The UAE, with its ambitious agricultural development plans and growing focus on food security, presents a lucrative market for the wholesale trade of agricultural machinery, equipment, and supplies. This industry plays a pivotal role in supporting the country’s agricultural sector, enabling farmers and agricultural businesses to adopt modern technologies and improve their productivity. The UAE’s agricultural sector is experiencing steady growth, driven by government initiatives and investments. This growth has fueled a corresponding increase in demand for agricultural machinery, equipment, and supplies. The market is characterised by a diverse range of products, including tractors, harvesters, irrigation systems, fertilisers, and seeds.
The UAE is a net importer of agricultural machinery and equipment and is also a significant exporter of re-exported equipment and supplies, leveraging its strategic location as a regional hub. There is a growing demand for advanced technologies, such as precision agriculture solutions, automation, and renewable energy systems, to enhance efficiency and sustainability in agricultural operations.
For entrepreneurs who want to join this lucrative industry, here are the business activities you can choose under your business license.
4653.00 – Wholesale of agricultural machinery, equipment and supplies
The wholesale of agricultural machinery, equipment, and supplies involves the purchase of these items in bulk quantities from manufacturers or distributors and then selling them to retailers or directly to farmers. This business model is essential for providing farmers with the tools and resources they need to cultivate crops and raise livestock efficiently.
From machinery like tractors and harvesters to equipment such as cultivators and seeders, and supplies such as fertilisers and protective gear, there is a wide range of items involved. In the wholesale trade, distributors, wholesalers, and retailers work hand in hand to create a supply chain. Wholesalers typically provide farmers with access to a wide range of products in one place.
Third-party Approval: Business activity 4653.00 is exempt from this requirement
Filing of Economic Substance Return: Business activity 4653.00 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 4653.00 is exempt from this requirement
4653.01 – Wholesale of agricultural machinery and equipment: Ploughs, manure spreaders, seeders, harvesters, threshers, milking machines, poultry-keeping machines, bee-keeping machines, and tractors used in agriculture and forestry
This business involves the bulk purchase of agricultural machinery and equipment from manufacturers or distributors and then selling it to retailers or directly to farmers. These products are essential for modern agricultural practices, improving efficiency, productivity, and overall yield. Ploughs, manure spreaders, seeders, harvesters, threshers, milking machines, poultry-keeping machines, bee-keeping machines, and tractors used in agriculture and forestry are all essential items required in this process.
Third-party Approval: Business activity 4653.01 is exempt from this requirement
Filing of Economic Substance Return: Business activity 4653.01 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 4653.01 is exempt from this requirement
4653.02 – Lawn mowers however operated
Lawnmowers are powered tools used to cut grass and maintain lawns. They come in various types, each with its own operating mechanism. They can be crucial in the agricultural process as well. Manual push mowers are the most basic type, operated by pushing the mower forward, and electric mowers are powered by rechargeable batteries. Meanwhile, riding mowers can be either gas-powered or electric, operated by riding on it. Zero-turn mowers are highly manoeuvrable mowers with two independent drive wheels. Lawnmowers also have features and accessories such as baggers, mulchers, and side discharge.
Third-party Approval: Business activity 4653.02 is exempt from this requirement
Filing of Economic Substance Return: Business activity 4653.02 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 4653.02 is exempt from this requirement
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