Call for Assistance: +971 503506152
Call for Assistance: +971 503506152
How to Renew Your Meydan Free Zone Trade License in the UAE
November 25, 2025

How to Renew Your Meydan Free Zone License (Accurate & Updated Process)

Renewing your Meydan Free Zone license is a fully digital, streamlined process designed to keep your business compliant without unnecessary paperwork or in-person visits. The Meydan portal guides you step-by-step, and their system flags anything missing long before it becomes a problem.

Step 1: Check That Your Workspace Agreement Is Active

Before a renewal application can begin, Meydan verifies whether your workspace arrangement is valid. This could be:

  • A Flexi Desk package

  • A private office agreement

If your workspace contract has expired, the system will block the renewal until the workspace is renewed or extended.

(Note: Ejari is only required when the business operates from a full physical office.)

Step 2: Ensure All Company & Shareholder Documents Are Updated

Meydan does not ask you to upload your old trade license, but it does require your company details to be accurate and compliant.

The portal may prompt you to update:

  • Passport copies of all shareholders

  • Emirates IDs (for UAE residents)

  • UBO/shareholder information

  • Contact details

The system flags anything outdated so you don’t miss any compliance requirements.

Step 3: Begin the License Renewal Application in the Meydan Portal

Once your preliminary details are verified, you can initiate the renewal.

Simply:

  1. Log into the Meydan CRM dashboard

  2. Click “License Renewal”

  3. Follow the guided steps

Theta 7 typically completes this stage within minutes because the platform is user-friendly and entirely digital.

Step 4: Submit Your Audited Financial Statements OR the Financial-Year Declaration

This step is unique to Meydan Free Zone.

During the renewal process, you must provide one of the following:

Option A: Audited Financial Statements

Required if your financial year has concluded.
Your audit must align with the financial period registered with Meydan.

Option B: Financial-Year Declaration

Used when:

  • Your company has not yet completed its first year, or

  • The financial year is ongoing, and the audit is not due yet

The declaration confirms that the company is compliant and will submit audited financials once eligible.

Theta 7 ensures clients use the correct declaration template so renewals are never delayed.

Step 5: Complete the Mandatory KYC (Know Your Customer) Verification

This is the part that many people overlook — but it is now mandatory during renewals.

Immediately after submitting the renewal application, Meydan requires all shareholders to complete their KYC verification.

This step includes:

  • Identity verification

  • Source of funds/wealth screening

  • Compliance checks against UAE regulations

  • Shareholder signature and confirmation

The renewal will not progress to invoicing or approval until every shareholder completes the KYC request sent through the Meydan portal.

Theta 7 typically coordinates this step for clients so nothing is missed.

Step 6: Meydan Compliance Reviews Your Application

Once your documents, financial declaration/audit, and shareholder KYC are submitted, Meydan’s compliance department begins its review.

They verify:

  • Workspace validity

  • Accuracy of financial documentation

  • KYC results

  • Activity compliance

If they need clarification or additional documents, you’ll receive a notification inside the portal.

Step 7: Receive Your Renewal Payment Voucher

After compliance approval, Meydan automatically generates a renewal payment voucher.

Your renewal cost depends on:

  • License type

  • Activity categories

  • Visa allocation

  • Package selection

Meydan is transparent — all fees are displayed upfront before you pay.

Step 8: Make the Payment

You can settle your renewal fees via:

  • Online payment in the CRM

  • Card payment link

  • Bank transfer

Once paid, the transaction reflects instantly.

Step 9: Your Renewed Meydan License Is Issued Digitally

Once the payment is confirmed, your renewed license will be available directly inside the Meydan CRM.

You can:

  • Download it immediately

  • Share it with banks or authorities

  • Use it for visa services

No printing, no stamping, no physical visits — everything is digital.

Dubai License Renewal Timeline

Meydan follows a predictable cycle:

30 Days Before Expiry

Meydan sends automated reminders.

15 Days Before Expiry

System checks your workspace agreement and documents.

Expiry Date

Your license becomes inactive, but you enter a grace window.

