Dubai has one of the best infrastructures in the world which is suitable for land, maritime and air transportation. This has determined many companies to move or to start transportation operations here and has convinced foreign investors to set up new transporting businesses in Dubai. With many incentives granted in all the free zones, Dubai has become a leading transportation hub.
Foreign investors interested in starting a business in the transportation industry in this emirate must comply with certain requirements related not only to the transportation but also to the storage of goods. For this purpose, several laws implemented by the National Transport Authority have been put in place. Among these, we remind the following:
Our Dubai company formation agents can explain foreign investors can explain the laws transporting and storage companies must comply with.
The registration of a company which will operate in the transporting and storage sector in Dubai must start with the preparation of a set of documents prescribed by the Commercial Law. Following that the Dubai company formation procedure can be handled by our local consultants.
The following types of transporting and storage companies are quite common in Dubai:
There are also other types of businesses which can be set up in the transportation sector, however these are covered by special regulations.
The first special license which must be obtained by a land transport and storage company in Dubai is the transport license issued by the National Transport Authority, which is also known as the operation card. Also, all goods must be insured by the company during transportation, as well as while stored. Also, all goods must be accompanied by transport and storage contracts.
Special attention must be paid to the fact that the drivers must have specific categories attached to their driving licenses.
With respect to the storage of goods, these must comply with the requirements of the Ministry of Health in the UAE.
If you want to set up a transporting and storage company in the emirate, please contact our company registration consultants in Dubai.