When thinking of Dubai, industries such as tourism, hospitality, and oil often come to mind. However, the manufacturing sector is rapidly growing and now contributes over 8% to the UAE’s GDP. With the UAE government investing AED 30 billion to boost the manufacturing industry under the Dubai Industrial Strategy 2030, there has never been a better time to start a manufacturing business in Dubai.
Overview of the Manufacturing Industry in Dubai
The UAE manufacturing industry currently contributes over AED 130 billion to the national GDP, making it the most competitive industrial sector in the Arab world. The country’s strategic location facilitates global trade, making it ideal for exporting goods such as metals, garments, food and beverages, and perfumes.
Future Growth Prospects
With a goal to increase the industry’s GDP contribution to AED 300 billion by 2031, Dubai’s manufacturing sector is poised for substantial growth. This evolving landscape presents lucrative opportunities for entrepreneurs looking to establish themselves in the manufacturing business.
Steps to Obtain a Manufacturing License in Dubai, UAE
Step 1: Registering Your Company Name
The first task in starting a manufacturing business in Dubai is choosing a company name. Ensure your name adheres to UAE naming conventions, avoiding any offensive terms or names similar to existing businesses. Once you have a few options, we can check their availability and register them with the relevant authorities.
Step 2: Acquiring a Business License
Your next step is to apply for a manufacturing trade license. Depending on whether you’re setting up in the mainland or a free zone, the application process will vary:
- Mainland: Apply directly to the Dubai Department of Economic Development (DED).
- Free Zone: Submit your application to the relevant Free Zone authority.
Our team at Bizinvestfirm can guide you through the entire application process to ensure all documents are complete and correct.
Step 3: Completing Visa Processes
In addition to a manufacturing license, you will also need a UAE visa. This process includes a medical and fitness test. As a visa holder, you can sponsor dependents, including family members and domestic staff.
Step 4: Opening a Bank Account
To conduct transactions in the UAE, a corporate bank account is essential. We can help identify the best bank options tailored to your business needs, especially if you’re coming from outside the GCC.
Documents Required to Open a Manufacturing Company in Dubai
When applying for a manufacturing license in Dubai, you must submit a comprehensive report detailing your factory setup. This includes:
- A factory floor plan
- Equipment details
- Production costs
- Financial source
Additionally, you’ll need approvals from the Ministry of Health and the Ministry of Environment and Water. Required documents include:
- Business feasibility study
- Forecast or balance sheet
- Copy of your passport
- Completed application form
Activities Covered Under the Manufacturing/Industrial License in Dubai
The manufacturing license, also known as the industrial license, allows you to engage in various activities, including:
- Appliances and machinery manufacturing
- Bags, shoes, and leather products manufacturing
- Food industries and packaging
- Gold and precious stones cutting manufacturing
- Metal containers and boxes manufacturing
- Textiles and products manufacturing
- Wood products and furniture manufacturing
- And much more!
How Bizinvestfirm Can Help You Start Your Manufacturing Business
Starting a business in Dubai can feel overwhelming, but with Bizinvestfirm, the process is simplified. Our international team has assisted thousands of clients in establishing their businesses in the UAE, ensuring a tailored approach to your specific needs.
Our Services Include:
- Business setup assistance
- Trade license acquisition
- Visa processing support
- Long-term business advisory
Whether you’re starting a new venture or relocating an established business, we provide comprehensive support, ensuring transparency and value for money throughout the entire company formation process.
How Much Does a Manufacturing License Cost in UAE?
When considering starting a manufacturing business in Dubai or anywhere in the UAE, one of the crucial aspects to factor into your budget is the cost of a manufacturing license. Generally, the fees for obtaining a manufacturing license range between AED 25,000 and AED 50,000.
Breakdown of Manufacturing License Costs in Dubai
The cost of a manufacturing license can vary based on several factors, including:
- Business Activity: Different types of manufacturing activities may incur different fees based on regulatory requirements.
- Location: The cost may also differ depending on whether you choose to set up in a mainland area or a free zone. Free zones often have attractive packages that include additional benefits.
- Additional Fees: Consider additional costs that may arise, such as:
- Document processing fees
- Health and safety inspections
- Rent for industrial space
Conclusion: Launch Your Manufacturing Enterprise in Dubai
If you’re ready to dive into the thriving manufacturing sector in Dubai, look no further than Bizinvestfirm as your business formation partner. We are dedicated to making your entrepreneurial journey smooth and successful.
