License With – 0 Visa
Licence only · upgrade to visas anytime
AED 12,500
- Trade licence & registration
- Upgrade to visas anytime
- Company name reservation
- Flexi-desk / office options
- GoldenKey PRO support
FREE ZONE · DUBAI
Bank Account for a Meydan Free Zone Company
Dubai's entrepreneurial free zone at the iconic Meydan racecourse
5–7 daysSetup time100%OwnershipUp to 6 visasVisas
- 5–7 daysSetup time
- Free ZoneLicence type
- Flexi | PhysicalOffice / facility
- Up to 6 visasVisa eligibility
- StandardApprovals needed
- From AED 12,500Renewal cost
About Meydan Free Zone
Why Meydan Free Zone
As we tell every client, meydan Free Zone is Dubai's entrepreneurial free zone at the iconic Meydan racecourse, and it has become one of the most practical choices for founders who want a UAE licence without a large upfront budget. Day to day, meydan Free Zone combines Dubai address with the flexibility to add activities and visas later, which is why it suits both first-time founders and established groups. In our experience, meydan Free Zone issues commercial, professional and industrial licences from its base in Dubai, and GoldenKey processes new registrations there every week.
As we tell every client, one of the reasons we point clients to Meydan Free Zone is its Dubai address, which matters more than most founders realise once the business is running. In short, unlike some zones, Meydan Free Zone does not require a large paid-up capital to be blocked in a bank account before the licence is granted. Just as important, office options in Meydan Free Zone range from virtual office, flexi-desk or office suite, so you only pay for the space your visa quota actually needs.
Packages & cost
Pricing — choose the right package for your business
Just as important, the figures below for opening a bank account for a company in Meydan Free Zone are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one. Use the table below to compare packages for opening a bank account for a company in Meydan Free Zone; we will confirm the exact total for your case in a written quotation.
License – 1 Visa Quota
1 residence visa · 1-year licence
AED 14,350
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
License – 2 Visa Quota
2 residence visas · 1-year licence
AED 16,200
- Trade licence & registration
- Establishment card included
- 2 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License – 3 Visa Quota
3 residence visas · 1-year licence
AED 18,050
- Trade licence & registration
- Establishment card included
- 3 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License – 4 Visa Quota
4 residence visas · 1-year licence
AED 19,900
- Trade licence & registration
- Establishment card included
- 4 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License – 5 Visa Quota
5 residence visas · 1-year licence
AED 21,750
- Trade licence & registration
- Establishment card included
- 5 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License – 6 Visa Quota
6 residence visas · 1-year licence
AED 23,600
- Trade licence & registration
- Establishment card included
- 6 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-28.
Business activities
Explore 2,189 business activities in Meydan Free Zone
Meydan Free Zone lets you combine related activities on one licence. Search by what your business does — in English or Arabic — and quote the GK code when you ask for a quotation.
Trading657Professional316Administrative249ICT164HealthCare134Transportation128Art124Services110Education105Financial94Manufacturing47F&B,Rentals46Realestate6Waste collection3Maintenance3Agriculture2Sewerage1
GK-MFZ-001Animal productionAgricultureGK-MFZ-002Raising of horses and other equinesAgricultureGK-MFZ-003Manufacture of wearing apparel, except fur apparelManufacturingApproval requiredGK-MFZ-004Arabic Men Wears TailoringManufacturingGK-MFZ-005Men TailoringManufacturingGK-MFZ-006Arabic Gowns TailoringManufacturingPopular choices · 2,189 activities availableAll 2,189 Meydan Free Zone activities
Required documents
Documents required
Gather these documents and GoldenKey will take care of the rest of opening a bank account for a company in Meydan Free Zone.
Scanned colour copies are enough to start. We check every item before anything is submitted.
