Meydan Free Zone vs FOIZ: Which UAE Free Zone Should You Choose?
Choosing between Meydan Free Zone and FOIZ? This data-driven comparison covers licence costs, setup speed, banking, visa quotas, and 3-year total cost to help you decide.
- 💰 Cheaper Year 1: Meydan Free Zone (AED 16,000 vs AED 21,000)
- ⚡ Faster Setup: Meydan Free Zone (3 days vs 14 days)
- 🏦 Easier Banking: Meydan Free Zone
- 💼 Best 3-Year Value: Meydan Free Zone (saves AED 14,400 over 3 years)
Cost Comparison: Meydan Free Zone vs FOIZ
| Cost Item | Meydan Free Zone | FOIZ |
|---|---|---|
| Year 1 Licence | AED 16,000 | AED 21,000 |
| Annual Renewal | AED 13,750 | AED 18,000 |
| Visa Quota (Base Package) | 1 visa(s) | 0 visa(s) |
| Investor Visa Cost | AED 3,100 | AED 4,000 |
| Setup Time | 3 days | 14 days |
| Banking Ease | ⚠️ Moderate | ⚠️ Moderate |
| 3-Year Total (Licence + 1 Visa) | AED 46,600 | AED 61,000 |
When to Choose Meydan Free Zone
- ✅ You want a lower Year 1 cost (saves AED 5,000)
- ✅ You need faster setup (3 days vs 14 days)
- ✅ You prioritise easier bank account opening
- ✅ You need more visa slots (base package includes 1)
- ✅ You have existing relationships or activity-specific reasons for this zone
When to Choose FOIZ
- ✅ Your specific business activity is better supported here
Bottom Line
Meydan Free Zone wins on 3-year total cost by AED 14,400. However, cost is just one factor — also consider your specific business activity, whether you need UAE banking access quickly, and how many visas you’ll need in year 1. Use our cost calculator to model your exact scenario.
Frequently Asked Questions
Can I switch from Meydan Free Zone to FOIZ later?
Yes — you can close one free zone company and open another in a different zone. However, this involves dissolving the first company, which can take 1–3 months and incur additional costs. It’s better to choose the right zone from the start using our Zone Finder Quiz.
Do both zones offer flexi-desk/virtual office?
Most UAE free zones offer flexi-desk packages (shared workspace address) as their entry-level option. Virtual office (address only, no physical access) is available at some zones. Confirm the exact package options directly with each zone before signing up.
Which zone is better for UAE bank account opening?
Meydan Free Zone has a lower banking difficulty score, suggesting a more straightforward account opening process. However, individual outcomes vary — nationality, business activity, and source-of-funds documentation all affect bank approval rates.
Explore More Comparisons
- Browse all UAE free zone comparison pages
- Mega comparison table — all zones filterable
- Meydan Free Zone full profile
- FOIZ full profile