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Meydan's regulations ask a company for audited financial statements within 30 days of a request from the Authority. Corporate tax can still require an audit every year. Each rule below links to the official documents.
The zone · Who it suits · Start a company · Regulations · Audit · Corporate tax · Audit enquiry
The zone
Meydan Free Zone is the free zone of Meydan City. Dubai Law No. 5 of 2009 established the city, its free zone and the Meydan City Corporation, which registers and licenses the businesses in it. The law was amended in 2021 and in 2024.
It sits within Meydan City, a little over 15 minutes from Dubai International Airport.
The federal Commercial Companies Law does not apply within the free zone (Companies and Licensing Regulations 2022, Regulation 2.3).
Source: Law No. 5 of 2009; Law No. 7 of 2024; Meydan Free Zone, About
Who it suits
Source: Meydan Free Zone, About; Meydan Free Zone, Business set-up
Start a company
Meydan lists its business activities by sector, and registers and licenses companies in the free zone.
Meydan Free Zone: business set-up
We help with the choice of jurisdiction and licence, holding structures and bank account onboarding. Tell us what the company will do and we will come back to you.
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Regulations
Audit
| Who | A company prepares financial statements and keeps accounting records that show its financial position at any time (Companies and Licensing Regulations 2022, Clauses 42.1 and 42.2). |
|---|---|
| When | A company submits audited financial statements within 30 days of a request from the Authority (Clause 42.1). The regulations set no annual filing date. |
| How to file | To the Authority. The regulations do not name a portal service. |
| Exemption | The regulations give no small or dormant company rule. |
| If you do not file | The Authority may impose a fine of an amount it decides, or other sanctions (Clause 54.2). |
| Auditor | Appointed or removed by ordinary resolution, and the Authority is told of the appointment (Clauses 44.1 and 44.2). The regulations do not require an auditor from a list. |
Source: Meydan Free Zone Companies and Licensing Regulations 2022
Checked against the sources on 12 November 2026.
Corporate tax
A free zone company pays corporate tax at 0% on its qualifying income if it is a Qualifying Free Zone Person, and at 9% on its other taxable income (Corporate Tax Law, Article 3(2)). To qualify, it must keep adequate substance in the UAE, earn qualifying income, not elect to be taxed at the standard rates, and comply with the transfer pricing rules (Article 18(1)).
It must also keep its non-qualifying revenue within the de minimis limits and prepare audited financial statements (Ministerial Decision 229 of 2025, Article 5(1)). A company that fails any condition loses the 0% status for that tax period and the next four (Article 5(2)).
For tax periods starting on or after 1 January 2025, the audit applies to every Qualifying Free Zone Person, whatever its revenue (Ministerial Decision 84 of 2025, Article 2(1)(b)). More in our UAE corporate tax guide.
Source: Corporate Tax Law; Ministerial Decision 229 of 2025; Ministerial Decision 84 of 2025
Audit enquiry
Our audits are signed by Ministry of Economy registered auditors, registry entry LC4682-01.
Send the company name and its financial year end. We will reply with what the audit needs.
Thank you, it has reached the team.
Other Dubai free zones: DMCC · DIFC · JAFZA · IFZA · Dubai Silicon Oasis · Dubai Airport Freezone · Dubai South · DWTC Free Zone · Dubai Healthcare City · DDA zones · All Dubai free zones
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