The packaging is having ‘a moment’ worldwide. As technologies such as AI and Automation Accelera and more customers are put online, high quality and sustainable packaging demands are rapidly increasing. And, in Dubai, this growth has been amplified thanks to government initiatives to boost manufacturing, a prosperous electronic commerce sector and a commitment to become one of the main sustainable cities in the world. In a nutshell, if you are considering launching a packaging business, Dubai is the perfect launch. In this article, we will discuss How to start a packaging business in Dubai.
Packaging business in Dubai: general description
The packaging industry in the EAU is thriving. According to many forecasts, it is estimated that the industry will reach 10.20 billion by 2028, promoted in part by a constantly expanding electronic commerce sector and increasing demands for sustainable packaging solutions. The region now houses the main key actors in the packaging industry, including global entities such as Tetra Suit and regional leaders such as Hotpack Packaging LLC and Bayader International as well.
As expected, food and beverage packaging requires most of the packaging market, with cosmetics and pharmaceutical products closely. In these industries, flexible packaging solutions, such as standing bags and intelligent coatings, have a great demand. Many of the most innovative regions are integrating the Internet of Things (IoT) to allow impressive improvements, such as real -time monitoring, temperature monitoring and tools to extend useful life. If you plan to build a business rooted in the future, this is the place to be.
Why pack in Dubai experience such impressive growth? First, the EAU undertake to adopt the latest technological developments, which means that entrepreneurs can benefit from the latest advances in automation, AI and 3D printing to improve processes and efficiency. The entire region has also intensified its commitment to environmental sustainability, which makes it easier for packaging companies to respond to the increase in consumers of cleaner and green packaging solutions.
How to start a packaging business in Dubai: step by step
Starting a packing business in Dubai is a simple process, which we have broken down into five steps.
Step 1: Research
Do not throw your business without understanding the panorama. Even if you are a packaging professional in other parts of the world, market trends, competitors and regulations can be very different from those that are accustomed. Identify gaps, opportunities and choose a niche that guarantees success.
Step 2: Choose a commercial structure
There are several commercial structures to choose from in Dubai, but two of the most popular options are the continental and free zone. Companies in the free zone are an excellent option for those who seek to increase the final result through tax advantages, such as 0% of income tax and capital gains and, in some cases, corporate tax rates of 0%. Entrepreneurs can also choose to configure in a specialized logistics and manufacturing center, such as Jafza, to benefit from incentives and additional support. Continental companies are also important financial benefits and also sacrifice the option to trade anywhere within the EAU.
Step 3: Record your business and request your license
Once you have decided a structure, you must register your business. Choose a commercial name that accurately reflects your business and is not too similar to existing companies, since it can be rejected. It is worth investigating the names of names of the EAU as well, since there are rules about avoiding abbreviations and offensive language.
All companies require a license to legally operate in the EAU. A packing business generally requires an industrial license. To request, you must provide a full application form, together with a selection of documents that include passport copies, business plans, visa copies and a commercial name registration voucher. Dependent on the details of your business, you may also have to obtain an additional approach from other regulatory authorities. Set Hub may provide advice on this.
Step 4: ensure its facilities
Packaging companies require simplified operational infrastructure to operate efficiently. You must lease an industrial or commercial space, invest in machinery and hire labor. You may want to consider choosing a location designed for industries aligned with the packaging, which is always found on the main roads and ports to guarantee faster logistics.
Step 5: Starting operations
Once you have received your license, you can open a corporate bank account, activate marketing and sales strategies and launch your business.
Benefits of starting a packaging business in Dubai
If you are considering starting a packaging business and want to give your business the best success of success, Dubai is an excellent option. Here’s why:
Strategic location between this and west
Dubai is a convenient location at the crossroads of Europe, Africa and Asia. This provides easier access to emerging markets, such as GCC food manufacturers with high demand for flexible containers, pharmaceutical exporters in India in search of containers compatible with manipulations and African markets that seek lasting solutions. Easy access to the sea, air and road also facilitates regional distribution.
High demand for electronic commerce and retail expansion
Electronic commerce is thriving worldwide, but Dubai has one of the fastest growing sectors in the world due to its high digital penetration rates, tax -free purchases and young and digitally native population. With more online purchases comes greater demands for protective and sustainable packaging solutions, ranging from personalized boxes to isolated emails.
Specialized free areas
Dubai is home to more than two free boxes, some of which are designed for industries such as packaging and manufacturing of light. In addition to 100% of foreign property and the complete repatriation of profits, these sacrifice specific advantages, such as industrial units key in hand and rapid follow -up customs support for imports and export operations, which makes businesses subject and more profitable.
SUPPORT BUSINESS ENVIRONMENT AND POLICIES
Business owners in Dubai benefit from a variety of incentives, including 100% foreign property for electronic commerce and technology activities, 0% personal income tax and low import and export tariffs. Other benefits include simplified processes of simplified visas and work permits, which facilitates talent hiring.
Single starting environment
If you are launching a new business, Dubai is the ideal launch thanks to its constant expansion ecosystem, angels and accelerators. In addition, with thousands of other new companies and hundreds of network events each year, you will have the financing and opportunities of success from the beginning.
Start your packaging business with Set Hub.
Set Hub is a leader Business configuration consultancy in Dubai. We have served more than 25,000 customers through our integral services set, ranging from commercial licenses applications to office space supply.
We understand that each business is different, and we are proud of the Osored and Dynamic approach to provide personalized solutions. If you are ready to launch a packaging operation in Dubai, contact our team to find how we can help the process as efficient and pleasant for you.