The name should be memorable, reflect the specifics of the business and comply with the requirements of local legislation. It is important to check if the name you have already chosen is being used by another organization. Based on the results of the audit, the founders will be issued a certificate of reservation of the trade name.

Next, it is necessary to determine the legal form of the enterprise.: This may be a limited liability company (LLC), a branch of a foreign company, etc. The choice depends on the scale of the business, financial capabilities and the degree of responsibility that you are willing to accept. Consultation with a lawyer specializing in doing business in the UAE is highly recommended.

There are two main options available in the UAE - Mainlad (mainland) or Free Zones (free economic zones). It is important to study the advantages of each type of location for different types of enterprises. It is worth starting from the customer base – whether it is located in the UAE or abroad, from the planned number of founders and employees, from the list of services provided, etc.

Having chosen the place of registration where the license will be valid, it is worthwhile to arrange a legal address, that is, to rent or buy an office.

This is a critical stage, as operating without a license is illegal. An application must be submitted to the relevant regulatory authority — either the Department of Economic Development (for Mainland companies) or the respective Free Zone authority.
 
The process includes selecting the business activities you will conduct and submitting the required documents (passport copies, incorporation documents, lease agreement, trade name reservation certificate, etc.)

Company registration enables founders to apply for UAE residence visas and obtain Emirates ID cards. The company must have sufficient visa quotas, which directly impact the total cost of the license. Therefore, it is advisable to determine in advance how many visas will be required at the initial stage.

To open an account, you will need a license, a founder's visa, confirmation of the legality of the origin of funds for registration, etc., depending on the chosen bank.

After completing all registration procedures, you may begin purchasing used vehicles. It is essential to verify the legal origin of each vehicle, conduct thorough technical inspections, and complete all necessary legal procedures related to ownership transfer and registration under the company’s name.
 
Proper market valuation of vehicles is crucial to setting competitive resale prices and maximizing profit margins.

It is important to understand that in most cases the license is issued for a year with the possibility of further extension. The company must keep accounting records and submit reports to the tax service even in the absence of transactions. Do not forget to register with the tax service within three months after registration!