How many of you know exactly what a boutique is before giving information on how to start a boutique in the UAE including Dubai? In fact, a boutique is just a shop, but the language dictionary says boutique is a store for modern clothing, jewelry, and shoes. Be that as it may, let’s see how a foreign investor or expatriate can start a boutique in Dubai.
Requirements Boutique Shop/Business
The first step is for the investor to communicate with the people in the place where she/he intends to start a boutique shop/business. Of course, the owner (she/he) must have local support-after organizing your business plan to set up your boutique in Dubai, try to board a UAE citizen to support the business plan. Things will only get easier with the support of a local partner. It is mandatory to start a business in Dubai and other parts of the UAE with a UAE regional partner who owns at least 51% of the company. But there is no such formality in everything, this is effective unless you are signing an investor protection agreement or starting a business in the fee zone.
What kind of boutiques are there in Dubai at the moment? There are different types of boutiques out there right now. There are many types of boutiques, including stores that sell designer clothing, neonatal fashion, and boutiques for women, or specialty clothing such as saris and dresses. Establishing a boutique business in this area is very simple, Capital in the initial stage will not be the same for all types of boutiques.
Investors also have a right to know how much it costs to start a boutique business in the UAE, which includes Dubai. Such interests of the investor (she/he) are important and of course no longer in to it. Clothing boutique owners estimate the cost of starting a clothing store or boutique can range from 50,000 USD to 1, 5000 USD. But this amount is never fixed and, of course the actual amount may vary depending on the location, products and personal facilities. This is because in a location where you want to get more business, naturally the cost will be significantly higher.
What qualifies you to start a boutique? There is a clear answer to this question, the ability to run an organization is important, and it should be able to treat most customers with the utmost courtesy, as we know it. You do not need a license, certificate or degree to start a boutique in India. However a professional qualification anywhere in the world outside of India may help you to brand your expertise as excellent, but it is never a mandatory requirement.
You can never start a boutique own your own. There are many trusted business set up consultancies in the UAE and the help of such consultancies or platforms should definitely be sought. Or you may have to give up your attempt half way.
These days, online boutiques are making a lot of money in the UAE, including Dubai, may be this is the age of online marketing. With more people buying online than ever, starting a boutique is a huge rush of full time business ideas. The average income of an e-commerce boutique owner is 6,013 USD per month. In short, your decision to start a boutique is appreciable.
The process of Starting Boutique in Dubai
Submit copies of your passport and visit visa.
Get the NOCs needed for initial approval & name approval.
Draft and sign the Memorandum of Association (MOA) with the UAE local partner.
Finalize the shop space.
If it is a wholesale garment business, finalize a business center.
If you have the money, the confidence and energy to invest, of course boutique business can help you both women and men grow and develop on their own in the UAE, which includes Dubai. Yes, the UAE beckons.