The beauty and personal care market has been in great resonance in the UAE. It is also one of the largest cosmetic product markets in the entire middle east. Emirate populace is expressing high interest in premium cosmetics and skincare products. The growth of the niche is also driven by ex-pats in the nation. Because of this boom, starting a beauty salon in a free zone in Dubai would undoubtedly be one of the excellent decisions one can take! Though opening a salon in a free zone is a hassle-free task, you will need to adapt to the rules and regulations.
Here is a glimpse into the various aspects of opening a salon in a free zone.
Facts behind a beauty salon in a free zone
It is not always possible to start a salon in a free zone. Most of the free zones restrict salon businesses. But there are exceptions that open you a door to the world of opportunities in the beauty and skincare industry. Certain free zones, especially residential units allow you to carry out this business. The various free zones that allow you to open this business are Dubai Silicon Oasis (DSO) and Dubai Multi Commodity Centre (DMCC), free zones in Ras Al Khaimah and Sharjah.
In order to start a salon in a free zone, the investor will need to grab a professional license and approval from the prospective municipality.
What is the difference between starting a salon business in the mainland and free zone?
In the mainland, permission from the Department of Economic Development (DED) is mandatory before starting a business. . This allows you to throw your business anywhere in the mainland.
On the other hand, free zone companies are limited to trade only in the premises of the free zone. You cannot do anything outside the free zone jurisdiction.
Documents required to start a beauty salon in a free zone
You have to keep these documents handy before planning to start a salon business in the free zones.
- Blueprint/layout of the salon (only applicable for certain free zones)
- Passport copy of the investor
- Visa copy of the investor
- 2 colored passport sized photographs
- Business plan
There may be requirement of additional documents depending on the free zone that you opt for.
Steps to start a salon business in Dubai
Setting up a business in a free zone is relatively a simple thing that requires minimum paper works and legal complications.
Here are the easy steps you need to follow for starting a salon business in a free zone.
- Selecting the preferred jurisdiction
The first move towards starting your salon business is to decide over the free zone jurisdiction. There are about four free zone jurisdictions that permit you to open a salon. You can select one according to the suitability of your business activities.
- Submit application forms and required documents
After deciding on your location, you need to apply for the license by submitting the required documents.
The next step towards starting a salon business is the application for a visa. Visa eligibilities may alter according to the free zone that you have chosen to start your salon business.
Find a bank that provides services that are most suitable for the requirements of the business. A free zone bank account will help entrepreneurs to supervise their financial matters with more transparency. It helps you to track the company’s expenses, calculate tax liabilities effortlessly, and regulate cash flow.
To know more
Al Arabiya has been extending its services to the free zone and offshore along with the mainland company formation. We are happy to help at any level of your business. Let’s grow hand in hand!