As a global business hub and one of the best places in the world to do business, it is not surprising that Dubai is a popular place for international and regional franchises. With its fast-growing population, high tourist levels and various demography all year round, the possibilities for international and local franchise busins are luertive and far-reaching. So, if you are considering setting a franchise company, the VAE – and specifically Dubai – is an excellent launch platform.
Franchise -industry in Dubai: overview
Dubai is one of the most successful franchising hubs in the middle and has grown rapidly in the last 20 years. The strong consumer market, a high levels of tourism and strategic location, in combination with its investor-friendly environment and corporate-friendly regulations, make it a popular option for investors and international companies that want to scale Seke Ese companies quickly.
The VAE actively encourages foreign investments with stimuli such as 100% foreign property and free zone and mainland structures, as well as a whole series of benefits that make it easier to set up franchise operations. Given the favorable environment, those who set up a franchise must, however, be confronted with high competition, expensive retail space and cultural and consumer behavioral differences that will be located.
Food and drink (F&B) is at the top of the list when he comes to franchising, with fast food, coffee shops and casual eet restaurants such as McDonald’s, Tim Hortons, Starbucks and Nandos found in the city. Retail brands such as Zara and Sephora are also well located here, as well as health and fitness center such as F45. Other popular franchise sectors are education, beauty, real estate and cleaning services.
How to start a franchise company in Dubai: step by step
Launcching a franchise company in Dubai is less easy than setting up the company completely again, but the government has made the process easier than popular popular franchise hubs thanks to corporate -friendly regulations, fast application process and visa processing. We have broken down the process in five steps to give you an idea of how long the process takes and what you can expect the way:
Step 1: Choose the correct franchise
Franchise models are popular and offer lucrative opportunities for entrepreneurs and investors, but you must choose the right one. To give your company the best chance of success, you investigate the Dubai market and its consumer trends, demography, competition and spending behavior. F&B, Beauty and Fitness are the popular sector, but they are also competitive. You must also apply for a franchise -opposite document (FDD) (FDD) (if used) or Equuivent from the franchisor to distinguish the business model, reimbursements, royalty structures, training and other factors, such as marketing support.
Step 2: Develop a business plan
The next step is to make a business plan and consider how you will secure financing. Ideally, your plan includes market analysis, strategy, objectives and financial projections. You must find out no matter how much investments are needed at this stage, so take the time to work out franchise costs, startup and rental costs and other costs, such as marketing and personnel costs. When it comes to financing, you may want to take bank loans or private investors into account. Dubai is being renewed to cherish things at the start of their journey and many banks offer SME-friendly loan programs, but there are spere-specific requirements.
Step 3: Decide on the structure of your company
The three most popular structures for franchises in the VAE are mainland, free zone and offshore. Each has its benefits, for example, mainland companies offer the chance to operated Acros The WO of the VAE without restrictions, while free zones offer benefits such as simplified sutipied and tax inelect. We recommend working with a repeatable consultancy for business setup, such as set to have the best option for your company.
You must also sign a franchise agreement to signally sign a binding document that outlines your rights and expenses, with the franchisor.
Step 4: Register and apply for your licenses
All companies need a license to work legally in the VAE. Eleven You have a franchise agreement and legal structure in order, you can request the relay licenses. You must usually provide the completed application form, together with passport copies, franchise agreement, lease agreement, business plan, trade name reservation certificate and initial approvals. You may also have to provide Addionional, depending on the nature of your company, of regulatory authorities such as food control and civil defense. If your franchise imports, you may need to obtain import/export codes.
Step 5: launch your franchise
ELF have you transferred the legal requirements, you can launch your company. You must set up at a physical location, hire staff and implement a marketing launch strategy. The franchisor may offer training for you and your team, as well as approved materials and messages for your marketing strategy.
Advantages of starting franchise companies in Dubai
Corporate environment
Entrepreneurs in Dubai can enjoy 0% income tax, 0% capital gain tax and 100% ownership. Free zones offer a simple and simple business arrangement, making it easier and faster to set up a franchise.
High expenditure consumer market
Dubai has a diverse population of more than 200 nationalities. In fact, more than 90% of the population is expats. This not only means that consumers are willing to spend, but they are willing to spend on brands that they might be familiar with. The city also attracts millions of tourists every year, which stimulates the demand for international brands.
Prime Retail Infrastructure
Dubai has the sub of the most popular retail destination in the world with high foot traffic, ranging from Dubai Mall to JBR Walk. Public transport is the first
Competent workforce
Dubai offers a large pool of skilled employees and companies can hire talent around the world thanks to the streamlined immigration system of the VAE. The government also offers freelance visas and gold visa, making it even more attractive to hire international talent.
Strategic location
Dubai is the gateway between the east and the west, making it an excellent option for regional franchises with plans to limit in the GCC, Africa and Asia. Moreover, the city is the home of large transport hubs such as Dubai International Airport and Jebel Ali Port that offer global connectivity and more efficient supply chains.
Savage
Franchising is less than starting a new business model, because it operates under a trusted brand and can immediately attract customers. Franchise owners can use proven marketing strategies, control systems and supply chains, reducing the need for test-and-reror approaches, which reduces time and saves money.
Start your franchise company with Set Hub.
At Set Hub we are experts in Business Setup in Dubai. Dedicated to making business arrangement in Dubai Simple and Trouble, our goal is to use your company with minimal stress. We offer end-to-end support in all phases of your business journey, from company register and visa applications to opening company bank accounts and managing tax. Local knowledge and legal expertise, we make it easier to navigate important aspects of doing business in the VAE.
Are you thinking about launching to franchise in Dubai? Contact our team to find out how we can help you build a successful franchise in Dubai as your long -term partner for success.
