IFZA vs Meydan, compared straight, cost, timelines, banking and who each one actually suits. And when a cheaper zone is the smarter call.
Kashif I Jillani
· 9 min read · Updated
Both are Dubai free zones. Both give you a real UAE company with a Dubai address. Both open in roughly the same time, and their entry costs sit close together (IFZA from AED 18,795 and Meydan from AED 18,396, both estimates a consultant confirms before you pay anything), VAT included.
So the honest headline is this: the choice between IFZA and Meydan matters far less than most comparison articles pretend. What actually decides the right zone is your business model, who invoices you, whether banks and clients will look up your address, and how many visas you need. We will walk through all of it below.
But there is a bigger question that sits above both, and skipping it is how people overpay.
Here is the paragraph a competitor selling you a Dubai name would delete.
For a lean, budget-first business, a solo consultant, an e-commerce operation invoicing overseas, or a founder who wants a genuine UAE company at the lowest sensible cost, neither IFZA nor Meydan is likely the right answer. UAQ FTZ starts from AED 11,025, VAT included. Ajman Free Zone is priced per application and sits in similar territory. Both are real UAE companies with real licences. They are not worse companies. They are cheaper ones with a non-Dubai registered address.
IFZA and Meydan earn their higher fee in one situation: when the people you deal with will check your address. If your clients are enterprise buyers, if you are pitching for work where a Dubai registration signals seriousness, or if you are approaching banks that view a Dubai free zone more favourably during onboarding, then the extra spend buys you something you will actually use.
If none of that is you, spend less elsewhere. We will tell you the same thing on a call. The point of this comparison is to help you choose if a Dubai address is right, not to assume it is.
Both figures below are estimates. A binding quote always comes from a consultant, because the final number moves with your visa count and activity.
IFZA (from AED 18,795 estimate) includes, VAT included:
IFZA Dubai business licence (1 year)
Up to 3 business activities
Up to 3 individual shareholders
Residence visa allocation per package tier
Company documents (licence, MOA/AOA, share certificate)
Meydan (from AED 18,396 estimate) includes, VAT included:
Corporate licence with 3 business activities
Company formation
Flexi Desk (co-working shared desk)
Immigration card (with visas)
Visa allocation plus Investor/Partner visa (per visa)
Knowledge & Innovation fees
The starting price is the entry point, not the whole story. Visas are the biggest variable in either zone, and the more you add, the more the two diverge from the headline. That is why we will not quote you a flat all-in number here, as it would be a guess dressed up as a fact.
IFZA setups take 5 to 10 working days and Meydan setups 5 to 7 days after documents are submitted. In practice they are comparable, and neither is meaningfully faster than the other.
What actually determines your timeline is document quality, not the zone. Incomplete or incorrectly formatted paperwork is where the avoidable delay lives. If speed matters to you, the honest lever is getting your file right the first time, not choosing one zone over the other on the promise of a faster stamp.
For a consulting or professional-services business, the two are genuinely close. Both let you register the relevant service activities, both give you a Dubai licence, and both are well suited to a business that invoices clients rather than holding stock.
The deciding factors tend to be practical rather than dramatic:
Activity fit. Both allow up to 3 activities in their entry package. If your consulting spans several distinct areas, confirm each one is covered before you commit (this is a five-minute check that saves an amendment later).
Desk and address. Meydan's entry package bundles a Flexi Desk. If a co-working presence matters to how you operate or how a bank views you, that is worth weighing.
Visa need. IFZA sets the residence visa allocation by package tier. If you need residency from day one, factor that in.
There is no universal consulting winner here, and anyone who names one without asking about your activities and visa plan is guessing. We match the zone to what you actually do, then confirm the licence covers it. You can see how that assessment works on our free zone company formation service page.
This is where our answer differs sharply from most comparison pages, so read it carefully.
We have direct, named relationships with account-opening officers and relationship managers at 10+ UAE banks, and we have helped open 1,000+ corporate bank accounts. That is the part we can stand behind: a track record, not a promise.
