Inaugurate Your Own Perfume Business in Dubai Within 10 Days
- by admin
- 0 Comments
Perfumes possess the sensational aptness that can undoubtedly and exceptionally induce multitude emotions and vibrancy. Especially, the charisma and influence of the UAE into the perfume industry has brought it to a greater level. Dubai is well known for its bright shine of the perfume industry which boasts more than 500 million dollars and this number is even projected to grow 2x of current revenue by 2027. It’s a promising and money making industry in Dubai wherein one of the popular categories is Attar.
If you are here to start your Perfume Venture in the Dubai market, then you are at the place! We Quick Ventures provide you with each service from starting your perfume brand in Dubai till growing it to an exponential level. Stay Tuned to know the complete guide on how to initialise your own business!
Establishing Perfume Business in Dubai
Understanding the rules, regulations and policies for setting up a perfume brand in Dubai is essential and would be better. You will also need to decide certain things like the type of business entity you will own, shareholders, category you will deal in and the license and documents to start the business.
- The first thing you will be requiring is researching and analyzing the market. This step will help you in having a comprehensive knowledge of perfume business for sale in dubai, the latest trends of the industry, big players of the market and also the upcoming players, potential of the business, customer’s choice
- a legal structure and full-proof business plan which includes setting goals, mission and vision of the company, dedication of operational activities and business strategies, planning marketing and sales criterion, planning to put capital at right space. These all things are crucial which decides the success or failure of a venture.
- You will need to come up on which legal structure your company will work. It could be a proprietorship, private limited, partnership or limited liability company. Each category has its own specifications.
- This step needs you to work on hire and work on team building since a team is core of a business. You will extremely require perfumers who could create unique scent or smell which could be their niche. You would need to create a hero-product which nobody else can provide better than you or create a collection, launching the perfume brands in Dubai would also rock.
- Now, you need to be present everywhere for your costumes to trace and buy from you. Register on all online platforms or e-commerce platforms, create your own brand’s website, create social media accounts and sell from there too. Every brand today
- It is a highly important and primary thing to consider for running a Perfume Business In Dubai. You will need to acquire equipment with all the essential documents and licenses.We will talk about the documents in brief.
- The documents you will need are a trade licence, get approvals from relevant authorities like Dubai Municipality, shareholder’s passport copies, UAE visa such as a residence or investor’s visa.You will also need a Memorandum of Association which is a legal document containing the details of your perfume brand in Dubai, about its shareholders
- In the next step, you will be required to set a trade name reserved to be used by your brand and company which has to be done with the DED
Costing of Setting up a Perfume Business In Dubai
The expenditure of establishing a business in perfume at Dubai virtual commercial city can cost you somewhere around AED 20,000 to AED 50,000 depending upon the type of entity and company you’ll be owning under which the fee for registration, license, legal charges as well as additional costs gets added. It can vary upon the criteria and variety that your business will be dealing in such as office space, legal structure. Renting a good office space plays an extremely core part for a Perfume business in Dubai. Rent requires money too which consumes a good part of your capital. Rent charges differ as per the size, location, proximity to prime locations along with the amenities provided in the office space. This can yearly cost you AED 50,000 to AED 200,000 per year varying the needs and demands you make.
Read also: Launch Your 1st Virtual Company in Dubai
You need to be handy with a projection capital of the next 3 – 6 months because it will take some time to market and promote your perfume brand in Dubai, the results would be seen after putting enough effort and promotions.
How Does Quick Venture Help You Set Up a Perfume Brand in Dubai?
Being the industry’s major player, we help venture owners to establish their business in Dubai, UAE & Dubai virtual commercial city. Since the perfume industry in Dubai is long serving along with bearing huge profits associated with it. IT is a trade friendly and strategic location which has its own authorities of different departments who issue the license. Here, getting approval is mandatory which is why it is better to hire a business consultant instead of doing it solely and waiting for years. It can take 1 year to 2 years to get approvals and documents required to run the business which is easily guided and suggested by a business consultant, they make this hassled process easy and convenient. We are one of those.
Business owners choose us because they trust us, we are a trustworthy, transparent organization that works fully on ethics, values and customer satisfaction. The quality of our work is ensured 100% which is possible due to our persistent and talented team who comes from the same background with almost a decade of experience into the same industry.
Contact us today to know more about the details and get yourself a quotation!