Have you thought about owning a company setup in Dubai? If you’re unsure about the type of business to venture into, think about starting a laundry business. Despite being perceived as a less glamorous industry, the laundry sector in Dubai is witnessing continuous growth, ensuring a stable income.
Success in the laundry business is attainable with the right machinery and a well-thought-out plan, and no prior experience is necessary to get started. Moreover, the increasing influx of visitors and residents in Dubai, coupled with busy lifestyles, provides an opportune environment for the laundry business to thrive. Today, let’s explore the procedures for starting a laundry business in Dubai.
Setting up a business in laundry
To commence a business in Dubai, securing a professional license from the government is mandatory. Both automatic and manual laundry services fall within the professional license category in Dubai. It is essential to follow specific procedures to successfully obtain a laundry business license.
Step to step guide for starting a laundry company in Dubai
In this section of the blog, we are going to list down the procedures for starting a laundry company setup in Dubai.
1)Select activity for laundry company
First and foremost, it is important to develop a clear plan outlining the operations of your laundry business. Submit a comprehensive document detailing the activities of your laundry service to the relevant authorities. The license granted will be aligned with this documented activity, making this step the most important in initiating a laundry business.
2)Choose a name
The subsequent step, necessitating careful consideration, involves selecting the right name for your laundry business setup. It’s not merely about choosing any name; it must adhere to the guidelines set by the UAE government. For instance, opt for a business name that avoids offensive language or references to Allah or Islam. If incorporating your personal name, ensure it is the full name, not just the initials or surname.
You are allowed to submit up to three names. If one option is rejected, an alternative may be granted if it complies with the law. Verify the availability of the chosen name through the Department of Economic Development’s (DED) website.
3)Select the location
Finding the right location is a pivotal step in establishing a laundry company setup in Dubai. Depending on your requirements, you can opt for either mainland or free zone business jurisdiction. Each jurisdiction comes with its unique advantages and procedures, underscoring the significance of a thorough understanding of these aspects in making an informed decision for your laundry business setup.
4)Apply for a laundry license in Dubai
You must initiate the laundry license application through the Dubai Department of Economic Development (DED). Upon approval, proceed to pay the requisite fees and obtain your laundry license. Ensure to submit the necessary documents as outlined for the successful processing of your laundry business license in Dubai.
When applying for a laundry license in Dubai, provide the following documents:
- Copy of the owner’s passport and visa
- Copy of the shareholders’ passports and visas
- Completed Memorandum of Association (MOA) and Articles of Association (AOA)
- Copy of the business plan
- Copy of lease agreements
- Dubai Municipality Planning Section approval
- Dubai Municipality Health and Safety Division approval
- Company name approval from the Registry Office
5)Apply for a corporate bank account
There are a lot of options available for selecting a bank account. However, each of them provides its own privileges for certain businesses. Therefore, finding the right one that’s best for your company setup in Dubai is important. Do research before applying for the bank account.
These are the important procedures for starting a laundry business. If you are still in doubt, we have another option for you.
Start your laundry business in Dubai with Marqueway
The next, and confidently the best, option is to hire Marqueway business setup consultants to assist you with all the procedures. We ensure that the processes are smooth and perfect, allowing you to save ample time and avoid stress. While we concentrate on the legal side, you can entirely focus on your business.
Giving complete attention and time to your business is crucial. Just imagine getting caught up in a mistake in the procedures and feeling stressed out. This could eventually affect your business. So, leave it to us. We will handle all the stress of starting a laundry company setup in Dubai, ensuring a happy entrepreneurship journey with Marqueway.