Dubai is home to some of the most exquisite culinary arts in the world. This is possible thanks to the booming foodstuff industry in the city. Therefore, it is the perfect time to start a foodstuff trading business in Dubai.

Moreover, foodstuff trading businesses can trade with anymore inside and outside the UAE as well. As a result, after starting a foodstuff trading business in Dubai, you can grow your business internationally as well.

If you want to start a foodstuff trading in Dubai, then you will have to obtain a food trading license in from the Department of Economic Development in Dubai. Since the food industry is an ever-growing sector in Dubai, the barriers to entry into the market are very limited.

There are many industries that offer great opportunities for business setup in Dubai. Among these industries, foodstuff trading is one of the most profitable.

Thanks to the booming food and beverage industry in UAE, there is plenty of room for foodstuff trading companies to grow and earn a constant stream of revenues.

Steps to Start a Foodstuff Trading in Dubai, UAE

To start a foodstuff trading in Dubai, UAE. you need to follow a few specific steps that have been laid out by the authorities in the Department of Economic Development in Dubai. However, if this is the first time you are starting a business in the UAE, then it is highly suggested that you seek help from professionals.

Here are the steps you need to follow in order to start a foodstuff trading in Dubai:

1. Register a trading name for your business.

2. Obtain the initial approval from the Department of Economic Development (DED) in Dubai.

3. Draft and sign the Memorandum of Association (MOA).

4. Rent or lease office space for your business.

5. Submit all the required documents to the DED.

6. Complete the payment related to the payment voucher provided by the DED.

7. Receive the foodstuff trading license from the DED.

8. Register your food product in the Dubai Municipality.

Foodstuff Trading License in Dubai Mainland

If you choose to setup a foodstuff trading business in Dubai mainland, it will be setup as a limited liability company (LLC).

In the mainland, you will be required by law to have a local sponsor who will retain 51% shares of the business, while you will receive the remaining 49% shares.

For more information regarding “What are the basic requirements and what you need to know before starting a business in Dubai

Read More About: How to Start Foodstuff Trading Business in Dubai