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Want to Set Up a Restaurant Business in Dubai

Thinking of a restaurant business in Dubai is a smart choice for a long-term profitable business setup. Being a tourist attraction for years, Dubai is one of the rising food destinations across the world. Dubai welcomes almost 4.7 million tourists every year. However, in Dubai, there are certain rigid food codes that every food industry has to follow. If you plan to set up a restaurant in Dubai, then you must know everything about the procedure and requirements of the same.

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Want to Set Up a Restaurant Business in Dubai

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  1. Dubaiiswellknownforitsmagnificentarchitecture,luxuriousshoppingdestination,andsparklingnightlife.ThinkingofarestaurantbusinessinDubaiiswellknownforitsmagnificentarchitecture,luxuriousshoppingdestination,andsparklingnightlife.Thinkingofarestaurantbusinessin Dubaiisasmartchoiceforalong-termprofitablebusinesssetup.Beingatouristattractionforyears,Dubaiisoneoftherisingfooddestinations acrosstheworld.Dubaiwelcomesalmost4.7milliontouristseveryyear.However,inDubai,therearecertainrigidfoodcodesthateveryfood industryhastofollow.IfyouplantosetuparestaurantinDubai,thenyoumustknoweverythingabouttheprocedureandrequirementsofthesame. HereissomeinformationthatwillhelpyouinconstructingyourdreamrestaurantsetupinDubai! PerksofhavingabusinesssetupintheUAE SevenEmiratestogetherarecalledtheUnitedArabEmirates.ThefederationincludesAbuDhabi,Dubai,Sharjah,Fujairah,Ajman,Umm-al-QuwainandRas-al-Khaimah.TheseEmiratesareemergingasanidealdestinationforbusinesssetup.TherearesomeperksofhavingabusinesssetupintheUAE. • Geographicalboundariesandlocations ThegeographicallocationoftheseEmiratesfacilitatestransportationataffordablecostsforexportandimporttothefirms.Thesecountrieshavewell-developedairports,ports,andothermeansoftransportationthat enablegreatnetworksfromotherforeigncountriesaswell.UAEalsohasinternationaltradeagreementswithcountriesacrosstheworld,suchas SouthAsiancountriesandAmerica.

  2. Thenewgovernmentanditsrulesandregulations Thenewgovernmentisnowfocusingonattractinginvestorstobenefittheireconomy.Theyaimtomaketheireconomyinvestor-friendly.Policies suchasFDI(foreigndirectinvestment)offer100percentownershipofthebusinesstoforeigninvestors.Thispolicyofferssafemonetaryexchanges andinvestmentsecurities.Thispolicyaimstoreduceadministrativeresponsibilitiesandencourageforeigninvestment. • Visabenefits UAEhasintroducedlong-termvisasandgoldenvisasinwhichforeignerscanlive5to10yearsintheirEmirate.Itwillautomaticallyberenewed. However,therearecertainrequirementsforforeignerstofulfiltogeta long-termvisaorgoldenvisafortheUAE,suchasadepositofatleast10millionAEDinadomesticinvestmentfund. Alongwiththesebenefits,freezoneareasintheUAEarealsoanimportantadditiontotradingandinvestinginArabcountries. HowtostartarestaurantsetupinDubai(step-by-stepinstructions) InDubai,itisnotaneasytasktosetuparestaurant.YouneedtofollowsomestrictrulesandregulationsimposedbytheUAEgovernment.BelowlistedaresomeimportantstepsyoumustgothroughbeforethinkingofarestaurantsetupinDubai. • Preparationofbudget Planningeveryexpenditureisthefirststepbeforeanybusinesssetup.Youhavetopreparealistofessentialstepswhichrequireinvestmentfrom

  3. yourend.Asarestaurantowner,therearecertaininvestmentsyouhavetomakeonmandatorythings,suchasyourend.Asarestaurantowner,therearecertaininvestmentsyouhavetomakeonmandatorythings,suchas • Gettingfoodandtradelicense • Rentorcostofthenewproperty • Insuranceandpermissionforrestaurant • Hiringandtrainingofstaff • Essentialsforarestaurantsuchasfooditems,ambience,equipment,etc. Thesearesomemajorexpensesthatarestaurantownershouldkeepinmind.However,youmustbepreparedfinanciallyforotheraccidentalor spontaneousexpenditures. • FoodbusinesslicenseinDubai InDubai,youneedtoapplyfortwolicensesforanytypeoffoodbusiness.Oneisafoodlicense,andtheotheroneisatradelicence.Thisisa mandatorystep.Otherwise,youcanbechargedafine,orthegovernmentcantakestrictactionsagainstyou. • Creativeandinnovativeideasforyourrestaurant Thinkingofafreshandcreativeideaforyourrestaurantcanattractalargenumberofcustomers.Introduceexcitingofferstoattracttouristsandthe provincialpopulation. • Locationforyourrestaurant Dosomeresearchonthedemographyandthenchoosealocationforyourrestaurantaccordingly.Donotchoosethoselocationsthatalreadyhave restaurantsforalongtime.

  4. Theinteriordesignofyourrestaurant Thefirstimpressionisthelast.Asperthefamousquote,youmustfocusontheambienceandinteriordesignofyourrestaurant.Youcanchoosea spaciouslayoutforyourrestauranttomaintaintheprivacyofyourcustomers.Decorateyourrestaurantandkeeponaddingnewandtrendy stuff. • Investinginequipmentandessentialappliancesforyourrestaurant Alwaysinvestinappliancesandequipmentthatcanhelpinreducing physicalwork.Providepaymentsorbillingmethodseasily,inventorymanagement,etc.Alwaysmaintainstockandpurchaserecordsoftherestaurant.Investinkitchen-friendlyappliances. • Creatingamenu Beforestartingyourrestaurant,preparewhatwouldbethevariationoffoodthatyourrestaurant’smenuwillhave.Dohavesomespecialdishes foryourcustomers.Carveyourmenuinsuchawaysothatyoucancoveryourtotalcost,includingallthecostofgoodsandlaborcosts. • Appointingstaffandhelpers Appointstaffandhelpersandprovidethemwithadequatetraining.Start withaminimumnumberofemployees,andthenyoucanaddmoreaspertheincreasingdemandofyourrestaurant.Assigntherolesofstaffandmonitorthemtoensuresmoothfunctioningoftherestaurant.

  5. Afterpreparingallthestepsmentionedabove,youcanstillplansomestrategiesforpromotingyourrestaurant.JuststayupdatedonongoingAfterpreparingallthestepsmentionedabove,youcanstillplansomestrategiesforpromotingyourrestaurant.Juststayupdatedonongoing trendsandplanyourpromotionsaccordingly. DubaiFreezone FTZs(freetradezone)inDubaiisknownfortheirspecialeconomicsetupfortrading.Themainfeaturesofthesezonesaretaxconcessionsandcustomdutybenefitsforforeigninvestors.Atthepresenttime,thereare30freezonesinDubai.ForFreezoneareas,theUAEgovernmenthasintroducedanewsetofrulesandregulations.Oneoftheprimefeaturesofafreezoneisthe100%ownershipofforeigninvestorsfortheirbusinesssetup.Theyevenofferedaspecialvisaforsuchinvestors. Conclusion Dubaiisanideallocationforbusinesssetupbecauseofitsgeographicallocation,emergingtechnology,andmanysuchfactorsthatattractforeigninvestorsallacrosstheworld.Ifyou’replanningarestaurantsetupinDubai,withsimplenotchesandinvestment,youcanattainalong-termprofitablebusinesssetup.

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