For individuals
- A passport-size photograph on a white background
- A clear passport copy for each shareholder and manager, valid for at least six months
- A short business plan or activity description for certain professional activitiesif applicable
- A no-objection certificate from your employer if you hold a UAE employment visaif applicable
- The UAE entry stamp or visa page if you are already in the countryif applicable
- Your current residence visa and Emirates ID copy if you are a UAE residentif applicable
For companies
- Certificate of incorporation (attested)
- Memorandum & articles of association
- Board resolution approving the UAE company
- Passport copies of shareholders & directors
- Company profile / business plan
Our process
How Meydan Free Zone works with GoldenKey
- 1
Consultation and activity selection
In the first call we check that Meydan Free Zone lists your activity, settle the licence type and match the visa package and office to what you actually need. We keep a written record of this step so your file for opening a bank account for a company in Meydan Free Zone is audit-ready.
- 2
Name reservation and initial approval
In practice, your trade name is reserved with the Meydan Free Zone authority and initial approval is obtained; this stage rarely takes more than two working days (Monday to Friday).
- 3
Document submission and payment
You sign the application forms and memorandum, we submit the attested documents and the licence fee is paid to the registrar. If the authority raises a query on opening a bank account for a company in Meydan Free Zone at this stage, we handle it the same day.
- 4
Licence issued and next steps
In short, once the Meydan Free Zone licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting.
Frequently asked questions
Frequently asked questions
Straight answers about Meydan Free Zone. Anything else — ask GK AI or message us.
View all FAQsDo I need to visit the UAE to set up in Meydan Free Zone?
Most Meydan Free Zone licences can be issued remotely with scanned paperwork and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your residence visa is processed.
How long does the Meydan Free Zone licence take?
Once your paperwork are complete, the authority typically issues the licence within 5 working days. Visas and bank account opening follow afterwards.
How many visas can I get with a Meydan Free Zone licence?
Visa quota is tied to the package and office you choose. Meydan Free Zone packages typically start from a zero-visa option and scale to five or more visas with a physical office, and additional visas can be added later for the per-visa fee shown in our pricing.
Can a Meydan Free Zone company do business on the UAE mainland?
A Meydan Free Zone company can sell to mainland customers through a mainland distributor, invoice services to mainland clients in most cases, and apply for a dual-licence arrangement where the emirate offers one. Direct retail or on-site contracting on the mainland needs a mainland licence.
Can I open a UAE bank account with a Meydan Free Zone company?
Yes, Meydan Free Zone companies open accounts with UAE banks every day. Approval depends on the bank's compliance review of your profile, business plan and documents, and GoldenKey prepares the file and introduces you to a suitable bank.
Get a free quote
Ready to start your business in Meydan Free Zone?
Day to day, message GoldenKey now and we will prepare a personalised quotation for opening a bank account for a company in Meydan Free Zone, valid for 30 days and confirmed in writing.
Good to know
More about Meydan Free Zone
Which banks accept Meydan Free Zone companies
As we tell every client, most UAE banks open accounts for Meydan Free Zone companies, but each has its own appetite for activities, nationalities and expected turnover. GoldenKey shortlists two or three banks that fit your profile rather than applying everywhere at once.
If the first bank declines
A decline from one bank does not affect another. We ask for the reason, adjust the profile if needed and apply to a better-matched bank; Meydan Free Zone companies are routinely approved on the second attempt when the first choice was simply the wrong fit.
Why the UAE
Put simply, the dirham has been pegged to the US dollar since 1997, which removes currency risk for opening a bank account for a company in Meydan Free Zone and makes international pricing simple. There are no restrictions on repatriating profits or capital, so earnings from opening a bank account for a company in Meydan Free Zone can be moved to your home country or reinvested freely.
Why GoldenKey
On the ground, if a document is missing or an approval is delayed on your Meydan Free Zone file, we tell you immediately and explain the fix, rather than letting the application sit. Put simply, every Meydan Free Zone package we quote already includes the licence, registration, the establishment card where applicable and our full assistance, with no hidden add-ons at the end. On the ground, after your Meydan Free Zone licence is granted, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice.
