Setting up a company in Meydan Free Zone is a fast and fully digital process designed to reduce paperwork and save time. Below is the complete Meydan Free Zone company formation and registration process:
Step 1: Choose Your Business Activities
- Select up to three business activity groups from over 2,500 options.
- Ensure your chosen activities match your business plan and license type.
Estimated Timeline: 1–2 days
Note: You need special approvals from authorities like the Dubai Health Authority (DHA) for certain regulated activities before or after license issuance.
Step 2: Choose Your Legal Structure and Trade Name
- Decide the company structure (e.g., Free Zone Establishment or Free Zone Company).
- Reserve a unique trade name that complies with UAE naming rules.
- Authorities quickly approve your name reservation once you submit it.
Estimated Timeline: 1–2 days
Note: You can also apply for trademark registration to protect your brand and intellectual property from the start.
Step 3: Prepare and Submit Your Application
- Gather required documents such as passport copies, chosen trade name, and selected business activities.
- Submit your application digitally via the Meydan Free Zone portal (Fawri system) at “ae”.
No local sponsor or presence in the UAE is needed at this stage.
Estimated Timeline: 1–3 days
Step 4: Obtain Initial Approval and License Issuance
- Meydan Free Zone reviews your application and conducts due diligence.
- If all is in order, you can receive your trade license and company documents.
- With the Fawri service, licenses can be issued in as little as 60 minutes once approved.
Estimated Timeline: 1–5 days
Step 5: Open Your Business Bank Account
- After the license issuance, start the bank account application.
- Use your trade license and establishment card for compliance checks.
- Some partner banks offer digital onboarding and guaranteed IBAN access. This step is an important part of the business setup in the Dubai Free Zone.
Estimated Timeline: 3–7 days (some banks may take longer depending on compliance checks)
Step 6: Apply for Visas (if Needed)
- Once your license is active, apply for your investor/residence visa and visas for staff.
- The process includes entry permits, medical tests, Emirates ID registration, and visa stamping.
Estimated Timeline: 10–20 days (after documentation is complete)
Step 7: Fulfill Post‑Setup Compliance
- Renew your license and visas before expiry to stay operational.
- Keep your company records updated and follow mandated compliance filings (e.g., UBO records).
- Ensure all regulatory documents and tax eligibility requirements remain valid.
Estimated Timeline: Ongoing (renewal yearly or triennially, depending on license)
Step 8: Start Your Business Operations
- With your license, bank account, and visas ready, you can begin operations.
- Set up your online presence, hire employees, and sign contracts with vendors or clients.
- You can even start with a virtual office and upgrade to a physical workspace. You can expand your license activities later as your business grows.
Estimated Timeline: Immediately after license and bank account issuance
Looking to set up your Meydan Free Zone company smoothly? SafeLedger offers expert guidance from license issuance to visas and bank accounts. With years of experience in the UAE, we make the process smooth. Contact us today and grow your business stress-free!