What are the documents required from corporate shareholder for formation of a company at Meydan Free Zone?
Answered on October 23,2023
Documents required from corporate shareholder for formation:
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Company Documentation of parent company (Certificate of Incorporation, Certificate of Incumbency, Memorandum and Articles of Association, Board Resolution, etc.)
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Passport copies of owners and managers
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Board Resolution indicating it has been resolved to open a branch office in “Meydan – Free Zone Authority” – original required signed and stamped (contact us for a draft of the same).
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When a shareholder is a company entity, the Board Resolution should state the following as an example – “XYZ Company to take a 50% stake in new company ABC LLC to be formed in “Meydan – Free Zone Authority” – original required signed and stamped (contact us for a draft of the same).
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The Board Resolution should also include the appointed Manager(s)/Shareholder(s)/Director(s) of the branch or new LLC .
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Meydan Free Zone provides several benefits for business owners, such as no personal or corporate tax, complete foreign ownership, and full repatriation benefits on profits and financial assets. Further, having offices in the urban-style Meydan Hotel gives you a high-end status and can help get top-of-the-line clients.
Additional services, such as our e-commerce support service, Meydan Commerce, and our Easy Payment Plans, enable you to stretch out the setup cost over a period of months and are also available to help your business develop and thrive.
At Meydan Free Zone, we believe in promoting an environment where businesses flourish and leaders emerge from the ranks of innovators and entrepreneurs.
Our consultants will support you with all aspects of your business setup in Dubai, so you can focus on finding clients and growing your business.
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