Prime Tower, Office# 2707, Business Bay, Dubai, UAE
Before opening this business one need to understand properly that, what is a Fashion Boutique? It is a store where one can buy exclusive clothing, accessories, jewellery, handbags and anything related to fashion at premium prices. They can costly because of superior quality and exclusive. To open a boutique one need to decide 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. 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 the 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. It’s worth and growth is measured and trends are being presented. Then, the population is dissected by age, sex, and nationality and with that potential customers are being targeted.
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.
from corporate tax
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
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>