Setup a car wash company in Dubai is very profitable right now. Dubai is known for its exotic sports cars. We all have seen the picture online, even the police force drives exotic cars.
However, Dubai also has a big population of commercial cars that the general people use to commute to various places.
As the number of car users is ever-increasing, so is the demand for more car washes. That is why you should start a car wash business in Dubai.
The people in Dubai have a lot of expendable income and a high standard of living. Just as they get takeout instead of cooking at home, they also get their car washed in a car wash. With the right company setup, your car wash business in Dubai will never lack customers.
Since the demand for new car washes is there, you do not need to worry about any competition in the car wash market in Dubai. Just select a location that does not have an existing car wash nearby and you are good to go.
Process of Setup a Car Wash Company in Dubai
The company formation process of setup a car wash company in Dubai is very easy. However, it is even easier with the help of Company Setup experts who are experienced in starting car wash businesses in Dubai. If this is your first time setup a business in dubai, you might be a little confused.
To be fair, Dubai is pretty intimidating for new people, the new locality and culture here can be confusing. That is why it is suggested to seek help from business consultants when starting out.
Here are the steps in the process of setup a car wash business in Dubai:
1. Select an Economic Jurisdiction
The first step is to decide in which economic jurisdiction you want to start your company. The most popular choices for a car wash business in Dubai are either the mainland or one of the Free Zones. There are advantages and disadvantages of both of these economic jurisdictions, so choose carefully before deciding on one.
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2. Select a Company Structure
The second step is to decide the company structure of your car wash business. The company structure will be the legal form of your business. Some of the popular legal forms of business in Dubai are sole proprietorship, general partnerships, Limited Liability Company, private shareholding company, etc.
3. Register a Trade Name
You need to select a trading name for your business. The name you want for your business has to be unique in the UAE. The name can be in use by businesses elsewhere in the world, but as long as no one is using it in the UAE, you can go for it. You can use various online tools to check if the name you have in mind is available or not.
4. Get the Initial Approval
If you have selected the mainland then the license registering authority will be the Department of Economic Development in Dubai.
To get the initial approval from them you have to fill up an application form. If you are starting your car wash business in Dubai free zones , then you have to report to the respective governing authority.
5. Select a Location
After you have received the initial approval, you can go ahead and rent or lease a space for your car wash. This is a mandatory step because you need the tenancy contract and EJARI to complete your trade license registration process. You also need to select the location carefully or else you will not have sufficient customers.
6. Get External Approvals
You will need to get various external activities for your car wash business in Dubai. The external approvals you need to get will depend on the business activities, company structure, and location of your business. You will need to get the location and car wash premises approved by the Planning Section of the Dubai Municipality.
7. Get the Business Trade License
After you have completed all the previous steps, you need to complete the trade license approval process. To do this, you have to submit all the required documents and pay the necessary fees to the Department of Economic Development in Dubai. If everything is correct then the officials will provide the business trade license to you within a week.
8. Make Visa Applications
After getting the business trade license, you can not only get your visa easily, but you can also sponsor several other visas. First and foremost, your spouse, parents, children, and domestic partner can also get visas. Then depending on the size of your company, you can sponsor several other visas for the employees of your business.
This means that you can easily hire the perfect match for your business from anywhere in the world and bring them to Dubai by sponsoring their visa. The visa application process is extremely straightforward with the help of a Company Setup professional.
9. Open a Corporate Bank Account
The last step in the process of starting a car wash business in Dubai is to open a corporate bank account. Before opening a corporate bank account, take your time and explore your options of financial institutions in Dubai. Read their terms of services carefully, then select the one that is best suited for your business.
To open a corporate bank account in Dubai you must have a business trade license, a residency visa, and the minimum amount of capital required by the bank you chose. The minimum amount is usually anywhere between AED 10,000 and AED 150,000.
We understand that all these might be confusing for someone with no experience in the business world of Dubai. If you want to start a car wash business in Dubai but do not know where to get started, then you are in the right place.
Company Setup Consultants have years of experience starting various businesses in the UAE. Feel free to contact us anytime and hit the ground running.
For further information and assistance on How to Set up a Car Wash Company in Dubai, UAE? To Speak with our Experienced Business Consultants for further information and assistance, call us at +971582595164. Send a WhatsApp Message for Chat Query on +971 582595164 or email us at firstname.lastname@example.org.