How to Open a Grocery Store in Dubai?

Open a Grocery Store in Dubai

Are you confused about which business you should begin in Dubai? We recommend you open a grocery store in Dubai because this store will give you several opportunities and multiple trading avenues. You might be surprised to know that the emirate’s international and multicultural population demand for world foods, increasing demand for grocery stores in this city. Have you been convinced to start your Grocery store in Dubai and are considering how to open your grocery store in this Emirate? Therefore, you should spend some time with us because we will give you all the essential information to start your grocery shop in this city.

What are the benefits that you can get by starting your grocery store in Dubai?

From easy export and import to high demand, you can enjoy countless benefits by starting your grocery store in Dubai. So, let us take a look at the top benefits you can enjoy by beginning your grocery store in this Emirate:  

1. Immense growth 

You might be surprised to learn that the grocery store market is experiencing high growth.  In recent years, the food and grocery store market made a revenue of more than $30 billion.  Do you want to learn about more growth? So, the sector is expected to experience a growth of a CAGR rate of 5 per cent by 2025. If you want to enjoy this immense growth, you should begin your grocery business in Dubai.  

2. Demand 

As we mentioned above, the demand for grocery stores is increasing in Dubai which can help you make your grocery shop an enormous success. Are you wondering about the reason for the immense growth? You might be surprised to know that Dubai’s population is continuously increasing and consists of most expatriates worldwide. This fact creates a high demand for a broad variety of groceries.  

3. Access to a wide variety of products.

By starting your grocery store in Dubai, you can get access to a wide range of products like deli products or vegan-based food options. With the help of a wide range of products, you may get the ability to target specific and different audiences.  

Top things to remember before starting your grocery store in Dubai.

When you start your grocery store in Dubai, you must remember a few things because these things can make or break your decision to begin your grocery store. The following are the top things that you should remember before starting your grocery store in Dubai:  

• If you are required to make any change to your trade license, you must get approval from the Department of Economic Development (DED), government, and municipal authorities.
• For any promotion, advertisement, banner, and wall posters, you must apply for the pre-approval from the DED.
• You must notify the DED about all the products that you are selling in your grocery store. Plus, you should ensure you don’t sell any herbal, cosmetic, or herbal products because a grocery license doesn’t have permission to sell these products.
•  You must obtain a VAT (Value Added Tax) registration number and file the return as it is compulsory in the UAE.
• All sales must carry a standard invoice system.

 

Documents required for starting a Grocery Store in Dubai

When starting a grocery store in Dubai, you are required to submit a few documents to set up your grocery store without any problem. Below is the list of documents you need to begin your grocery store in Dubai:  

• Municipal approvals
• Company name approval from the Registry Office
• Copy of your passport and visa.
• Copy of the tenancy lease contract
• Trademark registration from the Ministry of Economy

  In most cases, you only need these documents to start your grocery store. However, in specific cases, you must collect a few more documents. Therefore, you should consult Flyingcolour Business Setup to ensure you have all the required documents as per your requirements.  

What is the procedure for setting up a grocery store in Dubai?

To start your grocery store in Dubai, you must follow the right path to avoid any problems in starting your grocery store in this city. The following is the list of steps you must follow to start your grocery shop in this Emirate:  

➢ Conduct research.

Initially, you must conduct deep research about the UAE grocery market and prepare a foolproof business plan. In the business plan, you should include insight into location, business structure, products you want to sell, and more.  

➢ Choose business activities.

Next, you should select the appropriate business activities for your grocery store. Remember, there are more than 2000 business activities, but you should only choose those that are relevant to your business. If you conduct business without proper business activity, you must face severe problems.  

➢ Apply for initial approvals. 

Once selecting business activities for your grocery shop, you should apply for the initial approval. In this step, you should submit the required documentation to the DED and the UAE government. After reviewing the document, the DED will issue your initial approval.  

➢ Select a business name.

After obtaining initial approvals, you should choose your business or trade name adhering to the UAE naming guidelines. Your trade name must be registered with the DED and other relevant authorities. Remember, you should keep the same trade name on the signboard of your grocery store.  

➢ Find the location 

Next, you should find the appropriate location for your grocery store in Dubai. Remember, you must ensure the premises meet the Dubai Health and Cleanliness standards. Once finding a reliable location, you should obtain a tenancy contract and obtain the Ejari.  

➢ Apply for the license.

After finding the location, you should submit the commercial license application to the Department of Economic Development (DED). Remember, this license only lets you perform a few permissible activities.  

➢ Open a business account.

Next, you should open a corporate bank account in the UAE bank. With this account, you can manage the transactions of your business.  

➢ Obtain visa.

Lastly, you must get a visa to get a permit to visit Dubai to operate your grocery store. Remember, you can also sponsor your family with the help of a trade license.  

How can Flyingcolour Business Setup help you?

Indeed, you can earn enough profits by starting your Grocery store in Dubai. However, you cannot set up your grocery store without proper knowledge, especially when you are new to the country. Flyingcolour Business Setup can help you at each step to start your grocery store in this city. To learn more about getting a Grocery store in Dubai, book a free consultation with one of the Flyingcolour team advisors. Please note that this article was published on  21/05/2024 by the federal policies and updates at the time of writing. For the latest info please talk to our consultant.