How to start an apparel Business in Dubai?
The opening of an apparel business is one of the profitable businesses. Dubai is known for the shopping spree where brands worldwide come to host their popups in several shopping festivals around the year. The fashion industry is globally renowned and with the developing population and evolution, it will be reaching heights more than any other business across the globe. If you are thinking of starting an apparel business you are required to follow a few steps and with the help of experts you can easily set up the business in Dubai.
Steps for starting an apparel business in Dubai
License
To start the apparel business in Dubai first, you need approval. The Department of Economic Development provides e-commerce in various jurisdictions from free zones to the mainland. The Dubai License is based on the capital and legal framework that lawfully allows you to run the place and retain all the benefits provided by the UAE Government.
Documents
The next step requires submitting the necessary documents to the Department of Economic Development such as passport copies, stakeholders Id, verified online application form, business plan, residential address proof, and contract of lease.
Choose the office space
Choosing an office space should resonate with the brand’s entity and should be in the jurisdictions, and budget. It is recommended to set up an apparel business in Dubai Mainland as the apparel business requires a shop to sell the clothes. Deciding the right kind of business centre in the emirate could get you the traction required for a business to generate more revenue and profit.
Pick the Logistics Support
Dubai has well-connected transportation and infrastructure that allows you to reach global markets. Reliable and consistent shipping allows the seamless delivery of products to the client’s address. The shipping companies in the UAE offer a myriad of corporate packages to businesses that save costs and align with the brand’s requirements.
Documents required for setting up an apparel business in Dubai
- Detailed Business Plan.
- A pre-approval letter from the Department of Economic Development.
- Ejari attested to the tenancy agreement.
- The passport copies for the directors and stakeholders.
- Drafted a Memorandum of Association with the local business partner.
- If you are opening a wholesale garment business, finalize the business centre.
- Submit all these above documents to the Department of Economic Development to generate the payment voucher.
Cost to start an apparel Business in Dubai
The cost of retaining a business license in Dubai costs AED15000. There are chances where the cost can go up such as business registration costs, government costs, local partner fees, rent, and tenancy protection.
FlyingColour Business Setup Services help you in setting up the business from scratch starting from opening up the shop in Dubai. Our team of experts helps in planning, finances, licensing, documentation, accounting, taxes, and more. We help you in finding the best space with a series of benefits and incentives from the government that helps in the growth of business and gain huge exposure in the long run.
