How to open a grocery store in Dubai, UAE

How to open a grocery store in Dubai, UAE - Makebiz

The trade industry forms a significant part of the economy in the UAE. Among the narrow specializations, it is worth paying attention to grocery stores. They provide residents with essential products that are in daily demand. However, it is worth remembering that this sphere is characterized by strict regulation of activity.

Opening a retail store requires a commercial license, permission from the Dubai Department and compliance with food safety and storage. It is also worth bearing in mind that any type of advertising placed in the store must be approved by the Department. Sales can only be made under the standard billing system. Supermarkets are exempt from corporation tax, but the store will need to obtain a VAT registration number and file annual tax returns.

Let us note the basic steps in starting a company:

1. Registering the name of the company with a focus on the legal requirements.

2. Obtaining a license to operate.

3. Renting premises for trade and a warehouse. It is important to keep in mind the standards of product storage and have all the necessary safety equipment.

3. Obtaining a trading permit from the state authorities.

4. Obtaining certificates and declarations for the goods, if necessary.

5. Opening a corporate account.

To minimize risks and avoid mistakes during the opening of the company, we advise you to contact professionals. Makebiz specialists will tell you in detail about the upcoming processes and help you prepare the necessary documents and approvals. Sign up for a free consultation and find out how to open a grocery store in Dubai.

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