MAYDAN FREEZONE IN DUBAI
The Meydan Freezone in Dubai is a visionary initiative spearheaded by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai. Its overarching goal is to establish a forward-thinking strategy for the future.
Advantages of the Meydan Freezone include:
- Complete foreign ownership rights.
- Full repatriation of both capital and profits.
- Absence of corporate or personal income taxes.
- Elimination of import and re-export duties.
- No mandatory minimum paid-up capital.
- Swift issuance of company documents within a day post-security and government approvals.
- Exemption from annual audit report requirements.
- Access to 24/7 office facilities.
- Exclusive benefits encompassing food and beverage amenities like the fully equipped Business Centre and opulent accommodations at the 5-star Meydan Hotel.
- Seamless establishment of bank accounts.
- A diverse array of over 1500 business activities to select from.