How to find a good dealer or franchisee for your business in Emirates?

How to find a good dealer or franchisee for your business in Emirates?



Export to United Arab Emirates: where to start?

The United Arab Emirates' economy is thriving and opportunities to do business in the country are many:

  • the UAE’s currency, the dirham, which is pegged to the US dollar, is secure and freely convertible;
  • here are no restrictions on profit transfer or capital repatriation;
  • import duties are low (less than 4 per cent for virtually all goods and zero for items imported for use in free zones);
  • labor costs are competitive;
  • federal corporate tax and personal taxes are nil and numerous double taxation agreements and bilateral investment treaties are in place. In addition, the financial risk is minimal.

These factors, combined with a strategic, accessible location for major regional markets, an excellent reliable infrastructure and an extremely pleasant, stable and safe working environment are key elements in attracting foreign investment.

The UAE is a contracting party to the General Agreement on Tariffs and Trade (GATT) since 1994 and a member of the World Trade Organization (WTO) since 1996. It is also a member of the Greater Arab Free-Trade Area (GAFTA) in which all Gulf Cooperation Council (GCC) states participate

How to find good dealers or franchisees in Emirates?

First of all you need to have a good business concept, that is clear, appealing and above all: proven. But then you have to translate it to the local situation, because spending power and buying habits in this country may be different. We can help you with a first Market Quick Scan and help you translate your concept to the local situation. Then you can start searching for the right dealer or franchisee to roll it out.

We have a clear and structured approach to find the best partner

We first want to the characteristics of the dealer or franchisee that you are looking for. Based on your information, we make a long-list of 15-20 potential partners that fit your description. After your approval we find the right decision maker, approach him or her personally and share your business profile with them. This mostly leads to 3-5 companies who are suitable as your partner and interested in working with you. Once we have found these companies, we plan your meetings and accompany you during the first visits.

 

This entry was posted in temporary on June 11, 2018 by Tanushka.