Latest news with #MeydanFreeZone
Business Upturn
13-06-2025
- Business
- Business Upturn
Meydan Free Zone Leads Compliance Innovation with Smooth Digital Setup Model
Meydan Free Zone launches a fully digital compliance system aligned with UAE and global standards, offering fast approvals, real-time tracking, and risk-based profiling to help entrepreneurs stay audit-ready, meet regulatory demands, and grow efficiently in one of the world's most scrutinized business environments. Photo Courtesy of Meydan Free Zone DUBAI, United Arab Emirates, June 12, 2025 (GLOBE NEWSWIRE) — In a city recognized for e-government innovation, Meydan Free Zone is setting a new benchmark for digital business formation, unveiling a fully online setup experience that puts trust and transparency at the core of every step. Responding to the rising demand for regulatory accuracy, speed, and clarity, Meydan Free Zone has engineered a five-step, technology-enabled setup process. The system eliminates delays and errors, equipping founders with the tools and confidence needed to scale in one of the world's fastest-moving markets. 'Founders don't just want to move fast—they want to be trusted by banks, regulators, and partners from day one,' said Mohammad Bin Humaidan Al Falasi, Director of Free Zone Licensing at Meydan Free Zone. 'Our platform delivers that trust through technology, automation, and compliance built into every step.' A Fully Digital, Error-Free Setup Journey The Meydan Free Zone experience begins with guided business activity selection, ensuring each company aligns with UAE licensing and banking standards. Entrepreneurs receive legal structure and naming support, and built-in screening protocols prevent delays caused by inconsistencies or regulatory red flags. All submitted documents are subjected to compliance-grade checks, with digital workflows verifying the source of wealth, shareholder structures, and KYC data in accordance with FATF and UAE regulations. Once approvals are secured, trade licenses can be issued in as little as 60 minutes. A key advantage is Meydan's support for corporate bank account opening—a common challenge for new businesses. The platform provides banks with World Check screenings, verified KYC data, and clear shareholder structures, ensuring high approval rates and minimizing delays due to missing or misaligned information. Technology-Driven Transparency and Regulatory Alignment Meydan Free Zone integrates directly with Dubai's Live Compliance Dashboard, enabling real-time document validation and regulatory tracking. The entire setup process is remote, using e-signatures, AI chat assistance, and a blockchain-secured portal to provide full transparency and data integrity. The platform's enhanced compliance engine, launched earlier this year, automates source-of-funds verification, risk profiling, and ongoing due diligence, all aligned with UAE Federal Law and FATF standards. This ensures every business is prepared to meet the city's rigorous regulatory expectations from day one. Recognized as a qualified free zone under the UAE corporate tax framework, Meydan Free Zone offers eligible businesses 0% corporate tax on qualifying income, with registration and filing requirements smoothly integrated into the setup journey. With over 33,000 regulatory inspections conducted in Q1 2023 across the UAE, staying compliant from inception is essential. Meydan's structured digital workflow eliminates setup errors, streamlines government approvals, and ensures that all regulatory documents are aligned with bank and partner requirements, providing entrepreneurs with a clear, easy path from concept to operational launch. Setting the Gold Standard for Modern Business Formation Meydan Free Zone's dedication to a simple, secure, and fully digital setup positions it as a cornerstone of Dubai's future-forward business environment. The platform features UAE Pass connection, ISO-certified data protection, guaranteed bank account access, and real-time regulatory alignment.. About Meydan Free Zone Meydan Free Zone is one of Dubai's most future-focused business hubs. It offers a fully digital setup experience, comprehensive compliance support, and access to over 2,500 business activities. Built for speed, transparency, and simplicity, Meydan empowers entrepreneurs to scale confidently from Dubai to the world. Contact Information: Contact Person's Name: Anisha Sagar Organization / Company: Meydan Free Zone Company website: Contact Email Address: [email protected] A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
12-06-2025
- Business
- Yahoo
Meydan Free Zone Leads Compliance Innovation with Smooth Digital Setup Model
Meydan Free Zone launches a fully digital compliance system aligned with UAE and global standards, offering fast approvals, real-time tracking, and risk-based profiling to help entrepreneurs stay audit-ready, meet regulatory demands, and grow efficiently in one of the world's most scrutinized business Courtesy of Meydan Free Zone DUBAI, United Arab Emirates, June 12, 2025 (GLOBE NEWSWIRE) -- In a city recognized for e-government innovation, Meydan Free Zone is setting a new benchmark for digital business formation, unveiling a fully online setup experience that puts trust and transparency at the core of every step. Responding to the rising demand for regulatory accuracy, speed, and clarity, Meydan Free Zone has engineered a five-step, technology-enabled setup process. The system eliminates delays and errors, equipping founders with the tools and confidence needed to scale in one of the world's fastest-moving markets. 'Founders don't just want to move fast—they want to be trusted by banks, regulators, and partners from day one,' said Mohammad Bin Humaidan Al Falasi, Director of Free Zone Licensing at Meydan Free Zone. 