Gulf News

Experience seamless business set-up with Meydan Free Zone

Entreprene­urs can take advantage of cost-effective packages and several other benefits, all at a prime location

-

Business owners can now set up or expand their business in Dubai with Meydan Free Zone. Located close to Downtown Dubai, Meydan Free Zone not only offers business set-up services with credibilit­y, taxfriendl­y benefits, and proximity to the city but also empowers businesses and budding entreprene­urs. The Free Zone offers a low-cost setup fee starting at Dh12,500 as well as a range of vibrant office spaces to choose from.

Dubai is a global trade hub and as per the Oberlo Global Survey, the Emirate is one of the top global cities for entreprene­urial success as of 2021. Being an ideal destinatio­n connecting the East and West, the city is diverse and offers business-friendly and technologi­cally advanced solutions to start-ups. Meydan Free Zone further eases the burden and reduces friction for entreprene­urs to start or grow their businesses by being operationa­l 24/7. Alongside this, the free zone abides by the recent advancemen­ts in laws offering entreprene­urs 100 per cent foreign ownership, capital repatriati­on with no restrictio­ns, tax exemptions and easy visa services for dependents.

Being 100 per cent digital, Meydan Free Zone offers business owners quick services through their portal. Some of the digital advancemen­ts include the Meydan Pay App, which is the first and only digital solution that exclusivel­y enables new businesses with Meydan Free Zone to get an instant and guaranteed IBAN with the license. Some of the additional services provided to all the businesses under Meydan Free Zone include tax and accounting, website developmen­t, phone an swering, mail management, digital marketing, legal support, and other administra­tive services. Apart from the overhead services, businesses are entitled to an owned or shared desk in The Meydan Hotel that overlooks the racecourse. The free zone extensivel­y supports start-ups and global businesses with access to exceptiona­l talent and entreprene­ur expertise to expand and grow business beyond borders.

With an aim to enhance business and lifestyles, unique opportunit­ies are provided to Meydan Free Zone businesses to network with the help of regular events that include interactio­n between members, new customers, and potential partners. These events are to enhance value creation and value capture for entreprene­urs.

Omar Khoory, Chief Assets Officer, Meydan, says, “Our vision for Meydan Free Zone is to further stimulate the economy by attracting more foreign direct investment into the UAE, as well as supporting start-ups and championin­g entreprene­urship locally. We are proud to play a key role in enhancing Dubai’s position as a leading hub for trade by attracting business owners who are committed to commercial growth and success.”

Meydan Free Zone supports 1,500 business activities across media, wholesale, retail and service and consultanc­y. All the businesses issued with Meydan Free zone operate under a Limited Liability Company License issued by the free zone (LLC-FZ), which means business owners have more freedom and flexibilit­y to operate within the UAE.

 ?? ??
 ?? ?? The Meydan Free Zone supports 1,500 business activities across several verticals including media, wholesale, retail and service and consultanc­y
The Meydan Free Zone supports 1,500 business activities across several verticals including media, wholesale, retail and service and consultanc­y

Newspapers in English

Newspapers from United Arab Emirates