Furniture Business in the UAE

The United Arab Emirates is considered as one of the most emerging nations of the world. One of the core reason behind this is that businesspersons widely prefer the location. Now, the Emirates haven’t restricted their business plethora to specific industries, because of which entrepreneurs, investors, freelancers choose the nation as their first choice when it comes to the business establishment.

Furniture Market in the UAE

Now, if you are planning to set up a business in the UAE Market, you need to keep in mind that different business industries have different needs. To stay ahead in the competition, you need to analyze and understand the market to be targeted.

Why Start a Furniture Business in the UAE?

If you are still wondering why to set up a furniture business in the UAE, then you can check the following points.

• The booming real estate sector gives rise to the furniture needs
• Different business has got different furnishing needs which makes your company versatile and stay ahead in the competition
• UAE has become a global business destination, and setting up an office does require furnishing equipments
• The lifestyle of the common people has been changing drastically, and it demands new interior decorations and furnishing needs
• Furniture business turns out to be an essential manufacturing industry that contributes around 20% of the nation’s GDP
• The furnishing industry contributes to the import-export sector as well
• The nation has got a robust network with the neighbouring countries that will help you to expand your business
• The Expo 2020 is predicted to boost the real estate sector, which again would drive the furniture industry to the next level.

These are some of the reasons that are considered by the business investors that make them invest in this growing sector. Now, before you start investing in the furniture business in the UAE, let’s have a look at the benefits that you will derive after establishing the business.

How to Start a Furniture Shop in the UAE?

If you are planning to set up your business in the UAE Market, this is all you need to follow.

1. Join hands with local sponsor

Depending on the type of business location you want to open a business, you might need a local sponsor if it is mainland.

2. Choose a Location

You have to finalize the location where you want to open the furniture company in UAE at the next stage. Business location will help your company to grow positively. 

3. Obtain Business Licenses and Registration

All the required licenses for the business setup and registration process need to be done. The documents can be obtained from the authorities and DED (Department of Economic Development). 

4. Understand the Business Jurisdiction

There are certain types of rules and legislation related to the furniture business in the UAE; understanding those laws is a crucial stage. 

5. Clear the Paperwork

Make sure you've completed all of the essential paperwork to start a business in the UAE, and then you are ready to run the business.

Benefits of Establishing a Furniture Business in the UAE

Some of the benefits of setting up a furniture business in the UAE include:

• Growing Market
• International business destination
• Cheap Labour
• Connectivity with the other GCC Countries
• UAE provides multiple zones for a business-like Mainland, Free Zone, Offshore
• Free of corporate taxes

These are some of the advantages that you will be availing once you initiate the process of incorporating a furniture business in the UAE. Now, starting a company in a foreign land is not an easy task. Various legal considerations are to be followed, and the laws are to abide by. At this point, an expert can help you to set up a business in a hassle-free way. We at Commitbiz are destined to do the same and are here to help you in your business establishment process.

Commitbiz| Your Business Guide

Commitbiz stands as one of the best business consultants in the UAE who helps multiple clients to incorporate their business. We do deal with clients pertaining to different industries and help them to expand their business further. Our team comprises of business experts who are well-versed with the UAE laws and can help you in the incorporation process. Moreover, they provide tailored solutions according to your business needs. If you are looking forward to setting up your furniture business in Dubai, we are here to help you out. To have a word, do contact us-we’d be glad to assist.