A boutique is “a small store that sells stylish clothing, jewelry, or other usually luxury goods. Opening a boutique can be a great investment, as there’s always a demand for new styles and great deals on designer clothes. But there’s more to running a successful boutique than having a passion for fashion. It requires a lot of planning like deciding where you’re going to set up shop, what you’re going to sell, and how you’re going to pay your expenses. Then there’s the fun stuff, too, like decorating the store and marketing your boutique. Good luck on your new venture!
Decide what type of boutique you want to open based on your interests. There are high-end fashion boutiques that sell clothes from top designers, modern fashion boutiques that sell popular brands, and boutiques that sell children’s clothes
Choose a location with the best traffic, visibility, and price. You want to be in a spot that has a lot of potential customers and where your store will be easy to find and get to. The rent or lease price also needs to be in your budget. Evaluate the competition in your area to guide your own planning.
Requirements Boutique Shop/Business
Getting local support – After you have organised your business plan to set up your boutique in Dubai try to rope in a UAE national to support the business plan. It is mandatory in Dubai as well as other parts of UAE, to start a business with a UAE local partner, who owns not less than 51% share in the company. This is effective unless you sign an investors protected contract or start a business in a freezone.
Business License and Registration – Apply to the DED to get permissions to open a shop in Dubai under a mainland jurisdiction.
Business Jurisdiction – You may need to follow a proper shareholding structure as all retail or boutique shops are also scrutinized on the terms of jurisdiction.
Rent Shop premises – Find the right location to rent for your shop. For this you need permissions from Dubai Municipality and the related bodies.
Paper work & PRO – Much paperwork is required for, certification, visas and permissions from various entities considering the shareholding structure and the jurisdiction of your boutique business.
Be it for a branded and high-end fashion clothes or regular garments boutique, you need to fulfill the DED criteria.
The process of Starting Boutique in Dubai
- Submit copies of your passport and visit visa.
- Get the NOCs needed for initial approval & name approval.
- Draft and sign the Memorandum of Association (MOA) with the UAE local partner.
- Finalize the shop space.
- If it is a wholesale garment business, finalize a business center.
- Submit all the above documents with the DED to generate a payment voucher.
- Collect the License
With this license, you can import, export, retail or locally distribute your garments in Dubai and across UAE. Setting up a boutique involves planning, monetary investments, business licensing, documentation and more. It is always better to get professional guidance before you start your new venture.