Compare Meydan Free Zone vs Sharjah Economic Development Department

Meydan Free Zone
More Affordable
VerifiedDubaiFree Zone

Meydan Free Zone

The Verdict

Starts from AED 12,500 (Budget) — best for Consultants, startups, and SMEs seeking a prestigious Dubai address with low overhead and no paid-up share capital requirement..

Starting From
AED 12,500
Setup Time
1 days
Sharjah Economic Development Department
VerifiedSharjahMainland

Sharjah Economic Development Department

The Verdict

Starts from AED 15,000 (Budget) — best for Manufacturing, industrial activities, and businesses targeting the local Sharjah and Northern Emirates markets..

Starting From
AED 15,000
Setup Time
1 days

Feature Comparison

A comprehensive side-by-side analysis of key metrics.

Starting From
AED 12,500
Starting From
AED 15,000
Price Positioning
Budget
Price Positioning
Budget
Visa Cost (All-in)
AED 7,760
Visa Cost (All-in)
AED 4,000
Health Insurance/yr
AED 700
Health Insurance/yr
AED 800
Setup Time
1 days
Setup Time
1 days
Remote Setup
Yes
Remote Setup
Yes
Bank Account Help
Yes
Bank Account Help
No
UAE Pass
Yes
UAE Pass
Yes
Max Visas (No Office)
6
Max Visas (No Office)
0
Golden Visa
Yes
Golden Visa
Yes
Dependent Sponsorship
Yes
Dependent Sponsorship
Yes
QFZP (0% Tax)
Yes
QFZP (0% Tax)
No
Corporate Tax 9%
Yes
Corporate Tax 9%
Yes
Audit Required
Required upon renewal
Audit Required
Mandatory for all
Total Activities
70
Total Activities
54
Mixed Activities
Yes
Mixed Activities
Yes

Cost Scenarios

Pre-computed year 1 and renewal costs for common business setups

Meydan Free Zone

Year 1 Total

AED 15,000

Save AED 24,500

Annual Renewal

AED 12,500

Sharjah Economic Development Department

Year 1 Total

AED 39,500

Annual Renewal

AED 32,200

Detailed Breakdown

license and registrationAED 12,500
facilityAED 0
government feesAED 0
third party servicesAED 2,500

Detailed Breakdown

license and registrationAED 14,500
facilityAED 21,000
government feesAED 1,000
third party servicesAED 3,000

License Packages

Pre-bundled business packages offered by each zone

Meydan Free Zone

5 Packages

License with 0 Visa Allocation

Starter Tier

Annual Cost

AED 12,500

0 Visas Included
3 Activities
Flexi Desk
Company Name Reservation & Registration Initial Approvals Memorandum of Association (MOA)

NoteIdeal for businesses that do not require UAE residency visas. The renewal fee is the same as the first-year fee.

Most Popular

License with 1 Visa Allocation

Starter Tier

Annual Cost

AED 14,370

1 Visa Included
3 Activities
Flexi Desk
Company Name Reservation & Registration Initial Approvals Memorandum of Association (MOA) Establishment Card

NoteThis is a popular package for solo entrepreneurs requiring a UAE residency visa.

License with 2 Visa Allocations

Standard Tier

Annual Cost

AED 16,220

2 Visas Included
3 Activities
Flexi Desk
Company Name Reservation & Registration Initial Approvals Memorandum of Association (MOA) Establishment Card

License with 3 Visa Allocations

Standard Tier

Annual Cost

AED 18,070

3 Visas Included
3 Activities
Flexi Desk
Company Name Reservation & Registration Initial Approvals Memorandum of Association (MOA) Establishment Card

NoteSuitable for a small team of partners or employees.

License with 6 Visa Allocations

Premium Tier

Annual Cost

AED 23,600

6 Visas Included
3 Activities
Flexi Desk
Company Name Reservation & Registration Initial Approvals Memorandum of Association (MOA) Establishment Card

NoteA comprehensive package for a growing team.

Sharjah Economic Development Department

Custom Only

No Pre-Bundled Packages

This jurisdiction offers custom pricing based on specific requirements rather than set packages.

Who Wins Where?

A definitive category-by-category verdict based on real-time data and specific business priorities.

