Scrap Trading

Scrap Trading in UAE

Scrap metal trading in Dubai and Sharjah plays a significant role in the UAE’s economy, benefiting from the country’s strategic location as a global trade hub, advanced infrastructure, and rapidly growing industrial sectors. Dubai and Sharjah are major centers for scrap metal trading, driven by the high demand for recycled metals from various industries, including construction, automotive, electronics, and manufacturing. The region benefits from its strategic location, growing industrial base, and increasing focus on sustainability and resource management. Despite challenges related to price volatility, competition, and regulatory requirements, scrap metal trading remains a dynamic and crucial part of the UAE’s economy, with both domestic and international opportunities.

 

Type of Scraps

  1. Iron
  2. Copper
  3. Aluminum
  4. Steel

Documents required for forming a Scrap & Metal waste trading company in Dubai or Sharjah, UAE.

  1. Passport Copies of the shareholders
  2. Current Visa copies
  3. 3 proposed names for the company
  4. Ejari
  5. NOC from the relevant authorities

Cost of forming a company

Costs start from AED 25,000 but may vary depending on the Emirate, jurisdiction, and office rental rates.

 

Steps to form a scrap & metal waste trading company in Dubai or Sharjah, UAE.

Choose the right jurisdiction

Not all Emirates or Free Zones are suitable for scrap metal trading companies. Preferred locations for setting up such businesses include Jebel Ali Free Zone, Dubai Mainland, and Sharjah Mainland

 

Choose a legal structure

  • Individual Shareholding
  • Partnership
  • Subsidiary

 Choose a company name

  • The company name should reflect the nature of the business.
  • Avoid using words related to religion, nationality, or sensitive topics.
  • The name should be distinctive and unique

Lease office space/warehouse

Based on your business requirements, choose a warehouse or office location in an industrial area to ensure approval. Before finalizing the lease agreement, it is advisable to consult with the economic department to confirm whether the location will meet the approval criteria.

 

Setting up scrap metal trading business in the UAE can be a challenging endeavor, especially for international entrepreneurs unfamiliar with the local laws and regulations. At TFZ Business Set Up, we simplify the entire company formation process, making it faster and more efficient.

 

With years of experience and a proven track record, we’ve helped thousands of entrepreneurs turn their business visions into reality in the UAE. Our comprehensive services cover everything from company registration, custom code, and licensing to bank account setup, Corporate Tax Registration, VAT registration, and more—ensuring that you have everything you need to start and grow your business successfully.

 

Whether you’re looking to trade tobacco products, manufacture them locally, or expand your existing operations into the UAE, our expert team is here to guide you through each step of the process. Let us take care of the legalities and paperwork so you can focus on what matters most: growing your business.

 

Why Choose TFZ Business Set Up?

  • End-to-end Services: From company formation to ongoing business support.
  • Expert Guidance: We provide clear, concise advice to help you navigate local regulations.
  • Fast & Efficient: We streamline the process to get your business up and running quickly.
  • Tailored Solutions: We understand that every business is unique, and we provide customized services to meet your specific needs

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