'Our platform delivers that trust through technology, automation, and compliance built into every step.' A Fully Digital, Error-Free Setup Journey The Meydan Free Zone experience begins with guided business activity selection, ensuring each company aligns with UAE licensing and banking standards. Entrepreneurs receive legal structure and naming support, and built-in screening protocols prevent delays caused by inconsistencies or regulatory red flags. All submitted documents are subjected to compliance-grade checks, with digital workflows verifying the source of wealth, shareholder structures, and KYC data in accordance with FATF and UAE regulations. Once approvals are secured, trade licenses can be issued in as little as 60 minutes. A key advantage is Meydan's support for corporate bank account opening—a common challenge for new businesses. The platform provides banks with World Check screenings, verified KYC data, and clear shareholder structures, ensuring high approval rates and minimizing delays due to missing or misaligned information. Technology-Driven Transparency and Regulatory Alignment Meydan Free Zone integrates directly with Dubai's Live Compliance Dashboard, enabling real-time document validation and regulatory tracking. The entire setup process is remote, using e-signatures, AI chat assistance, and a blockchain-secured portal to provide full transparency and data integrity. The platform's enhanced compliance engine, launched earlier this year, automates source-of-funds verification, risk profiling, and ongoing due diligence, all aligned with UAE Federal Law and FATF standards. This ensures every business is prepared to meet the city's rigorous regulatory expectations from day one. Recognized as a qualified free zone under the UAE corporate tax framework, Meydan Free Zone offers eligible businesses 0% corporate tax on qualifying income, with registration and filing requirements smoothly integrated into the setup journey. With over 33,000 regulatory inspections conducted in Q1 2023 across the UAE, staying compliant from inception is essential. Meydan's structured digital workflow eliminates setup errors, streamlines government approvals, and ensures that all regulatory documents are aligned with bank and partner requirements, providing entrepreneurs with a clear, easy path from concept to operational launch. Setting the Gold Standard for Modern Business Formation Meydan Free Zone's dedication to a simple, secure, and fully digital setup positions it as a cornerstone of Dubai's future-forward business environment. The platform features UAE Pass connection, ISO-certified data protection, guaranteed bank account access, and real-time regulatory alignment.. About Meydan Free Zone Meydan Free Zone is one of Dubai's most future-focused business hubs. It offers a fully digital setup experience, comprehensive compliance support, and access to over 2,500 business activities. Built for speed, transparency, and simplicity, Meydan empowers entrepreneurs to scale confidently from Dubai to the world. Contact Information: Contact Person's Name: Anisha SagarOrganization / Company: Meydan Free ZoneCompany website: Email Address: anisha@ A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Khaleej Times
20-05-2025
- Business
- Khaleej Times
Meydan Free Zone and Digital Dubai join forces to boost digital innovation, services
Meydan Free Zone and Digital Dubai have signed a strategic agreement that aims to strengthen Dubai's position as a global leader in digital innovation and technology. This partnership focuses on enhancing digital services for both government and private sector entities, with a special emphasis on improving support for investors and entrepreneurs. Meydan Free Zone will gain access to Digital Dubai's smart solutions, driving greater efficiency and effectiveness in digital services. Together, both entities will collaborate on deploying advanced IT systems to streamline operations across various sectors. The agreement also includes plans for specialised technical support to ensure smooth implementation of digital solutions, fully aligned with Dubai and the UAE's broader digital transformation goals. A key part of this collaboration is the creation of an innovative digital platform designed to support startups and tech ventures. The platform will provide a dynamic, supportive environment where emerging businesses can harness cutting-edge technology to grow and thrive. By tapping into Digital Dubai's smart tools, Meydan Free Zone aims to enhance its operational capabilities and deliver even better customer experiences. These joint efforts will empower entrepreneurs to adopt the latest Matar Al Hemeiri, chief executive of Digital Dubai Government Establishment, highlighted the significance of the partnership: 'This strategic collaboration between Digital Dubai and Meydan Free Zone is a great example of public-private sector synergy, creating an integrated path toward a fully digital society. It paves the way for new startups and fosters innovation by leveraging Dubai's advanced digital infrastructure. It also supports our broader mission to strengthen the digital economy and achieve the goals of the Dubai Economic Agenda D33 and the Dubai Digital Strategy - helping Dubai rank among the world's most advanced digital cities.' Mohammed bin Humaidan, director of Meydan Free Zone added: 'At Meydan Free Zone, we're focused on accelerating digital transformation and improving operational efficiency through impactful partnerships. Working with Digital Dubai allows us to deliver a seamless, tech-driven experience for businesses at every stage. From integrating solutions like the UAE Pass and Dubai AI to enhancing government service access, we're committed to streamlining processes and reinforcing Dubai's reputation as a global hub for innovation and entrepreneurship.' This partnership reflects a shared commitment to shaping Dubai's future as a hub for sustainable digital development. By leveraging advanced technologies and fostering collaboration, Digital Dubai and Meydan Free Zone are laying the foundation for a smarter, more connected business ecosystem - further cementing Dubai's place on the global stage for digital excellence.
