Prime Tower, Office# 2707, Business Bay, Dubai, UAE
Laundry business has had a boom in these recent years, since people have no time (nor they are fond of) for washing, dry cleaning and ironing their clothes. This business sector is a great business opportunity to invest in due to the fact that it offers a solution to people's problems, which is why it has a very high and recurrent demand (people will never stop washing their clothes). Although laundry business has a great potential, it is crucial to understand the importance of a business plan in order to make this business work.
A laundry business plan is a great tool that allows founders to present their vision and plans of a project. When using any business plan format, there are standard questions (such as the 5 w’s) that force every person involved to think, analyze & create a long term vision and strategy for the idea. It is demonstrated that writing things down on paper helps as a guide to track the progress and have better control on the status to be accountable on the future.
What could be more on demand and in demand than laundry in the UAE? Now a number of new online businesses are working to disrupt the traditional shop front industry by offering customers business models that play to their needs.
The profit in laundry business depends on the ways in which you are running your business. For the efficient business management, you have to discover the latest market trends and understand the future market growth for laundry industry in UAE. One has to analyze the most updated research data, competitive threats and plan the strategy accordingly.
Laundry Business, is the cleanest- dirty business in the world, and the Dubai market is no exception. Being a fast paced city, the working individuals always prefer getting this “dirty” job outsourced! so like any other business in Dubai, it all comes down to Location and the western expats (in and around the New Dubai area - JBR/JLT/Marina etc.) are more keen to have laundry service on a regular basis.
from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>