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

Meydan Free Zone Incorporation for Turkish Crypto Traders

VerifiedJul 2026
EligibilityEligible
Setup timeline14–30days
Year-1 total$12,500

Turkish crypto traders can establish a Free Zone LLC in Meydan to manage digital assets under the UAE tax framework. This structure provides a legal entity for professional trading activities while mitigating local currency exposure.

The Meydan Free Zone offers a fully digital setup process suitable for remote management. Entities are subject to UAE corporate tax regulations and must maintain proper financial records to ensure compliance with both UAE and Turkish tax authorities.

§ 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 Crypto Traders

What the tax authority sees

US federal / local status

UAE Federal Decree-Law 47/2022 Article 3 imposes a 9% Corporate Tax on net income exceeding AED 375,000, with 0% VAT applicable to services exported outside the UAE.

Home-country rule

Türkiye kripto vergi taslak 2025; USD hedging use-case

Editorial verdict

Utilize Meydan Free Zone for its digital-first incorporation process to hedge against TRY volatility while maintaining a clear audit trail for Turkish tax compliance.

Key compliance risks
  • 01Turkish CFC rules regarding controlled foreign corporations
  • 02Compliance with UAE Economic Substance Regulations
  • 03Potential Turkish tax authority scrutiny on crypto-asset repatriation
§ 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
01FilingMEYDAN Free Zone 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)

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

Meydan Free Zone allows for consultancy and trading licenses. You must ensure your specific business activity code aligns with your trading operations and that you hold any necessary crypto-specific permits if required by the SCA.
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.