Jebel Ali Free Zone Authority (JAFZA)
The Meydan free Zone remains as one of the prestigious free zones for its royal location of Meydan racecourse which consists of commercial properties, hotels, sport venues, entertainment facilities, and residential communities along with skyscrapers. We would say this is one of cost efficient free zones in Dubai which has been set up to embolden start-ups to grow and flourish. This makes Meydan Free Zone Authority always a feasible route to secure the foreign investments.
ADVANTAGES OF BUSINESS SETUP IN MEYDAN FREE ZONE
- 100% foreign ownership
- 100% capital repatriation
- Flexible facilities options
- No currency restrictions
- Ideal for startups and SMEs
- No capital deposit requirements
- Prime location in Dubai downtown
- Conveniently hire foreign labour/employees
- No personal income or corporate tax
Planning a Start up??? Looking for low cost company formation???
The expert answer would be Meydan Free Zone.
Plan your business and we assure you the rest!!!
TYPES OF LICENSES
WANT TO SETUP YOUR BUSINESS IN MEYDAN FREE ZONE?
CONTACT US FOR FREE CONSULTANCY TODAY!
We will make your dreams come true while you plan your business structure with us.
Your IDEA + Our guidance & Support = successful business
Estimate for New Free Zone Company in Meydan Free Zone (AFZ)
A smart entrepreneur will always look for the estimate and initial costs for the setting up his/her business as the first step. This page will give you an outline on different types of licenses, General Cost for setting-up a company in Meydan Free Zone, per expenses as follows:
- Type of License
Meydan Free Zone majorly offers two types of licenses such as Consultancy License and Trading License. The fee structure in this Free Zone is more or less the same irrespective of the type of license. Please note below table is general fee structure which shows the minimum cost. Apart from the below, AED 5020/- is charged as application fee and AED 10,000/- has to be paid as deposit at the time of submission of application form and relevant documents. The deposit fee will be refunded on the event of dissolution/closure of the business.
| 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 subjected to Value Added Tax (VAT) at the rate of 5%. All fees listed above may change without prior notice.
- Type of Office Facilities
1st year 2nd Year
| Virtual Office Fee (2 Visa Eligibility) | AED 6,000 | AED 6,000 |
Note: Fees are subjected to Value Added Tax (VAT) at the rate of 5%. All fees listed above may change without prior notice.
- Residence Visa in Meydan Free Zone (MZF)
| SERVICES | FEES (AED) |
| Visa Application Fees (Inside the Country Application) | 7,060 |
| Visa Application Fees (Outside the Country Application) | 5,770 |
| Medical Test and Emirates ID | 1,220 |
| Photo | 20.00 |
| CREDENTONE PRO Fee per Full Visa Assistance per person | 3,000 |
Note: Fees are the subject for additional 5% Value Added Tax (VAT).
- CredentOne DMCC Service Packages
We are offering 3 types of professional service packages.
| SCOPE OF SERVICES | Executive | Priority | Premium |
| Standard Price: | AED 7,000 | AED 12,000 | AED 21,000 |
| CORPORATE CONSULTANCY | Yes | Yes | Yes |
| SETTING-UP COMPANY PORTAL | Yes | Yes | Yes |
| INITIAL APPROVAL | Yes | Yes | Yes |
| REGISTRATION | Yes | Yes | Yes |
| FLEXI FACILITY ARRANGEMENTS | Yes | Yes | Yes |
| BOARD RESOLUTION | Yes | Yes | Yes |
| LICENSING | Yes | Yes | Yes |
| ESTABLISHMENT CARD | Yes | Yes | Yes |
| COMPANY STAMP | Yes | Yes | Yes |
| DAILY UPDATE REGARDING THE FULL PROCESS | Yes | Yes | Yes |
| COMPANY LETTERHEAD | – | Yes | Yes |
| P.O. BOX REGISTRATION | – | Yes | Yes |
| MEETING ARRANGEMENT WITH BANKER | – | Yes | Yes |
| FULL BANK ACCOUNT OPENING APPLICATION | – | – | Yes |
| FREE PRO SERVICE FOR 1ST COMPANY VISA | – | – | Yes |
| BUSINESS PLAN MAKING | – | – | Yes |
| COMPANY PROFILE | – | Yes |
CredentOne DMCC can assist you in all means including but not limited to opening bank accounts, visa requirements and getting qualified bookkeeping services.
CREDENTONE, YOUR BUSINESS PARTNER UNCONDIONTIONALLY…