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How to start a steel manufacturing company in Dubai, UAE

How to start a steel manufacturing company in Dubai, UAE

The United Arab Emirates is a global centre of trade and innovation that provides fertile ground for business, especially in the thriving steel sector. Steel manufacturing is an integral part of the country’s vast industrial landscape, driven by a steady pace of construction and infrastructure development. It serves a multitude of projects, from high-rise buildings and bridges to public transport infrastructure and commercial complexes. The sector not only supports the local economy but also plays a crucial role in the wider Middle East market.

Dubai’s strategic geographical location between the major markets of Europe, Asia and Africa clearly positions it as a convenient distribution centre for steel products. The city’s ports and logistics facilities support efficient supply chain operations, making it an ideal location for businesses looking to expand their presence in the region and beyond.

It is important to calculate the financial model of the business in advance. In addition to licence costs, it is worth laying down the cost of furnishing the workspace, buying or leasing machinery and equipment, and hiring qualified staff. In addition, operating costs: utilities, insurance and maintenance of equipment, etc.

Some of the basic steps to start a steel fabrication business include:

1. Reservation of the company name. It must fulfil the criterion of uniqueness and the strict requirements of the Municipality.

2. Selection of the legal structure of the company: sole proprietorship, partnership or limited liability company.

3. Selection of a suitable production location based on the specifics of the business, planned volumes and number of employees.

4. Renting and equipping premises in accordance with fire safety standards and other requirements of government agencies.

5. Selection of suitable activities to apply for a licence.

6. Registration of a resident visa.

7. Opening a corporate account.

Given the many peculiarities at each stage, we recommend contacting specialists who understand the UAE regulatory framework and have experience in opening different types of companies. Book a free consultation with a lawyer at Makebiz and find out how to open a steel company in Dubai, UAE.

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