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Sharjah, a rapidly developing emirate in the UAE, has a growing demand for transportation services, making the car rental business an attractive investment opportunity. Whether for business, tourism, or personal use, the convenience of renting a car is increasingly sought after by residents, tourists, and businesses alike. Obtaining a Rent a Car License in Sharjah opens the door to serving this expanding market with flexible, efficient, and customer-oriented transportation solutions.
A Rent a Car License allows businesses to offer short-term and long-term vehicle rentals, catering to individuals, companies, and tourists who prefer flexible mobility options. With its well-maintained road networks, proximity to major airports, and vibrant tourism industry, Sharjah provides an ideal environment for car rental businesses to thrive. Additionally, the growing number of visitors and residents in the emirate means there is a consistent demand for a range of vehicles—from economy cars to luxury models.
The Sharjah government supports entrepreneurs in the car rental industry through straightforward licensing procedures, favorable regulations, and business-friendly policies. Companies benefit from Sharjah’s strategic location, connecting them to the broader UAE and international markets, making it an attractive hub for business expansion.
This introduction will provide a comprehensive overview of the process, requirements, and benefits of securing a Rent a Car License in Sharjah, helping you establish a successful car rental business in this dynamic emirate.
Process to Rent a car license Company in Sharjah (Sharjah Mainland Setup Process)
Setup Consultation
Begin your company formation journey with a free consultation. This step helps in selecting the most suitable location and business activity for your LLC.
Sharjah DED Security Approval
After Security Approval and selection of your desired business activity, we proceed with obtaining initial approval from the Sharjah Economic Department (DED).nt in the UAE.
Initial Approval
After profile creation and selection of your desired business activity, we proceed with obtaining initial approval from the Sharjah Economic Department (DED).
Trade Name Reservation
Provide us with three preferred business names to check for availability. Once a name is available, we reserve it for your business license. As per DED regulations, the activity type must be mentioned after the chosen business name.
MOA Drafting and Signing
We draft a standard Memorandum of Association (MOA) approved by the DED. MOA Signing needs to be done in front of the Notary officer in DED.
Tenancy Contract/Office Tenancy
If you have your own office space, provide us with the Tenancy Contract to link with your license application. Alternatively, we can source a virtual Tenancy Contract for you.
Final Payment Voucher
Upon successful submission of all documents, we will receive a payment voucher. Once payment is made, the business license will be issued, subject to DED approvals.
Immigration, eChannel Registration and Visa Processing
Post-license issuance, we will register your company with immigration and create your eChannel account and initiate the visa application process for the investor/partner.
Bank Account Opening
With your business license and Emirates ID, we can assist you with the digital bank account opening process, which you can complete at your convenience.
License Cost
The estimated cost for opening this license is approximately 18,000 AED +6,000 AED additional cost for RTA approval. This includes the license with two shareholders, initial approval, trade name reservation, and MOA signing. For a detailed quotation or consultation, please contact us through the inquiry form.