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Meydan Free Zone Company Formation for South Koreans

Guide for South Korean founders · around 9.5 hours from Seoul

from AED 12,500AED 11,250Save 10%

Meydan Free Zone combines Dubai address with the flexibility to add activities and visas later, so it suits both first-time business owners and established groups. Just as important, 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 company owners who want a UAE licence without a large upfront budget. Importantly, for South Korean entrepreneurs, the UAE is around 9.5 hours from Seoul, 5 hours ahead of the UAE, and English is the working language. GoldenKey has South Korean customers from Seoul, Busan and Incheon, and our consultants understand the paperwork released in South Korea and how to attest them for the UAE.

Why Meydan Free Zone

Meydan Free Zone is located in Meydan, Dubai — 10 minutes from DIFC and Downtown Dubai, and the authority's processing time for a standard file is around 5 working days. Meydan Free Zone licences are renewed annually with a simple online payment and updated passport copies, and GoldenKey sends a reminder 60 days before the due date. In practice, south Korean applicants benefit from the fact that Meydan Free Zone already has many South Korean shareholders on its register, so its officers recognise South Korea documents and name formats instantly.

How Meydan Free Zone works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    Importantly, we confirm that your activity is available in Meydan Free Zone, choose the licence type and agree the visa package and office option that match your plan. For Meydan Free Zone company formation for South Koreans, GoldenKey completes this stage with you on WhatsApp or by email.

  2. Step 2: Name reservation and initial approval
    Step 2

    Name reservation and initial approval

    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. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    In short, you sign the application and memorandum, we file the attested paperwork with Meydan Free Zone and the authority's licence fee is paid. For Meydan Free Zone company formation for South Koreans this step rarely needs your presence; scans and e-signatures are enough.

  4. Step 4: Licence issued and next steps
    Step 4

    Licence issued and next steps

    Your Meydan Free Zone licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction.

Documents required

Day to day, the document list for Meydan Free Zone company formation for South Koreans is short, and most customers already have everything on it.

  • Educational certificates attested by the South Korea authorities and the UAE embassy, for professional activities
  • A passport-size photograph on a white background
  • A passport issued by South Korea with at least six months' validity
  • Attested parent-company documents and a board resolution if the shareholder is a company
  • Your current residency visa and Emirates ID copy if you are a UAE resident
  • A bank statement from your South Korea bank for the last three months, which banks use to understand your profile

Pricing

Pricing for Meydan Free Zone company formation for South Koreans depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. Use the table below to compare packages for Meydan Free Zone company formation for South Koreans; we will confirm the exact total for your case in a written quotation.

License with – 0 VisaSave 10%
AED 12,500AED 11,250
0 residence visas · 1-year licence
  • Trade licence & registration
  • Upgrade to visas anytime
  • GoldenKey full assistance
Get this package
License – 2 Visa QuotaSave 10%
AED 16,200AED 14,580
2 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
License – 3 Visa QuotaSave 10%
AED 18,050AED 16,245
3 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
License – 4 Visa QuotaSave 10%
AED 19,900AED 17,910
4 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
License – 5 Visa QuotaSave 10%
AED 21,750AED 19,575
5 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package
License – 6 Visa QuotaSave 10%
AED 23,600AED 21,240
6 residence visas · 1-year licence
  • Trade licence & registration
  • Establishment card included
  • GoldenKey full assistance
Get this package

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.

Why the UAE

Just as important, the dirham has been pegged to the US dollar since 1997, which removes currency risk for Meydan Free Zone company formation for South Koreans and makes international pricing simple. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so Meydan Free Zone company formation for South Koreans no longer requires a local partner.

Why GoldenKey

Most of our Meydan Free Zone customers come to us through referrals from other founders, and for that reason we take pride in keeping every promise we put in writing. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for Meydan Free Zone company formation for South Koreans happen the same day they are ready. Day to day, our quotations for Meydan Free Zone company formation for South Koreans list every government fee and our service fee on one page, in writing, before you pay anything.

Tell us about your plans for Meydan Free Zone company formation for South Koreans and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.

Frequently asked questions

How long does the Meydan Free Zone licence take?

Once your documents are complete, the authority as a rule issues the licence within 5 working days. Visas and bank account opening follow afterwards.

What is the difference between an FZE and an FZCO in Meydan Free Zone?

An FZE has one shareholder and an FZCO has two or more. Both offer limited liability and 100% foreign ownership, and the fees in Meydan Free Zone are generally the same.

Do I need to visit the UAE to set up in Meydan Free Zone?

Most Meydan Free Zone licences can be granted 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.

Do South Koreans need a UAE visa before applying for Meydan Free Zone?

No, it does not. You can apply for the licence from South Korea with scanned documents, and the investor residence visa is handled afterwards.

Is there a double taxation agreement between South Korea and the UAE?

It can. The UAE and South Korea have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.

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