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To begin your business in MEYDAN Free Zone (MFZ) in Dubai is simple and offers different licence options based on your business needs. You can choose your business type, select your business licence (which includes commercial licence for trading goods, service licence for providing services, and industrial licence for production activities), you can apply for licence, choose office space, obtain your visa, and pay fees. Once everything is set-up, you will be able to operate your business in the developing and strategic environment of the MEYDAN Free Zone. In short the process is simple, with a variety of flexible options and clear costs to help you set-up your business in Dubai's MFZ.
Personal Documents:Passport, visa copies, Emirates ID, and a CV for the owner or manager.
Business Plan: A three-year business plan outlining your goals and strategies.
Bank Reference:A stamped bank reference letter or a six-month bank statement.
Proof of Address: A recent utility bill or another form of address verification.
Application Forms:Signed registration and application forms.
Trade License:A copy of any existing UAE trade license (if applicable).
Power of Attorney: If you appoint a legal representative or agent, you’ll need a notarized power of attorney.
Company Name Reservation:Provide at least three name options for your business.
Memorandum & Articles of Association:Required for company formation.
Certificate of Formation/Incorporation:For corporate shareholders.
Certificate of Incumbency & Board Resolution: For corporate shareholders (issued within the last 3 months).
Cost of Business Setup:
This license you will get only for three business activities without a visa.
License for three business activities with one visa.
License for three business activities with three visas.
The business setup process in the Meydan Free Zone usually takes 2–4 weeks. Below is the breakdown of the several steps which are involved:.
Submit Application and Documents: 1–3 days.
Get Initial Approval: 1–2 days.
Reserve Company Name and Get Trade License: 1–2 days.
Finalize Lease Agreement: 1–2 days.
Get Approvals from Other Authorities: 2–5 days.
Open a Corporate Bank Account: 1–2 days.
Get Visas for Employees: 1–2 days.
Meydan Free Zone offers several types of licenses, each catering to different business activities:
For trading and commercial activities.
For service-oriented businesses and consultancy firms.
For manufacturing and industrial operations.
For online businesses and digital services.