Meydan Free Zone encourages many investors from all over the world to set up businesses in Meydan Free Zone, which offers comprehensive free zone incentives such as 100% ownership, tax exemptions, no currency restrictions, possibility of hiring foreign labor, high-speed internet connectivity, and no tariffs on imports and exports. Meydan Free Zone only offers flexible desk options, which is very convenient for those who do not need a permanent physical office to conduct business. The Meydan Stadium, where the Meydan Free Zone is located, is a strategic brainchild of the Dubai Government to connect the world to the Emirate of Dubai by hosting international horse racing events. In addition, the Meydan Project includes not only the Meydan Stadium or the Meydan Free Zone, but also a wide range of commercial developments, sports, hotels, entertainment and leisure facilities, a series of state-of-the-art business parks, hospitals, schools, residential villa communities, commercial buildings with luxury seafront developments, and shopping destinations.
Strategic Creativity: The Medan Stadium, where the Medan Free Zone is located, is a strategic creativity of the Dubai government, aiming to connect the world with the Emirate of Dubai by hosting international horse racing events.
Environmental Perfection: In addition, the Medan Project includes not only the Medan Stadium or the Medan Free Zone, but also a wide range of commercial developments, sports, hotels, entertainment and leisure facilities, a series of state-of-the-art business parks, hospitals, schools, residential villa communities, commercial buildings with luxury seaside developments and shopping destinations.
Management Advantages: The same business license allows 3 business scopes across industries, offices can be rented outside the free zone, there is no quota limit, virtual office can also be used, audits are not mandatory, registration is fast, and virtual currencies and service industries can be accepted.
Royal Involvement: A free zone with royal participation.
Meydan can establish the following types of companies:
1. Limited Liability Company (FZ LLC): Shareholders can be natural persons or legal persons, and liability is limited to the company's investment amount. It can be trade or service-related activities;
2. Branch: Business activities must be service-related activities;
3. Representative office: No trading activities can be carried out.
Meydan Free Zone offers different types of activities, classified as commercial, consulting or media licenses.
● Consulting license: allows consulting activities such as management, commercial, human resources consulting and other professional services.
● Commercial license: allows the import, export, trade and distribution of different types of goods. Please note that currently no warehouse space is available in the Meydan Free Zone.
● Media license: covers various media, advertising and communication services.
1. Sign the agency agreement;
2. Provide, organize, sign and confirm the registration information: company name, shareholder or holding company authorization, shareholder passport or holding company registration certificate articles and board resolutions, company structure chart, manager education, business scope, registered capital, registered address, company members, registration application form, KYC form, articles of association, shareholder resolutions, lease contracts, etc.
3. Submit the registration and obtain information: registration certificate, license, equity register, articles of association.
4. Visa application
5. Enter the country and apply for an ID card;
6. Bank account opening: Zhuoxin Enterprise has close cooperation with FAB, RAK, MAShq, ADCB, ENBD, and CBD. You can choose a bank according to your needs, and our company will assist in arranging account opening.
1. License renewal: renewal of license, renewal of office address, renewal of permit;
2. Accounting and auditing.
3. Company cancellation: registration and liquidation, cancellation of company card, visa, company liquidation report.
4. Company changes
Companies in Dubai Free Zone can hire local employees, and the free zone management provides visa services, allowing different numbers of visas to be applied for based on different packages.
Companies in the Dubai Free Zone can conduct business activities that align with their trade license, but generally cannot directly operate in the local UAE market outside the free zone. Business activities outside the free zone require the use of an agent.
The registration address for companies in Dubai Free Zone is provided by the free zone management authority. You can also rent actual office space or choose a virtual office.
Most companies in Dubai Free Zone enjoy a 50-year tax exemption policy, with no corporate income tax, personal income tax, etc., and import customs duties are also exempted.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.