How to Become a Corporate Service Advisor in Dubai with Meydan Free Zone?

A Corporate Service Advisor, also known as a Corporate Services Provider (CSP), is a professional or a firm that offers specialized services and guidance to businesses in various corporate matters. CSP can provide businesses with various corporate services, including company formation, registration, trade license application, visa processing, accounting, bookkeeping, bank account opening, tax filing, document attestation, EJARI services, and other administrative tasks.

As a Corporate Service Advisor, your primary role is to offer comprehensive solutions and support to companies, enabling them to establish and maintain their operations effectively. In addition, you can help businesses streamline their management processes, ensure compliance with relevant laws and regulations, and provide guidance on best practices for corporate governance.

7010.93  Corporate Services Provider

Apply for a license under the Activities of Head Offices and choose Corporate Services Provider with activity code 7010.93.

With a Corporate Services license from Meydan Free Zone, you can provide various administrative services to companies and establishments. Among your tasks is assisting these entities in registering their businesses and obtaining the required licenses from relevant authorities. This involves handling the necessary paperwork, submitting applications, and liaising with the appropriate government agencies on behalf of your clients.

Additionally, as a Corporate Services business, you can help companies establish partnerships with foreign companies. This includes facilitating connections, conducting due diligence, and providing guidance on forming such alliances' legal and regulatory requirements. 

Exclusions

Corporate Services activity excludes the provision of any kind of legal services and the activities of certain holding companies.

In Dubai, a holding company is a company that holds the majority of the shares in other companies, known as subsidiaries. The holding company's primary purpose is controlling and managing its subsidiaries' operations and assets rather than engaging in operational activities. The specific requirements and regulations for setting up a holding company in Dubai may vary depending on the type of company and its activities. However, when you conduct a CSP business, you cannot manage certain activities of holding companies, such as units that have the assets (owning controlling levels of equity) of a group of subsidiary corporations whose principal activity is owning the group. In addition, you cannot provide any other service to the businesses where the equity is held, i.e., you cannot manage other companies.

Third-Party Approvals

The activities of Corporate Service Advisors/Providers (CSPs) do not need approval from third parties.

AML

If your Corporate Services business engages in financial transactions, such as accepting client payments, it is crucial to ensure compliance with Anti-Money Laundering (AML) regulations. This may entail conducting customer due diligence, maintaining records of financial transactions, and promptly reporting any suspicious activities to the appropriate authorities. Adhering to AML regulations is crucial for preventing money laundering and other illicit economic activities within your business operations.

In Conclusion

Setting up a Corporate Services Provider (CSP) business in Meydan Free Zone offers more than just a license—it provides access to a complete ecosystem built to support entrepreneurs and service providers. With a CSP license (7010.93), you can offer a wide range of corporate services, from company formation and trade license applications to visa processing, accounting, bookkeeping, bank account assistance, and document management, all while operating in a fully compliant and structured environment.

Beyond core licensing, Meydan Free Zone empowers businesses with mAccounting for easy financial management, mPlus for value-added support such as phone answering, medical assistance, and Emirates ID services, and access to over 2,500 business activities, enabling flexibility to expand or diversify your offerings. Entrepreneurs can also set up their business in just 60 minutes, making the launch process faster and more efficient.

Whether you are assisting startups, SMEs, or established companies with their corporate operations, Meydan Free Zone provides the infrastructure, digital tools, and vibrant community to grow successfully. Contact us today to start your CSP venture and become part of one of Dubai’s most dynamic free zones.

Ready to begin your journey? Calculate your business license cost now!