GetSmartPromo
Compare jurisdictions
UAE Free Zone (MEYDAN) · via MEYDAN Free Zone·🇹🇷Founder profile

Meydan Free Zone Incorporation for Turkish Digital Agencies

VerifiedJul 2026
EligibilityEligible
Setup timeline21–45days
Year-1 total$12,500

Turkish digital agencies can incorporate a Free Zone LLC in Meydan to access international markets under the UAE's 9% corporate tax regime. This structure allows for 100% foreign ownership and full repatriation of capital.

Founders must maintain proper accounting records to comply with both UAE Federal Decree-Law 47/2022 and Turkish tax residency requirements under KVK Article 3.

§ 01Cost of ownership

Model the full outlay, not just the setup fee

Renewal costs sneak up on non-resident founders. Compare year-1 filing against a 3-year total to see the real bill.
Currency · USD (live FX)
2-year cost of ownership
$25,000
$1,042/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupMEYDAN Free Zone setup
    $12,500
  • AnnualYear 2 renewal
    $12,500
Total$25,000
§ 02Tax residency · Turkish Digital Agencies

What the tax authority sees

US federal / local status

UAE Federal Decree-Law 47/2022 establishes a 9% Corporate Tax on taxable income exceeding AED 375,000.

Home-country rule

KVK Article 3 (kurumlar vergisi mükellefiyeti); Genç Girişimci İstisnası opt.

Editorial verdict

Turkish agencies should leverage the 0% VAT for export services to maintain cash flow while ensuring compliance with KVK Article 3 documentation requirements.

Key compliance risks
  • 01Turkish KVK Article 3 permanent establishment risk if management remains in Turkey
  • 02Requirement for annual audit filings for tax compliance
  • 03Strict adherence to UAE Economic Substance Regulations
§ 03Setup timeline

From filing to funded bank account

Setup timeline
21–45days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d11
d23
d34
d45
01FilingMEYDAN Free Zone submits formation docs
d0–d16
02Tax ID / EINLocal tax authority registration
d14–d34
03BankingBusiness account approved & funded
d27–d45
§ 04Head-to-head

UAE Free Zone (MEYDAN) vs US LLC (Wyoming)

UAE Free Zone (MEYDAN)
Free Zone LLC
US LLC (Wyoming)
LLC
Entity
Free Zone LLC
LLC
Setup cost
$1,306
$102.00
Annual
$1,306
$60.00
Local director
Remote OK
Remote OK
Physical presence
Remote OK
Remote OK
Tax regime
9% CT above AED 375k; 0% VAT for out-of-UAE trade
0% state tax; federal only on US-source income
§ 05Questions founders actually ask

FAQ

Under Turkish KVK Article 3, if the effective management and control of the company remain in Turkey, the Turkish Revenue Administration may consider the entity a tax resident in Turkey, potentially subjecting global income to Turkish corporate tax.
Next step

Start filing with MEYDAN Free Zone

Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.