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Starting a scrap metal recycling business in Dubai, UAE

Starting a scrap metal recycling business in Dubai, UAE

Recycling businesses are of international importance, and the United Arab Emirates is striving to become number one in this sector. As countries, industries and companies move towards a greener future, scrap metal recycling businesses are only increasing their demand. The scrap metal recycling industry has been growing at around 0.9% per year for many years, but as of 2019, it has grown at an average annual rate of 5.4%.

There are different categories of scrap metal to get started with:

Scrap metal — copper, aluminum, and steel.
Plastic scrap — PET, HDPE and LDPE.
Electronic scrap — computers, cell phones and other electronic devices.

Depending on your long-term goals and the size of your business, you will have to consider renting space, heavy equipment and hiring employees. In addition, you may need to get approvals from government agencies depending on the chosen business. You can learn more about this in consultation with a specialist of the company.

The main stages of registering a company in the UAE are:

1. Selection of the company name. It is necessary to provide the chosen name together with two alternatives in the order of preference.

2. Determination of the organizational and legal structure of the company and its location. 3.

3. Renting premises and warehouses for the work.

4. Selecting a suitable business activity and applying for a license.

5. Issuance of a visa to the founder.

6. Opening a corporate account/

When planning to start a business in Dubai, it is necessary to familiarize yourself with the local legislation and study the registration process. A quick and successful start is possible with the support of industry experts. Schedule a free consultation with a Makebiz lawyer and find out how to start a scrap metal recycling business in Dubai.

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2. Basic concepts used in Politics

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