WhatsApp quoteImportantly, meydan Free Zone combines Dubai address with the flexibility to add activities and visas later, and that is why it suits both first-time business owners and established groups. A Meydan Free Zone company can be owned entirely by foreign nationals, needs no local sponsor and can start trading internationally as soon as the licence is issued. Importantly, icelanders are a very small community, mostly in aviation, seafood and technology, so the Meydan Free Zone authority, the banks and the immigration officers see Icelandic applications every day and process them without hesitation. For most clients, icelandic seafood and clean-energy know-how reach the Gulf through Dubai, which gives Icelandic entrepreneurs a ready market and supply chain the moment their Meydan Free Zone licence is issued.
Why Meydan Free Zone
As a rule, unlike some zones, Meydan Free Zone does not require a large paid-up capital to be blocked in a bank account before the licence is granted. One of the reasons we recommend Meydan Free Zone is its Dubai address, which matters more than most founders realise once the business is running.
How Meydan Free Zone works with GoldenKey
Step 1Consultation and activity selection
In the first call we check that Meydan Free Zone lists your activity, settle the licence type and match the visa package and office to what you actually need. Your portal shows the status of this step for opening an event management company in the UAE as an Icelandic founder in real time.
Step 2Name reservation and initial approval
We submit your preferred trade names to Meydan Free Zone and secure initial approval, normally within a day or two of submission.
Step 3Document submission and payment
As we tell every client, you sign the application forms and memorandum, we submit the attested documents and the licence fee is paid to the registrar. We keep a written record of this step so your file for opening an event management company in the UAE as an Icelandic founder is audit-ready.
Step 4Licence issued and next steps
Once the Meydan Free Zone licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting.
Documents required
Here is what you will need for opening an event management company in the UAE as an Icelandic founder; GoldenKey checks every item before submission.
- A clear passport copy for each shareholder and manager, valid for at least six months
- A short business plan or activity description for certain professional activities
- A passport-size photograph on a white background
- A passport issued by Iceland with at least six months' validity
- Educational certificates attested by the Iceland authorities and the UAE embassy, for professional activities
- Attested parent-company supporting documents and a board resolution if the shareholder is a company
Pricing
Pricing for opening an event management company in the UAE as an Icelandic founder depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. All prices for opening an event management company in the UAE as an Icelandic founder are indicative, shown in AED and confirmed in writing ahead of payment.
Pricing available on request — message us for a written quotation.
Why the UAE
As we tell every client, the dirham has been pegged to the US dollar since 1997, which removes currency risk for opening an event management company in the UAE as an Icelandic founder and makes international pricing simple. Just as important, there are no restrictions on repatriating profits or capital, so earnings from opening an event management company in the UAE as an Icelandic founder can be moved to your home country or reinvested freely.
Why GoldenKey
In our experience, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for opening an event management company in the UAE as an Icelandic founder. GoldenKey is based in Ajman Free Zone and has helped entrepreneurs from more than 60 countries with opening an event management company in the UAE as an Icelandic founder, so the paperwork, approvals and timing hold no surprises for us. Our quotations for opening an event management company in the UAE as an Icelandic founder list every government fee and our service fee on one page, in writing, before you pay anything.
Book a call with GoldenKey and we will confirm your eligibility, your costs and your next steps for opening an event management company in the UAE as an Icelandic founder in a single conversation.
Frequently asked questions
Can a Meydan Free Zone company do business on the UAE mainland?
A Meydan Free Zone company can sell to mainland customers through a mainland distributor, invoice services to mainland clients in most cases, and apply for a dual-licence arrangement where the emirate offers one. Direct retail or on-site contracting on the mainland needs a mainland licence.
Can I open a UAE bank account with a Meydan Free Zone company?
Yes, Meydan Free Zone companies open accounts with UAE banks every day. Approval depends on the bank's compliance review of your profile, business plan and documents, and GoldenKey prepares the file and introduces you to a suitable bank.
Do I need to visit the UAE to set up in Meydan Free Zone?
Most Meydan Free Zone licences can be issued remotely with scanned papers and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your residence visa is processed.
Can a Icelandic citizen own 100% of a company in Meydan Free Zone?
It can. Icelanders can own the full share capital of a Meydan Free Zone company with no local partner, exactly like any other nationality.
Is event management allowed in Meydan Free Zone?
Yes. Icelanders can own 100% of an event management company in the UAE. {brand} recommends Meydan Free Zone for this activity and confirms any sector approvals before you commit.
