How To Start A Boutique Business Setup in Dubai?
BOUTIQUE BUSINESS SETUP
Before opening this business one needs to understand properly, what is a Fashion Boutique? It is a store where one can buy exclusive clothing, accessories, jewelry, handbags, and anything related to fashion at premium prices. They can costly because of superior quality and exclusive. To open a boutique one needs to decide the type and scale of boutique keeping the cosmopolitan culture of Dubai.
In the last couple of decades, the Middle East is a hot spot for everything expensive and chic. Botiques business for fashion is no exception. Because this is a complicated subject this paper is divided into several detailed parts that cover all the aspects of the fashion industry. The aim of the research is to provide an insight into the indie fashion scene in Dubai. Indie fashion is a small sub-segment of the fashion industry and as such it’s closely dependent on the fashion industry as a whole. The overview of Dubai’s fashion industry as a whole will give the reader an idea of the indie fashion scene as well. Firstly, a general overview is made in the fashion industry and market in the Middle East and its fashion center, Dubai. The apparel market in the region is dissected by sectors and its potential is measured. Furthermore, the attention is directed toward one of the most profitable branches on the internet, e-commerce. Its worth and growth are measured and trends are being presented. Then, the population is dissected by age, sex, and nationality, and with that potential customers are being targeted.
- Fewer market visits as mostly the fabrics will come to the shop
- Most of the times clients are responsible for the quality of the Fabrics
- Your profit will increase as you can earn from the fabric sales
- You can sell readymade dresses too
- You can sell readymade dresses, Branded Handbags, accessories, footwears and more
Until and unless you spot on your competitors, you will never learn the trend of the market of Dubai as it could be challenging but also crimps a wide scope. The market research will also help you find the missing things in the boutiques of your area. A boutique can serve the crowd of any nationality by serving them with indigenous attire.
PROCESS OF BOUTIQUE LICENSE REGISTRATION IN DUBAI
- One has to submit passport and visit visa copies
- We will help you in getting name approval & NOCs for eg. For shop, Dubai Municipality will give permission
- We will help you in finding the local partner and drafting MOA
- You have not to worry about shop space or a garment business center for wholesale business, we are going to assist you
- Documents will be submitted to DED and a license will be issued
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Mainland Company Setup
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
Presently, there is no requirements to deposite the share capital in UAE local bank.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space