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Step 1: Outline your company's operations.

Before beginning the license application procedure, you must first outline your desired company operations. This is to check that they match one of the 2,000 issued by the Dubai Department of Economic Development (DED). HELEN & SONS consultancy will assist you with this process to guarantee that you are properly licensed and avoid any needless delays.

Step 2 – Choose your trade name

The next step is to pick a name for your firm. There are a few norms to bear in mind while making this selection in the UAE. In short, avoid using disrespectful or profane words. Avoid well-known company names and acronyms if naming your firm after yourself - for example, Mike Daniel Consulting rather than MK Consulting. You must also ensure that the name you want to use is accessible for registration.

Step 3 – Submit your license application

You can submit your license application at this point. A mainland commercial license is required for this sort of business activity. This application should be sent to the DED directly. Along with your completed form, you will be needed to provide supporting documentation, which may include:

Directors and shareholders must provide identification and proof of address.

Copies of shareholders' and directors' passports

Trade name confirmation copy

Step 4 – Apply for your visa

A residence visa is required to work and live in the UAE. This procedure includes a medical examination, blood tests, a chest X-ray, and biometric scanning. HELEN & SONS consultancy can once again help with the process by administering your application on your behalf. You can apply for visas for dependants such as spouses, children, and domestic workers if you have a UAE visa.

Cost to start a vending machine business in Dubai, UAE

It costs about AED 23,000 to obtain a vending machine company license. There are other charges to consider on top of this. These include ground rent, visa applications, and any other permissions needed to trade.

Contact the Helen & Sons team for a personalized and thorough estimate.

Consider your specialty before launching a vending machine business in the UAE. Typically, this entails stocking a rare item or establishing a site that is not currently serviced by other equipment. Both need much investigation.

You must first ascertain whether there is a justification for not stocking anything if you intend to do so. Have you found a market, or is there simply insufficient demand? Additionally, if you intend to move into a new space, you must make sure that it receives enough foot traffic to sustain your equipment and that any ground rent is not too expensive.

When taking on any place, these factors must be taken into account. Target major streets, workplaces, medical facilities, academic institutions, airports, and shopping centers. However, bear in mind that each will have its restrictions on where and what you may sell. Finally, think about your expansion strategy. Vending may be a terrific company to start small and grow, but it will be a lot more feasible if you have some specific goals in mind.

HELEN & SONS CONSULTANCY is the ideal partner whether you want assistance with a free zone business setting in Dubai or LLC company creation in Dubai.

We're dedicated to assisting you in creating a successful company. Because of this, we continue to offer a variety of support services and activities long after launch. Our virtual office support, marketing, and media support provide you with everything you need to develop after handling the full setup procedure from beginning to end. We can address any issues that may be preventing you from starting your own business in the UAE. Reach out to us at sales@helensonsuae.com or call 06 522 3555 to take the first step toward greatness.