Meydan Free Zone (MFZ) is a free trade zone located in Dubai, United Arab Emirates. It was established in 2009 to create a business-friendly environment for companies operating in the technology, media, and creative sectors. It is a specialized free zone that aims to attract international companies in the technology, media, and creative fields. The free zone offers a range of services for businesses, including tax exemptions, streamlined business processes, and access to a large pool of talent. Companies operating in MFZ have access to a wide range of infrastructure and facilities, including office spaces, co-working spaces, data centers, and a business incubator. The free zone is located in the Meydan City development, which is a large-scale master-planned community that includes residential, commercial, and sports facilities.
Why MFZ?
1. Tax exemptions: Companies registered in Meydan Free Zone are exempt from corporate and personal income taxes.
2. 100% foreign ownership: Meydan Free Zone allows for 100% foreign ownership of companies, with no requirement for a local sponsor.
3. Strategic location: MFZ is located in Dubai, providing easy access to regional and global markets through its ports and airports.
4. Deregulated environment: MFZ offers a relaxed regulatory environment, making it easier to start and run a business.
5. World-class infrastructure: MFZ provides state-of-the-art facilities, including office spaces and commercial real estate.
6. Streamlined processes: Setting up a company in Meydan Free Zone involves streamlined processes, making it faster and easier to get started.
7. Access to a thriving business community: MFZ is part of a thriving business community in Dubai, providing companies with access to a diverse talent pool and supportive ecosystem.
8. Innovation and sustainability focus: MFZ is focused on promoting innovation and sustainability, providing a supportive environment for companies looking to drive positive change.