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UAE Free Zone (MEYDAN) · via Virtuzone (UAE BSC)·🇹🇷Founder profile

Meydan Free Zone Incorporation for Turkish Digital Agencies

VerifiedJul 2026
EligibilityEligible
Setup timeline14–30days
Year-1 total$12,900

Turkish digital agencies can establish a Free Zone LLC in Meydan to facilitate international operations and tax optimization. This structure allows for full foreign ownership and provides a gateway to the UAE banking system.

Founders must align their corporate structure with Turkish tax laws, specifically regarding KVK Article 3 and potential controlled foreign corporation reporting requirements.

§ 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 · Turkish Digital Agencies

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

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

Editorial verdict

Leverage the Meydan Free Zone LLC structure for 100% foreign ownership and direct access to UAE banking, while ensuring compliance with Turkish KVK Article 3 tax residency rules.

Key compliance risks
  • 01Turkish KVK Article 3 permanent establishment risk
  • 02Economic substance requirements for tax residency
  • 03Mandatory annual financial audit compliance
§ 03Setup timeline

From filing to funded bank account

Setup timeline
14–30days total, 3 phases
Milestone check
Filing · Tax ID · Banking
d0
d8
d15
d23
d30
01FilingVirtuzone (UAE BSC) submits formation docs
d0–d11
02Tax ID / EINLocal tax authority registration
d9–d23
03BankingBusiness account approved & funded
d18–d30
§ 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 Turkish KVK Article 3, if the effective management and control of the company remain in Turkey, the entity may be considered a tax resident in Turkey. Consult a tax advisor to ensure your management structure supports non-resident status.
More profiles for UAE Free Zone (MEYDAN)
Turkish Digital Agencies — other jurisdictions
Next step

Start filing with Virtuzone (UAE BSC)

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