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Wednesday, November 29, 2023

Meydan Free Zone wins “Best Digital Free Zone in the UAE” award

The prestigious accolade reflects the Meydan Free Zone's forward-looking approach to technology and its enduring adherence to the 'Dubai Digitization of Services Mandate.

Meydan Free Zone, a technology-driven ecosystem providing businesses with a robust, innovative environment, has been awarded “Best Digital Free Zone in the UAE” at the Global Business Outlook Awards 2022.

GBO’s inaugural ceremony was held at the Hotel Conrad in Dubai on January 26, 2023, where Hamed Ahli, Head of Meydan Free Zone, received the award on behalf of the authority. The Global Business Outlook Awards recognize and reward businesses around the world for excellence.

The prestigious accolade reflects the Meydan Free Zone’s forward-looking approach to technology and its enduring adherence to the ‘Dubai Digitization of Services Mandate.’ Since its inception, Meydan Free Zone has automated and consolidated its operational processes digitally by integrating a digitization framework and a purpose-built one-stop digital platform to optimize business setup more efficiently and cost-effectively.

The 24/7 digital Free Zone offers entrepreneurs access to a sophisticated infrastructure and unrivaled networking prospects to scale businesses. With all trade licences and payments made through a secure customer portal, the Free Zone integrates people, products, and processes to offer exciting opportunities for entrepreneurs worldwide to launch successful businesses in Dubai.

Asserting the newest award to the portfolio of honors, Hamed Ahli, Head of Free Zone, said, “Digitalization has redefined how businesses behave and has posed a decisive factor in formulating business strategies and growth.

Further, consumers have become accustomed to seamless and convenient digital experiences. The “Best Digital Free Zone Award” is a landmark title for Meydan Free Zone. It is a testament to our steadfast dedication to harnessing technology and aligning with government agendas. We will continue looking for innovative methods to serve prospective entrepreneurs better and promote the Emirate’s sustainability while fostering stakeholder engagement, expanding investor partnerships, and synchronising with Dubai Economic Agenda D33 and other long-term objectives.”

The Meydan Free Zone’s award-winning portal has processed many successful service requests, ensuring faster and more accurate responses. In a recent survey, Meydan Free Zone subsequently received a high satisfaction ranking from its customers, further validating its standing as a key business authority for Dubai and the UAE.

Over the years, Meydan Free Zone has introduced numerous initiatives in accordance with international practices and standards to enhance the position of the free zone regionally and globally, as well as to reinforce Dubai’s reputation as a global and regional investment destination through technology and strategic partnerships. Company setup in Dubai is just one of its many business support services at this award-winning Free Zone.

Its Meydan Plus packages incorporate 100% digital capabilities and give entrepreneurs a range of valuable tools to help, run and grow from Dubai.Paper forms are a hassle for savvy entrepreneurs who don’t want to spend hours filling them out. And that’s why Meydan offers a totally digital experience when setting up and running a business in the Meydan Free Zone.

Companies can access an innovative customer platform by establishing a business in Meydan Free Zone. With over 3500 business activities to choose from, users can customize from a wide range of smart and intuitive license application kits approved by MOFA and certified by the Dubai Chamber of Commerce and a choice of workspaces such as a flexi desk or shared desk at the luxurious Meydan Hotel.

In addition, the unique cost calculator offers transparent pricing and enables customers to apply for licences online from the convenience of their homes. A newly integrated feature into digital boosting is the free Business Name Check tool for aspiring businesses to assess their company name’s availability and any potential risks.

The best-rated portal is tailored to simplify businesses’ transactions and manage their operations. Among its features, the Free Zone offers an integrated digital bank account opening feature on its customer portal, Meydan Pay, allowing users to apply and submit KYC documents digitally without having to prepare any paperwork. In addition, the authority has partnered with UAE’s most trusted digital banks to provide corporate and business banking solutions that allow entrepreneurs to apply for their bank accounts with our banking partners.

Moreover, the integrated visa system with Dubai Immigration makes security approvals swift, easy and efficient.Businesses, likewise, get exclusive access to Meydan Commerce, the tailor-made solution for eCommerce platforms that gives companies a guaranteed product placement in major Marketplaces of choice.

The Free Zone also offers a fantastic base for entrepreneurial ambitions integrating financial, logistical, regulatory, visa, and business support services within the platform – and managing all of the company’s records and business documents in one place and streamlining the workflow seamlessly.

The comprehensive platform additionally encompasses all aspects of compliance and regulation for companies (such as UBO, ESR, and AML) in a single interface. It also offers Meydan Academy, an exclusive online educational portal for channel partners. Getting started in the Meydan Free Zone is very straightforward. Getting registered is a breeze; packages can be customized to suit individual needs, and 24/7 support is available. To find out more, visit its website or get in touch with the free zone via setup@meydanfz.ae or call 800 FZ1.


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