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A maximum of 50 shareholders are allowed on a license.

A maximum of 4 directors are allowed on a license.

A maximum of 50 corporate shareholders are allowed on a license.

  • Company Documentation of parent company (Certificate of Incorporation, Certificate of Incumbency, Memorandum and Articles of Association, Board Resolution, etc.)
  • Passport copies of owners and managers
  • Board Resolution indicating it has been resolved to open a branch office in “Meydan – Free Zone Authority” – original required signed and stamped (contact us for a draft of the same).
  • When a shareholder is a company entity, the Board Resolution should state the following as an example – “XYZ Company to take a 50% stake in new company ABC LLC to be formed in “Meydan – Free Zone Authority” – original required signed and stamped (contact us for a draft of the same).
  • The Board Resolution should also include the appointed Manager(s)/Shareholder(s)/Director(s) of the branch or new LLC .

These documents are not required to be attested at the time of formation, however, it will be required in due course of time.

Yes, you can get a license with a zero-visa at Meydan Free Zone, which includes a Lease Agreement, LLC-FZ Trade License that has three business activities included.

Physical presence is not required to setup a company.

No paid–up share capital is required

You can incorporate the company with 3 activities without any additional charge

The cost of additional activities is 1000 AED per activity. Approvals are required only for regulated activities.

The employment visa does not require a deposit, but the dependent visa does

There is no minimum and no maximum age.

Shareholders will receive investor visas, and employees can obtain labor visas, both valid for two years

Licensees can choose the license validity during incorporation

There is no limit to the number of managers that can be employed.

Meydan – Free Zone, Al Meydan Road, PO Box 35195, Dubai, UAE.

No, Chamber of Commerce certificate will not be issued.

  • Certificate of Formation
  • Share Registry
  • Business license
  • Lease Agreement
  • Memorandum Of Association

Yes, you can submit the MOA, however our legal team will review the document which will incur additional charges and timelines.

A license will be issued within one day of completing the formalities

Yes, you can hold a property under your company.

Yes, you can apply for visa if you have the visa allocation.

 

Yes, you can upgrade your license with no amendment fee.

You can downgrade within visa packages but not between visa and non–visa package

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