Meydan Free Zone(MFZ)
Meydan Free Zone (MFZ), established in February 2009, under the Ruler’s Decree no. 5, offers efficient and seamless business start-up in one of Dubai’s most prestigious addresses, located in Nad Al Sheba, near Mohammed Bin Rashid Al Maktoum City, near to the Dubai Logistics Corridor.
A modern economic free zone in the heart of Dubai, Meydan Free Zone is close to the most important landmarks of the emirate, which gives investors several strategic benefits. It offers open office spaces and fully serviced offices, accommodating all types of businesses including commercial, consulting, investment and administrative companies, alongside choices in high-end residences.
The free zone also has a 5-star hotel, a premium golf course and is home to Dubai World Cup, the world’s richest horse race. Meydan is in close proximity to vital commercial and financial hubs including easy access to Dubai International Airport and major intersections.
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Expats Can Own 100% of Doing Business in Meydan Free Zone
- Meydan companies business can’t operate outside the registered free zone
- A license is required.
- A physical existence is required (- Registration addressoffice – warehouse – etc.)
- Registration is simpler than onshore companies but still more complex than offshore companies.
- And the same thing applies to registration costs. The registration costs of free zone businesses are less than the registration fees of onshore companies. But it is higher than offshore businesses’ registration fees.
The Benefits of Doing Business in Meydan Free Zone
- 100% business ownership for expats and sole shareholders
- Ability to operate through a flexi-desk
- Premier location for new business located to Dubai
- Secure and regulated environment
- Full capital repatriation
- FZE and FZ LLC operating licenses
- No currency restrictions
- Residence visa – Investor/Partner – Employee