Online shopping is no more a breaking news. Global e-commerce giants like Alibaba and Amazon have shown a new way of doing business. On this note, it is vital to mention that the trend of online shopping is growing at a rapid pace in Dubai. Today, it is a major e-commerce hub and numerous new players are getting onboard to leverage this lucrative market prospect.
If you are planning ecommerce business setup in Dubai, here are certain things that you should keep in mind.
1. Licensing Procedure
Getting a license to set up a business in Dubai is simple and swift. However, this depends on the nature of your business and location in terms of Free Zone or Non-Free Zone. There are several advantages of Free Zone Company setup in Dubai. These include 0% Income Tax, 0% Corporate Tax, 100% business ownership, 100% share on profits and negligible custom duties.
There are many free zones in Dubai and you can choose one depending on the nature of your business and target market. The license will be issued by the Department of Economic Development.
2. Get an Office Space
Infrastructure in Dubai is one of the best in the world. The office spaces feature modern amenities, world-class security system and utilities that can help your online business run round the clock. However, foreign entities are often not allowed to buy a space in Dubai. In that case, you can take help of a UAE resident or local sponsor.
3. Have Your Business Plan Ready
Now that you have decided to set up an e-commerce business, it is time to have a solid business plan in place. For this, it is important to know how well online business is doing in Dubai, who are your competitors and what is the market type you wish to target. Likewise, chalk out your opportunities and threats.
4. Build an Ecommerce Website
Hire a website designer & developer to build an online store that is eye-catching, user-friendly and has an amazing User Interface. Next, choose and register a suitable domain name for your e-commerce site. Pick a domain name that is relatable to your company name, is unique and easy to search & remember by your customers.
5. Integrate Payment Gateway
An important aspect of online business setup in Dubai is payment gateway integration. There are many options available today, but choose one that is well-known, secure and has a good transaction success rate.
6. Logistics & Warehousing
Having a strong logistics and warehousing network is vital for any e-commerce business. Build partnership with reputable logistics & supply chain partners to kick-start your business.
7. Adopt Digital Marketing Strategies
Finally, use digital marketing practices like Search Engine Optimisation, Social Media, Blog Posting, etc. as power tools to increase visibility and have better conversions.
Free Zone Company setup in Dubai is a challenging task. But if you have the above things in place, it will be easy to operate and achieve success.