Shuraa

Blog

  • How to Start a Facility Management Company in Dubai

    Starting a facilities management company in Dubai is a smart business option. Why? Dubai is one of the fastest growing cities in the world in all aspects. It is not only the home to the world’s tallest building, Burj Khalifa. But, it also houses numerous skyscrapers which reflect its world-class infrastructure. Moreover, the city’s population of over three million mainly comprises expats. These residents live and work in varied accommodations and structures. And those needs quality maintenance throughout the year. Therefore, the following blog will answer how to start a facility management company in Dubai.

    One of the common queries received by business setup consultants is: How to start a facility management company in Dubai? However, first one needs to understand the services that facilities management companies, also known as FM services, provide.

    What comprises facility management (FM)?

    Facility management services include checking on the smooth flow of the operational aspects of any given building. For instance, a sports facility engaged in hosting players and games such as football, equestrian, golf, and water activities. The hired facility management company will be responsible for all the tasks concerning all the tasks concerning running these entities, preparing, and renting facilities, organizing activities, promoting products, and more. Furthermore, facility management services include maintenance of the building in terms of security, fire safety, electricity, plumbing, carpentry as well.

    Types of FMs in Dubai

    Facility managing companies engage in two broad types of activities:

    Hard FM

    This type refers to the services catering to the actual building structures and systems that make a facility run smoothly. This may include fire safety, alarm systems, plumbing, and other maintenance works such as corridors and elevators.

    Soft FM

    Meanwhile, soft services are those that support the main property management. This includes pest control, cleaning of the premise, maintaining the grounds and ensuring security.

    How to start a facilities management company in Dubai

    Entrepreneurs wondering how to start a facility management company in Dubai, need to get started by obtaining a professional / service license. Therefore, for any business setup in Dubai, acquiring a trade license is a must. However, which license suits your company, depends on the nature of the business activities you will be conducting.

    Documents required for starting a facilities management company:

    • Filled application form
    • Copies of passports (owner and all other partners)
    • A copy of Jinsiya (naturalization book of local partners)
    • No Objection Certificate from international partners’ sponsors if the expatriate is already on a work visa. If the shareholder is on a visit visa, the UID number of the shareholder is requested
    • Primary approval by the competent authority, depending on the form of business operation to be conducted
    • Ejari registration, rental contract, and name registration certificate

    Procedure for starting a facilities management company in Dubai

    There is a standard set of formalities entrepreneurs have to fulfil for license registration in the Emirate. So, here is a quick checklist to begin with:

    • Getting initial, name and TRA approvals
    • Attesting the MoA
    • Notarising the LSA
    • Paying government charges including license fee, yearly fee, Department of Economic Development fee, Tasheel fee, and non-Arabic name fee
    • Preparing Ejari (if required)

    In the next phases, you will be completing immigration-related formalities. This includes, applying for an immigration card, paying investor visa cost, and obtaining Emirates ID after getting a formal medical test.

    Finally, the last set of documentations required involves applying for a labour card and employee visa as required.

    With the above formalities complete, you are set for starting a facilities management companies in Dubai.

    Still wondering how to start a facility management company? Get expert assistance

    Although the arranging the documents required for starting a facilities management company in Dubai appears fairly simple, the process is not as easy for individuals., Therefore, it is better to get help from UAE company formation experts. The experienced and well-connected corporate advisors at Shuraa Business Setup, will walk you through the entire phase of how to start a facility management company in Dubai, while you can focus on your business goals.

    To get a FREE consultation, call on +971 44081900 or send a WhatsApp message to +971 501287254. Moreover, you can also send us your query via info@shuraa.com.

  • Difference between a Branch office and representative office in UAE

    Difference between a Branch office and representative office in UAE

    Before diving into explaining what the differences between a representative office and a company representation business are, let us learn about them individually.

    Defining representative office and company representation

    A representative office is a branch / extension of its headquarters. It is a small division which solely represents one company. All its activities and outputs are on behalf of the headquarters and to facilitate the main office’s business. Whereas, company representation enterprises are agents who can locally promote multiple foreign businesses. Moreover, this service is available for both commercial businesses as well as corporations.

    Moreover, the company representation businesses can also offer franchise models to international chain entities. They, however, need to obtain franchise agreement from the government. This legal document lists the expectations of the franchisor and entails all the operational aspects.

    Setting up a representative office in Dubai

    The following section will explain the process for setting up a representative office in Dubai as well as the documents required for the same:

    Process for setting up a branch office

    Depending on the headquarters’ nature of business, the branch office can either be a professional sole-establishment, or a commercial limited liability company. The overlapping procedure for setting up a branch office with either of the corporate structures includes:

    1. Obtaining initial and name approvals
    2. Payment of various government charges including Tasheel fee, license fee and yearly fee
    3. Getting your ejari (tenancy contract) done
    4. Acquiring TRA approval, LSA notarisation and company stamp
    5. Paying foreign name charges

    Documents Required for Setting Up a Branch Office in the UAE

    Here’s the list of all the necessary documents required to set up a representative office in Dubai:

    • Registration Certificate/Trade License: the documents should specify all the details related to the company’s trading name, type, date of registration, and authority where the company is registered.
    • Board Resolution: it includes the decision of the company to set up a branch office in UAE, and the details of officers, assigned representative, and the signatory of the bank account.
    • Certificate of Good Standing: this indicates that the company is sound, valid, and in good standing.
    • Article and Memorandum of Association: these documents include the type of business activity, full list of shareholders and partners, type of structure, and powers/authority of directors and managers who have signed the Board of Resolution.
    • Certificate of Incumbency/Extract from Registry: it includes the list of current shareholders, directors, secretaries, and officers in the company.
    • UBO Declaration Form: it specifies the partners who hold more than 5% share in the company.

    Documents required for representative office

    Sole Establishment (Individual Shareholder)Commercial Establishment (Corporate Shareholder)
    Passport copyPassport copy of the manager
    Visit visa or resident visa copyManager’s visit visa or resident visa copy
    Resident visa holders need to acquire a No-Objection Certificate (NOC) from the employer/sponsor and also a copy of the Emirates IDResident visa holders need to acquire a No-Objection Certificate (NOC) from the employer/sponsor and also a copy of the Emirates ID
    Passport size coloured photographPassport size coloured photograph
    Options on trade name / company name (to check their availability)Options on trade name / company name (to check their availability)
    Activity details of the company to be formedActivity details of the company to be formed
     Parent company’s documents –
    – Incorporation Certificate – Board of Resolution – Articles of Association – Share Certificate – Memorandum of Association

    Setting up a company registration business in Dubai

    This section will explain the process for setting up a company registration business in Dubai as well as the documents required for the same.

    Process for becoming a company registration agent

    According to the Department of Economic Development, this business falls under the services category. Therefore, a professional license is required for entities representing international companies in Dubai.

