A logistics company in Dubai can make huge profits in lesser time. The world-class air, water, and road freight infrastructure help UAE to have a direct link to every corner of the world.
Benefits of Starting a Logistics Company in Dubai
The minimal red tape and low tax regime allow for affordable, easy export and import. This positive business environment is reflected in the logistics industry in the region.
This industry is expected to generate 30 billion in revenues by the year 2035. With expert help, you can set up a logistics company in UAE incredibly fast through straightforward steps.
Dubai has some of the busiest seaports and airports and happens to have great road links to neighboring emirates and surrounding countries. Therefore, companies distributing goods domestically or internationally can’t find a better place than Dubai.
Most of the top logistics companies in Dubai are utilizing these benefits to deliver quality services to clients.
Main Steps to Start a Logistics Company in Dubai, UAE
Only the list of top steps as noted here. You should find a reliable local expert who can guide you through the process.
1. Selecting Your Business Activities
You will need to specify the area of logistics that you’ll be trading in. Also, ensure the chosen activity line up with the activities listed on the list published by the Dubai Department of Economic Development (DED).
2. Choosing Your Company Name
You should choose a suitable name for the company. You must follow a strict set of naming conventions such as avoiding offensive or blasphemous language. Make sure the name is available to register.
3. Making Your License Application
The main step in the process is applying for the UAE trade license. This application is made directly to the Dubai DED. This process can be done online and completed within hours.
4. Making Your Visa Applications
You are also required to have a residency visa to work in Dubai, UAE. As a holder of a trade license in the UAE, you can sponsor others for their visa. Depending on the size of your logistics company in Dubai, the maximum number of visas you can apply for.
5. Opening a Corporate Bank Account
You need a corporate bank account to do business in UAE. Obtaining banking services as an overseas investor will be a little difficult. But this is important for the business.
Related Topic: The Best Logistics Companies in Dubai, UAE: Top 7 Qualities
Tips to Start a Logistics Company in Dubai, UAE – Summary
There are many best freight forwarding companies in Dubai. But still, you can have plenty of business opportunities if you start your own shipping company in Dubai, UAE.