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Frequently Asked Questions

1. Why is Dubai considered one of the best cities for global entrepreneurs?

Dubai combines a 0% corporate tax rate, 100% foreign ownership, world-class infrastructure, and direct access to global trade routes. It has ranked in the top five best cities for entrepreneurs since 2020 and broke into the world’s top 30 most innovative countries in WIPO’s Global Innovation Index 2025.

2. What makes Meydan Free Zone different from other free zones in Dubai?

Meydan Free Zone is the only 24/7 fully digital free zone in Dubai, offering licence issuance in 60 minutes via Fawri, an instant IBAN through Meydan Pay, 2,500+ business activities, and pay-as-you-need visa allocation. Founders avoid upfront over-purchase and only pay for what they actually use.

3. How quickly can a global entrepreneur set up a business at Meydan Free Zone?

A new business can be licensed at Meydan Free Zone in as little as 60 minutes through the Fawri service. The Regular licence typically takes 1–3 working days. The entire process runs through a secure digital portal, with no paperwork or in-person visits required.

4. Do I need to be a UAE resident to set up at Meydan Free Zone?

No. Non-residents can apply for a Meydan Free Zone licence and access non-resident banking without relocating or visiting the UAE. This is particularly useful for global entrepreneurs testing a UAE base before committing to a residence visa or full relocation.

5. How does Meydan Free Zone handle banking for new companies?

Meydan Pay provides an instant IBAN so new businesses can send and receive payments in the UAE straight away. Beyond that, Meydan supports founders through guaranteed UAE bank account assistance with over 26 local and international banks and fintech partners.

6. What support is available beyond the trade licence?

Meydan Plus provides ongoing support including phone answering, medical and Emirates ID assistance, residency services, accounting, and business support. Founders can run a fully operational business from one portal, with services added only when they’re needed rather than bundled upfront.

7. Why is the UAE attracting so many global entrepreneurs right now?

The UAE retained its position as the world’s leading wealth magnet in 2025, with a record projected net inflow of 9,800 relocating millionaires, ahead of the US in second place. The combination of tax efficiency, regulatory stability, and a fully built-out business ecosystem keeps the demand growing.

Topic Summary

1. Strategic Location with Global Connectivity

Situated in Dubai, one of the world’s foremost business hubs, Meydan Free Zone offers unparalleled access to international markets. Its proximity to key transport links, including Dubai International Airport and Jebel Ali Port, facilitates seamless global trade and business travel, providing entrepreneurs with a strategic advantage.

2. World-Class Business Infrastructure

Meydan Free Zone boasts state-of-the-art office spaces and innovative business facilities designed to support start-ups and established enterprises alike. With high-speed internet, modern coworking environments, and customised office solutions, entrepreneurs have the optimal infrastructure to develop and expand their ventures efficiently.

3. Flexible Business Set-up Options

Offering a broad spectrum of licensing and company formation packages, Meydan Free Zone caters to diverse business activities, from e-commerce to consultancy. Its streamlined registration processes and competitive cost structures allow entrepreneurs to establish their companies swiftly, facilitating faster time-to-market.

4. Access to a Thriving Entrepreneurial Ecosystem

By fostering a vibrant community of innovators, investors, and business professionals, Meydan Free Zone provides entrepreneurs with valuable networking opportunities. Collaborative events, mentorship programmes, and industry workshops enable knowledge sharing and partnership formation, enhancing business growth prospects.

5. Robust Regulatory Framework and Incentives

Operating within a secure and transparent legal environment, Meydan Free Zone ensures compliance with international standards. Additionally, benefits such as 100% foreign ownership, zero personal and corporate taxes, and full repatriation of profits offer compelling incentives that significantly bolster the competitiveness of businesses established here.

How Meydan Free Zone Gives Global Entrepreneurs a Competitive Edge

Meydan Free Zone is a world-class hub for entrepreneurship and innovation in the UAE. As the world opens up once more, entrepreneurs and start-ups have increasing flexibility and wider scope to find the right location and business infrastructure to nurture their entrepreneurial ventures.

There’s a world of possibilities out there, from ‘digital nomad visas’ to remote free zones offering e-citizenships, and the promise of easier ways to do business.

The signal from global rankings is clear. The UAE broke into the world’s top 30 most innovative countries for the first time in WIPO’s Global Innovation Index 2025, ranking 3rd in the Northern Africa and Western Asia region behind Israel and Cyprus¹.

The talent backs it up: the UAE retained its position as the world’s leading wealth magnet in 2025, with a record projected net inflow of 9,800 relocating millionaires, more than 2,000 ahead of the US in second place². For founders weighing where to base a global business, the gravitational pull is no longer theoretical.

There’s a world of possibilities out there, from ‘digital nomad visas’ to remote free zones offering e-citizenships, and the promise of easier ways to do business. With so many nations vying for the best global talent, it’s important for the region to stand out in a competitive market.

That’s why the UAE’s Strategy for Talent Attraction and Retention sets out clear goals for attracting global talent to the region, making it a preferred destination for living and working. In addition, the UAE is ranked first in the region on the Global Innovation Index, confirming it as one of the world’s most innovative countries.

Alongside global competition for talent, businesses are also facing the challenge of bringing people back to the office, as new ways of working and technologies present more flexible opportunities for remote and hybrid working. This is creating a drive for further initiatives to attract entrepreneurs and employees alike back to the workplace.

The competitive edge is not a marketing claim — it is the verdict of capital flows from over 180 countries, year after year.

Source: Dubai Department of Economy and Tourism / Dubai Media Office, via Financial Times fDi Markets data (Mar 2025)

Alongside global competition for talent, businesses are also facing the challenge of bringing people back to the office, as new ways of working and technologies present more flexible opportunities for remote and hybrid working. This is creating a drive for further initiatives to attract entrepreneurs and employees alike back to the workplace.

