Meydan Free Zone (MFZ)
Meydan Free Zone (MFZ)
Meydan Free Zone is a hub of life and energy in Dubai. The free zone was conceptualized by the Vice President of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, who is also the ruler and prime minister of Dubai. The Meydan Free Zone was established in February 2009 and is well-known for hosting world-class horse racing events at its premium racecourse that can accommodate up to 60,000 spectators.
Strategic Location and Amenities
The strategic location and world-class amenities of Meydan Free Zone have won the hearts of global investors. It is an ideal location for living, working, playing, shopping, learning, and growing. It is centrally located and well-connected to Dubai International Airport. Meydan Free Zone encompasses an area for business setup that is categorized as a free zone and is known for meeting the best standards of the international business community.
World-Class Infrastructure and Amenities
Meydan Free Zone is much more than a racecourse. The most advanced and well-planned infrastructure lends it a designer look. The world-class amenities include luxurious hotels, business parks, residential villas, sports grounds, schools, hospitals, inlay beach, shopping venues, and much more. It is a prestigious destination for corporate meetings, events, family vacations, and business setup. Once you land in Meydan Free Zone, you can become a part of a thriving economic arena that welcomes ambitious entrepreneurs from all over the globe.
Types of Business Licenses
Meydan Free Zone follows liberal policies and offers licenses to all business sectors except heavy industries. There are three types of business licenses that can be obtained to start a business in Meydan Free Zone:
Consulting License: A consulting license allows a team of professionals or an expert to start a consultancy firm. Varied solutions and professional services can be offered, including auditing, auctioning, management services, business setup, financial services, human resources, and more.
Commercial License: A commercial license is for trading activities, such as supply and distribution of goods, and import and export of goods.
Media License: A media license is suitable for all business activities that aspire to excel as a center of creativity by adopting any form of media.
Advantages of Meydan Free Zone
Meydan Free Zone’s vision is to contribute to Dubai’s success, and it is supported by the government’s liberal policies and an easy registration facility. Here are some advantages of setting up a business in Meydan Free Zone:
- 100% foreign ownership allowed
- Prominent location
- Advanced infrastructure and communication
- Flexi-desk availability 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
- Vibrant community and dynamic market
Uniqueness of Meydan Free Zone
Meydan Free Zone is unique in many ways, but the most outstanding feature is its innovative and extraordinary interface designed for investors. It is technologically advanced and has facilities that make things easier for global investors. The dynamic environment for business setup in Meydan Free Zone is suitable for leading giants as well as start-ups, freelancers, and SMEs. Its unique services, such as Meydan Pay Benefits, Meydan Plus, and Meydan Commerce, are extraordinary.
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