    The process includes – Obtaining initial and name approvals; paying various government charges including Tasheel fee, license fee and yearly fee; getting your ejari (tenancy contract); acquiring TRA approval, LSA notarisation and company stamp; and paying foreign name charges (if any). It is here where experienced business setup professionals will be able to guide you in the best direction.

    Documents required

    1. Passport copy
    2. Visit visa or resident visa copy
    3. Additional requirement for resident visa holders

        – No Objection Certificate (NOC) will be required from the employer/sponsor

        – Emirates ID and Passport size coloured photograph

    4. Options on trade name/company names (to check their availability)

    5. Activity details of the company to be formed

    Representative office vs company representation agent: Which one is beneficial?

    Businesses that are ready to test the international waters, may often wonder – Should we open up our own representative office in our target location or go with a company representation firm? According to company formation experts, it is wiser to choose a company representation agent and assess the market first. Based on that, they may later choose to set up a branch office by availing the appropriate license.

    Difference Between Branch and Representative Office in the UAE

    A representative office is a branch of a parent firm that serves to promote a foreign company and introduce its products to UAE businesses. A representative office cannot export, import, or distribute in Dubai.

    A representative office may only conduct promotional business for the parent company’s products and offerings. A branch office, on the other hand, can conduct business in the UAE in addition to serving as a marketing tool.

    • Activities – A representative office never deploys operations in sales, services, or any other type of commercial activity. Instead, it promotes/markets the parent company’s offerings by obtaining information and eliciting orders and projects for the parent company’s head office to complete. A branch office, on the other hand, can do all the business activities related to sales and services. This is the main differentiator for branch office vs representative office.
    • Local Service Agent – Each representative office, like a Branch, requires a local service agent (LSA). The LSA is not a shareholder in the company and has no financial obligations to it. We, at Shuraa, become your business setup agents at affordable costs and ensure that you enjoy complete operational and legal ownership of your business entity in Dubai.
    • Bank Guarantee – A representative office, like a branch, will be required to post a refundable security bank guarantee of AED 50,000 for the period of your license, which cannot be retrieved or used as operating capital.

    Still contemplating your options? Consult with experts

    If you are wondering how to go about expanding your business footprint in the UAE, talk to the company formation specialists at Shuraa Business Setup. They will put forward your options and walk you through the entire process. Furthermore, they will also give an overview of the documents required for setting up your representative office as well as partnering with a company representation agent.

    Get in touch by calling on +971 44081900. You can also send a WhatsApp message to +971 501287254 or drop an email to info@shuraa.com

  • Visa rules for Ras Al Khaimah free zone

    Visa rules for Ras Al Khaimah free zone

    The Ras Al Khaimah free zone (RAKEZ) is one of the biggest free zones in the UAE. It offers a plethora of benefits for company formation, including tax exemptions, hassle-free resource availability, and much more.

    Setting up your company in this jurisdiction requires obtaining the relevant approvals, one of which is the RAK free zone visa. In this article, we provide you with an overview of the visa types and the process in simple terms.

    This information equips you with all the knowledge required to start a company in the RAK FZ.

    RAK free zone visa types 

    Obtaining a visa is the most crucial part of your business journey in free zones in Dubai and the rest of the UAE. There are two kinds of visas, which further have two sub-categories each.

    The first type is the residence visa. This has to be obtained by the main party planning to stay in the UAE or the workers who are going to stay in the country. For instance, a person who wants to set up a business in their name in Dubai, or is joining a company or firm in any capacity would require either one of the residence visas.

    The next category is the non-residence visa. Note that this has to be obtained by the family members or visitors of the working resident. This kind of visa is imperative for the non-working members of the family to stay legally in the country.    

    Residence visas

    Investor visas are applicable if you’re investing in a company or are a shareholder of the same. These visas are valid for up to 3 years. Additionally, an absence from the UAE exceeding 6 consecutive months will automatically forfeit the visa.

    Qualified investors are eligible to apply for a real estate or property visa for themselves and their family’s stay in the UAE temporarily. Real estate visa holders can apply for multi-entrance residence visas.

    However, such visas must be renewed every 6 months and are applicable to property in different Emirates

    Employment visas

    Company managers, employees and staff members are required to apply for employment visas to work in the UAE. Like investor visas, these are also valid for three years. Furthermore, one cannot stay out of the UAE for more than six consecutive months for this visa to remain valid.

    Employment visas issued by the immigration department require prior approval from the UAE Ministry of Labour and Social Affairs. An employee in a free zone firm can bypass approval from the ministry and apply for the permit straightaway. 

    Although this makes the process a lot more streamlined, you cannot work ‘onshore’ (firms not set up in free zones) on a free zone employment visa. Why? It’s because you don’t possess a full UAE labour contract.

    Non-resident visas

    Family visa

    Family visas are for dependents of investors/employees working in the UAE. These are directly linked to the working status of the earning family member. Usually, they have to be renewed every three years.Moreover, one cannot be absent from the UAE for more than six consecutive months. The applicant’s dependents, including parents, spouse and children below 18 years of age will be granted a residence visa. 

    A crucial criterion to secure this visa’s grant is that the applicant must earn from AED 3,000 – 4,000 every month and have accommodation arranged.

    Visit visas

    These are for temporary visits by business partners, clients, family members or anyone related in a professional or familial capacity with the rest of the three types of visa holders.A visit visa permits a one-time visit. Such visits can range from 1 to 3 months. Note that these provisions further depend on the visa type.

    Procedure to obtain RAK free zone visas 

    Ras Al Khaimah free zone (RAKEZ) visa rules and procedures are the same as every other free zone. You need to submit the mandatory documents and secure other critical approvals. If you’re planning to apply for a free zone visa, it’ll be helpful to go through the brief breakdown of the procedure given below:

    1. e-Channel Service

    The first step is to register with the e-channel service. This is an online visa approval platform designed by the authorities for a seamless visa application process.It cuts through unnecessary and repetitive paperwork and makes the entire process transparent and efficient. A mandatory registration fee and a refundable deposit are required.

    2. Entry Permit

    The next step is to obtain an entry permit or an employment visa. Such permits are issued 15 days post-application, but an AED 1,000 payment can fast-track the delivery to 7 days. Additionally, the permit is valid for six months. A visa applicant has to stay in the UAE till all the processes are completed.

    3. Status Adjustment

    Status adjustment on change is a process necessary for activating the entry permit. There are three ways for status adjustment.  The in-country process is for people living in the UAE. It involves submitting your passport to the immigration department, which will be returned in 3-5 days after being stamped.

    If you are not present in the UAE while the visa is issued, you can opt for the out-of-country process. Exit and re-enter UAE and present your printed visa to an immigration officer at the airport, who will stamp it.

    Medical Test & Emirates ID Registration

    The Ras Al Khaimah visa medical test is a mandatory fitness test involving a chest X-ray and blood test for infectious diseases. The results are given in 3 working days. Next, you need to obtain an Emirates ID card. You’ll have to visit the ID authority since biometric details like fingertips and eye scans are required. The ID card is vital for verification when it comes to legal matters like opening bank accounts or signing tenancy agreements.

