This refers to an organisation or establishment that provides music-related education and training services. It serves as an academy or school where individuals can receive professional instruction and guidance in various aspects of music, such as learning to play musical instruments, vocal training, music theory, composition, and performance techniques.
The primary objective of this business activity is to foster musical skills, knowledge, and talent development among students, helping them pursue their musical aspirations and potentially build careers in the music industry.
The business activities that fall under Music / Training / Academy are:
Music training (9000.14): This refers to the provision of educational services focused on teaching individuals various aspects of music. It encompasses the instruction and development of skills related to playing musical instruments, vocal techniques, music theory, composition, and other musical disciplines. This business activity falls under the broader category of “Music/Training/Academy” because it combines the elements of music, training, and educational institutions. It involves the operation of a dedicated facility or academy where individuals can receive structured and specialised training in music, guided by experienced instructors or trainers. The purpose of music training is to nurture musical talent, enhance musical knowledge and skills, and prepare individuals for careers or personal growth in the field of music.
- Third-party Approval (PRE): Before obtaining a license from Meydan Free Zone, it’s necessary to obtain third-party approval from the Knowledge and Human Development Authority (KHDA).
- Filing of Economic Substance Return: Business activity 9000.14 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 9000.14 is exempt from this requirement.
Music consultancy (9000.16): This involves providing expert advice, guidance, and services related to various aspects of the music industry. It encompasses offering strategic, artistic, and technical expertise to individuals, organisations, or businesses involved in the music sector. Music consultants may assist with artist management, marketing and promotion strategies, event planning, copyright and licensing, music production, or other related areas. While Music Consultancy may not directly involve training or academy services, it falls under the broader category of Music/Training/Academy due to its association with the music industry and the provision of specialised knowledge and skills. It complements the training and educational aspects by offering professional guidance to musicians, music businesses, or individuals seeking advice in the music field.
- Third-party Approval: No third-party approvals are required for this business activity
- Filing of Economic Substance Return: Business activity 9000.16 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 9000.16 is exempt from this requirement.
