If you dream of spreading your business in the vast UAE, you must choose better options for putting a huge step towards success. Dubai is one of the most leading trade regions. It is the center of international trading. There are so many new businesses and brands that have earned a lot of profit by initiating a successful trade career in the UAE.
The fishing industry is one of the most famous businesses in Dubai. In early times Dubai used to be a fishing village. The fishermen used to have an amazing collection of fish in the market. But, after the discovery of large skyscrapers in the 1960s, the fishing industry became more lavish. It is considered one of the thriving occupations in Dubai.
About 90% of Dubai hotels are famous for different fish dishes. And the fishing industry is expecting a growth of 4.5% in the annual profit between 2021 to 2025. The Persian Gulf forms as the direct trade connector to other countries. Hence, this is the only reason why seafood is famous in the great Emirates.
Why should you set up a fishing business in Dubai?
Business Setup in the UAE is not so easy. You must have proper knowledge about the visa program. If you decide to set up a new start-up business in the UAE, you get amazing chances in every corner. Businesses that deal with land, sea, or air becomes successful in Dubai. It is the only region where 80% of the population consists of foreigners.
It is the most incredible location for creating vast trade links globally. You get benefits like zero restrictions on currency, 100% custom tax reduction, capital making, and profit repartition.
Dubai is known as the drylands,and the demand for seafood is very high. The Arab Agricultural and Fishing organizationhas recorded that the annual consumption of fish in the UAE is about 33 kg per head. And it is astonishing to get the double amount according to the international trade.
Procedures to create a fishing industry in Dubai
The most important step is to take help from the best international trade licenseproviders. They guide you through the process of visa application and licensing. Here are some procedures to be followed:
- You must have a clear conscience about the business activity that you want to create in Dubai.
- It would help if you chose a name for your company as it must be filled in the application form.
- Apply for your fishing or trade license. Every business has a different trade license. Hence, choose carefully.
- The application process should be done directly to the famous Dubai Department of Economic Development (DED).
- Apply for the business visa online. You can also sponsor your wife, children, and other family members.
- Open a bank account in a corporate bank.
Therefore, after all the legal processes, you can stay and start your business in Dubai. You must get proper assistance from the experts to ensurea safe application process.