    How much is the Ras Al Khaimah residence visa fee?

    The RAK residence visa ensures your stay in the UAE is risk-free. Remember, you’re charged AED 25 for each day you spend in Ras Al Khaimah if your visa has expired. This penalty is applicable for the first six months.

    The fine goes up to AED 50 per day beyond six months and AED 1,000 for each day after a year has passed. Therefore, RAKEZ visa renewal is critical and should be finished a month before expiry.

    Coming to the cost, the Ras Al Khaimah residence visa fee is around AED 1,000 for a one-year visa. Note that special provisions apply to students completing their education in the Emirates. 

    Such a visa costs approximately AED 100 for a year and can be renewed once (from the graduation date). The best part is that parents don’t need to make any separate bank deposits for this visa.

    How to cancel the RAKEZ visa?

    The RAKEZ visa cancellation process is straightforward and doesn’t take much time. First, you need to visit the Government Services Portal, fill out the application form, and take a print of the same. 

    Next, you need to make the payment for visa cancellation and submit the application to  the jurisdiction. The concerned authority processes your cancellation request and forwards it to the RAK immigration department.

    You’ll be contacted by the RAKEZ administration once they receive the e-cancellation document from the immigration department. That’s it! You have successfully cancelled your Ras Al Khaimah property residence visa.

    What is a RAKEZ freelance visa?

    Freelancing is a cost-effective solution for new-age entrepreneurs and individuals looking for work flexibility and financial freedom. You can work as a professional freelancer in RAK when you have a freelance visa Ras Al Khaimah.

    The workstreams under a freelance permit include:

    • Information and technology 
    • Media and entertainment 
    • Education and tutoring 
    • Consultancy and advisory 

    What’s more, you can freelance while working if you can get a NOC from your current employer!

    The various benefits of a freelance permit in RAK include:

    • Visa and business license affordability
    • Complete control over business operations and legal ownership
    • No auditing obligations
    • Allowance to carry out invoicing transactions from your personal bank account
    • Optional VAT registration (mandatory if annual income surpasses AED 187,000)
    • Securing a large physical office space is not mandatory (flexi-desk solutions, business centres, etc., are available)

    Call Shuraa for your business setup needs 

    Obtaining a visa is one of the most important tasks when it comes to working in the UAE free zones. Errors or omissions in the visa approval stage can set your business back by a lot of time, and can also attract legal scrutiny.  

    Hiring a professional agency that knows the lay of the land is the best way to go. When you collaborate with us, you can say goodbye to all your business setup worries. Call us today on +971 44081900. We’re also available on WhatsApp at +971 50777 5554. For an email inquiry, write to us at info@shuraa.com. 

  • How to Start a Small Business in Dubai

    With a population of more than three million and a fair influx of visitors, aspiring entrepreneurs can fare well with a small business setup in Dubai. When you think of a startup, the initial picture could be that of a corporate office with young workers, a football table and a swanky pantry. However, there are numerous possibilities when one wants to start a small business in Dubai.

    Starting small could mean providing consultation based on yours expertise from a desk space or opening a tea stall next to a parking lot, or even selling groceries. The possibilities for small business setup in Dubai are vast. However, one needs to bear in mind some important factors before they start a small business in the UAE.

    How to Start a Small Business in Dubai, UAE

    1. Finding sponsorship

    Without a doubt, starting a small business in Dubai will be on the steeper side. From obtaining various permits, renting out space, furnishing it, buying equipment, getting supplies, and paying staff salaries, to promoting your business, the process might be an expensive affair.

    If you do not have the required funds, find a like-minded partner, or consider taking out a business loan. Most banks in the city do not require any collateral, offer flexible repayment plans, and have simple documentation processes.

    Although the amendments made to the Commercial Companies Law allows expat entrepreneurs to have 100% ownership of their business, the deposits required for the same are quite high. Therefore, if you want to do business on Dubai Mainland, you should partner with a local sponsor. This local partner will act as your service agent who will charge you a mutually agreed annual fee.

    2. Preparing documents for business setup

    This involves several government agencies inspecting, approving, and issuing various permits you will require for your business operations. The main document required for setting up a small business in Dubai is your trade license, which is either issued by the Department of Economic Development (DED) or the respective free zone authority under which your business will fall based on your choice of location.

    Below are the basic documents you would have to keep handy while applying for a small business license in Dubai:

    Depending on the nature of your business, you might need to get some formal permits. For instance, to open a restaurant in Dubai, you need to obtain a trade license from the DED or the respective free zone authority or the Department of Tourism and Commerce Marketing (DTCM) depending on your location, a food and safety license issued by the Department of Food and Safety, and an NOC is required from the Dubai Municipality.

    4. Choosing location for business

    The address of your office or store speaks for your brand, which is important for your business. Dubai has specific areas which are suitable for certain categories of businesses. For example, Sheikh Zayed Road and Business Bay host premiere corporate offices, Dubai Healthcare City houses specialty clinics and hospitals, Media City is home to the branches of several international media companies, DIFC is the hub of financial institutions, and the industrial areas are where most of the assembling and manufacturing units are located.

    However, there are other factors to bear in mind while choosing your business location. Its proximity to public transportations such as bus and metro stations so that your employees and potential clients can travel conveniently, the availability of eateries and convenience stores, and parking facilities among others.

    Moreover, the interiors of your workplace matter too. The decor, vibe, pricing, and personal touches including furniture and lighting also play a major role in attracting clients as well as creating a healthy work environment. The city has no dearth interior designers and companies offering complete furnishing solutions at competitive prices.

    5. Set up a business with the right staff

    Your hiring choices could make or break the project, so, take your time to find the right people to run the show. Inquire not only about their past experience, but also try to figure how they get along with colleagues, large teams, and deal with clients under pressure. You can outsource this to a staffing company. Furthermore, you can also get their visas and documentation done via professionals with expertise in the field.

    6. Marketing

    Newly opened businesses in Dubai need to advertise themselves across varied platforms, including print and digital mediums. Having an in-house IT team would ensure your visibility in this fast-paced world with rapidly evolving technology.

    Associating with a public relations company dealing with clients in the relevant industry is a good idea as you might already have too much on your plate. Trust these executives to prepare press releases, run social media campaigns, organize promotional events that help your company step into the limelight.

    7. Get professional assistance

    The process of establishing your own company might sound overwhelming given the investment and multiple factors mentioned above, but you can get help at every step on your journey with expert consultants at Shuraa Business Setup.

    The team will advise and assist you with both planning and walk you through the formalities required to start a small business in Dubai. From helping you choose an ideal property for your dream project, identifying a local sponsor and getting the paperwork sorted at various stages, to getting special permits, Shuraa spells success. Furthermore, the company will also guide you with financial aspects and take care of PRO services.

