Want to Set Up a Restaurant Business in Dubai? - PowerPoint PPT Presentation

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Want to Set Up a Restaurant Business in Dubai?

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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. – PowerPoint PPT presentation

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Title: Want to Set Up a Restaurant Business in Dubai?


1
Dubai is well known for its magnificent
architecture, luxurious shopping destination, and
sparkling nightlife. 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. Here is some
information that will help you in constructing
your dream restaurant setup in Dubai! Perks of
having a business set up in the UAE Seven
Emirates together are called the United Arab
Emirates. The federation includes Abu Dhabi,
Dubai, Sharjah, Fujairah, Ajman, Umm-al- Quwain
and Ras-al-Khaimah. These Emirates are emerging
as an ideal destination for business setup. There
are some perks of having a business setup in the
UAE.
  • Geographical boundaries and locations

The geographical location of these Emirates
facilitates transportation at affordable costs
for export and import to the firms. These
countries have well-developed airports, ports,
and other means of transportation that enable
great networks from other foreign countries as
well. UAE also has international trade agreements
with countries across the world, such as South
Asian countries and America.
2
  • The new government and its rules and regulations

The new government is now focusing on attracting
investors to benefit their economy. They aim to
make their economy investor-friendly.
Policies such as FDI ( foreign direct investment)
offer 100 per cent ownership of the business to
foreign investors. This policy offers safe
monetary exchanges and investment securities.
This policy aims to reduce administrative
responsibilities and encourage foreign investment.
  • Visa benefits

UAE has introduced long-term visas and golden
visas in which foreigners can live 5 to 10 years
in their Emirate. It will automatically be
renewed. However, there are certain requirements
for foreigners to fulfil to get a long-term visa
or golden visa for the UAE, such as a deposit of
at least 10 million AED in a domestic investment
fund. Along with these benefits, free zone areas
in the UAE are also an important addition to
trading and investing in Arab countries.
How to start a restaurant set up in Dubai
(step-by-step instructions) In Dubai, it is not
an easy task to set up a restaurant. You need to
follow some strict rules and regulations imposed
by the UAE government. Below listed are some
important steps you must go through before
thinking of a restaurant set up in Dubai.
  • Preparation of budget

Planning every expenditure is the first step
before any business setup. You have to prepare a
list of essential steps which require investment
from
3
your end. As a restaurant owner, there are
certain investments you have to make on mandatory
things, such as
  • Getting food and trade license
  • Rent or cost of the new property
  • Insurance and permission for restaurant
  • Hiring and training of staff
  • Essentials for a restaurant such as food items,
    ambience, equipment, etc.

These are some major expenses that a restaurant
owner should keep in mind. However, you must be
prepared financially for other accidental
or spontaneous expenditures.
  • Food business license in Dubai

In Dubai, you need to apply for two licenses for
any type of food business. One is a food license,
and the other one is a trade licence. This is
a mandatory step. Otherwise, you can be charged a
fine, or the government can take strict actions
against you.
  • Creative and innovative ideas for your restaurant

Thinking of a fresh and creative idea for your
restaurant can attract a large number of
customers. Introduce exciting offers to attract
tourists and the provincial population.
  • Location for your restaurant

Do some research on the demography and then
choose a location for your restaurant
accordingly. Do not choose those locations that
already have restaurants for a long time.
4
  • The interior design of your restaurant

The first impression is the last. As per the
famous quote, you must focus on the ambience and
interior design of your restaurant. You can
choose a spacious layout for your restaurant to
maintain the privacy of your customers. Decorate
your restaurant and keep on adding new and
trendy stuff.
  • Investing in equipment and essential appliances
    for your restaurant

Always invest in appliances and equipment that
can help in reducing physical work. Provide
payments or billing methods easily, inventory
management, etc. Always maintain stock and
purchase records of the restaurant. Invest in
kitchen-friendly appliances.
  • Creating a menu

Before starting your restaurant, prepare what
would be the variation of food that your
restaurants menu will have. Do have some special
dishes for your customers. Carve your menu in
such a way so that you can cover your total cost,
including all the cost of goods and labor costs.
  • Appointing staff and helpers

Appoint staff and helpers and provide them with
adequate training. Start with a minimum number of
employees, and then you can add more as per the
increasing demand of your restaurant. Assign the
roles of staff and monitor them to ensure smooth
functioning of the restaurant.
5
After preparing all the steps mentioned above,
you can still plan some strategies for promoting
your restaurant. Just stay updated on
ongoing trends and plan your promotions
accordingly.
Dubai Freezone FTZs ( free trade zone) in Dubai
is known for their special economic setup for
trading. The main features of these zones are tax
concessions and custom duty benefits for foreign
investors. At the present time, there are 30 free
zones in Dubai. For Freezone areas, the UAE
government has introduced a new set of rules and
regulations. One of the prime features of a free
zone is the 100 ownership of foreign investors
for their business setup. They even offered a
special visa for such investors. Conclusion Duba
i is an ideal location for business setup because
of its geographical location, emerging
technology, and many such factors that attract
foreign investors all across the world. If youre
planning a restaurant set up in Dubai, with
simple notches and investment, you can attain a
long-term profitable business setup.
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