How to start a garments Trading Company in Dubai
Dubai has continuously shown itself to be a center of business city of the Middle East and a rewarding platform for young entrepreneurs in the garment business. Dubai is home to one of the world's largest consumer markets for clothing and accessories, from conventional and multicultural to casual and formal apparels. E-commerce facilities have been the solution for businesses setup in Dubai.
The government has also launched various e-commerce licenses in an attempt to diversify the economy in order to set up a rigorous platform for the construction of UAE Business plan services for foreign investors.
The business setup in Dubai is not hard, but many international businessmen have no knowledge of local laws so it is advised that a professional agent for setting up a textile business in Dubai be called. If you would like to launch a garment business in Dubai, you may use our company formation services in Dubai to help register the company.
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A garment business can be launched in Dubai mainland or in several freezones in Dubai. Nevertheless, in any part of Dubai mainland there is more population density than any freezone. Therefore, business setup in Dubai mainland region is more profitable. You will need to file with Department of economic development (DED), a government group aiming at organizing the business registration process, if you wish to start textile business in Dubai mainland. Mainland businesses have no limitations as far as their local and international trading operations are concerned while as freezone has its own laws and regulations.
The phases you might need to go through are as follows:
i. Send all documentation originally required, such as passport versions, visa and other papers.
ii. For the name approval and formal approval of your store, you may need NOCs.
iii. Next find a local affiliate and sign a Memorandum of Association (MOA) with him/her.
iv. Choose the right place for your business to suit your needs. In case of a wholesale fabric store, you are expected to pick a market location.
v. Submit the application form along DED together with the above documents to enable you to obtain a permit to open a garments Trading Company in Dubai.
vi. Collect license. You can produce, make, distribute and also export the garments to other countries using the DED certificate. This process takes time and you should also approach a professional consulting firm to assure your authorization is accepted.
A comprehensive guide for business setup in Dubai is given below.
1. Obtaining Trade License: The first step is to legitimize your textile business in Dubai. A trade license must authorize the corporation to operate legally in the area, access public services and any other special opportunities the zone provides.
2. Local Sponsorship: Your start-up may initially need a lot of support. Many programs can allow a local provider to bill separately. Do not go on sponsoring until you have agreed between each other what to expect, and the Local Court will produce and certify a written agreement. Don't just depend on verbal details.
3. Getting office space: Buying or renting some office space in Dubai is also one more charge in connection with various costs of setting up garment business, which involves businessmen to experience full paper work, permits and logistic installations routine.
4. Ecommerce Website: An e-commerce website is a portal which provides the information of all garments digitally and is the only outlet which can transfer funds to the trader's account.
5. Costs: There are variations in the cost of establishing a textile business in Dubai between regions.
Shuraa Business Setup (since 2001) is an award-winning Dubai company that offers a variety of quality facilities including Government approvals, local sponsorships, lower costs, office space, digital marketing, business creation, UAE permits, trade licenses, online payment solutions and other professional services in Dubai. As experienced professionals, we understand the business needs and promise 100% fulfillment in all the services we offer. Get in touch with us to get the company formation services in Dubai; with regard to the incorporation of any form of company, our local Delhi Branch consultants will assist foreign investors with their business here or visit our website www.shuraa.in
Shuraa Business Setup (Delhi Branch) 108, Square One, Saket, New Delhi 110017