Dubai’s Meydan Free Zone has just rewritten the rulebook for company setup, introducing Fawri—a revolutionary AI-powered licensing system that delivers full business approvals in under an hour. This puts the speed of UAE business formation on par with ordering a latte, obliterating the previous 5-day standard.
How Fawri Works (At Warp Speed)
AI Questionnaire: 8-minute intelligent form adjusts to your business category
Blockchain Verification: Automatically checks international compliance databases
Instant Approvals: No human touch for 92% of applications
Digital Wallet Integration: Visa, trade permits & Emirates ID package
Why Entrepreneurs Are Flocking
60-minute guarantee or your fees reimbursed
0 physical paperwork – even notarization is digital
Smart License: Automatic updates for regulatory updates
Industry Impact
Threat to Competitors: DIFF/DAFZA now scrambling to keep up
Target Market: Crypto nomads, e-commerce pop-ups, hedge fund SPVs
Hidden Gem: Comes with 1-year virtual office and MetaWorld VR address
By The Numbers
▸ 17 document steps reduced to 3
▸ 93% cheaper than traditional law firm setups
▸ 24/7 availability (even during Eid holidays)
First 100 applicants get free Golden Visa eligibility screening – a nod to Dubai’s 10-year vision.
What’s Next
– Expansion to 45 high-demand business activities by Q3
– AI “License Therapist” to suggest optimal corporate structures
– NFT business certificates launching for Web3 firms
This cements Dubai’s lead in the global ease-of-business race – now faster than Singapore (4 hours) or Delaware (1 day).