Grace Period (30 Days After Expiry)

  • You can renew without fines

  • But access to some services may be restricted

After the Grace Period

  • Penalties apply

  • Visa services freeze

  • Banking access may be impacted

  • Prolonged inactivity can cause blacklisting

This is why Theta 7 always encourages early renewal.

Additional Requirements to Look Out For

Depending on your business activity or free zone structure, you may also need:

  • External approvals (for regulated activities)

  • Updated UBO data

  • Chamber of Commerce renewals

  • Fresh Ejari only if you operate from a physical office

Meydan’s system prompts you automatically if any of these apply.

Conclusion

Renewing your Meydan Free Zone license is more than just an annual formality — it’s a crucial step that ensures your business remains compliant, operational, and ready for growth in one of Dubai’s most entrepreneur-friendly zones. By staying ahead of your workspace validity, keeping shareholder and company details updated, completing the required KYC checks, and submitting your financial documentation correctly, you can complete your renewal without delays or complications. Meydan’s fully digital ecosystem makes the process accessible and efficient, but having expert guidance ensures that every compliance box is ticked and nothing slips through the cracks.

End-to-End Meydan Renewal Support—Fast, Accurate, Compliant

If you want a fast, stress-free renewal handled end-to-end by specialists who work with Meydan every day, Theta 7 Business Consultants is here to manage everything for you — from KYC coordination to financial declarations and compliance approvals.
Message us today to renew your Meydan license in as little as 24 hours and keep your business running at full speed.

more guides

Theta 7 - An Online Accounting Firm in the United Arab Emirates

Spondoo, a leading online accounting firm, has launched Theta 7, its new branch in the United Arab Emirates. Theta 7 is an online accounting firm that offers a range of accounting services to businesses in the UAE, leveraging technology to offer accurate, timely and cost-effective solutions. With its launch in 2023, Theta 7 is set to revolutionise the accounting industry in the UAE.
READ MORE

Taking my clients out for drinks or dinner? How it works in the eyes of the UAE Federal Tax Authority

Most jurisdictions now restrict or disallow client entertainment expenses, and the UAE is no exception to this. When you take a client out for dinner or drinks, or even paying for a joint golfing trip, this is client entertainment. You can indeed pay for this type of expense via the business, and it is still legitimate to do so.
READ MORE

When considering tax rate thresholds, how is UAE corporate tax calculated?

If a company has a taxable profit of 400,000 AED, the calculation will be (375,000 AED x 0%) + (25,000 AED x 9%) giving a tax bill for the period of 2,250 AED.
READ MORE

Is Dubai Truly Tax-Free? 

Simply put - Yes and no: There is no income tax on a person’s salary, wages, bank interest, dividends, or capital gains in Dubai, however, from June 2023 corporation tax was introduced
READ MORE

Can I Avoid Corporation tax by paying all my profits as a salary in the UAE?

Our answer is – it is not that simple, and the FTA (Federal Tax Authority) are too smart for that one.
READ MORE

Are Free Zone companies subject to tax in the United Arab Emirates (UAE)?

It is important to note that Free Zone companies are not exempt from corporation tax in the UAE, but they may qualify for a 0% tax rate. This is an important distinction as all Free Zone companies be required to register for corporation tax with the Federal Tax Authority (FTA) and file returns at least annually.
READ MORE
1 2 3 22
The information provided on this site is for general guidance purposes only and may change based on updates to UAE laws and regulations. It should not be construed as financial, accounting, auditing, or legal advice, nor relied upon as the sole basis for making financial or compliance decisions. We recommend seeking specific professional advice tailored to your individual circumstances.

Theta7 is a trading name of THETA 7 Accounting & Bookkeeping L.L.C, an authorised and licensed accounting firm under the Ministry of Economy and the Federal Tax Authority of the United Arab Emirates. Audit services are provided exclusively through AuditCo Times Auditors L.L.C, a licensed audit firm operating under the Theta7 Group.
© Copyright 2023 - Theta 7 - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram