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How to Start a Garment Trading Business in How to Start a Garment Trading Business in How to Start a Garment Trading Business in Dubai?
Dubai, as a city, is high on fashion. It has everything, right from globally renowned brands to Arabic couture. The city has become the Middle East’s fashion oasis thanks to the retail development of the preceding decades.
And UK investors, being no strangers to the ready-to-wear industry, can choose to carry the garment trading business in Dubai.
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For the fashion and retail sector in the UAE, Statista Market Forecast predicted revenue of US $ 2,337 million in 2021, increasing annually by 11.88% by 2025 to reach a projected market volume of $3,662 million.
Given the positive growth, a garment trading business will undoubtedly flourish in Dubai’s favourable business environment.
So if you want to start a garment trading business in Dubai, keep reading. This blog will explain all you need to set up a garment business in the UAE, including the benefits, documents, procedures, and costs.
What Are the Benefits of Starting a What Are the Benefits of Starting a What Are the Benefits of Starting a Garment Business in Dubai? Garment Business in Dubai? Garment Business in Dubai?
A businessperson may establish a company in the UAE for various reasons. The following are some of the benefits you can reap from a garment business in Dubai:
Massive market to grab and a fantastic chance to enter local markets.
International exposure to strengthen your brand’s visibility.
Simple setup on the Mainland, free zone, and offshore
There is no personal tax to be paid.
Connectivity and a strong network that makes transit easier
Excellent seaports
100% foreign possession
What Documents Do You Require to StartaGarmentBusinessinDubai?
All businesses in the UAE are required to adhere to the documentation requirements outlined by the governing agencies. The following documentation is necessary to launch a garment trading business in Dubai:
A copy of your passport
Passport-size photographs
A copy of your entry visa
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Additionally, your need for additional documentation is based on the chosen business activity, business structure, location, trade license of your clothing business in Dubai, and many more. Our setup specialists can provide you with a detailed document list based on the requirements of your garment business.
What is the Procedure to Start a Garment Business in Dubai?
To start a readymade Garment trading business in Dubai, follow these steps:
1. Recognise Dubai’s Framework for the Garment Industry
2. Identify Your Target Audience and Material Sourcing
3. Choose a Name for Your Garment Business
4. Choose Company Structure
5. Choose a Business Location
6. Apply for a License
7. Obtain a Trade License
8. Have an Omnipresence