Business Set up in Dubai

Dubai is the perfect place for such an endeavor. Not only as a supercar hotspot, but the large immigrant community makes many people don’t want to buy a regular car and prefer to rent one. Immigrants aside, the emirate naturally welcomes hundreds of thousands of business visitors and tourists each year, all of whom need to move around.  Here in this post, I am going to discuss the simple process of starting a car rental business set up in Dubai for entrepreneurs.

Simple Steps to Start a Car Rental Business in Dubai

The process of starting a car rental business in Dubai is divided into five main steps.

Choose Your Location

Since you need physical space for your fleet of vehicles, you need a small space. A strategic location will help you, whether near the airport or other transportation hubs. The second decision to be made is whether to settle on the mainland or in one of the UAE’s free zones. Establishing free zones is very popular and often very cheap, but if you go this route, you will need to take some additional steps (e.g. opening a branch or using a dealer) if you want to trade directly with the UAE market. Only the mainland business setup allows you to trade on the UAE market without any additional steps.

Choose Your Business Activity

The business you choose must be the same as the business you are going to take. So that everything here is clear and compatible, it is worth using the services of specialists for setting up a business in Dubai. This is not an area where you want to go wrong as it can cause serious problems if you perform an activity without permission even if you don’t know it. The activity you choose must be selected from the official list published by the Dubai Department of Economic Development (DED). For car rental, DED’s official activity is “Car Rental and Passenger Transport”.

Select a Company Name

The UAE is quite strict when it comes to naming companies, so knowing the rules is important. You should avoid any language that could be considered offensive or blasphemous. You should avoid any name that already belongs to a well-known organization. When naming your business after your name, be careful not to abbreviate your name. So Roger Smith car hire is fine, but Roger M Smith car hire isn’t. Of course, you also need to make sure that your chosen company name is still available for registration.

Make Your Business License Application

As a person running a rental company in Dubai (and the UAE), you need a commercial license. The documents you need for obtaining the commercial license include:

  • 2 color passport size photos
  • Complete application form
  • Passport copy of the proposed owners

You also need a permit from the Road Traffic Authority (RTA). Keep in mind that your employees may also need to complete RTA training.

Prepare Your Visa Applications

The final step in accepting that you do not have a visa is to apply for your visa. As a UAE business license holder, you can also sponsor others for their visas – including your spouse, family member, or domestic worker. How many visas you can apply for depends on many factors – the size of your business, where and how you reside, and your income.

The visa application process can be very simple, and working with a business setup in Dubai specialist means you can safely complete all of these steps knowing that your complete application is ready and error-free before you submit it.

Approximate Cost of Starting a Car Rental Business in Dubai

There are several key costs to consider when starting a rental business in Dubai: licensing fees, venue fees, and RTA permits. There is also the price of the fleet you will use – which you can buy or rent. For example, if you choose a commercial license for the continent, look for around 15,000 dirhams – 20,000 dirhams. But the only way to get an exact number that includes all the extras you need is to contact a professional business setup in Dubai Company who can put together a package for you to make sure everything is covered as well as an accurate quote on which to base your decision.

Working with a Professional Business Setup Consultant Company

It’s time to work with a professional to make sure your car rental business runs smoothly. If you are looking to start a car rental business, rest assured a professional business setup Consultant Company will keep you updated and updated from the people who do it every day. While the setup process can be a bit stressful, you can act on it right away by working with a business expert. This is the fastest way to set up in the UAE, which means they can handle all the details and make sure your business application is error-free.

By Adam

One thought on “How to Start a Car Rental Business Set up in Dubai”
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