Dubai's Meydan Free Zone Now Issues Business Licences in 60 Minute
The new Fawri service offers fast-track licences with 100% foreign ownership and no capital requirements.
May 15, 2025
Dubai's Meydan Free Zone has launched a new initiative called Fawri, a fully digital platform that enables entrepreneurs to receive a complete business licence in just 60 minutes. Aimed at solo founders and small enterprises, the service offers a simplified, all-in-one process that includes a business licence, certificate of formation, and lease agreement.
Priced at Dh15,000 (approximately $4,100), Fawri covers up to three activity groups per licence and includes one free amendment within the first year. The platform supports over 1,800 business activities across sectors like e-commerce, education, consulting, trading, and fintech.
In addition to speedy setup, the package allows for 100% foreign ownership, no paid-up capital requirements, and full repatriation of profits and capital. Entrepreneurs can also initiate visa applications and corporate bank account openings directly through the platform's integrated digital system.
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