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MEYDAN FREE ZONE
Meydan Free Zone: Getting your business off the ground in a free zone in the United Arab Emirates can help you in many ways. People from outside the country and those living there are constantly setting up businesses in free zones to take advantage of the benefits and help their businesses grow the most.
Meydan Free Zone continues to be one of the country’s most popular and valuable domains.
Setting up a business in the Meydan free zone is simple, easy, and quick. Also, entrepreneurs are drawn to this jurisdiction because it is cost-effective, has unique specialties, and has higher growth prospects.
The Activity Groups Offered by Meydan Free Zone
Meydan FZ offers over 1500 activities under their various activity groups. Please note that the below-mentioned list is non-exhaustive.
Advertising: This activity group includes advertising, specialized design activities, photographic activities, creative arts & entertainment activities.
Education & Training: These activity groups include education from pre-primary to secondary and higher education, educational support activities, sports coaching activities, recreational sports educational activities.
Financial: This is a prominent activity group which includes financial service activities (except insurance & pension funding activities), tax consultancy, accounting, book-keeping, auditing activities, and monetary intermediation.
Holding: This is a highly sought-after activity group which comprises of activities of holding companies. Tax benefits and ease of administration makes this activity group an attraction for a host of investors.
Human Resources: This activity group includes activities in relation with HR. It encompasses employment placement agencies, temporary employment agency activities, and other human resources provisional activities.
Infrastructure: The activities in this group encompasses construction of buildings, construction of roads & railways, construction of utility projects, construction of other civil engineering projects, demolition, installation of industrial machinery and equipment and other specialized construction activities.
Legal: This activity group is suitable for legal consultancy firms as it includes a license for Legal activities.
Logistics: This includes inland water transport, other land transport, warehousing, storage, support activities for transportation, and postal and courier activities.
Management: This is a wide activity group consisting of management consultancy activities, leasing of intellectual property & similar products (except copyrighted works), other reservation service & related activities, office administrative and support activities, activities of call centres, and business support service activities.
Real Estate: This activity group includes real estate activities with own or leased property, and activities pertaining to real estate on a fee or contract basis.
WHAT IS DIFFERENT ABOUT MEYDAN FREE ZONE?
Meydan free zone is the best place to start a business because of many things, not just one. It has all the good things that would help your business grow quickly and satisfactorily without any problems or obstacles. Here are a few things that make Meydan free zone unique:
- Location: The Meydan free zone is in an area that is easy to get to by air and road. The free zone is conveniently located near the heart of Dubai, just 15 minutes from the city’s international airport.
- Elegance: Your business address is the most important thing about your business. Meydan free zone would give you a well-known address, which is essential if you want to work with elite clients.
- Connectivity: The location of the free zone is so good that clients, customers, associated members, partners, and shareholders can quickly get to your campus. This makes it easy to set up meetings, conferences, special events, and other events.
Meydan free zone is an excellent place to start your business because it has many benefits. This free zone is also better for business owners who want to do business in Dubai.
Meydan has been the first choice for entrepreneurs who live outside of the UAE because it is affordable. Depending on your needs and budget, you are free to select a variety of office spaces from which to do business. A Flexi Desk is a great option for a new company that needs to minimize costs. There are a number of affordable office space options available, and other services are also competitively priced.
Growing a community of entrepreneurs living in the country and abroad creates a positive environment that helps your business grow. In the Meydan free zone, there are many businesses from many different fields. Their creative skills, custom-made services, ideas for the future, and core strengths can also help your business. An entity needs third-party support to run smoothly. You can expect this kind of smooth help in Meydan.
In Meydan, there are different packages for setting up a business from which you can choose. It is possible to obtain multiple visas at once if you are willing to spend a little more money. Establish your business in the Meydan zone by selecting the most cost-effective incorporation strategy.
Companies in Meydan have a particular eCommerce option. Check out this option if you want to sell your products using the best e-commerce solutions in the country. This would help you expand across the UAE by removing geographical barriers. After paying the amount required by the free zone authority, you can get permission to run an eCommerce business.
The free zone authority has made it easy to start a business in the domain by making setting up a business simple. The steps needed to get a business license and start a business in the Meydan free zone are as follows:
The trade license document would list the business activities that the company could do. So, you need to decide ahead of time what kind of business and trade you want to do. The business plans should be listed on the application for a business license. Only those things would be allowed for your company to do.
Before applying for the first approval, the company name should be registered with the authority. Consider noting that blasphemous, religiously or politically biased, or abbreviated language is not allowed. If the proposed name fits into any of these groups, the authority will not let it be registered as a trading name. For more information on naming conventions in the Meydan free zone, you can contact Crosslink International Documents Clearing Services (you can use your name as the company name without any abbreviations).
Get your paperwork and apply for a license on trade in the Meydan-free zone. Please hire us to figure out the most effective business structure. All the paperwork and official steps would be taken care of by our team. And would help you set up a company for a low cost. For the application for a business license, you need the following:
- Copy of the owner’s and shareholders’ passports
- Photos the size of a passport
- Visa copy
- A copy of an Emirates ID
