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The textile industry in Dubai is thriving, with apparel production, fashion design, and manufacturing. This creates opportunities for wholesale fabric suppliers to cater to both domestic and international markets.
With a vibrant fashion industry and numerous shopping destinations, there is a constant demand for a wide range of fabrics in Dubai. Wholesale fabric suppliers can capitalize on this trend by offering bulk fabrics to fashion designers, garment manufacturers, and retailers. Furthermore, due to its good air, sea, and land connectivity, the city is a good hub of regional and international trade for wholesale fabric suppliers.
4641.02 Wholesale of Fabrics
Apply for a business license under the Wholesale of Textiles, Clothing, and Footwear and choose business activity Wholesale of Fabrics with activity code 4641.02.
Wholesale of fabrics refers to selling fabrics in large quantities to retailers, manufacturers, and other businesses. In addition, you can cater to companies that require materials in bulk for various purposes, including garment manufacturing, interior design, upholstery, and crafting.
You can offer fabrics in rolls, bolts, or bundles, allowing retailers and businesses to purchase the desired quantity tailored to their needs. You may also specialize in particular materials, such as cotton, silk, polyester, and wool, or specialty fabrics, like lace, denim, or upholstery. You can serve as an intermediary between fabric manufacturers or importers and the end-users, facilitating the distribution of materials in large quantities to various industries and businesses.
Your wholesale business license for textiles, clothing, and footwear allows you to engage in a comprehensive range of wholesale activities related to textiles, clothing, and footwear. With it, you can wholesale yarns, fabrics, and household linen. Additionally, you can wholesale haberdashery products like needles and sewing thread with your license. The extent of the license also includes the wholesale of clothing, including sports clothes and the wholesale of clothing accessories like gloves, ties, and braces. You can also engage in wholesale activities such as footwear, fur articles, and umbrellas.
Your wholesale business license for textiles, clothing, and footwear class expressly excludes the wholesale of jewellery and leather goods and the wholesale of textile fibers. This means you are permitted to engage in wholesale activities related to textiles, clothing, and footwear; you are not allowed to wholesale items such as jewelry or leather goods. Additionally, your license does not cover the wholesale of textile fibers.
To operate a wholesale fabric business (4641.02), you do not need approval from a third party.
ESR & UBO
The wholesale Trading of Fabrics in Dubai is exempt from UBO (Ultimate Beneficial Ownership) and ESR (Economic Substance Regulations) requirements. UBO refers to the identification and reporting of individuals who have ultimate ownership or control over a business entity, while ESR pertains to regulations that require businesses to demonstrate legitimate economic activity and substance within the jurisdiction where they operate.
Wholesale fabrics trading is not subject to AML (Anti-Money Laundering) regulations. AML regulations in Dubai primarily focus on preventing and detecting money laundering and terrorist financing activities.