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UAE Free Zone (MEYDAN) · via Shuraa Business Setup (UAE BSC)·🇦🇷Founder profile

Incorporating a Meydan Free Zone LLC for Argentine SaaS Founders

VerifiedJul 2026
EligibilityEligible
Setup timeline14–28days
Year-1 total$7,500

Argentine SaaS founders can utilize the Meydan Free Zone to incorporate a UAE-based entity. This structure provides a legal vehicle for international revenue collection and currency hedging.

The process involves registering a Free Zone LLC, obtaining a tax registration number, and opening a corporate bank account in the UAE.

§ 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
$12,000
≈ $500.00/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupShuraa Business Setup (UAE BSC) setup
    $7,500
  • AnnualYear 2 renewal
    $4,500
Total$12,000
§ 02Tax residency · Argentine SaaS Founders

What the tax authority sees

US federal / local status

UAE Federal Decree-Law 47/2022 imposes a 9% Corporate Tax on taxable income exceeding AED 375,000, with 0% VAT applicable to services exported outside the UAE.

Home-country rule

BCRA capital controls; USD hedging via US LLC common practice

Editorial verdict

Use the Meydan Free Zone LLC to establish a tax-resident entity that facilitates global SaaS payments while bypassing Argentine capital control restrictions.

Key compliance risks
  • 01Economic substance requirements for tax residency
  • 02Compliance with UAE Ultimate Beneficial Ownership (UBO) reporting
  • 03Potential double taxation if Argentine tax residency is maintained
§ 03Setup timeline

From filing to funded bank account

Setup timeline
14–28days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d7
d14
d21
d28
01FilingShuraa Business Setup (UAE BSC) submits formation docs
d0–d10
02Tax ID / EINLocal tax authority registration
d8–d21
03BankingBusiness account approved & funded
d17–d28
§ 04Head-to-head

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

Full comparison →
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

Yes, a UAE Free Zone LLC is eligible for a Tax Residency Certificate, which can be used to prove tax domicile under the UAE's double taxation avoidance agreements.
More profiles for UAE Free Zone (MEYDAN)
Argentine SaaS Founders — other jurisdictions
Next step

Start filing with Shuraa Business Setup (UAE BSC)

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

Claim on Shuraa Business Setup (UAE BSC)