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How to open a store in Dubai, UAE
Opening your own business in the retail sector in the United Arab Emirates is definitely a promising investment. Retail is one of the most sought-after and profitable areas. It is important to remember that there is a waiting list to get a retail space in popular shopping centers, and rents can be significant.
Trading, like other industries, is regulated by strict standards and requires a set of documents and premises to meet the standards set by the Dubai Municipality. Some businesses may involve additional approval procedures with specialized departments. These can be discussed in detail with a company specialist during a free consultation.
The process of opening a store includes the following stages:
- Choosing a name for the business and obtaining the appropriate license, according to the laws of the country.
- Selection of premises and its preparation according to the established standards of safety and environmental friendliness.
- Registration of a visa for the founder of the business and his employees with prior clearance from the Ministry of Labor.
- Obtaining approval to operate from Dubai Municipality.
- When opening a grocery store, it is necessary to pass product safety inspections and obtain certificates for certain categories of goods.
- Open a corporate bank account.
To speed up the registration process and minimize risks, we advise you to contact competent lawyers. Sign up for a free consultation with an Openbiz specialist and find out how to open a retail store in Dubai.
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