Meydan free zone offers a flexible and cost-effective environment for foreign entrepreneurs looking for company formation in Dubai. The free zone offers more than 1,500 lucrative business activities that can be carried out from the free zone’s office spaces built in a premium location. However, foreign investors choose a free zone only after knowing what benefits it offers. Selecting the right free zone in the UAE can be difficult as there are more than 45 active free zones in the country and around 35 of them are located in Dubai.
Business setup consultants in Dubai can advise you to determine whether Meydan free zone can be the right choice. In this blog, we will discuss the key benefits of starting up a company in the Meydan free zone in 2022. Read ahead and make the best of business setup in Dubai free zones:
One of the UAE’s Prestigious Addresses
Company registration in the Meydan free zone allows you to have your office at one of the most prestigious addresses in the region. Meydan free zone is strategically located within the Meydan Hotel that overlooks the Meydan Golf Course and the horse racing track. The premium location is sure to impress the guests and clients visiting your office. Business owners can also use the hotel’s amenities to ace deal-clinching business meetings.
Easy Connectivity to Major Hubs
Meydan free zone is centrally located at the heart of Dubai, offering you easy connectivity and access to major business hubs. The free zone is merely a 15-minute drive from the Dubai International Airport and a 12-minute drive from Dubai downtown. Clients and employees can easily reach your office quickly for work, meetings and important events. Consult with business setup consultants in Dubai for further details of the location benefits.
Cost-effective Business Packages
Company formation in the Meydan free zone is chiefly known for the cost-effective packages it offers to foreign investors. Meydan free zone’s zero visa package is priced at AED 12,500 with LLC-FZ Trade License, lease agreement and up to three business activities. Meydan free zone offers a single visa package priced at AED 14,350 that comes with LLC-FZ Trade License, lease agreement and up to three business activities. The three-visa package will cost you only AED 18,050 with LLC-FZ Trade License, lease agreement and up to three business activities.
Access to a Vibrant Community
Company incorporation in Meydan free zone provides you with access to a vibrant community that will help you foster business growth through innovation and collaboration. You can attend the networking events that regularly happen within the free zone. It will enable you to meet entrepreneurs and professionals from other companies operating within the free zone. Such meetings will lead to new customers, connection with decision-makers and collaboration with potential partners.
Simple Procedures to Start a Business
Registering a business in the Meydan free zone is no rocket science. The process of company incorporation in Meydan free zone doesn’t involve any lengthy or complex steps. You can complete all the procedures within a few days even if you are new to Dubai. This is why the Meydan free zone is generally known as an ‘entrepreneur-ready’ free zone.
Availability of All Services Under a Roof
You don’t need to face any bureaucratic red tape while opening a company in the Meydan free zone. This is because Meydan authority provides all the services under one roof so that you can obtain a free zone license in Dubai easily. It is easy to open a bank account in Dubai by using the free zone’s Meydan Pay solution. Meydan Commerce is another solution that enables you to create e-commerce stores at the world’s leading online marketplaces like Amazon, Noon, and Instagram. Meydan Plus helps you with bank account opening, document picks and drop off, booking for medical biometrics or Emirates ID registration, booking of meeting rooms, working from a Flexi-desk, or requesting any corporate letter.
Cost-effective Workspace Options
Obtaining a license from Meydan Free Zone enables you to rent affordable Flexi Desks. Flexi desks in the Meydan free zone are ideal for startups, SMEs, freelancers and even corporate groups. Plug-and-play options such as Flexi desks create opportunities for low-cost company incorporation in Dubai-free zones. Business setup experts in Dubai can provide you with details about the cost structure of Flexi desks.
Set up a Business in Meydan with Jitendra Business Consultants
Registering a company in Meydan Free Zone provides you with exclusive benefits such as the ones listed in this blog. However, you may need the assistance of business setup consultants in Dubai such as Jitendra Business Consultants (JBC) to know about the country’s regulations and laws. We have a team of highly qualified business setup experts who can advise you on the UAE immigration laws, labour laws and free zone regulations.
JBC can guide you on the key requirements such as visa processing, document drafting, bank account opening etc. We also offer value-added services such as Value Added Tax (VAT), trademark registration, corporate finance, ICV certification, product certification, accounting & audit etc. We can also assist you in compliance requirements such as Economic Substance Regulations (ESR), Ultimate Beneficial Ownership (UBO) and Anti-Money Laundering and Combatting Financing of Terrorism (AML-CFT) etc.