**UPDATE:** **🚨** The invoice turned out to be **fake / scam**. **🚨** Below is now for awareness. See below for more info:
[https://www.reddit.com/r/dubai/comments/1stswka/psa\_for\_uae\_business\_owners\_fake\_renewal\_emails/](https://www.reddit.com/r/dubai/comments/1stswka/psa_for_uae_business_owners_fake_renewal_emails/)
Hi,
In October last year, I set up a freezone company with Meydan. This was done through Virtuzone. Honestly, I don't have any actual business management experience and while I know roughly what kind of business I will be doing, I am still in the process of learning it and trying to figure out exactly what to offer, how to sell it and whether it will even work. So while I am trying, I haven’t actually done any activity with the company and it mainly exists for the visa.
The license is due for renewal at the end of September, but a couple of days ago I received an invoice from Meydan directly (which is curious as Virtuzone had not mentioned anything about it so far) - about 16k AED / $4,500 USD for license renewal, visa allocation, immigration card, co-working shared desk plus innovation and knowledge fees. I can see that's somewhat lower than what other people here have had with them and it's half of what I initially paid to get my residency here, but I'm not 100% sure.
But the main question I have right now - the invoice due date says "Upon Receipt", the expiry isn't until the end of September so do I actually have to pay the invoice right now, 3.5 months in advance? To be honest, I am not in the best position to pay it right now and I would much prefer to wait at least until August to see if I have any income by then, but I don't know when or if they would apply late fees or anything like that before the license actually expires.
Additionally, will this renew my visa itself or is that a separate cost to be taken up with immigration? (I have been told it is around 1-2k for a renewal which is annual although my visa is 2 years).
Can anyone advise please? Much appreciated.
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