    How Much Does It Cost to Start a Small Business in Dubai?

    Numerous factors influence the small business license cost in Dubai. Your business operations, license type, location, and other factors are among them. A trading license for your small business can also be issued for as little as AED 20,000. 

    Therefore, any amount between AED 20,000 and AED 30,000 is considered a safe bet. It’s vital to remember that the small business license cost in Dubai will increase if you require special privileges. 

    For example, regulations like a foreign trading name or governmental approval add to the entire cost. You can reach out to Shuraa’s company formation experts, and we’ll help ensure you don’t overpay at any time during the procedure for starting a small business in the UAE.

    Required Documents for Starting a Small business in the UAE

    Here’s a list of documents you need to start a small business in Dubai: 

    • A descriptive business plan document
    • Duly filled application form
    • MoA and LSA agreements
    • Payment receipt of trade name registration
    • Passport copies of all the stockholders in your company (if any)
    • NOC from your service agent
    • A valid tenancy contract

    10 Best Small Business Ideas in Dubai, UAE

    We list down the most profitable small business opportunities in Dubai, UAE.

    1. Events company
    2. Restaurant/Cafe
    3. Home Cooked Food Delivery
    4. Health and wellbeing
    5. Transport
    6. Construction
    7. Real estate
    8. Cleaning services
    9. Web development
    10. Recruitment Agency

    To learn more, contact Shuraa at +971 44081900. You can also send a WhatsApp message to +971 501287254 or drop an email to info@shuraa.com

  • How to Start an E-Commerce Business in Shams Free Zone?

    How to Start an E-Commerce Business in Shams Free Zone?

    E-commerce is a thriving business worldwide, and there is an especially huge market for it in the UAE. With a diverse population and customers in every segment, one can greatly benefit by an e-commerce business setup in Sharjah or anywhere in the UAE.

    Due to the restrictions and lockdowns that have been enforced since the pandemic, many customers preferred the online medium for their purchases. As the digital age continues to prosper, the opportunity is huge.

    Today, most of the population is tech-savvy and prefers to shop and do business via online platforms, making this the opportune time to shift focus from physical to digital.

    For those looking to start an e-commerce business setup in Sharjah, the Shams free zone is one of the best options available. With huge investments and demands on the digital front, Sharjah Media City or Shams free zone is a popular option among young entrepreneurs and digital businesses.

    The great benefits that the free zone offers to e-commerce businesses and other digital business setups make it the perfect option to cater to the Middle East’s fast-growing market.

    If you are among those who want an e-commerce business setup in Sharjah, here’s all you need to know about the Shams free zone and the process to get an e-commerce license in Sharjah.

    Why choose the Shams free zone?

    Launched in 2017 as an initiative to promote business and digital activities in the region, Shams free zone is a world-class hub for businesses and entrepreneurs to embark on their journey in the UAE. Shams free zone offers an accessible and vibrant ecosystem for e-commerce, digital, and other futuristic activities to thrive in the region.

    The Shams free zone provides several benefits to companies such as:

    • Full ownership of business: Free zones allow foreign investors to get 100% ownership of their business, unlike the mainland, where expats have to partner with a UAE national to be able to obtain a business license.
    • Full profit repatriation: Free zone expats can repatriate all their profits to their home country, meaning the freedom to transfer 100% of their capital to their place of origin without any requirements.
    • 0% import or export tax
    • Range of business activities: The free zone supports a range of business activities, making it easy for individuals to connect and network. Shams free zone is the centre of activities in import & export, marketing consultancies, event management businesses, e-commerce, media and other services.
    • Fast & easy setup process for getting a business license.
    • Multiple license requirements: The Shams free zone offers four types of licenses which are – service license, industrial license, trading license and holding license. These are great for any type of business size and requirement.
    • Register from the comfort of your home, as all the required documents can be sent to Shams free zone without requiring a physical presence for submission.
    • Flexible visa packages, allowing shared desk facility and up to 6 visas for employees. SHAMS free zone additionally also allows holders to sponsor family members and dependents.
    • Access to co-working spaces and cost-effective business setup for entrepreneurs and e-commerce companies. Shams free zone also offers facilities like Wi-Fi, printers, and other basic requirements at its facility.

    Specifically for e-commerce companies, The Shams free zone offers great benefits such as –

    • Easy access to trade, service and industrial licenses 
    • Great opportunity to expand in the region as it offers low-cost business setup and support 
    • Availability of a huge market that can allow a range of products or services 
    • Fast setup process and presence of a supportive community for e-commerce to yield maximum business benefits 

    What do you need for e-commerce business setup in Sharjah? 

    For your e-commerce business setup in Sharjah, you need to get a business license for e-commerce companies. To start this, there are a few things that you need to consider – 

    • Products that you will be selling: In free zones, companies cannot sell products directly to the customers. But companies can have agreements with the suppliers before listing these on their platform. Licensing requirements also differ as per the products being sold. This requires the e-commerce business to have a proper plan of what they will be selling. 
    • Warehouse requirements: Most e-commerce businesses directly sell the products from the dealer to the customer. However, if there are any storage requirements, the company needs to have a mandatory warehouse license. 
    • Customs and product registrations: Since the dealers and manufacturers need to be registered with the local authority, e-commerce companies need not be responsible for the product registrations of customs. However, if you plan to procure the products yourself, you need to have the required supplier registrations and pay the customs duty as applicable. 

    To obtain an e-commerce license in Sharjah, you can follow a few simple steps – 

    1. Ensure that you have all the required documents for the application, including the Memorandum of Association.
    2. Register the trade name of your business; make sure this is unique and follows the required mandate.
    3. Decide on office requirements, warehouse and staffing needs.
    4. Pay the Shams fees – for starters, a media package with an e-commerce business and zero (0) visa allocation starts at AED 5,750. For companies that need to acquire a visa, packages start at AED 9425. Freelancers or a single shareholder with an e-commerce business activity and zero visa allocation starts at AED 5,750. 
    5. You are all done – if you meet all the requirements, you can get your e-commerce license in Sharjah. 

    Get started on your business journey with Shuraa 

    The Shams free zone comes with a business setup featuring extravagant office space, smart desks, and shared offices to fit every budget. With Shuraa Business Setup, we can help you start a business in the UAE and gain the Shams free zone License at low-costs. 

    Therefore, this is a fantastic opportunity for companies, freelancers, and entrepreneurs who want to expand their business in the emirate of Sharjah. 

    If you think that getting a business license in Sharjah is complex and time-consuming, having a knowledgeable advisor by your side is extremely valuable. By providing you with all the know-how on the process and the regulatory requirements, you can get a head start and get all the approvals faster.  

    For an e-commerce license in Sharjah, you need to provide the right documents, and any lapses carry the risk of instant rejection. So, while these steps will help you make the process a lot simpler, you need to consider having an expert by your side to seek proper guidance and help you out through the entire process. 

