COMPANY FORMATION & REGISTRATION
Rent a Car License in Dubai
Rent a Car License in Dubai: In Dubai, Rent a car business is enjoying popularity, since using public transport to travel between cities can be really time consuming and also tiresome. Hence, the best solution here is to avail a car on hire that allows you to visit the closeby emirates like Abu Dhabi and Sharjah without any hassle and with full comfort and convenience.
Car rental business is also termed to be a handy business, since majority of the medium, large and small businesses prefer to rent out a car to carry out its external work, which mostly is to deliver items and documents by their driver. It can also be for consultants to meet their valuable clients at the latter’s site.
The fact is that setting up car rental business definitely is profitable since majority of the expats and locals are considered to be passionate enough to lay their hands on a luxury car and to drive them around. However, only a few are in a position to buy one. It is for this reason, they depend more upon rental car businesses in Dubai, from where they can avail a car of their dream. With Rent a car license obtained in Dubai, you will be in a position to offer luxury cars for rent to UAE residents, which can be on long or short term basis.
This is also stated to be a highly demanding business as majority of the expat and local UAE residents prefer to go out for hell stations, desert safari, exploring and knocking the wadis and finding out more about what nature has to provide. These trips will require 4 wheel drives (off road car). Hence, it becomes important for people interested to go out on such trips to avail 4 wheel drive from rental car business in Dubai.
How can you Set up Dubai based Car Rental Company?
Office is not exactly mandatory factor for setting up car rental business in the UAE. It is possible to deliver the car to any specified address. But having an office, from the client’s point of view is considered to be an indication of trustworthiness and reliability of the rental company. When staffs are concerned, a small project is likely to need to given below staff members:
- Project coordinator (control, administration, communication with staff and management, to conduct advertising strategies)
- Manager – dispatcher to work along with drivers, clients (1- 2 people)
- Lawyer (possibly outsourced)
- Accountant
The experts recommend launching of advertising campaign at the initial stage of registering the enterprise. Great attention needs to be paid to this particular aspect, since the market here is quite competitive. Firstly, there is to be created recognizable corporate style and to conduct internet promotion. Besides it, there should be undertaken partnership with target audience deployment places as it plays a key role concerning marketing strategies. It can be business centers, airports, popular places and hotels, etc. Tangible results can be enjoyed by being capable enough to locate flyers or information stands in these places.
Car rental business in UAE seems to be lucrative considering the financial indicators. Although there is high market competition, no need to worry the same. It will be wise to use highly effective favorable work conditions and demand together using creativity and proper management to derive own market share.
Steps to Set up Dubai based Car Rental Business
Documentation: Prior to renting out a vehicle in the UAE, you will require to have all necessary legal documents to drive one in this region. Depending upon nationality and visa status, the parameters are likely to vary.
Following are the essential documents for UAE residents
- Passport copy
- Residential Visa copy
- Valid license to drive in the UAE
- Emirates ID copy
Car Rental License in Dubai
Majority of the car rental companies prefer to establish with local license. This is because, such licenses are not issued by the free zones. Our consultants however, will be able to clarify you on some exceptions. For license approval, there needs to be met few conditions, so that no-objection certificate can be obtained from the RTA (Road & Transport Authority).
If you want to know about RTA requirements and documentations concerning your business, you can feel free to discuss with our knowledgeable and friendly consultants, who can provide you with valuable free consultation. On obtaining business license, you are to understand that the RTA will inspect your business at any point of time. Hence, do ensure that your bookkeeping and maintenance is up to date and of necessary standards.
- 100% foreign ownership
- Tax benefits
- Duty free
- Low operational cost
- Low freight charges
- Abundant & inexpensive energy
- Exemption from all import and export duties
- Freedom to recruit expatriates
- Freehold offices available on sale or lease
- Readymade offices, factories & warehouses
- Free transfer of funds and no foreign exchange control
Why Black Swan ?
Black Swan Will Help You In Not Only Every Step Of Your Business Setup But Also In Continuing Business:
- Taking the trade name approval.
- Initial or security approval.
- Preparing Memorandums.
- Bank Account assistance.
- Court Notarisation of memorandums, POA and other documents.
- License issuance
- Establishment Card.
- Visa's
- Any external approvals if required.
- Final Submission.