Dubai’s Meydan Free Zone has introduced Fawri, an innovative service that allows solo entrepreneurs to obtain a full business license in just 60 minutes for AED 15,000. This 100% digital platform is tailored for individuals looking to launch their ventures quickly and efficiently, providing all essential legal documents within the hour.
With Fawri, entrepreneurs can immediately apply for visas and open bank accounts, thanks to seamless integration with Meydan’s comprehensive digital ecosystem. The service offers significant benefits, including 100% foreign ownership, no requirement for paid-up capital, and full repatriation of profits. It also allows business owners to combine up to three different activity groups under one license and lease office space anywhere in Dubai, subject to approval from the Department of Economy and Tourism (DET).
This launch marks a major step forward in Meydan Free Zone’s commitment to digital transformation and its ongoing efforts to support global entrepreneurship through accessible and efficient business solutions.