Benefits of Business Setup in Meydan Free Zone
Businesspersons from varying sectors opt for Meydan for launching their business. You can consider this versatile domain even if you are planning a freelance business. Expats are authorized to start a business or form a company without depositing capital. Neither you have to submit financial documents for auditing.
Expats can have 100% ownership in the company, get tax exemption, and save 100% profit. Import and export duty exemption is another prominent feature of the Meydan Free Zone. We offer comprehensive support to our clients including the processing of Meydan free zone license, hiring office space, identifying and renting commercial space and so on.
The benefits of business setup in Meydan are:
- 100% repatriation of capital
- Customized facility options
- Transact in multiple currencies
- Budget-friendly and cost-effective company formation
- One of the best free zones for start-ups and small-scale business firms
- Authorized to hire expat employees as required
- Zero income tax
- Zero corporate tax
- Opt for Flexi desk and save money if you want
- Get an office and commercial space at a premium location
- Secure, safe and productive business atmosphere
- Systematic and hassle-free licensing process
Documents Required for Meydan Free Zone License
You must submit the application form along with the following documents for Meydan free zone license:
- Application forms (must be signed by the authorized signatory)
- Copy of passport of the owner (s)/ shareholders
- Copy of visa of the owner (s)/ shareholders
- 3-year business plan
- Curriculum Vitae of shareholders, directors and designated managers
- Six months bank statement
Types of Licenses in Meydan Free Zone
Starting a company in the commercial, service, or media sector is easy by obtaining a Meydan free zone license for the respective business operations.
The types of Meydan free zone licenses are:
- Commercial License
- Media License
- Consultancy License
Company Setup Procedures in Meydan Free Zone
The Meydan Free Zone authority has set a hassle-free process for company formation in this domain. By pursuing the process you can obtain all the approvals, Meydan free zone license and commence the business.
The procedure for a company set up in Meydan free zone is:
- Finalize the business activities you plan to undertake. The approved business operations would be mentioned in the license. You are not supposed to carry out any activity that is not authorized in the business license.
- Register the trading name for the business. The name must be according to the naming regulations issued by the authority. Blasphemous, politically or religiously inclined names are not permitted.
- Submit the documents along with the application form
- Comply with the Meydan free zone license formalities
The shareholders must sign the documents in the presence of the Meydan Free Zone Authority.
All the shareholders must sign the company formation documents in the presence of the Meydan Free Zone Authority officials. The business license for Meydan free zone would be issued without any delays.
Meydan Free Zone Company Formation with Kiltons
Expat entrepreneurs require trustworthy support for completing the formalities and complying with the regulations. The authority has laid down a stipulated process for company formation in Meydan free zone. Pursuing the documentation and Meydan free zone license procedure necessitate approvals and compliance with promulgated policies.
Kiltons Business Setup Services has been the number one business setup service in Dubai, UAE for more than two decades. Our dedicated team offers end-to-end support for company formation in the Meydan free zone and other jurisdictions in the UAE. Obtaining the Meydan free zone license, hiring the official and commercial space, complying with the formalities, and all the associated formalities would be handled by our proficient professionals on behalf of you.
A seamless service that would undertake all the company set-up tasks in a predefined schedule is what we provide. Each process would be completed in the timeline determined, without any hitches or ambiguities. Our association with authorities aid us in offering the best support to the clients.
Let us know how we can help you. If you are looking to set up a company in the Meydan free zone, contact us right away.
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