Meydan Free Zone Business Setup Consulting

Meydan Free Zone

Meydan Free Zone

Located within the prestigious Dubai racecourse Meydan, the Meydan Free Zone serves as one of the cost effective destinations for startups and business setup. Located in downtown Dubai, Meydan Free Zone development has led to a strategic free zone that consists of commercial properties, hotels, sport venues, entertainment facilities, and residential communities along with skyscrapers. In Meydan, business formation is streamlined to encourage low cost startups and business to flourish. This makes the Meydan Free Zone authority a viable prospect for foreign investment in the heart of the international horse racing and equestrian scene in the Middle East.

Located within the prestigious Dubai racecourse Meydan, the Meydan Free Zone serves as one of the cost effective destinations for startups and business setup. Located in downtown Dubai, Meydan Free Zone development has led to a strategic free zone that consists of commercial properties, hotels, sport venues, entertainment facilities, and residential communities along with skyscrapers. In Meydan, business formation is streamlined to encourage low cost startups and business to flourish. This makes the Meydan Free Zone authority a viable prospect for foreign investment in the heart of the international horse racing and equestrian scene in the Middle East.

ADVANTAGES OF BUSINESS SETUP IN MEYDAN FREE ZONE

If you are looking for business setup in Dubai, the Meydan Free Zone serves as the perfect destination. Meydan Free Zone offers a competitive free zone to business investors and innovators who are looking for a low cost company formation. With My Business Consulting DMCC, Meydan business setup becomes a possibility. Our consultancy, resource, and support, can enable you to set up a business, get the appropriate licensing, fulfill visa requirements, and more.

TYPES OF LICENSE

SETUP YOUR BUSINESS IN MEYDAN FREE ZONE TODAY!

With My Business Consulting DMCC, your dream of owning a business in Dubai is never too farfetched. Get facilitation support in Meydan Free Zone along with assistance in opening bank accounts, meeting visa requirements, and getting qualified bookkeeping services!

Let My Business Consulting DMCC guide you in finding the right business setup in Meydan Free Zone. As a Meydan Free Zone company, your workflow can take advantage of low cost operations and unprecedented support. We also provide support to businesses in finding their feet in other free zones across Dubai.

Calculating Your New Free Zone Company in Meydan Free Zone (MFZ)

The most important factor in creating a viable business plan for a start-up company is understanding the initial costs. This page is a run through of General Cost for setting-up a company in Meydan Free Zone (MFZ), per expenses as follows:

1. Type of License

Meydan Free Zone specializes mainly on Consultancy and Trading License. The Free Zone is offering standard fee structure regardless of which license is chosen.

1st year 2nd year
New Application Fee* AED 520 -
Registration Fee AED 10,020 -
License Fee (per activity) only for Trading and Service License AED 10,020 AED 10,020
Additional Activity (if required) AED 5,020 AED 5,020
Establishment Card AED 1,800 AED 1,800
Refundable Deposit** AED 10,000 -

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).
AED 5,020 to be paid upon receiving the application form and all documents (non-refundable).
Deposit AED 10,000 to be refunded upon closure the company.

2. Type of Office Facilities

1st year 2nd Year
Virtual Office Fee (2 Visa Eligibility) AED 6,000 AED 6,000

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

3. Residence Visa in Meydan Free Zone (MZF)

SERVICES FEES (AED)
Employment Visa- Outside the Country 5,770
Employment Visa- Inside the Country 7,060
Medical Test, Emirates ID and Photo 1,240
MBC Service Fee 2,500

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).

4. My Business Consulting DMCC Service Packages

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - 11,000 AED

Additional Fees:

  • Subsidiary/ Branch – 5,000 AED for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from 500 AED

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

+ 7,500 AED
Service Fee
+ 2,500 AED
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).
COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - 11,000 AED

Additional Fees:

  • Subsidiary/ Branch – 5,000 AED for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from 500 AED

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

+ 7,500 AED
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES
  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

+ 2,500 AED
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).