One of the largest and most dynamic industries in the world are FMCG trading companies in Dubai / Consumer Packed Goods (CPG). Companies in the fast-moving consumer goods (FMCG) industry provide low-cost, high-demand items.
Low margins and large volumes characterize this industry.
So, here are 3 things you should know about FMCG trading companies in Dubai:
1. Understanding FMCG trading companies in Dubai:
Due to the enormous number of international visitors who visit the emirate each year, retail and wholesale represent the most important industry in Dubai.
The majority of the products sold by Dubai businesses are from the fast-moving consumer goods (FMCG) industry, which includes foods, cosmetics, and toiletries.
The majority of cosmetics sold by retail stores in Dubai come from the luxury market, so if you want to start a business in the
FMCG sector, you will have plenty of products to sell. Foreign investors are also permitted to establish FMCG businesses in Dubai or one of the city’s several free zones.
2. Registering and licensing FMCG trading companies in Dubai:
To start FMCG trading companies in Dubai, you must first register with the Dubai Department of Economic Development and then apply for a commercial license.
To obtain the commercial license, FMCG trading companies in Dubai must comply with several requirements related to the documents necessary for the permit but also related to the prices, discounts, as well as the promotion of things for sale.
3. Special requirements for FMCG trading companies in Dubai:
Tobacco and alcohol are classified as FMCG items by the International Standards Industrial Classification, however, there are special regulations for their retail sale in Dubai.
Foreign investors looking to set up FMCG trading companies in Dubaishould be aware that alcoholic beverages can only be sold in designated areas and require a permit.
Even though the UAE is more lenient than other nations in the area, it is important to be aware of the regulations governing the selling of alcohol.
With these vital factors in mind, we can now have a better understanding of how leading FMCG trading companies in Dubai like Treasure Orbit take their business to new heights.