Arabian Business
14-05-2025
- Business
- Arabian Business
Dubai free zone launches 60-minute business licence service
A free zone in Dubai is offering entrepreneurs an express business licence service to get up and running in one hour. Meydan Free Zone officially launched Fawri, a new service that enables entrepreneurs to obtain a complete business licence in just 60 minutes. Meydan Free Zone says the platform redefines the speed and simplicity of company formation in Dubai, empowering founders to launch their businesses with unprecedented efficiency. Dubai free zone licence Fawri is a fully digital, all-in-one licensing solution designed specifically for solo entrepreneurs. With a seamless application process, eligible individuals can receive all core legal documents in an hour, including Business licence Certificate of formation Share register Memorandum and articles of association Lease agreement Mohammad Bin Humaidan Al Falasi, Strategic Director of Free Zone Licensing at Meydan Free Zone, said: 'Fawri is more than a product — it's a statement of intent. It reflects our deep belief that the entrepreneurial journey should begin with clarity, speed, and confidence. 'With Fawri, we are setting a new benchmark for business setup in the UAE — one that is digital, founder-first, and globally competitive. Upon issuance of licence under 60 minutes, entrepreneurs can immediately begin the visa application and corporate bank account setup process through Meydan Free Zone's integrated digital ecosystem. 'Fawri ensures that business owners are not just licensed but operational within the same day.' Available for more than 1,800 approved business activities across diverse sectors such as e-commerce, consulting, trading, education, and fintech, Fawri provides unmatched flexibility. Entrepreneurs can combine up to three activity groups under one licence, with the freedom to operate across different industries. Built for speed, simplicity, and security, Fawri includes automatic eligibility checks and a transparent pricing model with no hidden fees. Priced at AED15,000 ($4,100), the license includes one complimentary amendment in the first year, giving entrepreneurs room to evolve as their business grows. Fawri also offers 100 per cent foreign ownership, zero paid-up capital requirements, full repatriation of capital and profits, and freedom to lease office space anywhere in Dubai with DET approval. Meydan Free Zone's offers excellent service and a time-bound money-back guarantee — a first in the region. The launch of Fawri reinforces Meydan Free Zone's commitment to driving digital transformation, enabling founder-led businesses, and making Dubai the destination of choice for global entrepreneurship.
Gulf News
24-04-2025
- Business
- Gulf News
Meydan Free Zone launches Fawri business license solution
Meydan Free Zone has officially launched Fawri, a groundbreaking new service that enables entrepreneurs to obtain a complete business license in just 60 minutes. This innovative platform redefines the speed and simplicity of company formation in Dubai, empowering founders to launch their businesses with unprecedented efficiency. Fawri is a fully digital, all-in-one licensing solution designed specifically for solo entrepreneurs. With a seamless application process, eligible individuals can receive all core legal documents — including the business license, certificate of formation, share register, memorandum and articles of association, and lease agreement — within the same hour. Fawri is more than a product — it's a statement of intent, said Mohammad Bin Humaidan Al Falasi, Strategic Director of Free Zone Licensing at Meydan Free Zone. It reflects our deep belief that the entrepreneurial journey should begin with clarity, speed, and confidence. With Fawri, we are setting a new benchmark for business setup in the UAE — one that is digital, founder-first, and globally competitive. Upon issuance of license under 60 minutes, entrepreneurs can immediately begin the visa application and corporate bank account setup process through Meydan Free Zone's integrated digital ecosystem. Fawri ensures that business owners are not just licensed but operational within the same day. Available for over 1,800 approved business activities across diverse sectors such as e-commerce, consulting, trading, education, and fintech, Fawri provides unmatched flexibility. Entrepreneurs can combine up to three activity groups under one license, with the freedom to operate across different industries. Built for speed, simplicity, and security, Fawri includes automatic eligibility checks and a transparent pricing model with no hidden fees. Priced at Dh15,000, the license includes one complimentary amendment in the first year, giving entrepreneurs room to evolve as their business grows. Fawri also offers 100% foreign ownership, zero paid-up capital requirements, full repatriation of capital and profits, and freedom to lease office space anywhere in Dubai with DET approval. All of this is backed by Meydan Free Zone's service excellence and a time-bound money-back guarantee — a first in the region. The launch of Fawri reinforces Meydan Free Zone's commitment to driving digital transformation, enabling founder-led businesses, and making Dubai the destination of choice for global entrepreneurship.
