How to get Business License with Virtual Account

Meydan Pay: Everything you need to know

When starting a new business, entrepreneurs are faced with a long checklist of administrative tasks. Perhaps the most important behind getting a UAE trade license is opening a corporate bank account. Without one, it can be difficult to make and take payments for business transactions.

Unfortunately, due to the UAE’s strict anti-money-laundering regulations and Know Your Customer (KYC) legislation, obtaining financial services is not always easy for non-GCC citizens.

That was before the introduction of Meydan Pay, an innovative eWallet for Meydan Free Zone customers. When you start your business at Meydan Free Zone, you’ll get a guaranteed and instant IBAN so you can begin transacting immediately, instead of waiting weeks to pass KYC checks and open a corporate bank account.

With Meydan Pay, you can:

  • Create a free eWallet to receive business payments quickly and easily
  • Add funds to your eWallet for business spending
  • Pay bills from your virtual account
  • Make instant and secure payments across multiple channels
  • Receive payments via payment link and QR code
  • Gain insight and analysis into your transaction history
  • Get a point-of-sale machine if required

Setting up a virtual eWallet with Meydan Pay is quick and easy. It’s open to all nationalities and suitable for both residents and non-residents.

You can fund your account and start making payments within minutes. Sending money is just as simple too. In the space of a few clicks, you can wire funds within the UAE and beyond using a bank account number, email address or phone number.

Setup Freezone

Setting up at Meydan Free Zone with EBMS

Meydan Pay is just one of the many benefits of starting a business at Meydan Free Zone. Companies that set up here can also take advantage of a host of innovative investment and lifestyle benefits in a secure, regulated environment that empowers productivity. Meydan Free Zone gives you:

  • A business presence in the heart of Dubai

You’re never far from the hustle and bustle of the city centre at Meydan Free Zone. Just 15 minutes from the Dubai International Airport and mere minutes from Downtown Dubai.

  • An empowering environment
    Dubai is home to countless startups, SMEs, and multinational corporations, making it the perfect city for you to start and grow your business.
  • A paperless experience

Meydan Free Zone’s intelligent and intuitive license application kit brings together all aspects of compliance and regulation for your businesses (such as UBO, ESR, AML) in a single interface.

And when you establish your Meydan Free Zone business with EBMS, the whole process is fast, affordable, and straightforward.

Ours is an end-to-end service designed to give you everything you need to launch, run and grow your business in the UAE. Our multinational, knowledgeable and experienced team are experts in UAE company formation.

We can manage the entire Meydan Free Zone licensing process, as well as assist with visa applications, bank account opening and a range of other PRO services.

So, if you’re ready to turn your business dreams into reality, get in touch with the team at EBMS today on +97155 174 5764 or email [email protected].

Based on 264 reviews.
Oleg Oleg
Oleg Oleg
2022-04-23
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It was fast and deal! Thanks a lot))) Especially would like to say a big thank you to Mr. Tauseef))
Assil Rehawi
Assil Rehawi
2022-04-20
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I first approached Ibtihel Sayar to assist me in issuing a business license in Dubai Mainland. I was impressed by the outstanding customer experience she showed and by the excellent service received from her and the team at EBMS: Mindi Sen and Syed Ghayoor. I call them a Dream-Team. I am sure there are hidden soldiers too. They expressed an outstanding attitude and were available even beyond their working hours and weekends. As a facilitator and expert in customer experience, I was impressed by their loyalty to the customers of EBMS Business Services. Thank you Dream-Team and thank you everyone at EBMS Business Services. Assil Rehawi
Mandeep Singh
Mandeep Singh
2022-04-17
Verified
I applied through EBMS for opening my company’s office in Dubai. Here i was introduced to Mr Tauseef Ali who explained all the required details to me for the process. Going through the process i could feel the transparency that was maintained by EBMS for this. Even at my first meeting with Mr Tauseef Ali, the procedure looked so selfless that it was somehow hard to believe, but eventually i found it same as explained. My heartfelt thanks to Mr. Tauseef for his genuine cooperation in helping me attain my Immigration card and making the procedure so hassle free with his prompt support.
lallan kumar dubey
lallan kumar dubey
2022-04-17
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EBMS Service is very very appropriat and I appreciate service provided by Mr. Tauseef Ali, his all cooperation realy deserve appreciate and way of dealing to client toward their service is awesome 👍.
umar ayub
umar ayub
2022-04-17
Verified
EBMS is very trusted company to work with them. They help us to establish our company in Dubai . Mr, Taosif Ali was our consultant who helped us through out the process , he is very cooperative , polite and any time reachable personality. I suggest to work with EBMS . Thanks whole team of EBMS .
Nizamudheen Ponmalathodi
Nizamudheen Ponmalathodi
2022-04-13
Verified
Very happy with the service of EBMS, Amreen Johns was there to help me throughout the renewal process.
Ahmed Othman (Gray Wolf)
Ahmed Othman (Gray Wolf)
2022-04-06
Verified
Afzal Hussain very cooperative person and supporting me anytime .

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