Set up Media Company in Meydan Free Zone

Form your business in Meydan Free Zone, Dubai through A-Z Consultancy. We assist clients to setup Meydan specialized commercial company. You can set up Meydan consulting company or Meydan Media Company without share capital.

We will guide you through the company registration process and finally obtain Meydan license for you.

Why Meydan Free Zone

  • Least expensive free zone in Dubai.

  • Ideal for freelancers and small businesses.

  • No requirement to prepare financial statements or to have the accounts audited.

  • No requirement to deposit capital.

  • Offshore companies cannot hold shares in these companies.

  • Currently only flexi desks are available. Dedicated offices are expected to be available in 2015.

  • The companies have a board of directors in addition to a manager.

Developed around the prestigious Dubai Racecourse near downtown Dubai Meydan free zone offers   the least expensive option to get set up in Dubai.  The centrally located Meydan Free Zone offers a prime location and easy incorporation.

meydan

The project is the culmination of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai vision to create not just a venue for horse racing, but an integrated city that is sustainable, environmentally responsible and one that positions Dubai at the center of the competitive global business stage.

Meydan Group aims to link the world with the Emirate of Dubai through international horse racing and equestrian events, a range of commercial developments, hospitality, sports, entertainment and amusement services, a series of state-of-the-art business parks, residential villa communities, schools, hospitals, business towers with luxury waterfront developments and shopping destinations.

License Type – Meydan Free Zone

Meydan Free Zone (FZ) offers a choice between operating under a commercial, consultancy or media license. General trade license is not available.

1. Commercial license
2. Consulting license
3. Media license

* Note that dependent on the type of activity additional approvals by government departments may be required.

Government Fees

The company formation fee is AED 27,000. This includes the company registration charges, first year’s license fee, certificate of incorporation, memorandum and articles of association (also if the company only has one shareholder).

In addition, a desk in the free zone needs to be leased for each visa required (a minimum of 1 desk needs to be leased). The annual fee for leasing a desk is AED 6,000. The desk is shared and can be used 4 hours a week. The company needs to open a file with the immigration department. Fee is AED 500 upon which an establishment card is issued.

The total 1st year’s fee is AED 33,650.

The annual fee for renewal of the trade license is AED 15,000. Together with the admin desk lease, and the annual renewal of the establishment card, the total annual charges are AED 21,500.

How to proceed with Meydan company setup

  • Decide on activity, structure and names for the company. If you need help contact us.

A to Z Consultancy

RAK Office: RAK FTZ, BC 6 Business Park, 01C

Dubai: Fairmont offices, office 723
Sheikh Zayed Road, Dubai, UAE

Alexandra Bogdanovic

Mobile:+ 971-50-425 1572

Office: +971-7-2076737 | Fax: +971-7-2076738

E-mail:
office@a-zconsultancy.com
alex@a-zconsultancy.com