Here is what we will not tell you: that IFZA guarantees an account, or that Meydan does, or that any consultant can. Approval rests solely with the bank. Every UAE bank applies its own risk appetite and compliance criteria, and the decision is theirs, not ours and not the free zone's.
What is true and more useful: a recognisable Dubai free zone address generally helps during onboarding compared with a budget offshore or lower-profile registration, because it is part of a profile a compliance team finds easier to assess. Between IFZA and Meydan specifically, the difference is smaller than the difference either makes against a non-Dubai zone. What moves the needle most is the quality of your file (KYC profile, source-of-funds evidence, and a clear expected-transaction picture) because that is what most rejections actually come down to.
So the honest banking answer is: choose either Dubai zone for the address advantage if banking is a priority, then invest your effort in the application itself. We know what each bank's compliance team will ask, because we have been through it a thousand times.
This is the most expensive misunderstanding in the whole free zone market, so let us be precise.
The UAE applies 9% corporate tax on net profit above AED 375,000, for financial years starting on or after 1 June 2023. Below that threshold, the rate is 0%.
A free zone company can access a 0% rate on qualifying income, but only if it meets the Federal Tax Authority's substance requirements. That means real operations inside the zone, not just a registered address. Registering in IFZA or Meydan does not make you tax-free by default, and neither zone changes that.
Corporate tax registration with the FTA is required regardless of whether you end up owing anything. Treat 0% as something to be established with your accountant for your specific structure, never something you assume because the word free zone is on your licence.
If you have decided a Dubai address earns its cost for you, the choice between IFZA and Meydan comes down to activity fit, whether you value Meydan's bundled Flexi Desk, and your visa plan from day one. They are close enough that we would make the call on the specifics of your business, not on a blanket rule.
If a Dubai address does not clearly earn its cost, UAQ FTZ from AED 11,025 or Ajman Free Zone give you a genuine UAE company for less, and we will point you there without hesitation, VAT included.
On the entry estimate, Meydan is marginally lower (from AED 18,396 versus IFZA's from AED 18,795), VAT included. Both are estimates a consultant confirms, and the real difference for your setup depends on visa count and activities, which can outweigh the headline gap.
Both suit consulting well and both allow up to 3 activities in their entry package. The right one depends on your exact activities, whether you want Meydan's bundled Flexi Desk, and whether you need a residence visa immediately. There is no universal winner; we match it to your case.
Yes. Both are Dubai free zones and both provide a Dubai registered address, which is the main reason to choose either over a cheaper non-Dubai zone.
Both carry a Dubai address, which generally helps during onboarding. But no zone guarantees an account, as the decision rests entirely with the bank. Between the two, the difference is small; the quality of your application matters far more.
Not directly. A free zone company cannot sell to UAE consumers, local retailers, or government entities without appointing a mainland distributor or running a separate mainland entity. If your customers are international, this rarely matters.
No. The 0% qualifying-income relief has FTA substance conditions and is not automatic. Corporate tax is 9% on net profit above AED 375,000 for financial years starting on or after 1 June 2023, and registration is required regardless. Establish your position with an accountant.
If a Dubai address will not be checked by your clients or banks, yes: UAQ FTZ from AED 11,025 or Ajman Free Zone give you a real UAE company for less, VAT included. The cheapest zone is the right zone when you will not use what the extra fee buys.
It varies by package tier in both zones. IFZA allocates residence visas by package tier; Meydan allocates visas per package with an investor/partner visa per visa. We will confirm the exact allocation for the tier you need before you commit.
Most people comparing IFZA and Meydan are asking the wrong first question. The real one is whether a Dubai address earns its cost for your business at all, and if it does not, we will say so and point you to a cheaper zone that is just as genuine.
Tell us who invoices you, whether clients and banks will check your address, and how many visas you need. We will tell you which of the four zones we place clients with actually fits, and confirm a binding quote, in one call, before you pay anything. Start on our free zone company formation service page.
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