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How to Start Other Specialised Wholesale Business with Meydan Free Zone

Not every wholesale trade fits neatly into a single product category. This activity covers the wholesalers moving fuels, metals, and construction materials, chemicals and plastics, and processed scrap and recyclable materials, commodities that keep the UAE's construction, manufacturing, and industrial sectors supplied at scale.

This guide covers what activity code 4660.00 lets you do, who your clients will be, and how you set the business up in Dubai.

Key Stats at a Glance

Activity code 4660.00
UAE global export ranking Entered the world's top ten merchandise exporters for the first time in 2025, ranking ninth globally, per Gulf News
UAE non-oil merchandise trade Surged 27% to AED 3.8 trillion, with a target of AED 4 trillion by 2031, per Gulf News
UAE GDP growth Real GDP projected to grow 5.6% in 2026, per Central Bank data via Gulf News
Third-party approval None needed for this activity
Infographic: How to Start Other Specialised Wholesale Business with Meydan Free Zone

What This License Covers

Activity code 4660.00 licenses you to wholesale fuels, metals, and construction materials, chemicals and plastics, and processed scrap and recyclable materials to UAE industrial operators, shipping lines, and manufacturers. It covers trading already-processed and recyclable commodities in bulk rather than the collection or processing work itself.

The scope excludes wholesale of agricultural products, collection of household and industrial waste, treatment of waste aimed at disposal, processing of waste and scrap into secondary raw material through a real transformation process, dismantling of automobiles, computers, televisions, and other equipment, mechanical car shredding, ship-breaking, and retail sale of second-hand goods, each of which sits under a separate code.

If you wholesale fuels, metals, construction materials, chemicals, plastics, or processed scrap to UAE industrial buyers, this is the code you need.

Who Your Clients Will Be

Your customer base spans four groups: fuel, metals, and commodity wholesalers supplying UAE industrial buyers with bulk raw materials, construction materials traders supplying contractors and developers, chemicals and recycling traders moving chemicals, plastics, and processed scrap at scale, and firms supplying industrial operators, shipping lines, and manufacturers with the bulk commodities their operations depend on.

China remains the UAE's largest trading partner at 11.2% of trade, per Central Bank data reported by Gulf News, a signal of how deeply the UAE's wholesale trade sector is tied into global supply chains rather than domestic demand alone. A wholesaler who builds supplier relationships across more than one region is better placed to keep stock flowing even when one trade lane slows down.

Mainland or Free Zone

Factor Mainland (DET) Free Zone (Meydan Free Zone)
Direct industrial and shipping contracts Direct, standard route Workable via approved distribution structuring
Foreign ownership 100% 100%
Corporate tax Standard rate applies 0% on qualifying income
Setup process Standard commercial registration Fully digital licensing

Mainland registration through DET suits a wholesaler working directly with UAE industrial operators and shipping lines under standard commercial rules. Meydan Free Zone offers 100% foreign ownership, zero corporate tax on qualifying income, and a fully digital licensing process, and no third-party pre-approval is needed for this activity, which keeps your setup timeline simple.

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Step-by-Step Setup Guide

  • Step 1, book your trade name: Check availability through DET or your chosen free zone authority, confirming activity code 4660.00 is listed for your application.
  • Step 2, prepare your setup documents: Passport copies of shareholders and directors, your intended commodity segment, fuels and metals, chemicals and plastics, or processed scrap, and a business plan summary.
  • Step 3, get your initial approval and license: Meydan Free Zone's fully digital process moves quickly once your documents are complete.
  • Step 4, secure your warehouse or storage yard: Bulk commodities need proper storage and handling capability, so factor this into your premises planning from the outset.
  • Step 5, build your supplier and buyer network: Line up sourcing agreements alongside the industrial operators, shipping lines, or manufacturers you plan to serve, and confirm pricing, quality specifications, and delivery terms upfront to avoid disputes later.
  • Step 6, register with MOHRE if you employ staff: This covers warehouse, logistics, and trading staff who need visas and employment contracts under Wage Protection System compliance.

Compliance and What You Need in Place

Third-party approval

No third-party approval is needed for this activity, which keeps your setup timeline focused on supplier relationships and storage readiness rather than extra regulatory sign-off.

Anti-money laundering compliance

This activity is exempt from anti-money laundering compliance duties, keeping your ongoing regulatory load lighter than higher-risk trading categories.

Storage and handling standards

Fuels, metals, chemicals, and processed scrap each need proper storage and handling to meet UAE safety standards, so build your warehouse or yard setup around the specific commodity segment you trade rather than a generic storage plan. Getting this right from the start also makes it a lot simpler to pass safety inspections as your volumes grow.

Ongoing renewals

Renew your license every year, keep your supplier and buyer agreements current, and keep your MOHRE registrations up to date if you employ staff.

Market Opportunity

The UAE entered the world's top ten merchandise exporters for the first time in 2025, ranking ninth globally, per Gulf News, with non-oil merchandise trade surging 27% to AED 3.8 trillion against a target of AED 4 trillion by 2031. That scale of trade growth needs a deep base of wholesalers moving fuels, metals, construction materials, chemicals, plastics, and processed scrap to keep pace with rising volumes.

China's position as the UAE's largest trading partner at 11.2% of trade, alongside a real GDP growth projection of 5.6% in 2026, per Central Bank data reported by Gulf News, points to sustained demand for the bulk commodities this activity covers. A wholesaler who works across more than one commodity category is well placed to keep serving industrial buyers whatever segment of the trade cycle is strongest at a given time, rather than being exposed to a downturn in any single market.

Conclusion

Choosing a clear commodity focus at the outset, rather than trying to trade across every category at once, gives a new wholesaler a simpler path to building the supplier and buyer relationships this activity depends on. An Other Specialised Wholesale Trading license under activity code 4660.00 is a workable business anchored in the UAE's growing position as a global trading hub.

Meydan Free Zone's foreign ownership, tax position, and digital setup process give a wholesaler a practical route to serve industrial operators, shipping lines, and manufacturers across the UAE. A wholesaler with strong storage and handling systems in place from day one stands to build the kind of repeat, high-volume contracts that keep this activity workable well beyond the first year.

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References

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