Starting a perfume trading business in Dubai Mainland is an exciting venture, especially with recent regulatory changes allowing 100% foreign ownership. Maju Management Consultancy is here to guide you through every step of the process, ensuring a smooth and successful setup for your business. Here’s a comprehensive guide to help you get started.

Why Choose Dubai Mainland for Setting Up a Perfume Company?

Dubai Mainland offers numerous advantages for setting up a perfume trading business:

● Strategic Location: Dubai is a global trade hub with excellent connectivity, making it
ideal for importing and exporting perfumes.
● Robust Economy: Dubai’s thriving economy and high disposable income levels
create a strong market for luxury goods like perfumes.
● Favorable Regulations: Recent changes in regulations now allow for 100% foreign
ownership, eliminating the need for a local sponsor.
● Vibrant Market: Dubai’s diverse population and high influx of tourists ensure a
steady demand for high-quality perfumes.

How to Set Up a Perfume Trading Business in Dubai Mainland?

Here are the steps to set up a 100% foreign-owned perfume trading business in Dubai Mainland:

1. Choose a Business Activity:

Select the specific activities for your business, such as importing, exporting, and retailing perfumes.

2. Register Your Trade Name

Choose and register a unique trade name for your business with the Department of Economic Development (DED).

3. Obtain Initial Approval

Apply for initial approval from the DED to ensure your business activities comply with regulations.

4. Draft the Memorandum of Association (MOA)

Prepare and notarize the MOA, outlining the business activities, capital distribution, and shareholder roles.

5. Secure Office Space

Find a suitable location for your business operations, whether it’s a retail shop or office space.

6. Obtain Necessary Permits and Licenses

Apply for the required licenses and permits from the DED, including a perfume trading license.

How to Get the DED License and Location Assistance?

Securing a DED license and finding the right location are critical steps in setting up your perfume trading business. Here’s how Maju Management Consultancy can assist:

● Documentation Preparation: We prepare all necessary documents required by the
DED.
● Application Submission: We submit your application and liaise with the DED to
ensure a smooth approval process.
● Location Assistance: We help you identify and secure the ideal location for your
business, whether it’s a retail shop or office space.

What are the Benefits of Setting Up a Perfume Trading Business in Dubai Mainland?

● 100% Foreign Ownership: Enjoy full control over your business without the need
for a local sponsor.
● No Corporate Tax: Benefit from Dubai’s favorable tax environment with no
corporate tax.
● Access to a Growing Market: Tap into Dubai’s expanding market for luxury goods
and high-end perfumes.
● Enhanced Credibility: Operating from Dubai Mainland enhances your business
credibility and reputation.

How Can Maju Management Consultancy Help You Set Up Your Perfume Trading Business in Dubai Mainland?

At Maju Management Consultancy, we offer comprehensive support throughout the company formation process:

● Expert Consultation: We provide personalized advice tailored to your business
needs and goals.
● License Application Assistance: We manage the entire application process to secure
the necessary licenses for your business.
● Location Assistance: We help you find and secure the best location for your perfume
trading business.
● Legal and Regulatory Compliance: We ensure your business adheres to all legal and
regulatory requirements in Dubai.
● Ongoing Business Support: From office setup to administrative services, we offer
continuous support to help your business thrive.