    To get started and find out more, you can call Shuraa experts at +971 44081900 or send a WhatsApp message on +971 50 777 5554 . You can even drop in an email at info@shuraa.com and get your queries answered. 

  • How to Start a Project Management Business in Dubai, UAE

    How to Start a Project Management Business in Dubai, UAE

    Dubai is not only a global hub for tourism and commerce, but also a thriving hotspot for businesses of all sizes and industries. As the economic epicenter of the United Arab Emirates (UAE), Dubai offers an abundance of opportunities for both local entrepreneurs and international investors. If you’re looking to start a project management company in Dubai, it can be a strategic move with loads of advantages.

    Project management involves the process starting from planning to organising the resources of a company to facilitate the progress of a given task or an event. The project could be a one-time gig or an ongoing one.

    The project manager would also be responsible for handling the resources including intellectual property, manpower, finance, technology, and equipment. 

    So, let’s understand more about how to start a project management company in Dubai and the benefits that comes with it.

    What is Project Management Company in Dubai?

    A project management company in Dubai is a business that provides project management services to clients in the Dubai area. These services can include: 

    • Planning and managing the project from start to finish. 
    • Scheduling and coordinating the activities of the project team.
    • Managing the budget and resources of the project 
    • Communicating with stakeholders and keeping them updated on the project’s progress. 
    • Identifying and resolving risks and issues 
    • Ensuring that the project is completed on time, within budget, and to the required quality standards.

    The purpose of a PMO is to improve project performance, ensure consistency and alignment with organizational goals, and enhance overall project management capabilities.

    Understanding About the UAE Project Management License

    In the UAE, a “project management license” is the official business license required to legally operate a company that provides project management services. To obtain one, a company must register with a licensing authority (like the Dubai Department of Economy & Tourism or a free zone), select a trade name, and submit the required documents.

    For individual professionals, there is no specific government-issued license. Instead, they typically validate their expertise through international certifications like the Project Management Professional (PMP) and work under a company that holds the necessary business license.

    Key Benefits of Establishing a Project Management Office in Dubai

    Dubai’s dynamic and rapidly expanding economy creates a powerful demand for structured and effective project execution. Establishing a dedicated Project Management Office (PMO) positions your business to tap into this potential while offering significant advantages for you and your enterprise.

    Here’s a look at some of the compelling benefits:

    • Diverse and Expansive Business Scope: A project management license in Dubai is your key to a remarkably wide market. It allows you to oversee projects of every scale—from managing IT infrastructure and digital marketing campaigns to leading large-scale construction and development ventures.
    • Streamlined Residency and Banking: Setting up a PMO facilitates obtaining a UAE residency visa, providing long-term stability. This visa allows you to sponsor your family members and is a fundamental requirement for opening a corporate bank account, simplifying your financial management.
    • Full Business Ownership and Control: Enjoy the freedom of 100% foreign ownership of your business. This gives you complete autonomy over your company’s strategic direction and decision-making, free from the need for a local partner.
    • Favorable Tax Environment: Benefit from Dubai’s attractive tax regime, which features minimal corporate tax and no personal income tax. This allows you to reinvest a greater share of your profits back into growing your business.
    • Operational Flexibility: Uniquely, project management offices are not mandated to have a physical office address in their first year of operation. This reduces initial overheads and provides greater flexibility as you establish your presence.
    • Access to Prestigious Projects: A PMO enables you to bid on and manage significant government and civic projects. This opens doors to large-scale, high-impact work and diversifies your project portfolio.
    • An Unmatched Quality of Life: Beyond business, Dubai offers an exceptional living experience. Renowned as a global, interconnected hub, it provides a safe, luxurious, and cosmopolitan lifestyle with world-class shopping, dining, and entertainment, making it an ideal place to live and work.

    Add to this, the city was recently voted one of the safest places in the world to live in. Furthermore, Dubai is also known for its shopping destination, multi-cuisine delights and tourist attractions. 

    How to Start a Project Management Business in Dubai

    Securing a project management license is your key to operating legally in Dubai’s vibrant market. The process involves several clear steps, primarily determined by whether you choose to set up in the mainland or a free zone.

    Here is a breakdown of the essential steps to establish your company:

    Step 1: Choose a Business Structure

    Choose an appropriate legal structure for your company, such as a Sole Establishment, Limited Liability Company (LLC), or Free Zone Company. 

    • Limited Liability Company (LLC): Ideal for most foreign investors, an LLC provides limited liability protection and is a widely recognized structure for mainland operations.
    • Sole Establishment: A straightforward option for individual entrepreneurs, though it does not offer the same liability protection as an LLC.
    • Free Zone Company: Established within one of Dubai’s specialized zones, this structure offers benefits like 100% foreign ownership, tax exemptions, and a streamlined setup process.

    Your choice will depend on your business goals, desired location, and the level of liability protection you need.

    Step 2: Choose your Company Name

    Select a unique name for your enterprise that aligns with Dubai’s naming guidelines. The name must not be offensive, already in use, or imply any connection to government entities.

    Step 3: Apply for Your Project Management License

    This is the core of the setup process:

    The application requirements, including necessary qualifications for project managers, will be specified by the respective authority.

    Step 4: Open a Corporate Bank Account

    Once licensed, you can open a corporate bank account. This is essential for managing your business finances, processing payments, and covering operational expenses.

    Step 5: Initiate Visa Processing

    With your company established, you can begin the visa application process for yourself and any employees you plan to hire through the relevant government portal (GDRFA) or your free zone authority.

    After completing these steps and receiving your license, you are fully equipped to legally operate your project management company in Dubai.

    Documents Required to Start a Project Management Company in Dubai

    Here are some of the documents that you will need to submit to obtain a Project Management License in Dubai: 

    • Trade license application form 
    • Passport copy of the proposed owner/s 
    • Two colour passport-size photos of shareholders and directors 
    • Any additional documents specified by the licensing authority. 

    However, it’s essential to note that regulations and requirements may change over time, so it’s advisable to consult with a business advisor like Shuraa Business Setup to ensure compliance throughout the process.

    Project Management License Cost in Dubai

    The average cost of a project management license in Dubai is approximately AED 15,000 to AED 25,000*. The cost varies based on the business structure and activities.

    For an accurate cost assessment and professional setup assistance, get in touch with Shuraa.

    Seamless Business Setup in Dubai with Shuraa

    Starting a project management company in Dubai can be a great way to capitalize on the growing demand for project management services in the city. However, it is essential to be aware of the regulatory requirements and cultural and communication challenges that you will face. 

    Dubai’s business environment offers immense opportunities, but it also demands a careful approach to understanding the unique dynamics of the region. 

    Also, to simplify this process and ensure a smooth journey into the Dubai business world, expert assistance is crucial. That’s where Shuraa Business Setup comes in. With over 26 years of experience, Shuraa has been a trusted partner 100,000+ entrepreneurs in establishing their businesses in the UAE.  

