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UAE Free Zone (MEYDAN) · via Virtuzone (UAE BSC)·🇪🇬Founder profile

Incorporating a Meydan Free Zone LLC for Egyptian Freelancers

VerifiedJul 2026
EligibilityEligible
Setup timeline21–45days
Year-1 total$12,900

Egyptian freelancers can establish a Free Zone LLC in Meydan to formalize their business operations and gain access to international payment gateways. This structure allows for 100% foreign ownership and full repatriation of capital.

The process requires compliance with both UAE corporate tax regulations and Egyptian tax reporting obligations under Law 91/2005.

§ 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
$18,400
≈ $766.67/month amortized·USD @ live FX
Time horizon
Line items
Amount
  • SetupVirtuzone (UAE BSC) setup
    $12,900
  • AnnualYear 2 renewal
    $5,500
Total$18,400
§ 02Tax residency · Egyptian Freelancers

What the tax authority sees

US federal / local status

UAE corporate income is subject to 9% tax on net profits exceeding AED 375,000 under UAE Federal Decree-Law 47/2022.

Home-country rule

Egyptian Tax Authority Law 91/2005 on foreign income

Editorial verdict

Meydan Free Zone is ideal for Egyptian freelancers seeking a low-cost, 100% remote setup with access to UAE banking infrastructure.

Key compliance risks
  • 01Egyptian Tax Authority Law 91/2005 requires reporting of foreign-sourced income.
  • 02Potential double taxation if no tax residency certificate is obtained.
  • 03Requirement to maintain proper accounting records for UAE tax audit compliance.
§ 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
01FilingVirtuzone (UAE BSC) 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)

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

Under Egyptian Law 91/2005, residents are taxed on worldwide income. You must report UAE-earned income to the Egyptian Tax Authority, though you may claim a tax credit for taxes paid in the UAE to avoid double taxation.
More profiles for UAE Free Zone (MEYDAN)
Egyptian Freelancers — other jurisdictions
Next step

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