Dubai has historically been a trading centre and that is owing to its geographical location and financial placement in modern world economics. This is why setting up a business in Dubai would not be surprising taking into account the atmosphere of the business and the provisions that enable it rather than discourage it. UAE is also a member of the WTO (World Trade Organisation) and has the provision for free zone company setup and other facilities that is sure to bear a positive impact on your business. Dubai also has minimal foreign exchange restrictions which makes it a very good option for setting up any trading business. Out of all the sectors within trading, foodstuff sees a lot of competition and that is because of the standard that UAE maintains regarding the quality and the reputation it has earned as a reliable foodstuff trading hub.

If you are also thinking about getting started on the foodstuff trading in Dubai, you should take a look at the following steps that will help you.

Steps To Be Followed for Starting Foodstuff Trading Business In Dubai

• Plan your business – Just wanting to know what you want to operate in is not enough. Before you apply to register yourself as a company in Dubai, you need to have a concrete plan of business. Some of the decisions that you might have to take include the location of office, the number of employees, any tie-up with a bigger brand or whether you want to operate as a wholesale company or a retailing one. It is only when you have these nuances figured, will you be able to paint a reliable picture of yourself and make the setup easy.

• Get in touch with a registration agent – There are a varying degree of licences and jurisdictions to choose from and each allow a certain kind of activity and liberation. You will have to figure out the combinations that work for you and a registration agent will not only help you figure this out but will aid you in the registration as well. This is a very important step as it will determine your space of operation and can make or break your business.

• Get your licence – If you are setting up your business in the free zone, there will be a 100% investor ownership whereas this will be shared if you get a local licence. The licence may vary in costs and will help you delve in more products as you go higher. General licence will give you the right to trade a wider range of products. The documents required from your side here would include visas, employee information, and domain name registration and so on.

• Find a sponsor – If you are operating locally, which is common for foodstuff trading in Dubai, you would need to finalise on the local sponsor you want and their degree of involvement and concern.

• Get the itemised costs – You would have to cover the itemised costs for the registration to be completed and this would be exclusive of the visa costs. It usually takes 45-60 business days to get this completed but you constant availability can speed up the process.

Business Link UAE will help you in setting up a foodstuff trading in Dubai and will help you navigate through all these steps without much hassle.