How to open retail shop in Dubai?

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How to Open Retail Shop in Dubai?
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Nothing is more impressive than numbers,
especially in business. So, here are some
astounding figures of retail business and retail
space in Dubai. UAE in general and Dubai in
particular is known as shoppers paradise.
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3
This bustling emirate is literally littered with
shopping malls and therefore labeled as 2nd most
important market in terms of turnover.
Moreover, "Dubai Shopping Festival" which is
held every year ( Jan / Feb ) is the brainchild
of Dubai's economic superstars which has
attracted more than 60 million tourists and
fetched this country more than DHs 150 Billion.
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4
Do these numbers look awe-inspiring? No? Then
here is the knockout punch. With Expo 2020
knocking on the door these numbers will quadruple
within a short time.
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5
So, how to open a retail store in Dubai?
Excellent and logical Plan Whether you are
planning to open a retail store in Dubai or
elsewhere, you need to do your homework. Research
is the key to success. Work out the numbers.
Funding is something which requires excellent
mind and brain.
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6
If you are incapable of calculating the cost
yourself hire company setup consultant in UAE
such as Business Link UAE who are experienced,
efficient and extremely transparent in their
functioning. Remember, you need to provide a
generous buffer after calculating the total cost.
The extra finance will come in handy during the
gestation period or addressing hidden costs at a
later date.
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971 55 6070 118
7
Crafting a memorable business name A logo and
business name is something which is overlooked by
many aspiring business entities. However, make
sure you take your time to finalize. Together
they form unique business identification.
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971 55 6070 118
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In the long run especially if your services are
good and rates reasonable, customers will flock
at your place carrying just your brand name.
Dubai is full of such brand success stories.
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9
Finding an understanding local partner This
step is mandatory for those who wish to start
retail business in UAE especially in Dubai's
mainland area. The law requires you to rope in a
UAE local who owns not less than 51 of your
proposed business. It may sound discerning, but
actually there is nothing to worry.
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971 55 6070 118
10
There are ways and means to keep this sleeping
partner away from decision making. Once again a
local business setup consultant can help you find
such a person and also draft supplementary
agreements.
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_at_company/businesslinkuae
info_at_businesslinkuae.com
www.businesslinkuae.com
971 55 6070 118
11
Renting space to start a retail store in
Dubai Renting a retail space is tricky,
especially if you are new to UAE. However, there
are ways to address this issue. You can survey
several locations, spend some time, analyze the
customer flow, shopping style and the kind of
merchandise that is in demand or simply hire a
business consultant.
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www.businesslinkuae.com
971 55 6070 118
12
A point to note - renting a shop needs
permissions from Dubai municipality and
associated agencies apart from additional
documentation, certifications and visas.
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971 55 6070 118
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Costs Unfortunately, cost of setup a shop in
Dubai varies and typically depends on the type of
retail outlet that you intend to open.
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_at_businesslinkUAE
_at_company/businesslinkuae
info_at_businesslinkuae.com
www.businesslinkuae.com
971 55 6070 118
14
Conclusion As mentioned above, Business Link
UAE provides services to local and foreign
nationals, to open retail shop in UAE at an
affordable price point. Business Link UAE is
transparent, efficient and boasts high success
rate. Like we mentioned - nothing is more
impressive than figures when it comes to business.
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_at_businesslinkUAE
_at_company/businesslinkuae
info_at_businesslinkuae.com
www.businesslinkuae.com
971 55 6070 118
15
Contact US
Business Link UAE Contact No 971 55 6070
118, Telephone No 971 43 215 228 Email Id
Info_at_businesslinkuae.com Address Oasis Center,
3rd Floor, 104, Sheikh Zayed Road, Dubai,
UAE www.businesslinkuae.com
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info_at_businesslinkuae.com
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971 55 6070 118