    Our comprehensive services, including company registration, documentation, translation services, sponsorship support, business licensing, rented office space, PRO services, and more. Our services are designed to make your business setup process seamless and hassle-free. 

    Whether you have questions about business establishment or need assistance with any aspect of your Dubai venture, we’re here to guide you every step of the way.  

    Contact us by phone at +971 4 4081900, via WhatsApp at +971 50 7775554, or by sending an email to info@shuraa.com. Your path to success in Dubai begins with Shuraa Business Setup.

  • Decoding the AED 5,750 company formation package

    Decoding the AED 5,750 company formation package

    Even for a young nation, the UAE has placed itself as the economic hub of the Middle East. And for a good reason. There are several contributing factors which attract a huge influx of investors and entrepreneurs annually. One of the primary reasons is low cost free zone business setup in UAE.

    Entrepreneurs can begin their business ventures for just AED 5,750. How? By choosing the Sharjah free zone business setup package. However, it is important to understand what the package entails. Whom is it suitable for? How can one avail it? What are its benefits?

    The following column explains in detail the cheapest free zone license in UAE. 

    What does the AED 5,750 package constitute?  

    Rolled out by Sharjah Media City (SHAMS), the AED 5,750 package is designed for the formation of media companies. The offer, however, is only valid for Sharjah free zone business setup. The media license is a professional / service type of trade license issued by SHAMS. But, the package does not include any visa.  

    Entrepreneurs can engage in any one of the 13 activities allowed under the media license:

    • Advertising
    • Digital marketing  
    • Programming and consultancy  
    • Media production  
    • Photography  
    • Web portal
    • Printing  
    • Market research  
    • Graphic design  
    • Fashion design  
    • Interior design
    • Publishing  
    • Translation services  

     To add more activities under your trade license, you need to pay AED 1,000 per activity.

    Whom is the SHAMS package suitable for?

    As the AED 5,750 package is promoted as the cheapest free zone license in UAE, it is most favourable for startups. However, it is open for all, including non-residents.  

    Below are some of the businesses for which getting a media license in the Sharjah free zone business set up is advisable and an evaluation of why the SHAMS package is recommended:

    Residents of the UAE

    One of the primary reasons for company formation is to avail resident visas for one’s family as well as employee visas. Although the package can be availed by foreign investors, the purpose of setting up a business in the UAE is not served. Why? It does not include any visas, which is one of the perquisites for opening a bank account in Dubai. Therefore, it makes more sense for people with UAE residency visas to apply for the SHAMS media license.  

    Entrepreneurs who are employed and owners of other existing businesses  

    To apply for a media license in SHAMS, you do not need to obtain a No Objection Certificate (NOC) from your current sponsor. Therefore, people who are have a job can also start their own business ventures by availing the Sharjah free zone business setup package. 

    Benefits of availing the SHAMS business setup package in UAE  

    Not only is the SHAMS media package a gateway to low cost free zone business setup in UAE, but it also has other benefits:  

    100% foreign ownership with a Limited Liability corporate structure  

    Usually on the mainland, businesses with professional / service licenses do not prefer an LLC structure as this would require them to partner with a local sponsor who would mandatorily own 51% of the company shares. In SHAMS, however, your media company can have a limited liability corporate structure along with 100% expat ownership. The main advantage of having a limited liability structure is that in case of any untoward future event, your personal assets would remain safe as the company’s liabilities would suffice to deal with the situation.   

    Low cost free zone business setup in UAE  

    For aspiring media entrepreneurs, the package serves as a reasonable means of getting their own legal business with low investments and gaining hands-on experience. Therefore, startups can certainly consider getting the SHAMS media license.  

    Hassle-free company formation

    The documentation for acquiring a SHAMS media license is quite simple. You just have to submit a copy of your passport, visa, Emirates ID and photograph. Also, you can get the license without being physically present in the Emirate. Furthermore, you can upgrade your license according to your convenience to apply for any number of visas.

    To learn more about low cost free zone business setup in UAE or apply for a SHAMS media license, get in touch with Shuraa Business Setup. The free zone specialists at Shuraa will help you explore all possible options so that you can avail the cheapest free zone license in UAE. For enquiry, call on +97144081900 or drop a WhatsApp message to +971507775554 or simply send an email at info@shuraa.com.

    Author
    Neha Tyagi
    Corporate Advisor | Free Zone Specialist

  • How to Renew Trade License in Dubai, UAE

    How to Renew Trade License in Dubai, UAE

    Dubai is one of the countries that has made it compulsory for every firm and organization to have a business license. For the same reason, annual trade license renewal in Dubai is compulsory. This process is under the supervision of the Department of Economic Development in Dubai. The license renewing process is straightforward, but you might need to deal with a lot of documentation.

    It’s very important to renew a license in time, and if not renewed it can cause problems such as penalties, banning of business, or some other serious issues. Before you learn about license renewal you must be aware of trade licenses. To establish a business or trade in a particular country, applicants need to have a written document that provides them the legal permission to carry out their activities. The license does not allow any trade except the one it has permitted.

    Furthermore, it does not give any ownership of property on which the applicant is trading. It’s just a simple document that shows the legality of your business. If you have set up your business in Dubai, it’s imperative to get your trade license and renew it from time to time to ensure the smooth functioning of your company. You don’t have to worry about the process of trade license renewal in Dubai when you partner with local business setup consultants.

    Documents Required for Trade License Renewal in Dubai

    The trade license you are issued is valid for only one year and must be renewed yearly. The application for renewal of the trade license must be submitted before 30 days of expiry. In case you fail to do the same, a late fee can be imposed on you, which is AED 200 per month (excluding external penalty, if any). There are almost 50 free zones in the UAE, and all have their unique requirements for the trade license renewal process. Below is the list of required documents:

    • Ejari registration: For renewal of the license, it’s necessary to possess a registration certificate from Ejari. It’s compulsory to have a tenancy certificate that is approved by Ejari, or else a fine will be imposed on you.
    • Tenancy contract with validity: To renew the license one must have a tenancy contract that still has a validity of one month or more. For applying you must first check and verify your tenancy contract. Moreover, this contract must be confirmed by Ejari. If your contract does not have a validity of at least one month, your trade license renewal request can be rejected under legal obligations.
    • A copy of your old trade license: You need to attach a copy of your old license to get it renewed. You cannot apply for a trade license renewal if you don’t have the mandatory permits that allow you to carry out your business activities in the UAE.
    • BR/1 form: BR/1 form is a license renewal form that must be filled and submitted to start the process. You must type a BR/1 form with the signature of existing partners and submit it to the DED for approval. All the documents must be attached to this form before submitting.
    • Photocopy of passport of all business partners: A passport photocopy of each business partner must be mandatorily submitted to show the stakeholders involved in your business. If you don’t have any partner you shall submit only yours.

    You can submit your renewal form to the DED with all these mandatory documents. Moreover, there are two processes of applying for renewal, i.e., online and offline. You can choose any one of them at your convenience. All regulatory procedures and evaluations are performed by the governing bodies in Dubai irrespective of the application method.

