In recent years dropshipping has experienced a stark rise in its popularity. The global market has shown an upward pacing of almost 30% annually, indicating to reach the glocal market at USD 557.9bn by the year 2025.
Thanks to the peoples inclination towards online shopping and easy setup procedures Dubai is emerging as an ideal trading location for this pattern of business. Home to a number of warehouse facilities with the potential of a dropshipping site and an easy company formation in Dubai process with 0% personal and corporate income tax, the emirate provides an elevating business environment.
What is dropshipping?
Dropshipping is a business process model where an online seller acts as a shop front and fulfils customer orders without holding the stock under him. The dropshipping company directly ships the physical item to the buyer. Dropshipping allows sellers to offer a range of inventory without holding stock and taking on the associated costs. Instead, items are ordered and shipped on an order by order basis.
Track down your specialty and choose what to sell
The key factor in finding your niche is a thorough market research. Trends feature and google keyword planner is some of the successful tools to assess the local interest. Figure out the products residents are willing to pay for .
Find a reliable supplier
Finding a reliable supplier plays a vital role as the process of getting inventories and shipping depends upon them.
License required for starting a Dropshipping business in Dubai
To take part in any Trading Activity in Dubai or the more extensive UAE, you will require a trade license. In this case, you will require an online business permit i.e e-commerce license. Luckily, with the right direction and backing, online business licenses are not difficult to get. The most basic and savvy approach is to apply to incorporate your business in one of the UAE’s free zones. Starting a Dropshipping Business in Dubai
Get a free consultation at Flying Colour Business Setup in Dubai Services where our team of experts will guide you through the company setup process in the free zone. From setting up a free zone company to choosing a name for your company, at Flying Colour Business Setup Services, we will assign you a dedicated team of experts who will manage the whole company formation process on your behalf, making your life hassle-free.Our experts will also act as a liason among all the relevant bodies, on your behalf. AT Flying Colour Business Setup Services our team of professionals will familiarize you with the best financial institutions that are likely to assist you in getting their corporate banking services when you are ready to start your own dropshipping business in the UAE.