When it comes to senses, fragrance holds a unique place. Perfumes have the essence of bringing back the cherished moments. Perfume comes with a unique identification which is highly acknowledged in the UAE market. Commonly known as “Attar” which is a concentrated form of essential oil derived by botanical sources, UAE has got a potential market in the perfume sector. The perfume business is one of the most profitable businesses in the region. The costliest perfumes are available in Dubai. To set up a perfume business in Dubai, every entrepreneur needs to follow certain rules and regulations. Let us find out the procedure of the same.
The target market for perfume businesses in UAE:
The target market for the perfume business is both men and women who use it for personal grooming. Some of the famous fragrances include amber, musk, exotic flowers, oud perfume, and many more.
Steps to start a perfume business in Dubai:
- Create a business plan:
Draft a business plan for the perfume business. Decide on the mission statement, goals, the number of product offerings, desired cash flow, financial forecast, startup cost, income statement, etc needs to be planned
- Invent new scents:
Research on the perfume recipes or make distinctive blends by purchasing a few of essential oils in fragrances that are of interest. Start blending scents together and experiments few scents which are good enough then start the mass-produce
- Purchase the bottles:
Research on the perfume bottles, testers, and samples via wholesalers and the design they offer for every type of container. Choose the shape and size of the bottle that represents the perfume fragrances
- Create your brand:
Design the logo that represents your business and also obtains trademarks and product registration from the necessary authorities
- Obtain a license:
To start a perfume business in Dubai the entrepreneur must obtain a business license from the Department of Economic Development (DED)
Start your perfume business in Dubai with MSZ Consultancy!
Setting up a perfume business can be easy when connected with the best business consultancy in Dubai. There are various procedures and other legalities that need to be followed. Such as how to establish business in Dubai, types of company formation in Dubai, licensing procedures, and many more. MSZ Consultancy is one of the leading business consultancy services in Dubai. We will not only assist you in business setup in Dubai but will also guide you in every step of your business. Get in touch with us today!