Meydan License Cancellation Cost 2026 | Fees, Penalties & Documents | Fastlane
💰 Official Fees📅 2026 Updated⚠️ Penalty Guide

Meydan License Cancellation Cost: Fees, Penalties & Documents Required

Planning to close your Meydan Free Zone company? Understand the official cancellation fees, avoid accumulating penalties, and know exactly what documents you need for proper license cancellation.

Meydan License Cancellation — Key Facts

Audit Required
Mandatory
Processing Time
4–8 Weeks
Monthly Penalties
Apply
Grace Period
Limited

Meydan License Cancellation Fees 2026

Meydan Free Zone requires specific fees for license cancellation. Like other Dubai free zones, Meydan has structured fees for business license cancellation, establishment card cancellation, and visa cancellations.

Fee ComponentTypical Range (AED)
Business License CancellationAED 1,500 – 2,500
Establishment Card CancellationAED 500 – 1,000
Visa Cancellation (Inside UAE)AED 500 – 1,000
Visa Cancellation (Outside UAE)AED 1,000 – 1,500
💡 Get Exact Meydan Fees Contact Fastlane for the current Meydan fee schedule. We handle Meydan cancellations regularly and can provide exact costs for your specific situation.

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Meydan Late Cancellation Penalties

⚠️ Important: Penalties Accumulate Like other UAE free zones, Meydan charges monthly penalties for late license and establishment card cancellation. These penalties cannot be stopped until liquidation is fully completed.
Penalty TypeTypical Amount
Late License PenaltyAED 500 – 1,000/month
Late Establishment Card PenaltyAED 500 – 1,000/month
Total Monthly PenaltyUp to AED 2,000/month
⏱️ Act Before Expiry The best way to avoid penalties is to initiate your Meydan license cancellation before your license expires. Delays after expiry result in accumulating monthly penalties.

Companies with Active Visas

If your Meydan company has active visas and you delay cancellation significantly past the license expiry date, you may also be required to pay annual license renewal fees in addition to cancellation fees and penalties.

Meydan License Expiring Soon?

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Documents Required for Meydan License Cancellation

📋 Meydan Cancellation Document Checklist

  • Liquidation Audit Report Prepared by a Meydan-approved auditor covering the final period of operations
  • Passport Copies of Visa Holder and Shareholder Clear, colored copies of valid passports for all visa holders and shareholders
  • End of Service (EOS) Form Required for visa cancellation — Meydan provides standard template
  • Shareholder Resolution for Liquidation Board resolution confirming decision to liquidate and close the company
  • NOC from Bank No Objection Certificate confirming account closure or zero balance
  • Trade License Copy Copy of the current or most recent Meydan trade license

Meydan License Cancellation Process

Here's the step-by-step process for Meydan license cancellation:

  1. Engage Approved Auditor — Contact Fastlane or other Meydan-approved auditor
  2. Pass Shareholder Resolution — Document the decision to liquidate
  3. Cancel All Visas — Complete visa cancellations for all holders
  4. Obtain Liquidation Report — Auditor prepares final accounts and report
  5. Close Bank Account — Obtain NOC from your bank
  6. Submit to Meydan — Provide all documents to Meydan Free Zone
  7. Pay Fees & Penalties — Clear all outstanding amounts
  8. Receive Cancellation — Meydan issues official cancellation certificate

Need Help with Meydan License Cancellation?

Fastlane handles your complete Meydan cancellation — liquidation report, document preparation, and submission. Close your company correctly and avoid penalties.

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Reviewed by Nithin

Founder, Fastlane Management Consultancy | MoE Registered Auditor | FTA Tax Agent

"Meydan Free Zone license cancellation follows a similar process to other Dubai free zones. The key is to start early — ideally before your license expires. Monthly penalties can add up quickly, sometimes costing more than the actual cancellation fees. As a Meydan-approved auditor, we help businesses navigate this process efficiently and cost-effectively."

Frequently Asked Questions

How much does Meydan license cancellation cost?+

Meydan license cancellation typically includes business license cancellation (AED 1,500-2,500), establishment card cancellation (AED 500-1,000), and visa cancellation fees (AED 500-1,500 per visa). You'll also need a liquidation audit report, which Fastlane provides from AED 1,499.

What is the penalty for late Meydan license cancellation?+

Meydan charges monthly penalties for late license and establishment card cancellation. These penalties can total AED 1,000-2,000 per month and continue until the liquidation is fully completed.

What documents are required for Meydan cancellation?+

Documents required: Liquidation audit report from Meydan-approved auditor, passport copies of visa holders and shareholders, EOS form, shareholder resolution for liquidation, NOC from bank, and trade license copy.

How long does Meydan license cancellation take?+

Meydan license cancellation typically takes 4-8 weeks from submission of complete documents, depending on visa cancellations and any outstanding payments.

Can Fastlane help with Meydan license cancellation?+

Yes, Fastlane is a Meydan-approved auditor. We provide complete liquidation services including the liquidation audit report, document preparation, and coordination with Meydan Free Zone for efficient cancellation.

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