How To Start A Fashion Design Company In Dubai?
jacob george2024-03-08T11:30:58+00:00
The global position of Dubai as a thriving tourist location and epicenter of global trends in tech, fashion, and food makes it the ideal location for fashion enthusiasts to grow by starting a fashion design company in Dubai. Follow these seven steps if you want to start a fashion company in Dubai, United Arab Emirates:
Pick A Business Name
Avoid using unpleasant or obscene language or making religious allusions when choosing a name for your fashion design company in Dubai.
Select The Activities
Determine your line of business From the Dubai Department of Economic Development’s list, pick the ventures that apply to your fashion design company. On your license application, it’s critical to list all of your business activities.
Select The Jurisdiction For Your Company
Depending on the nature of your fashion business, choose between setting up a free zone company or a mainland firm. While mainland corporations demand a local sponsor owning 51% of the shares, free zone enterprises provide foreign nationals 100% ownership.
Submit Your Application
Submit your application for a license to the Department of Economic Development of Dubai. A seamless application process may be ensured with the help of 3AGlobal
Apply For Visa
Submit a visa application Apply for a resident visa for the UAE, which has many requirements, such as a medical exam and biometric scanning. You might be able to sponsor visas for family members and employees depending on your license.
Open A Corporate Bank Account
Open a corporate bank account. To start doing business, open a corporate bank account for your fashion design business. This last action might be guided by 3AGlobal.
Detailed business plans, license applications, completed company name registrations, initial approval certificates from the Department of Economic Development, tenancy contracts (if applicable), Memorandum of Association (MOA) documents, passport copies of shareholders and directors, and passport-sized photos are all needed to start a fashion business in Dubai.
Why does the selection of the right business consultants matter?
When starting a business in the UAE, the most important thing is selecting an experienced business consultant. They will ensure that your licensing and other tasks like accounting, bookkeeping, and bank account opening are executed without delay and mistakes. This is crucial because choosing a substandard agency to save a small amount of money can lead to significant trouble. The rules and regulations are complex, and without the right knowledge of packages, you may lose a significant amount of money during renewal or liquidation, etc.
How 3A Global Corporate Services Provider Can help Your Business?
To get your fashion design company License in Dubai requires an experienced and talented pool of professionals. We have 16 years of experience in company formation in the UAE. Feel free to contact us for expert advice.
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