Dubai is a promising market for fitness equipment and sports goods. The fitness industry has boomed in the city, with a wide variety of gyms, fitness centers, and sports clubs catering to health-conscious citizens. In addition, Dubai hosts various international sports events and tournaments, attracting athletes and enthusiasts worldwide. Therefore, businesses engaged in trading and retailing can capitalize on the demand for sports equipment. You can tap into Dubai’s thriving fitness equipment and sports goods market by leveraging the city’s fitness industry, sports events, health-conscious population, expatriate community, tourism sector, and online retail platforms.
4649.16 Wholesale of Musical Instruments, Games and Toys, Sports Goods
Apply for your business license under Wholesale of Other Household Goods and choose the business activity Wholesale of Musical Instruments, Games and Toys, Sports Goods with activity code 4649.16.
Wholesale of sports goods refers to the business activity of buying sports-related products in bulk from manufacturers or distributors and selling them to retailers, sports clubs, fitness centers, and other businesses on a larger scale. It involves distributing and supplying a wide range of sporting equipment, gear, and accessories.
Inclusions
With your trade license for wholesale musical instruments, games and toys, and sports goods in Dubai, you can expand your business into various related product categories. These include the wholesale of household furniture, household appliances, and consumer electronics such as radio and TV equipment, CD and DVD players and recorders, stereo equipment, and video game consoles.
Furthermore, your trade license allows you to wholesale lighting equipment, cutlery, china and glassware, woodenware, wickerwork, and corkware, among other household items. Additionally, you can offer the wholesale of pharmaceutical and medical goods, perfumeries, cosmetics, and soaps, catering to a diverse range of consumer needs.
Expanding your wholesale business extends to bicycles and their parts and accessories, stationery, books, magazines, and newspapers. In addition, you can diversify further into the wholesale of photographic and optical goods, including sunglasses, binoculars, and magnifying glasses. Additionally, you can wholesale recorded audio and video tapes, CDs, DVDs, leather goods, travel accessories, watches, clocks, jewelry, and more.
Exclusions
Your trade license for the wholesale of musical instruments, games and toys, and sports goods in Dubai does not permit you to engage in the wholesale of blank audio and video tapes, CDs, DVDs, and the wholesale of radio and TV broadcasting equipment. Therefore, your license excludes these specific categories. Additionally, your trade license does not allow you to conduct the wholesale of office furniture. It’s important to adhere to the limitations and exclusions specified in your license.
4763.00 Retail Sale of Sporting Equipment in Specialized Stores
Apply for your business license for the Retail Sale of Sporting Equipment in Specialized Stores with activity code 4763.00.
A retail trade license for sporting equipment in specialized stores allows you to engage in various retail activities. This includes selling sports goods, fishing gear, camping goods, boats, and bicycles. With this license, you can operate a specialized store catering to the needs of sports enthusiasts, outdoor enthusiasts, and individuals interested in recreational activities.
Your retail store can offer a diverse range of sports goods, including equipment and accessories for various sports such as football, basketball, tennis, badminton, cricket, and more. Additionally, you can retail fishing gear, catering to those interested in angling and fishing activities. The license also permits the sale of camping goods, providing customers with the necessary equipment for outdoor camping adventures.
Furthermore, your trade license allows you to retail boats, enabling you to offer watercraft options for recreational purposes or specific water-based activities. Additionally, you can engage in the retail sale of bicycles, catering to individuals seeking bikes for leisure, commuting, or sports.
Inclusions
Your trade license for the Retail sale of sporting equipment in specialized stores includes the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles.
4763.01 Retail Sale of Sports Goods, Fishing Gear, Camping Goods, Boats, and Bicycles
Apply for your business license under Retail Sale of Sporting Equipment in Specialized Stores and choose the business activity Retail Sale of Sports Goods, Fishing Gear, Camping Goods, Boats and Bicycles with activity code 4763.01.
Your trade license from the Meydan Free Zone permits the retail sale of a wide range of products, which includes sports goods, fishing gear, camping goods, boats, and bicycles. This means that the holder of this trade license is legally allowed to operate a retail establishment and sell these items to customers.
Sports goods typically refer to equipment or products used in various sports activities, such as balls, bats, rackets, protective gear, and apparel. Fishing gear includes fishing rods, reels, lines, hooks, baits, and other recreational or commercial fishing accessories.
Camping goods include equipment and supplies used for camping, such as tents, sleeping bags, camping stoves, lanterns, and other camping essentials. Boats refer to watercraft used for recreational purposes, fishing, or transportation on bodies of water. Your trade license allows the retail sale of bicycles, including different types such as road bikes, mountain bikes, hybrid bikes, and electric bikes.
Inclusions
Your trade license allows the retail sale of a wide range of products, including sports goods, fishing gear, camping goods, boats, and bicycles.
4763.93 Sports Equipment Trading
Apply for your business license under Retail Sale of Sporting Equipment in Specialized Stores and choose the business activity Sports Equipment Trading with activity code 4763.93.
Sports Equipment Trading refers to the business activity of buying and selling various types of sports equipment. It involves trading or retailing a wide range of items used in different sports and physical activities. Your Sports Equipment Trading businesses may operate in physical stores, online platforms, or a combination of both, catering to the needs of sports enthusiasts, athletes, fitness enthusiasts, and recreational players.
Inclusions
Your trade license covers the specialized retail sale of sporting equipment, which includes a diverse range of products such as sports goods, fishing gear, camping supplies, boats, and bicycles.
Third-Party Approval
Business activities (4649.16) Wholesale of Musical Instruments, Games and Toys, Sports Goods, Retail Sale of Sporting Equipment in Specialized Stores (4763.00), Retail Sale of Sports Goods, Fishing Gear, Camping Goods, Boats (4763.01), and Bicycles and Sports Equipment Trading (4763.93) doesn’t require a third-party approval to operate in Dubai.
Economic Substance Return
Business activities (4649.16) Wholesale of Musical Instruments, Games and Toys, Sports Goods, Retail Sale of Sporting Equipment in Specialized Stores (4763.00), Retail Sale of Sports Goods, Fishing Gear, Camping Goods, Boats (4763.01), and Bicycles and Sports Equipment Trading (4763.93), are not bound by specific regulatory requirements such as Ultimate Beneficial Ownership (UBO) or Economic Substance Regulations (ESR).
According to the Dubai Economic Substance Regulations (ESR), companies conducting certain business activities in the UAE must maintain adequate economic substance within the country to comply with international standards and prevent unfair taxation. In addition, Dubai’s regulations require companies and entities to keep accurate records about their ultimate beneficial owners (UBOs), who truly own or control the company or entity. However, fitness equipment or sports goods trading activities in Dubai are not subject to the regulations of the UBO or ESR.
Anti-Money Laundering Compliance
AML regulations do not apply to business activities (4649.16) Wholesale of Musical Instruments, Games and Toys, Sports Goods, Retail Sale of Sporting Equipment in Specialized Stores (4763.00), Retail Sale of Sports Goods, Fishing Gear, Camping Goods, Boats (4763.01), and Bicycles and Sports Equipment Trading (4763.93).
