Dubai and the UAE were already in growth mode before the World Expo 2020 (postponed from its original dates thanks to COVID-19) was hosted in Dubai this past year. But the Expo helped to drive home the point that waste quantities generated in the United Arab Emirates (UAE) have steadily increased in recent years, and will only continue to do so going forward. Not surprisingly, most of this waste has traditionally ended up in municipal landfills or dumpsites.
One negative issue with the landfill or dump approach is that a large amount of organic waste produces a significant amount of methane, which is a potent greenhouse gas. And since sustainability was a central theme of Expo 2020, both awareness and motivation for finding better solutions is now squarely on the radar of UAE’s citizens and leadership. To that end, demand for municipal waste recycling has been sharply on the rise in Dubai and the other Emirates.
Why You Should Start Your Own Recycling Business in Dubai
Dubai is already recognized as a major world business hub for many reasons. For starters, the city has a growing economy, as does the UAE in general. Dubai also has a world-class infrastructure system in place, and offers many tax benefits to foreign investors. All things considered, getting a company up and running in Dubai is a very doable process for foreign business owners and entrepreneurs, as long as you have a capable advisor like MSZ Consultancy to help you navigate the process.
And let’s talk about demand. The worldwide recycling business is expected to be valued somewhere around $50 billion USD by 2023 – that’s nothing to sneeze at! Current trash and recycling operations around the UAE are already booming too, especially in places like Sharjah. And while there are already some recycling and waste businesses in Dubai, there’s still plenty of opportunities for an investor to carve their own niche in the market. And another positive impact of Dubai hosting the 2020 World Expo is the fact that leading waste management organizations from around the world have already brought their latest technologies to feature on display in Dubai. This is another key resource for local businesses and new startups to leverage to their advantage!
Regulations Which Apply to Waste Management and Recycling in Dubai
If you’re interested in establishing your recycling and waste management enterprise in Dubai, then a good place to start is to learn more about the regulatory landscape of Dubai and the UAE. The government has put several specific rules and guidelines into place regarding waste disposal and recycling. Here are a few key executive orders, executive council resolutions, and local orders which apply. You can find the full description of each of these technical guidelines on the dm.gov.ae official government site:
• Local Order Number 61 of 1991, on the Environmental Protection Regulations in the Emirate of Dubai
• Executive Order of Federal Law Number 24 of 1999 for Regulation of Handling Hazardous Materials, Hazardous Wastes, and Medical Wastes, issued by Cabinet Decree Number 37 of 2001
• Local Order Number 7 of 2002, on the Management of Waste Disposal Sites in the Emirate of Dubai
• Executive Council Resolution Number 58 of 2017, which approves the Fees and Fines for Waste Disposal in the Emirate of Dubai
Procedure for Setting up a Dubai Waste Management and Recycling Business
The procedure for getting a recycling and waste management company started in Dubai isn’t overly complicated, but there are some important steps you’ll need to follow, including the following:
• Decide on a trade name for your business. You’ll need to choose a name that’s unique, that’s relevant to your business, and that doesn’t violate any government guidelines for business names.
• Apply for a business license according to your specified business activity (in this case, waste management and recycling).
• Gain initial approval from the Department of Economic Development (DED).
• Pay the required fees and obtain your business license.
• Have a No Objection Certificate (NOC) issued from the municipality by applying through the Dubai Trade Portal.
Incorporating Your Dubai Business: Free Zone License vs. Mainland License
As mentioned previously, Dubai and the UAE have made many significant efforts to encourage more foreign business investments, and to make the business setup process as attractive and streamlined as possible. But which category of business incorporation makes the most sense for you, Free Zone or Mainland? Each trade license in Dubai offers its own pros and cons. A Free Zone business can be created with 100% foreign ownership and many tax advantages. However, there are more restrictions that go along with operating a Free Zone business, and this approach would only make sense if you were looking to create a waste management and recycling business consultancy or research organization.
If your intent is to provide boots-on-ground waste management and recycling services in Dubai itself, then you’ll need to apply for a local license through the Dubai DED. A key stipulation is that you’ll need to choose a local host partner to make your business legal and official. Thankfully, the team of experts at MSZ Consultancy can help you with this.
How MSZ Consultancy Can Help Turn Your Dubai Business Dream into a Reality
Ready to launch your own recycling and waste management business in Dubai? As long as you’re willing to take the time to identify your business focus area, determine your business budget, make a business plan, and seek any necessary financial support for your business, MSZ Consultancy can help you to find a suitable space for your business office, and we’ll help you to navigate all of the required company registration and licensing processes, as well.
If you’re a foreign citizen who lives outside of the UAE, there’s no reason to let that scare you out of taking the opportunity to start your own local business! You really can be a successful foreign business owner in Dubai, and we can help you to make that happen! It’s honestly easy to get your company formed and successfully launched whenever you choose to partner with MSZ Consultancy. We’re experts in company formation in Dubai, and we’re business setup consultants who are thoroughly familiar with all the processes that are required for launching a successful company.
WHAT WE DO?
Simply put, we help with business setup in Dubai and the UAE. We specialize in all forms of company formation, and provide all the financial and legal guidance you need to get your company off the ground and running.
HOW WE HELP
We have a unique team of business setup consultants, lawyers, and PRO executives. That means we don’t just help with company setup, but can also provide sound business advice, help with legal paperwork, help you get your local bank account set up, and are committed to help with anything else your successful business launch may require.
WHY CHOOSE US?
When it comes to MSZ Consultancy, you really won’t find a business setup company in Dubai that provides better customer service. The innovative services we provide are tailored to fit your exact needs. We’re also one of the few consulting companies in Dubai that provides valuable customer insights to help business owners and investors to launch a truly successful business venture.
There’s no need to wait! Reach out today, and let’s book your FREE consultation! You can get the conversation started by shooting us an email at info@mszconsultancy.com, or for an even faster response, just give us a call at +971 52 544 1248 right now.
We’re here to make your dreams of opening a business in Dubai come true, together. Our team is standing by to assist!
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