    Process to Renew a Trade License in Dubai

    To renew a trade license in Dubai, businesses need to submit an application to the Department of Economic Development (DED), either online through the Invest in Dubai or Dubai Economy and Tourism (DET) e-services portal, or through authorized service providers. The process involves verifying information, uploading necessary documents (like the tenancy contract, license copy, and partner passport copies), and paying the renewal fees.

    Steps for Renewal:

    1. Access the DED Portal: Log in to the DED e-services portal using your UAE Pass or DED account credentials.
    2. Locate Renewal Section: Navigate to the “My Transactions” section and click on “Renew License”.
    3. Enter License Details: Specify the license number you wish to renew.
    4. Verify Information & Upload Documents: Review the license details and upload required documents such as a copy of the current trade license, valid tenancy contract (Ejari), and passport copies of all partners.
    5. Submit Application: Once all information is verified and documents are uploaded, submit the renewal application.
    6. Pay Renewal Fees: After the application is processed and approved, you will receive a payment voucher for the renewal fees. Pay the fees through the provided channels.
    7. Receive Renewed License: Upon successful payment, your trade license will be renewed, and a digital copy of the renewed license will be sent to your registered email address.

    Important Considerations:

    • Ensure your tenancy contract is valid for at least one month beyond the renewal date.
    • Keep your Ejari registration certificate valid to avoid issues during renewal.
    • Consider using the Invest in Dubai platform or service centers for convenient renewal options. or you can get in touch with Shuraa Business Setup Consultants.

    How Much Does It Cost to Renew a Trade License in Dubai?

    The cost of renewing a trade license in Dubai varies depending on the business type and jurisdiction but generally ranges from AED 8,000* to AED 15,000*. Consulting with business setup consultants can help minimize costs and ensure a smooth renewal process.

    The best part is that you can avail the trade license renewal Dubai discount for accommodation fees if you have a residential Ejari. Furthermore, you can also get sizable discounts on the overall Chamber of Commerce fees.

    What happens if you will not be renewing your trade license in Dubai?

    A valid trade license is one of the critical factors that ensure smooth business functioning in the UAE. Trade license renewal in time saves you from the possibility of banning or blacklisting your company. Always keep a check on your tenancy contract and trade license. Note that if you fail to renew the license before the expiration date, it can lead to legal repercussions. Some of them include:

    • Penalties: The DED in Dubai has all legal rights to impose monetary fines on businesses that don’t renew their trade licenses. A penalty of AED 5,000 can be imposed on the institutions that operate without a trade license. Furthermore, a penalty of AED 250 per month is applicable on traders who trade after the expiry of the trading license.
    • Blacklisting business: The company that operates without a trade license or with an expired one exposes their business to the risk of being blacklisted. This will lead to the termination of the operation of the entire company.
    • Banning the company: If you operate your enterprise with an invalid trading license in the UAE, the DED can shut down your company at any time. This is a serious consequence, and you may not be able to re-establish your enterprise in Dubai.

    How Shuraa Can Help to Renew Your Trade License

    Renewing your trade license in Dubai is now quicker and simpler than ever with Shuraa Business Setup! Our expert business consultants guide you through every step—from document preparation to approvals—ensuring a seamless renewal process.

    Let us handle the paperwork while you focus on growing your business. With Shuraa’s end-to-end support, your license renewal is in trusted hands.

    Why wait? Get in touch today!

    Call: +971 44081900
    WhatsApp: +971 50 777 5554
    Email:info@shuraa.com

    Smooth renewals. Smarter business growth.

    Disclaimer: The information in this post is for general guidance only and may change due to updates in government policies or regulations.

  • Start your business in Dubai while being employed

    Start your business in Dubai while being employed

    The UAE ensures that its workforce is happily employed and enjoys a work-life balance at good packages. The companies in Dubai follow an employee-first approach to ensure that their workforce is imbibed with enthusiasm and the will to become productive. However, many employees want to start a business while being employed to explore a legal side hustle.

    To do so, all you need to do is obtain an NOC (no objection certificate) from your employer and apply for a trade license under your visa.

    Note that it’s up to your employer’s discretion to accept or reject your NOC application. Now, you must be wondering, “Can I start my business while being employed if the NOC request is rejected?” The answer is YES. There are several free zones in the UAE that don’t require you to submit an NOC for launching your business while still being a legal employee in Dubai. The best way to go about it is by partnering with legal advisors who guide you throughout this process.

    How to start a business in Dubai while being employed?

    It is recommended to apply for an instant license to start a business while being employed in Emirates. Here are the steps you need to follow:

    1.  You can visit a DED counter to get an instant license. However, if you wish to apply on your own, you need to obtain the UAE pass. For doing so, you need to register on the official portal using your Emirates ID. Once done, you need to visit the DED’s website and update your business profile. This is a critical step to ensure that the government bodies are aware of your legal status in the UAE.
    2. Next, you need to create your account on the DED’s website by providing the required details. You can take the help of Shuraa’s business consultants to make this process smooth and risk-free.
    3. You can then follow the step-by-step process on the DED website to acquire your instant license. You’ll need to provide the trading name of your company alongside the list of stakeholders and the business activities that you wish to carry out. Don’t forget to mention the details of the UAE sponsor that you’ve partnered with.
    4. Post that, you will have to sign the electronic MoA and submit it for the department’s approval. You can do this this manually as well.
    5. You’ll also need to provide the approval of your business partners. A message of consent is sent automatically to all your partners.
    6. The last step is to generate the payment voucher for your license. Once the voucher is active, make the necessary payment and you’re done.

    Why obtain an NOC?

    Whether your employing company is situated in a free zone or mainland, or your venture will be located on either, it is suggested that you obtain an NOC. The certificate from your existing sponsor would provide you with an immunity in case any future dispute arises.

    How to open your company without the NOC?

    Companies have their requirements and aren’t bound to approve your NOC request. While many employers in the UAE allow their employees to enjoy a legal side-business, some reject the application due to compliance and security policies. However, you don’t have to worry. You can still launch your company in Dubai by following the methods given below:

    Utilize the visa of your spouse

    If you’re in the UAE with your family and your NOC application isn’t approved by your employer, you can use your spouse’s visa to open your dream company. Remember, it’s illegal to start a business in Dubai if you’re already employed, and you open your company with the same visa. Therefore, you should utilize the visa of your spouse and name his/her as the Managing Director of the new business.

    Apply for a DED instant license

    You can obtain an instant license from the DED to do your business activities under special guidelines maintained by the government. In such a case, you don’t need to submit any physical documents, and it’s better to get in touch with the business setup consultants in Dubai to obtain the instant license.

