Many investors from all around the world are looking for an ideal place to launch a profitable business and food truck business in UAE free zone is One of them. And most of them have decided to learn how to start a business in UAE free zone. This country is a perfect location for launching all kinds of businesses, including food-related businesses like a food truck.
In this article, you’ll learn everything regarding the setup process of a food truck business in a free zone. Since locations like free zones are very attractive for investors, you should learn more about them and their benefits. Besides, here we will provide you with the information you need to complete the setup process. Let’s observe:
- Why should you consider starting your business in the United Arab Emirates?
- How many benefits do free zones in the UAE offer to investors?
- What is the process you need to complete to set up a food truck in Dubai?
- How can you obtain a food truck license in the emirate of Dubai?
- How much does it cost to launch a food truck business in Dubai?
- What are the steps you must follow to start any other business in a free zone in Dubai?
- What documents do you need to open a corporate bank account in the UAE?
- How can Connectfz help you set up your business in a free zone in the UAE?
Why should you consider starting your business in the United Arab Emirates?
There are several reasons why most investors decide to start their businesses in this successful country. For instance, one of the main ones is about the favorable tax policies that they can enjoy in the UAE. Besides, there is a wide range of options regarding licenses, free zones, company structures, and business ideas.
In addition, this country is also popular due to its strategic location in the Middle East that allows investors to succeed. On the other hand, they can also manage their companies correctly thanks to the many facilities that the country offers. For example, comfortable and suitable spaces for offices and warehouses and global connectivity are some of those facilities.
Another important reason why you should learn how to start a business in UAE free zone is regarding business opportunities. In the UAE, you will have the opportunities you need to set any kind of business, including a food truck. Now, let’s learn how profitable this business is in the emirate of Dubai.
Start working as a freelancer and apply for a free zone visa in the UAE by following our tips.
How many benefits do free zones in the UAE offer to investors?
Choosing a free zone to set up your business is one of the best ideas for an investor. Due to the many benefits that they offer, it is possible to make your business succeed in no time. Besides, you can quickly learn how to start a business in UAE free zone. These are some of the benefits that you can find in any UAE free zone:
- 100 ownership of your business.
- Full repatriation of profits and capital.
- Total exemption from several taxes, including personal and corporate tax.
- Suitable world-class infrastructure, warehousing, and office space too.
- Business-friendly regulations for companies and flexible legal framework.
- Useful and efficient resources, including transportation, connectivity, and many others.
Here you will discover some tips in case you want to become a self-employed person in the UAE.
What is the process you need to complete to set up a food truck in Dubai?
In order to set up a food truck Dubai, you must learn about the steps of the setup process. Although the process is quite simple, it is always suggested to complete it with a business setup specialist. Let’s take a look at the way in which you should complete this easy process.
Make your business plan and submit it to the pertinent authorities.
The first thing you must do is to create a compelling business plan regarding your food truck. The main purpose of this element is to showcase your idea along with budgets and a plan of action. In other words, your business plan must convince the government authorities and entities that your idea will work as it should.
Some elements that you should consider are the competition around your chosen location and popular food too. Besides, you also need to include relevant details about your business, such as the way in which you’ll manage it. In addition, make sure to include a plan for reserve cash in case your business meets cash flow issues.
After making your business plan, you must submit it to the concerned authorities of your jurisdiction. It could be the DED (Dubai Economic Department) or the Free Zone authorities, depending on your location.
Obtain the required HACCP approval to have and operate your kitchen and truck.
One of the vital elements that investors will need to operate food trucks in Dubai is certain approvals. These necessary approvals are health and safety certifications, and the main one is the HACCP certification. These acronyms stand for Hazard Analysis Critical Control Point, which is a system for minimizing the risk of safety hazards in food.
To summarize, this approval provides assurance on the safety of the consumption of the products you want to offer. After you obtain this certification, you will need to submit it to certain government entities to get their approval. And once you get all these requirements, you will be able to operate your truck legally.
Select a suitable place for your truck.
Since food trucks need to be located in a pre-secured area, they are not allowed to move around. Therefore, your location is something important you must consider when learning food truck business in UAE free zone. You need to do your research and scan the whole city to look for possible locations for your truck.