Meydan Free Zone

Budget Priorities

Meydan Free Zone offers a lower starting price point at AED 12,500

Sharjah Economic Development Department

Setup Speed

Sharjah Economic Development Department typically processes new licenses in ~1 days

Meydan Free Zone

Visa Capacity

Meydan Free Zone allows up to 6 visas without requiring a physical office space

Meydan Free Zone

Tax Optimization

Meydan Free Zone is officially QFZP eligible

Tie

Brand Prestige

Both offer highly competitive, standard market positioning

Tie

Lean Startups

Mixed results — each jurisdiction has specific cost vs speed trade-offs

Detailed Feature Breakdown

Expand each category for an exhaustive side-by-side comparison

Agricultural License
No
Agricultural License
Yes
Commercial Trade License
Yes
Commercial Trade License
Yes
Crypto Virtual Assets License
No
Crypto Virtual Assets License
No
E Commerce E Trader License
Yes
E Commerce E Trader License
Yes
Freelance Permit
Yes
Freelance Permit
Yes
General Trading License
Yes
General Trading License
Yes
Holding Company License
Yes
Holding Company License
Yes
Industrial Manufacturing License
Yes
Industrial Manufacturing License
Yes
Innovation And Tech License
No
Innovation And Tech License
Yes
Professional Services Consultancy License
Yes
Professional Services Consultancy License
Yes
Tourism Hospitality License
No
Tourism Hospitality License
Yes

About Each Zone

Executive summaries and competitive positioning

Meydan Free Zone

Meydan Free Zone primarily targets entrepreneurs, startups, and SMEs, particularly in the digital, consulting, and service-based industries. [27, 29] Its primary investor profile consists of international businesspersons and freelancers seeking cost-effective solutions, 100% foreign ownership, and a prestigious Dubai address near Downtown. [29, 36] Key industries include trading, e-commerce, media, professional services, and technology. [4, 8]

Key Advantages

The UAE's Only 100% Digital Free Zone: Complete your entire company setup and manage it 24/7 through a seamless online portal from anywhere in the world. [30]
Lightning-Fast License Issuance: Secure your business license in as little as 60 minutes with the exclusive 'FAWRI' instant license service. [14, 22]
Prestigious Meydan Hotel Address: Elevate your brand's image with a credible business address at a world-renowned Dubai landmark, just minutes from Downtown. [21, 36]
Guaranteed Business Bank Account: Overcome the biggest setup hurdle with a guaranteed IBAN through partner banks, frequently with no minimum balance required. [19]
Ideal Target

Consultants, startups, and SMEs seeking a prestigious Dubai address with low overhead and no paid-up share capital requirement.

Sharjah Economic Development Department

SEDD targets a wide range of investors, from local entrepreneurs to international corporations, aiming to establish a presence in the UAE mainland market. The department focuses on diversifying Sharjah's economy with an emphasis on commercial trading, industrial and manufacturing sectors, professional services, and tourism. The primary investor profile includes those seeking full access to the local and regional markets without the restrictions of a free zone, benefiting from Sharjah's strategic location and competitive operational costs.

Key Advantages

Achieve 100% foreign ownership for most commercial and industrial activities, giving you full control without needing a local partner.
Gain unrestricted access to trade directly with any business or consumer across the entire UAE market, a key advantage over free zones.
Benefit from a highly competitive cost structure for licenses, real estate, and operations, maximizing your return on investment.
Leverage Sharjah's strategic location with major seaports on two coasts (Arabian Gulf and Gulf of Oman) and a thriving industrial infrastructure.
Ideal Target

Manufacturing, industrial activities, and businesses targeting the local Sharjah and Northern Emirates markets.

Things to Watch Out For

Hidden costs and common objections — with honest rebuttals

Meydan Free Zone

Hidden Costs
Visa processing fees are separate from the license package cost
Annual renewal of Establishment Card has a higher fee than the first year

Sharjah Economic Development Department

Hidden Costs
Mandatory commercial office lease, which is a significant annual cost.
Municipality fees which are a percentage of the annual office rent.
Variable external approval fees depending on the business activity.

Ask The Experts

Common questions answered transparently with real data

Meydan Free Zone is currently more affordable for initial setup, with entry packages starting from AED 12,500. In the broader market context, Meydan Free Zone is officially positioned as "Budget".

Sharjah Economic Development Department typically processes new trade licenses faster, averaging around 1 days for issuance from the time of application submission. Furthermore, for Sharjah Economic Development Department, fully remote company setup is natively supported, meaning you do not need to be physically present in the UAE.

Meydan Free Zone: Eligible for Qualifying Free Zone Person (QFZP) status. This means you may benefit from a 0% corporate tax rate on qualifying income, provided you meet all economic substance requirements. Sharjah Economic Development Department: Subject to standard 9% UAE corporate tax on taxable income exceeding AED 375,000.

Meydan Free Zone: Yes, the jurisdiction provides direct support channels and streamlined processing for eligible investors seeking a 10-year Golden Visa. Sharjah Economic Development Department: Yes, the jurisdiction provides direct support channels and streamlined processing for eligible investors seeking a 10-year Golden Visa.

Consultants, startups, and SMEs seeking a prestigious Dubai address with low overhead and no paid-up share capital requirement.

Manufacturing, industrial activities, and businesses targeting the local Sharjah and Northern Emirates markets.