    To start a business while being employed, choose the appropriate free zone

    You can start a business while being employed even if your NOC is rejected and you don’t have a spouse in the UAE. How? Open your company in any of the free zones mentioned below:

    You can choose any of these free zones depending on your business activities and functional requirements. The best part is that none of these regions require a no-objection certificate from the employed people to launch their venture in the UAE. Furthermore, freelancers don’t need to acquire the NOC from their clients to start a business in Dubai. They can continue to work for their customers and run their license-based business in parallel without any trouble.

    Shuraa – your reliable business partner

    Starting a business while being employed is legal in the UAE, given you follow the guidelines to do so. You can’t violate the laws by opening a company without obtaining the NOC from your employer in the restricted regions. However, when you consult with Shuraa Business Setup, all your worries come to an end. The business experts at Shuraa provide end-to-end assistance for the seamless establishment of your business. Therefore, if you want to start a business while being employed in the UAE, your first step is to get in touch with us.

    To book a free consultation, call at +971 44081900. You can also send a WhatsApp message at +971 50 777 5554. For email assistance, mail your query at info@shuraa.com.

  • How to Start a Scrap Metal Business in Dubai

    How to Start a Scrap Metal Business in Dubai

    The UAE is among the top ten suppliers of ferrous scrap in the world. Scrap metal comes from different sources, including manufacturing, household goods, automobile, and foreign markets. Items from Africa, South Asia, and, far East are often exported to the UAE and then sold as scraps worldwide.

    According to the British Metal Recycling Association (BMRA), nearly 400 million metals recycle worldwide each year. Furthermore, metals constitute one of the most critical aspects of landfill waste as governments and people are becoming environmentally conscious. Therefore, scrap metal will remain in limited supply.

    Before starting a scrap metal recycling business, you must take into account three significant considerations. These include the amount of scrap metal, the holding area, and the safety measures in that holding area. Moreover, you also need to identify buyers to understand their persona and define your target market accordingly.

    What is the cost of starting a scrap metal shop?

    An entrepreneur thinking of starting a scrap metal shop has a lot of options. You can specialize in scrap metal sales and run a warehouse that sells recycled metals to scrap metal companies. Alternatively, focus on a specific type of scrap metal collection and recycling. Metals are commodities, and their rates change due to supply and demand. This is usually focused on supply and demand predictions for different types of metals a year or more in advance.

    Overall, this is an excellent capital-intensive business. Thus, the initial investment ranges between a few thousand dollars to hundreds of thousands of dollars. This business requires a high technical knowledge, and it can be highly profitable. Whether you’d like to recycle copper, gold, lead, nickel, silver, or tin – the choice is yours. And everything boils down to your understanding of this industry.

    How to Start a Scrap Business in Dubai

    Here’s how you can start your scrap metal shop in Dubai and make a name for yourself in the marketplace:

    1. Rigorous market analysis

    Identifying your scrap metal industry role is the first step to beginning your own scrap metal business. Can you collect local scrap to sell abroad? Would you like to import the scrap and then sell it? Do you have any strategy to process the scrap internally? The above procedures necessarily require an entirely different type of setup, so we recommend consulting with a business consultant before starting.

    Let’s concentrate on a relatively straightforward type of scrap metal trading that is popular in the UAE for the sake of simplicity. Let’s say your company buys scraps of copper, aluminum, as well as other metals from newly abandoned homes, as well as waste generation metal. After that, you clean and sort the scrap before exporting it to one of the neighboring countries, where a majority of the UAE’s scrap metal ends up due to the country’s growing economy. You need to gather all this knowledge through rigorous and extensive market analysis.

    2. Finding the appropriate business space

    The cost of creating your company’s premises is affected by a combination of factors. If you’re leasing a warehouse or a yard, you’ll want to think about the annual rent. A forklift, metal sorting bins, shipping containers, specialist sorting equipment, solid waste management, or other items might also be required. Moreover, your team will most likely be dealing with a bunch of information through unknown sources. Furthermore, if something unfavorable occurs on your property, it’s best to invest in security equipment and emergency plans.

    3. Obtain the license

    If you apply for a free zone license, you would be limited to a small number of companies managing such waste. Remember that you should follow all relevant environmental, preventive, and capital regulations. The most significant advantage of having a free zone license is that you own your business outright. A local license is acquired through the Dubai Department of Economic Development, but this will require a local sponsor who’ll have 51 percent sharing of the company.

    However, when you do business in the domestic scrap market, you’ll get more options. Shuraa Business Setup can become your sleeping partner so that you enjoy 100% operational ownership of your company. The most important thing to remember is that, depending on which licensing choice you select, you would be subject to various laws and permits based on the type of scrap metal you manage. These laws vary and are subject to continuous examination.

    4. Carry out your business activities

    Once you have the desired license and all the decisions regarding business space and company structure are finalized, you’re all set to start with the business activities. You can quickly launch your metal scrap company to take advantage of regional and global developments with the correct planning and a skilled advisor on your side. South Asia’s economy is booming, and it’s the leading destination for the UAE scrap, so the export possibilities are plentiful. You would not only benefit, but you’ll also be helping in making the world a better place for coming generations by recycling metals.

    Benefits of Starting a Scrap Metal Business in Dubai

    1. Energy conservation

    When comparing recycled metals to new ore, the total energy saved could be as high as:

    • 92% for aluminum
    • 90% for copper
    • 56% for steel

    According to the US Environmental Protection Agency, recycling a single aluminum product will save enough energy to power a 60-watt bulb for even more than four hours. Therefore, it’s a type of business that’s bound to gain pace in the near future.

    2. Economic benefits

    According to the National Recycling Coalition, recycling metal creates 36 times more jobs than sending the same volume of metal waste to an incinerator and six times more jobs than sending it to a landfill. Moreover, the authority also informs that the recycling industry generates $236 billion in annual revenue and hires upwards of a million people. So, it’s a no-brainer that the scrap metal industry is lucrative and full of opportunities.

    3. Environmental benefits

    Metal recycling helps protect natural resources by minimizing greenhouse gas emissions and consuming less energy than extracting metal from virgin ore. As opposed to producing goods from recycled materials, the manufacture of new metal generates much more greenhouse gas emissions. These emissions can influence climate change and harmful air pollution levels in cities, causing potential respiratory health issues for you and other city people. As per the Institute of Scrap Recycling Industries (ISRI), recycling metal may reduce greenhouse gas emissions by 300 million to 500 million tonnes. The scrap metal recycling business is a visionary approach that addresses an underlying noble cause as well.

    Consult with Shuraa

    We, at Shuraa Business Setup, target your company’s growth through our expertise and your willingness. Our business experts have helped more than 35,000 companies make a name for their brand in Dubai’s marketplace. If you’re looking to start a scrap metal recycling business but don’t know where to begin, simply connect with Shuraa. We’ll handle all your worries and ensure that you enjoy seamless business formation in the UAE. Consult with us today to get started with your dream business in Dubai.

    To get in touch with us, call at +971 44081900. You can also send a WhatsApp message at +971 50 777 5554. For email assistance, mail your query at info@shuraa.com.