United Arab Emirates

Company Formation in Meydan Free Zone

Meydan Free Zone Authority

Formation Time

2–4 business days

Min. Capital

No minimum required

Corporate Tax

0% qualifying / 9%

Foreign Ownership

100%

Overview

Meydan Free Zone is one of Dubai's most prestigious and digitally advanced boutique free zones, located in the prestigious Nad Al Sheba district adjacent to Downtown Dubai, Business Bay, and the world-famous Meydan Racecourse. Meydan Free Zone provides a 100% digital formation experience, allowing global entrepreneurs to establish a Dubai-based legal entity within 48 to 72 hours. With access to over 2,500 approved economic activities spanning digital media, consulting, e-commerce (Meydan Marketplace), and software development, Meydan delivers a luxury Dubai brand address combined with affordable flexi-desk and visa packages.

Central Dubai Nad Al Sheba location

100% digital 48-hour setup

Meydan Pay payment gateway

No capital required

Wio Bank API integration

Why Choose Meydan Free Zone

Prestigious central Dubai address in Nad Al Sheba, just 12 minutes from Downtown Dubai

100% digital formation platform completed in 48 to 72 hours without paperwork

Choose from over 2,500 commercial, professional, and service activities

No minimum capital requirement and no mandatory annual audit submission

Meydan Pay integrated payment gateway and e-commerce marketplace tools

0% Corporate Tax on Qualifying Income under UAE Federal Corporate Tax QFZP rules

Flexible residence visa packages with dedicated VIP medical and Emirates ID assistance

Direct partnership with Wio Bank Business for expedited digital corporate banking

Business Entity Types

Entity	Ownership	Directors	Capital	Tax	Best For
FZ-LLC	100%	1	None	0% on Qualifying Income; 9% on non-qualifying income	E-commerce, digital media, management consulting, software, creative agencies
Branch Office	100%	1	None	0% qualifying / 9% standard	International companies seeking a central Dubai representative office

Step-by-Step Formation Process

Activity Selection & Application

1 day

Select up to 3 activities and submit passport online.

Security Screening & Trade Name

1–2 days

Clear government security and reserve company name.

Digital Signing & License Issuance

1 day

Sign electronic documents and receive official Meydan trade license.

Establishment Card & Entry Permit

3–5 days

Issue immigration establishment card and UAE entry permit.

Emirates ID & Banking Setup

1–2 weeks

Complete medical/biometrics and open corporate account with Wio Bank.

Costs & Fees

Government / License Fee	AED 12,500 – 24,000
Our Service Fee	USD 2,500+
Annual Renewal	AED 12,500 – 22,000

Fees are indicative and may vary based on business activity, entity type, and additional approvals required. Contact us for a precise custom quote.

Get Custom Quote

Banking

Meydan Free Zone has a formal integration with Wio Bank Business and RAKBANK, ensuring rapid digital account setup for non-resident entrepreneurs.

Account Opening Time

3 days (Wio) to 3 weeks (commercial banks)

Multi-Currency

Yes — multiple currencies supported

Recommended Banks

Wio Bank (instant digital onboarding in 48 hrs)RAKBANKMashreq NeoBizEmirates NBD

Tax Overview

Corporate Tax

0% on Qualifying Income; 9% on non-qualifying income

Personal Income Tax

VAT / Sales Tax

5% standard VAT

Capital Gains Tax

Withholding Tax

Double Tax Treaties

137 countries

Subject to UAE Federal Corporate Tax Law (Decree-Law No. 47 of 2022). Meydan companies must register with the FTA and obtain a Tax Registration Number (TRN).

Frequently Asked Questions

Where is Meydan Free Zone located in Dubai?

Meydan Free Zone is located in Nad Al Sheba, inside the iconic Meydan Hotel complex adjacent to the Meydan Racecourse. It is just a 12-minute drive from Downtown Dubai, the Burj Khalifa, and Business Bay.

What is Meydan Pay?

Meydan Pay is Meydan Free Zone's proprietary digital payment solution, enabling newly formed e-commerce and service companies to accept online credit card payments seamlessly from international customers.

How fast can I get a trade license in Meydan?

Meydan operates an entirely digital registration system. Applications submitted through Incorp International are typically approved with the trade license issued in 48 to 72 hours.

Does Meydan require a physical office?

No. Meydan provides flexible flexi-desk and virtual office packages that fulfill all statutory licensing requirements and support visa allocations without the expense of private commercial rent.

Can I open an account with Wio Bank for a Meydan company?

Yes. Meydan Free Zone has a direct digital API integration with Wio Bank Business, allowing founders to complete corporate banking verification in as little as 48 hours.

How many visas are included in a Meydan license?

License packages can be customized from 0 visas up to 6 visas under standard business center allocations, with additional visas available through customized workspace options.