How to Start a Perfume Store / Shop in Jeddah, Saudi Arabia: Procedure, Documents Required, Cost, What type of License to obtain?
In Jeddah, Saudi Arabia, starting a perfume shop can be a lucrative endeavor. Saudi Arabia has a sizable and expanding perfume sector, with consumers favoring both high-end and conventional scents. Here’s a guide to help you get going:
- 1.Conduct market research: Gain insight into the Jeddah perfume market by examining popular brands, price points, and current trends.
- Examine your rivals, including internet and brick-and-mortar retailers. Determine their advantages, disadvantages, and any holes that need to be filled.
- To draw clients, create a distinct brand identity and marketing plan. Make use of influencer marketing, social media, and collaborations with related companies.
- Obtain the licenses and permits you need: Speak with the appropriate Jeddah authorities to find out which licenses are particular to your line of activity.
- Select an appropriate business structure (partnership, sole proprietorship, etc.) and adhere to accounting and tax laws.
- Deliver top-notch customer service to foster loyalty and trust. Provide a pleasant shopping experience, individualized recommendations, and staff that is informed.
- To reach a broader audience and provide convenience, think about opening an online store in addition to your physical location.
Procedure
- Register your firm with the Ministry of Commerce and Investment (MCI) after deciding on your business structure (sole proprietorship, partnership, or LLC). This entails filing business paperwork, getting permissions, and paying costs.
- register your perfumes with the Saudi Food and Drug Authority (SFDA). This requires product information, technical data sheets, safety reports, and relevant certificates.
- Register with the General Authority for Zakat and Tax (GZAT) to pay the Islamic tax known as zakat.
- You may require extra permissions from the Ministry of Labor, Civil Defense, and the municipality (for health and fire safety), depending on your operations and location.
Documents Required
- Company registration documents
- Commercial license application form
- SFDA registration documents (product details, certificates)
- Lease agreement or property ownership documents
- Floor plan of your store
- Health and safety certificates
- Zakat registration form
- Fire safety and security clearance certificates
- Labor permits for employees
Types of license
- The primary license you need is the Commercial License from the MCI, specifying your activity as “Cosmetics Retail Trade.”
- Each perfume you sell must also have an SFDA product registration.
- Depending on your store setup and activities, you might need additional permits for:Health and safety (municipality), Fire safety (Civil Defense) and Labor (Ministry of Labor)
What is the cost?
- The minimum capital required to start approximately 500,000 SAR.
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