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Why Dubai?

Many cities around the globe can claim a variety of selling points to entice entrepreneurs to relocate there, but few can match Dubai in terms of innovation and wealth. Since 2020 Dubai has been ranked in the top five best cities for entrepreneurs – and with good reason. Alongside its advantageous geographic location and unparalleled access to multiple trade markets, it is of course a regional epicentre for trade, finance, and e-commerce.

Last year, the newly formed board of Dubai Chamber of Digital Economy announced that the board has adopted a new roadmap which aims to accelerate the growth of Dubai’s digital economy, doubling the number of digital companies operating in the emirate in the coming years. In addition, recent changes to the rules regarding foreign ownerships of business mean there is no longer a requirement for commercial companies to have a major Emirati shareholder – foreigners can now have 100% ownership of their business.

Alongside these advantages, Dubai is also tax-friendly, with corporate tax currently at 0%. Couple that with its extensive range of corporate services, which can handle all the necessary governmental formalities and paperwork, and the city becomes an attractive proposition for entrepreneurs and start-ups looking for a simpler, cost-effective way to launch or scale their business.

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Entrepreneurial ecosystem

Whilst working remotely from a tropical island might seem appealing in theory, when you’re starting a business or looking to grow one, whether it’s digital or non-digital, the fact of the matter is you need the surrounding business infrastructure to make it work. Being able to tap into an existing and established entrepreneurial ecosystem can make the difference between success and failure.

Located in the heart of Dubai, Meydan Free Zone aims to give entrepreneurs and business owners credibility and a competitive edge. It offers an extensive range of business support services, a vibrant and world-class community, and unrivalled networking opportunities.

Meydan Free Zone is designed to make doing business easy, efficient, and cost-effective. As the only 24/7 fully digital free zone, it’s a truly paperless environment, with all trade licences and payments made through a secure customer portal.

Based in the luxurious Meydan Hotel, with views over the famous racecourse, it offers a premium, yet affordable, business address with enviable lifestyle opportunities on the doorstep. Surrounded by the wider Meydan community – which includes schools, clinics, restaurants, parks, houses, and apartments – it’s in a prime location where people can work, play, and live.

For creative minds establishing or expanding a business, the Meydan Free Zone ecosystem brings together a wide range of support, including:

  • Over 2,500 business activities, with Meydan handling any third-party approvals on the founder’s behalf
  • Quick and simple incorporation with hassle-free company bank accounts
  • Meydan Pay — an instant IBAN that enables businesses to send and receive payments in the UAE straight away
  • Pay-as-you-need licensing — founders pay only for the visas and upgrades they actually require, with no upfront over-purchase
  • Simple payment plans through partnerships with leading banks
  • 100% exclusion on corporate and personal tax plus full repatriation of profits and financial assets
  • A complete suite of business services through Meydan Plus, including phone answering, medical, and Emirates ID assistance

Does it get any better? Of course! Meydan Free Zone can get you set up in just 60 minutes via Fawri license.

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Meydan Free Zone vs Typical Free Zone: A Founder’s Snapshot

Factor Meydan Free Zone Typical Free Zone
Setup speed From 60 minutes via Fawri; Regular in 1–3 days. 3–7 working days, often longer.
Bank account Instant IBAN via Meydan Pay; guaranteed UAE bank account assistance. Manual application; outcome uncertain.
Visa flexibility Pay-as-you-need: 0–6 visas based on actual need. Fixed visa packages bundled upfront.
Business activities 2,500+ activities; up to 3 groups under one licence. Narrower lists; extra fees for additional activities.
Third-party approvals Handled by Meydan on the founder’s behalf. Founder coordinates with regulators directly.
Ownership 100% foreign ownership. 100% foreign ownership.
Tax position 0% corporate and personal tax; full profit repatriation. Comparable, but rules vary by zone.
Operating environment 24/7 fully digital, paperless, single secure portal. Mixed digital and manual processes.

International appeal

Meydan Free Zone has a joint vision: to make entrepreneurship accessible and inspire business growth; and to foster a vibrant and connected ecosystem for entrepreneurs and innovators to create, grow, and lead.

With this in mind, it’s easy to see the appeal of the Meydan Free Zone to foreign investment and talent – an enabling business environment coupled with luxurious lifestyle opportunities make it an ideal destination for the global entrepreneur.

With 100% foreign ownership and a guaranteed digital bank account, companies based in Meydan Free Zone are part of a thriving, centrally located economic community in a strategically positioned economic hub. Meydan Free Zone is an economic-rich free zone in Dubai.

Set in a strategic location near Mohammed Bin Rashid Al Maktoum City, with proximity to the Dubai Logistics Corridor, the free zone offers an end-to-end digital platform where its customers can benefit from incorporating licenses with 1,500 mixed-use business activities with an instant digital IBAN, visa applications, and other ancillary services, allowing companies to become a part of a thriving, strategically positioned economic hub.

Meydan Free Zone is a wholesome community where customers are offered a safe place to live and call home, a world-class infrastructure from where they can work, and a community that can rejuvenate at play.

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Citations

¹ World Intellectual Property Organization. Global Innovation Index 2025: GII 2025 Results. WIPO, 2025.

² Henley and Partners. Henley Private Wealth Migration Report 2025: Press Release. Henley and Partners, 2025.

³ Dubai Department of Economy and Tourism. Dubai FDI Annual Results & Rankings 2024 Highlights Report. Government of Dubai, 2025.

Entrepreneurs who succeed in Dubai are infrastructure-first thinkers. They leverage the world-class ecosystem for speed and scalability. Those who see setup as the destination miss the real advantage.

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