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

MEYDAN via Shuraa — Turkish Crypto Traders

VerifiedJul 2026
EligibilityEligible
Setup timeline14–30days
Year-1 total$7,500

Shuraa is a Dubai-based business setup consultancy providing white-glove MEYDAN Free Zone formation with a single point of contact. Turkish crypto traders who prefer talking to one advisor through the entire process (license, visa, VARA guidance, banking) pick Shuraa; the direct MEYDAN portal is cheaper but requires more DIY.

Under Federal Decree-Law 47/2022, UAE CT applies 9% above AED 375,000 taxable income. Free Zone Person meeting substance retains 0% on qualifying income; crypto activities require VARA licensing separately.

Turkish KVK Article 3 risk applies unless effective management genuinely moves to 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 · Turkish Crypto Traders

What the tax authority sees

US federal / local status

UAE MEYDAN FZ under Federal Decree-Law 47 of 2022: 9% CT above AED 375,000 taxable income; Free Zone Person may preserve 0% on qualifying income with adequate substance in Dubai.

Home-country rule

Türkiye kripto vergi taslak 2025; USD hedging use-case

Editorial verdict

Shuraa provides consultative white-glove setup for MEYDAN vs the direct portal; useful for Turkish crypto traders wanting one contact person.

Key compliance risks
  • 01KVK Article 3 PE risk if effective management remains in Türkiye
  • 02UAE CT 9% above AED 375,000 taxable income (Federal Decree-Law 47)
  • 03VARA license required for regulated virtual asset service activities
  • 04Substance requirements to preserve qualifying income treatment
§ 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
01FilingShuraa Business Setup (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)

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

Direct MEYDAN portal ~AED 14,500 base. Shuraa adds ~AED 5,000-8,000 consulting fee for hand-holding. If comfortable navigating UAE government portals in Arabic/English, direct is cheaper. If English-only and need step-by-step guidance, Shuraa saves time.

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.