HomeFree Zone Company - Meydan Free Zone - Leasing Of Intellectual Property And Similar Products, Except Copyrighted Works

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Service Company SetupLeasing Of Intellectual Property And Similar Products, Except Copyrighted Works

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Meydan Free Zone logo
JurisdictionMeydan Free Zone
Service
Short description

This company can engage in leasing of intellectual property and similar products, except copyrighted works, including leasing of intellectual property products (except copyrighted works, such as books or software) and receiving royalties or licensing fees for the use of patented entities, trademarks or service marks, brand names, mineral exploration and evaluation, and franchise agreements. The activity can also include intellectual property services and intellectual property rights management.

About the company's activities
Types of activities

For setup of a company in Meydan Free Zone in the field of leasing of intellectual property and similar products, except copyrighted works, the following group of business activity has been chosen:

  • Leasing Of Intellectual Property And Similar Products, Except Copyrighted Works (group 774):
    • 7740,00 - Leasing Of Intellectual Property And Similar Products, Except Copyrighted Works;
    • 7740,01 - Leasing Of Intellectual Property Products (Except Copyrighted Works, Such As Books Or Software);
    • 7740,02 - Receiving Royalties Or Licensing Fees For The Use Of:
      • Patented Entities;
      • Trademarks Or Service Marks;
      • Brand Names;
      • Mineral Exploration And Evaluation;
      • Franchise Agreements.
    • 7740,11 - Intellectual Property Services;
    • 7740,99 - Intellectual Property Rights Management.

The company can choose up to three groups of business activities under one license without additional fees.

License Type

Meydan FZ license that allows to сonduct professional activity.

Additional External Regulator Approvals

No additional approval is required in order to complete the registration process of the company conducting this group of business activities.

 

Share Capital Requirements

There is no minimum share capital requirement for Meydan FZ companies.
If the shareholder plans to obtain an investor visa, the shareholder's share in the share capital should be at least AED 50,000.

Company Name Requirements
  • Must not be identical or similar to local/global brands or registered trademarks
  • Must not contain the names of local/international religious, political or governmental organizations
  • Must not contain the names of Allah or God, or any other religious terminology
  • Must not contain geographical names, such as the names of emirates, cities, countries and other landmarks
  • Must not be identical to the names of multinational companies (companies with a website and branches in at least two other countries)
  • Must not violate the UAE laws or contain words that are obscene, indecent or generally offensive
  • May contain the name of a shareholder
  • Must correspond to the company’s business activities
Bank Account

Entrepreneurs are provided with the opportunity to open a corporate account in classic banks with physical branches, as well as in digital banks and in payment systems.

When choosing a bank to open a corporate account, factors such as the level of service, fees, available currencies, convenience of online banking, the reputation of the bank and other conditions that may be important for business should be taken into account.

Successful corporate bank account opening requires a well-prepared document package, which may vary depending on the specific requirements of a particular bank.  Incorrectly or incompletely submitted documents may negatively affect the final decision of the bank in processing the application for opening a corporate bank account.

About Jurisdiction
Name and Description
  • Title: Meydan Free Zone
  • Description:

Order service directly at Meydan

Total:

Order the support of an authorized platform partner

Plan:
Standard
Premium
Total:

Order services directly through Meydan

With the assistance of our platform manager, who will provide you with service instructions, arrange meetings with Meydan representatives, and assist in coordination

  • Direct access without intermediaries
  • No additional fees
  • No commissions

Choose our "Standard" plan

Receive expert guidance from an authorized consultant who will manage the entire process of obtaining Meydan services

  • Time-saving
  • Predictable outcomes
  • Personal expert assistance
  • Business-class transportation to service locations
  • Minimal involvement required

Opt for our "Premium" plan for top-tier expert guidance

An elite consultant will oversee the process of obtaining Meydan services, ensuring a seamless experience

  • VIP airport reception in Dubai for one person
  • Premium-class airport-hotel-airport transfers
  • Expedited VIP procedures
  • Guaranteed results
  • Personal expert available 24/7
  • Premium-class transportation to service locations
  • Minimal involvement required
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