Meydan free zone is an industrial free zone in Dubai that is situated at a key strategic location and adjacent to the city's centre. It is a reasonably priced free zone in Dubai for the establishment of new businesses. Meydan free zone encourages entrepreneurs with modern telecommunications and high-speed internet connectivity because of its advantageous position for business.
With a variety of commercial developments, hospitality, sports, entertainment, and amusement services, as well as a number of cutting-edge business parks, residential villa communities, schools, hospitals, and business towers with opulent waterfront developments and shopping areas, this economic free zone in Dubai covers a wide range of industries. See below to get the detailed steps to get Meydan free zone license.
STEPS TO GET MEYDAN FREE ZONE LICENCE
CHOOSING BUSINESS ACTIVITIES
Meydan free zone is open to a wide range of commercial, industrial, and professional business activity. You must know which of these categories your chosen activities come under in order to properly describe them when requesting your licence. You can only carry out the tasks that are listed on your licence. However, you may easily add more if you subsequently decide to diversify or expand your service.
CHOOSING COMPANY NAME
Registering a trading name for your company is the second stage. You must decide on a trading name that is unique to the UAE and does not already exist. The name, however, might be in use in other nations. You may use it as long as it is not in use inside the UAE. In addition, you must adhere to the naming guidelines established by Dubai's Department of Economic Development.
APPLYING FOR TRADE LICENCE
To obtain a trade licence from the Meydan Free Zone authorities, you must submit an application based on the business activity you have chosen. You must fill out an application and submit the required documents to the appropriate authorities in order to receive a trade licence.
APPLYING FOR VISA
To work in the UAE, you will also require a resident visa in addition to a licence. A chest x-ray, blood test, medical exam, and biometric scanning are a few of the phases in the visa application process. You may also sponsor others for their visas if you hold a UAE trade licence. This could be a housekeeper or a spouse, parent, or child.
TYPES OF LICENCE IN MEYDAN FREE ZONE
Meydan free zone provides business owners with three main categories of business licences. Depending on the nature of their business, investors can select from a wide range of business activities under each form of business licence.
Consulting Licence - For service-oriented businesses, such as HR and financial consulting.
Commercial Licence - For enterprises involved in trading, light manufacturing, and packaging.
Media Licence - For software development, website design, creative & artistic endeavours, and more.
Meydan free zone is the best choice for startups and business owners looking to launch a firm at a lower cost. It is the ideal option for investors who wish to launch a business in the Dubai Emirate at a reasonable price. In the free zone, business owners can establish a single shareholder company, a free zone limited liability company, or a branch or subsidiary of a foreign corporation. The nomination of a manager/director and the addition of up to 7 shareholders is required by the Free Zone administration for a FZ-LLC company.
WHY CHOOSE MEYDAN FREE ZONE?
CLOSE TO AIRPORT, SEAPORT AND CENTRAL CITY
Meydan Free Zone is well situated for easy access. At Meydan Free Zone, the hubbub of the city centre is never far away. Because of this, it has never been so simple for business owners to arrange for the import and export of items or to find storage. The free zone is located inside the renowned Meydan Hotel, which has a stunning view of the horse racing track and the Meydan Golf Course.
AFFORDABLE WORKSPACE
Renting inexpensive flexi desks is possible owing to a licence provided by the Meydan Free Zone Authority. Flexi desks in the Meydan free zone are perfect for all kinds of companies, including start-ups, SMEs, and even corporate organisations. Flexi desks and other plug-and-play alternatives open the door to inexpensive company setup in Dubai. You can gain useful information about the cost structure of flexi desks from business setup professionals in Dubai.
VIBRANT, WORLD-CLASS COMMUNITY
A distinctive ecosystem that fosters growth through innovation and collaboration is accessible to you when you establish your business in the Meydan Free Zone. A large freehold housing community, schools, a hospital, and recreational facilities can be found in Meydan City. You have immediate access to everything you need to launch and expand your business because of their location in the heart of Dubai. Numerous SME's, corporations, and startups from a variety of industries and areas have their headquarters in the city. You may engage with a dynamic mix of private and public businesses operating in Dubai and at Meydan.
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