Dubai, known for its luxurious lifestyle and extravagant architecture, is home to several free zones that cater to businesses and investors from all over the world. One of these free zones is the Meydan Free Zone, located in the heart of Dubai.

Meydan Free Zone is a world-class business hub that offers a range of opportunities for entrepreneurs and companies in various industries, such as sports, entertainment, hospitality, technology, and finance. The free zone is strategically located near Dubai International Airport and the Dubai World Trade Centre, making it a convenient location for business operations and networking.

It is clear that Meydan Freezone is much more than just a racecourse. The strategic location, world-class infrastructure, and comprehensive amenities make it an ideal destination for businesses, residents, and visitors alike. The free zone has gained popularity among global investors due to its central location and connectivity to Dubai’s international airport.

Meydan Freezone’s contribution to the UAE economy is significant, as free zones account for 8% of the total business in the country. The growth of free zones continues to rise, with a 4.4% increase in investment recorded last year. Meydan Freezone is home to over 60,000 companies, a testament to its popularity and appeal.

In addition to being a thriving economic hub, Meydan Freezone also offers luxurious hotels, residential villas, sports facilities, schools, hospitals, beaches, and shopping venues, among other amenities. This makes it an ideal destination for corporate meetings, events, family vacations, and business setup.

 Benefits of Setting up Business in Meydan Free Zone

One of the key benefits of setting up a business in Meydan Free Zone is its tax-free environment, which allows companies to save on corporate tax, personal tax, and import and export duties. Additionally, companies in Meydan Free Zone enjoy 100% ownership, which means that investors can have full control of their business without the need for a local partner.

 The free zone also offers state-of-the-art infrastructure and facilities, including advanced telecommunications systems, high-speed internet, and modern office spaces. The free zone also has access to world-class leisure and entertainment facilities, such as the Meydan Racecourse and the Meydan Hotel.

 Meydan Freezone, located in Dubai, UAE, is a rapidly growing business hub that offers several advantages for businesses looking to establish a presence in the region. Some of the advantages of Meydan Freezone are:

• Strategic location: Meydan Freezone is strategically located in the heart of Dubai, which provides easy access to the city’s ports, airports, and major highways, making it a convenient location for businesses looking to expand their operations in the Middle East, Africa, and Asia.

• Tax benefits: Meydan Freezone offers various tax benefits to businesses, including zero corporate and personal income tax, no value-added tax (VAT), and no customs duty on imports and exports.

• Business-friendly environment: Meydan Freezone offers a business-friendly environment with simplified administrative procedures and a streamlined company registration process, which makes it easier for businesses to set up and operate in the region.

• Infrastructure and facilities: Meydan Freezone provides world-class infrastructure and facilities, including modern office spaces, warehouses, and factories, high-speed internet connectivity, and advanced IT and telecom infrastructure.

• Business support services: Meydan Freezone offers a range of business support services to help businesses succeed, including legal and financial advisory services, marketing and PR support, and access to a network of industry experts.

• Access to talent: Dubai is a multicultural city with a highly skilled and diverse workforce, which makes it easier for businesses in Meydan Freezone to recruit top talent and build a team that can drive growth and innovation.
  

• Lifestyle benefits: Meydan Freezone is located in close proximity to several lifestyle amenities, including restaurants, cafes, hotels, and shopping centers, which make it an attractive location for businesses and their employees.

 III. Business Setup Process in Meydan Free Zone

Furthermore, Meydan Free Zone has a dedicated business setup process that aims to provide a hassle-free experience for investors. The process is quick and efficient, with a dedicated team of professionals that can assist investors in every step of the process, from obtaining licenses to setting up bank accounts and visas.

 Three Types of Business Licenses:

• Consulting License: This license allows businesses to provide professional services such as management consulting, financial advisory, auditing, human resources, and other related services.

• Commercial License: This license allows businesses to engage in commercial activities such as trading, supply, distribution, and import/export of goods.

• Media License: This license is specifically designed for businesses engaged in creative and innovative activities related to any form of media such as advertising, marketing, film production, television, publishing, and other related activities.

These licenses provide businesses with the necessary legal framework to operate within Meydan Freezone and to access the various benefits and facilities available in the region.

• Business Support Services in Meydan Free Zone

Meydan Free Zone also offers a range of business support services, such as marketing and advertising, legal and financial consultancy, and human resources. These services aim to help businesses grow and expand in the UAE and beyond.

The Meydan Free Zone (MFZ) is a highly exceptional and innovative free zone that offers investors an advanced technological interface and various facilities to make global investments easier.

One of its most unique features is the Meydan Pay Benefits, which is a virtual wallet with an IBAN that enables easy and quick payments, hassle-free transactions, and invoicing.

MFZ also offers Meydan Plus and Meydan Commerce, which allow investors to easily apply for additional services such as corporate banking, dependent visa application, and e-commerce platform enlistment. Setting up a business in Meydan Dubai is straightforward and customer-friendly, with simple steps to follow on the MFZ website.

 However, it is recommended to consult an expert for the best solution. Contact information is provided for further assistance.

 Meydan Pay Benefits

MFZ offers a privilege to its investors like no other freezone. Meydan Pay Benefit is a virtual wallet that is provided with IBAN. It enables the user with easy and quick payments without any worries. It facilitates hassle-free transactions that enable you to concentrate on the growth of the business. Generation of invoices becomes feasible without any procrastination.

Four Steps to Easy and Quick Transactions by Meydan Pay

Step 1: Start a company in Meydan Dubai

Step 2: Open https://www.meydanfz.ae/meydan-pay/ in the search bar and browse over the site and take the cursor on the customer portal and click on it. You will be navigated to https://portal.meydanfz.ae/frontend/login. 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. Meydan Pay – Exclusive eWallet by Meydan Free Zone (meydanfz.ae)

 Meydan Plus:

If you have plans to avail of some services like corporate banking, dependent visa application and many more then you can easily apply for them online from anywhere. Visit the site and select the services you need. https://www.meydanfz.ae/meydan-plus/

Meydan Commerce:

Meydan commerce ensures your visibility on e-commerce platforms by getting enlisted on some reputed and accessible platforms. Amazon, Noon and some other reputed ones. You can get your business license customized by paying reasonable fees of AED 6,000.

 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 https://www.meydanfz.ae/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.

 Conclusion

In conclusion, Meydan Free Zone is an attractive destination for businesses and investors looking to establish a presence in the UAE. With its strategic location, tax-free environment, world-class infrastructure, and efficient business setup process, Meydan Free Zone offers a unique business ecosystem that caters to a diverse range of industries.