Meydan Free Zone Launches Fawri: A Revolutionary Business License Solution
DUBAI, AE / ACCESS Newswire / April 24, 2025 — The Meydan Free Zone has taken an innovative leap forward by officially launching Fawri, a new service that allows entrepreneurs to obtain a complete business license in just 60 minutes. This initiative marks a significant stride in simplifying the business formation process in Dubai, enabling entrepreneurs to kickstart their ventures with unparalleled efficiency.
The Fawri Experience: Speed and Simplicity
Fawri stands as a fully digital licensing solution that caters particularly to solo entrepreneurs. The platform features a seamless application process, ensuring that eligible applicants can receive all essential legal documents—such as the business license, certificate of formation, share register, memorandum and articles of association, and lease agreement—within one hour of submission.
Mohammad Bin Humaidan Al Falasi, the Strategic Director of Free Zone Licensing at Meydan Free Zone, elaborated on the significance of Fawri. “Fawri is more than just a service; it’s a statement of intent. It embodies our belief that the entrepreneurial journey should commence with clarity, speed, and confidence.” This service aims to set a new benchmark for business setup within the UAE, emphasizing a digital, founder-first approach that enhances global competitiveness.
More Than Just Documentation: A Comprehensive Package
Upon receiving their licenses, entrepreneurs can immediately initiate the visa application and corporate bank account setup processes through Meydan Free Zone’s interconnected digital ecosystem. This integration ensures that business owners are not just licensed but are also operational on the very same day they submit their applications.
Fawri is designed to accommodate a wide range of business activities, offering over 1,800 approved practices across various sectors, such as e-commerce, consulting, trading, education, and fintech. Entrepreneurs benefit from this flexibility, as they can combine up to three activity groups under a single license, enabling them to operate across various industries with ease.
User-Friendly and Transparent Pricing Model
Fawri prioritizes not only speed and ease but also security and transparency. It includes automatic eligibility checks and follows a clear pricing model with no hidden fees. The licensing cost is set at AED 15,000, which encompasses one complimentary amendment within the first year, allowing entrepreneurs to adapt as their businesses evolve.
Moreover, Fawri entails significant advantages for entrepreneurs, such as 100% foreign ownership, zero paid-up capital requirements, and full repatriation of capital and profits. Business owners also enjoy the freedom to lease office space throughout Dubai with DET approval. This comprehensive package is underpinned by Meydan Free Zone’s service excellence, complemented by a time-bound money-back guarantee—an innovative first in the region.
Driving Digital Transformation and Global Entrepreneurship
The launch of Fawri is a testament to Meydan Free Zone’s unwavering commitment to fostering digital transformation and empowering founder-led enterprises. By streamlining the business setup process, the initiative aims to position Dubai as a premier destination for global entrepreneurship, attracting talent and investment from diverse sectors.
Fawri is now live and available exclusively through Meydan Free Zone’s official digital platform. For further information and to explore the new business licensing options, visit www.meydanfz.ae.
As the entrepreneurial landscape continues to evolve, services like Fawri are essential in catalyzing growth and innovation in Dubai’s thriving business ecosystem.