The best locations for a food truck in Dubai are popular places, such as Kite Beach and Palm Jumeirah. And you should also take into consideration famous places in the city that tend to be ideal destinations for tourists. Make sure to spot a perfect location and act as fast as you can before other trucks take the place.
Apply for a license and buy your truck.
You will also have to buy a truck and modify it according to the design that the authorities approved. You must make sure that the truck meets certain requirements, including proper heat handling and ventilation. Furthermore, another requirement is that your truck must be supportive of your kitchen in order to be acceptable.
And lastly, you must apply for the business license necessary for this kind of business. Having a food truck license is essential to operate your truck legally and without hassle. In case you desire to know how to complete the license application process, keep reading to find more information below.
How can you obtain a food truck license in the emirate of Dubai?
Some of the most important things you need to obtain a food truck license Dubai are the required approvals. There are four main authorities that provide these approvals and the DED (Department of Economic Development) is the main one. The other ones are the Dubai Municipality, Dubai Electricity and Water Authority (DEWA), and the Roads and Transport Authority (RTA).
After obtaining the necessary approvals, you will now need to meet all requirements for getting your license. Getting your truck and a suitable kitchen is one of those requirements. After you acquire those elements, you need to work on the design and layout of your food truck. Remember that it will require approval from the pertinent authorities too.
Then, you will only need to choose the place in which you want to set up your truck. Most likely, you will be receiving your license and all required approvals within 30 days approximately. This application process should run smoothly if you follow the guidelines and meet all requirements from the authorities.
If you want to open a restaurant, here is the application process to obtain a restaurant license in Dubai.
How much does it cost to launch a food truck business in Dubai?
Besides, learning how to start a business in UAE free zone, you must know how much it costs. It’ll mostly depend on several key elements. For example, it depends on the location, the type of food you’ll offer, and your truck’s layout. However, it is safe to mention that starting this kind of business costs approximately AED 200,000.
This amount of money not only includes the previously mentioned factors but also all licensing fees. It is also worth mentioning that it is far more affordable than launching a traditional restaurant in Dubai. Nonetheless, it requires time, money, and effort to build your desired business.
What are the steps you must follow to start any other business in a free zone in Dubai?
In case you want to know how to food truck business in UAE free zone (different from a food truck), here’s how you can do it:
- Choose your business activities and a free zone that suits the business you want to build.
- Determine the company structure that you want to set up. You can choose between an FZE, an FZC, or a branch.
- Apply for a business license that covers all your activities.
- Submit all necessary documents and pay all fees.
- Open a business bank account.
- Get the approvals you need to complete the process.
Keep in mind that some steps could vary according to the jurisdiction and kind of business you choose.
Here you can learn about the way in which you can establish your company in the Umm Al Quwain emirate.
What documents do you need to open a corporate bank account in the UAE?
Since having a corporate bank account is something that you might need, here’s what you’ll need:
- Corporate account opening form.
- Copy of the company’s incorporation certificate.
- A copy of the share certificates.
- Copy of the Memorandum and Articles of Association of the company.
- Passport copies of all partners in the company.
- Board of directors’ resolution sanctioning the account opening and signatories to the account.
How can Connectfz help you set up your business in a free zone in the UAE?
If you have made your decision to have your food cart business here, you should start working with a partner. And the reason for this is that you can make the food truck business in UAE free zone process more efficient and also easier. Besides, you can get certain advantages by completing the setup process along with a reliable business partner like Connectfz.
One of the main benefits of having our professional team by your side is that you can also get guidance. Our tips and suggestions will help you choose the right decisions during the key stages of the setup process. For instance, we can help you select a favorable business location for your business and also choose a convenient package.
Furthermore, you will have the opportunity to make your business grow exponentially with our other services. For example, we can help you learn more about the tax system in the country with our tax advisory services. Other services that you might find useful include banking services, UAE market entry, and many others.
Would you like to contact Connectfz to obtain more information about the food truck business in UAE free zone? If you have any questions, call us on +97143316688. You can email us at firstname.lastname@example.org, and you will talk to one of our representatives who will answer your questions.