Starting a car wash business in Dubai can offer a new opportunity, especially if you have the right skill set and experience, but also plenty of challenges. Given the current climate in Dubai, it’s tough to find new opportunities for ex-pats and Emirati alike, but if you hear that motor vehicles are growing in popularity by the day you’ll know that there must be a market for them.
The car wash industry is a very profitable business to start in Dubai. There are many car wash businesses that have been established and are running smoothly in the UAE. But, before you set up your own car wash business, you need to do thorough research about the market and also how this particular business can be profitable for you. If you want to start a car wash business in Dubai, then you need to follow the below steps.
Planning the business activities: Before starting any business, it is important to plan and strategize the business activities. The planning will help you figure out the various aspects of your business like what products or services you should provide, where your customers will come from, how much money you need for start-up costs,etc. Also make sure that your car washing business activities should be getting approval from the DED department of economic development.
Registering the company: Once you have finalized the idea and planned all aspects of your business, it’s time to register it with relevant authorities. You can choose between two types of registration – Sole Proprietorship or Partnership Firm. If you have limited capital and resources available at hand, then sole proprietorship may be an ideal choice for you. However, if you want to expand your business operations in the future then a partnership firm may suit you better for long-term purposes. The DED government can suggest to you the tradename. according to that, you can name your company and register it.
Location of company: Once all procedures are completed successfully, choosing the right location for your car wash business is very important because it will determine how successful your business will be in the future as well as how much money it will generate for you. The best thing about starting up a carwash business in Dubai is that there are many places where they can be opened up easily and cheaply without any hassle from authorities or neighbors etc., so finding a suitable location wouldn’t be hard at all!
Apply for the car wash license: if you want to apply for a car wash license, you should submit the necessary documents to Dubai DED (department of economic development).it may be either Dubai mainland business setup or Freezone business setup.
Visa requirements: If you are going to hire local staff or workers then they require an employment visa which needs the same.
Opening a corporate bank account: Before applying for a business bank account, you should find out which banks offer corporate banking services. Your company set-up agent can assist you with this process. To open a corporate bank account in the UAE, you will need to have a UAE business license and some banks will require that shareholders have residency visas. and the minimum opening account balance is AED10,000.
Documents required for car wash business license in Dubai, UAE:
- Business plan sheet
- passport copy
- No objection letter from a local sponsor
- Trademark registration paid fee receipt
- Tenancy /Ejari Contract
- Visa copy and emirates ID
- notarised memo random of association agreement copy
What is the investment cost for a car wash business license:
The cost of the car wash license depends on the following aspects.
- Court Fee
- Trade License fee
- Municipality fees
- Initial approval
- Chamber of commerce
- Trade name approval fee
Business Setup Dubai, We are the business setup consultants in Dubai. We help you with your business setup, trade name registration, and trade license. If you are looking for a car wash business, feel free to contact us. We will guide you in the right direction. We do all of this at an affordable cost so that you can focus on what really matters: your business!