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How to Setup a Retail Business in Dubai?

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How to Setup a Retail Business in Dubai?

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The Dubai Chamber Analysis forecast a 5% growth for the Dubai Retail Sector over the next 5 years. 6 Steps in Setting Up your Retail Business in UAE

1. Find a Local Sponsor with 51% of Ownership

2. Documentation and Trade License Application

3. Completion of Business Registration and License

4. Know the Jurisdiction for Setting-Up the Retail Shop

5. Permissions to get the Shop for Lease

6. Laws regarding hiring employees

Focus Areas to Consider Before Setting Up a Retail Shop in Dubai

1. Have a Robust Business Plan in Place

2. Overestimate your expenses to plan your finances better

3. Take stock on the fundamental Start-Up Costs

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