The Meydan Freezone and the founding of About Business Rocket

Meydan Freezone, one of the newest and most dynamic free zones in Dubai, has quickly become an attractive location for businesses from around the world. This free zone offers numerous benefits, including tax incentives, 100% foreign ownership and a strategic location that facilitates access to global markets. In this in-depth article, we will explore the benefits of the Meydan Freezone and explain the steps to setting up a business through Business Rocket.

Advantages of the Meydan Freezone

Tax benefitsOne of the biggest attractions of the Meydan Freezone is its tax-free status. Companies based here benefit from no corporation tax, no income tax and no VAT on certain transactions within the zone.

100% Foreign ownershipUnlike many other areas in the UAE that require local participation, the Meydan Freezone allows foreign investors full ownership of their businesses. This is a significant advantage for international entrepreneurs who wish to control their business activities.

Strategic locationMeydan Freezone is located in one of Dubai's fastest growing business districts, close to the international airport and major trade routes. This position facilitates access to markets in Asia, Europe and Africa.

Infrastructure and servicesThe zone offers a first-class infrastructure with modern office complexes, warehouses and luxurious residential complexes. In addition, they offer a comprehensive range of services, from legal advice and accounting to IT support, which makes everyday life much easier for companies.

Founding a company via Business Rocket

Step 1: Business idea and planning

It is important to have a clear business idea before embarking on a start-up. Business Rocket helps you develop a comprehensive business plan that includes market analysis, target group identification and financial forecasts.

Step 2: Choose legal form

Supported by Business Rocket, you can decide whether a Free Zone Establishment (FZE), a Free Zone Company (FZC) or a Branch is the best form for your company. Each of these forms has specific advantages and requirements.

Step 3: Name registration

The name of the company must be registered. Business Rocket helps to ensure that the chosen name complies with the Meydan Freezone guidelines and is free from legal obstacles.

Step 4: License and office space

An essential step is obtaining a business license, which can vary depending on the business activity. Business Rocket navigates you through the licensing process and helps you select and lease the right office space.

Step 5: Documentation and approvals

Preparing and submitting all the necessary documents is often complicated. Business Rocket takes care of the documentation, ensures that all forms are filled out correctly and that all approvals are submitted.

Step 6: Bank account and Visa

After licensing, opening a company bank account and applying for visas for employees and owners is crucial. Business Rocket has relationships with local banks and facilitates this process, including visa applications for owners and employees.

Step 7: Post-foundation

Once established, Business Rocket provides support in the form of advice on day-to-day business operations, accounting, and compliance with local laws. This ensures that the company not only starts, but also grows successfully.

Setting up a company in the Meydan Freezone through Business Rocket offers a sophisticated and efficient way to gain a foothold in Dubai. The combination of the economic benefits of the Freezone and the professional service of Business Rocket makes company formation a less complex and low-risk endeavor.

For entrepreneurs planning international expansion or looking to test a new business model in a global environment, the Meydan Freezone is an ideal starting point, reinforced by the expertise of Business Rocket. The future looks not only promising for companies starting here, but also with many opportunities for expansion and innovation.

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