Dubai is one of the most favored business locations for investors from all over the world. This is because the UAE government has continuously introduced policies that simplify the company formation process and make the life of investors easier in Dubai or other emirates. One such government endeavor to encourage investors in obtaining business licenses quickly is the instant licensing program in Dubai free zones at very cheap rates.
Meydan free zone is one of the free zones that offer a cost-effective and fast business setup solution in Dubai with instant IBAN. In 2009, the free zone was founded in Nad Al Sheba, one of Dubai’s most prestigious locations, next to the Dubai Logistics Corridor and Mohammed Bin Rashid Al Maktoum City. The free zone is developed to empower any business operating there and provide them with all the resources they need to establish quickly and succeed with an appropriate business license in UAE.
Meydan free zone has a lot to offer to investors, but the most important reasons to choose Meydan free zone for business establishment are listed below:
Strategic Location
Meydan free zone is strategically located to provide ease of access to logistics and other resources. At Meydan Free Zone, you’re never far from the commotion of the central city. It is close to the airport and seaport with 15 minutes drive from the Dubai International Airport and Dubai ports for ease of commute. This makes it exceedingly simple for business owners to arrange for the import and export of commodities or to hunt for warehousing to operate business activities.
Get MOFA Approved Business License starting at Just AED 12,500 with Instant IBAN
This is the biggest advantage of starting a business in the Meydan free zone. The Meydan Free Zone is made to make foreign ownership simple. Starting your business is just the first step. Meydan free zone authorities make an effort to assist investors with all of the subsequent stages that come after.
Meydan Free Zone offers three main types of business licenses in UAE to investors – Consulting License, Commercial License, and Media License. The Free Zone is the best choice for startups and investors looking to launch a business at a lower cost and in a quick time. After receiving the license, it is the only free zone where you can set up your business with an Instant IBAN in four days. Other key benefits that Meydan Free Zone offers to investors through and licensing and business formation process:
- MOFA recognized business licenses
- Instant IBAN (International Bank Account Number) with your trade license
- Dedicated digital portal for company management
- 1,500 options for business activity
- Low-cost business setup starting from AED 12,500
- No currency restrictions
Meydan Free Zone provides quick, easy, and affordable choices for new company formation. Every company is governed by a limited liability company license the free zone (LLC- FZ ) has issued.
Easy Monthly Payments of Licensing Fees with No Interest Rates
To accommodate the requirements of companies of all types and sizes, Meydan Free Zone offers a wide variety of license packages. For only AED 12,500, you can obtain a trade license in Meydan Free Zone will let you engage in three commercial activities. This bundle also contains one visa allocation for AED 14,350. The AED 23,600 plan includes an allocation for up to six visas, with additional visas available upon request if you require more flexibility. All of the licensing packages are offered with 0% Easy Payment Plans, helping investors reduce the initial costs of licensing procedures.
A Paperless Experience
When establishing and operating your business in the Meydan Free Zone, you can have a completely paperless experience. The application process will take a lot less time and effort thanks to its smart and user-friendly license application kit. A digital payment platform that offers a simple payment option has also been developed by the free zone. It means you can rapidly access and pay for services with a single click. The free zone’s digital platform lets investors do the following things hassle-free:
- Complete all processes related to company formation
- Licensing applications and approval
- License Renewal
- Apply for trade permits
Faster payments and transactions
Meydan Pay is the first and only banking solution that offers new business bank account opening options from both local and international banks. This enables you to begin conducting business in the UAE right away without having to wait for lengthy account opening and due diligence procedures. Start your business in the Meydan Free Zone, complete the sign-up process, and the free zone’s banking partner will send you an instant IBAN within four days if you want to use Meydan Pay.
In the Meydan free zone, forming a company is an easy and flexible process. Each package has been created by the free zone authority to meet the requirements of foreign investors. The packages are inexpensive for businesses of all sizes and easy to obtain. Socialite Consultancy Services can help you pick the right license type for your business and complete all other formalities through a seamless process. Give us a call to talk to our business setup consultants in Dubai for more help.