Business in UAE has turned many expats into successful entrepreneurs. The investor-friendly regime has ensured that Dubai, Abu Dubai, and other emirates in the country are fertile for the growth and development of businesses. Consequently, Dubai is one of the top business destinations around the globe and many foreigners are starting businesses in Dubai. With a focused and concerted effort, one can reap matchless benefits. At the same time, it is good to know the top 10 successful business ideas in Dubai, UAE. Thereby, you can choose the one that suits your business acumen and go ahead with your business setup in Dubai. Which is the best business to start in Dubai? What are some of the most profitable businesses in Dubai?
If you're looking to start a business in Dubai, here are some successful business ideas in Dubai for your consideration.
1. Construction Sector
Dubai is continuing the growth with the establishment of infrastructure facilities, skyscrapers, industrial units and so on. You can consider trying your hands in the construction field. A business set up in the construction sector in Dubai offers excellent growth prospects if you have enough experience and expertise in the field. Alternately, the firms offering construction material also have great scope and are one among the best businesses to start in Dubai.
Read More about Construction License in Dubai
2. E-Commerce Solutions
In the contemporary UAE Market, E-Commerce solutions are the best among the successful business ideas in Dubai. Unlike most of the other business fields, setting up an e-commerce business in Dubai doesn’t require a big investment. E-commerce solutions are witnessing exceptional growth, especially after the period of COVID-19 pandemic.
Read More about How to Start E-Commerce Business in Dubai, UAE?
3. Travel and Tourism
The emirate of Dubai has already been one of the top tourism destinations in the world. The emirate that doesn’t have petroleum reserves earns money from tourism, business, trade and other similar activities. With an eye on increasing tourist footfalls, several additional attractions are being added frequently. Hence, it is advisable to try your hands in the travel and tourism sector if you wish.
Read More about Tourism License in Dubai
4. Real Estate Agency
The arrival of numerous immigrants with and without family opens another business field; real estate. Consider starting a business setup in Dubai that provides real estate services in commercial, residential, and industrial fields.
Also Read How to become a real estate agent in dubai?
5. Health Sector
Dubai provides widespread opportunities for businesses in the health sector. Obtain requisite approvals and go ahead with your business plans to set up a business in the health sector. Reach out to us if you need support in a business set up formalities or guidance on any related issues.
6. Handyman Business
People, companies and organizations would require technicians, electricians, plumbers and other technical professionals for maintenance, repair or replacement of items. What they actually require is a person who would carry out the task without their supervision or interference. Your company can attain optimal growth if you provide a responsible handyman who is qualified, experienced, capable, and reliable.
7. Consultancy Service
Those who have qualifications along with ample experience in a particular field can establish a business providing consultancy service. Make sure that you have all the approvals before setting up the company and starting business activities. Talk to us now, to have detailed info regarding various consultancy businesses in Dubai and the prerequisites for the same.
Also Read Consulting Business License in Dubai
8. Beauty Salon
Are you a qualified beautician? Or you have a taste in the field. Then, go for the beauty salon business. The firm can be started at a low investment. It could be expanded subsequently, as you grow.
9. Restaurant Business
Food is one of the basic needs. A restaurant that offers quality food is going to be a success in Dubai. Since the emirate has numerous expats, who are staying alone, the restaurant business in Dubai has a high probability of success.
Also Read Restaurant Business License in Dubai
10. Cleaning Services
One can form a cleaning company in Dubai without much complication. It could be residential, commercial or industrial cleaning service. Check out the infrastructure, investment and labour requirements. Select the one that is suitable for you. As an industrial cleaning business may necessitate heavy equipment, high manpower and a strong infrastructure.
Also Read on How to Set up Cleaning Company in Dubai
Procedure To Start A Business In Dubai
The procedure to start a business in Dubai is unfussy, aimed at easy setting up. Anyone can form a company in the emirate without facing any difficulty. The investor-friendly policies in the country have been lauded by ex-pat and resident entrepreneurs.
The Procedure for company formation in Dubai involves the following steps:
- Identifying your business activity
- Choosing the jurisdiction, viz. Mainland, Free Zone or Offshore
- Registering the trading name
- Gaining initial approval for company formation
- Obtaining necessary approvals depending on the type of business you start
- Submission of the application along with requisite documents to the Department of Economic Development (DED) if the business is planned to be in Dubai Mainland. Or to the relevant authority in Free Zone or Offshore.
- Receive business license in Dubai
- Start full-fledged business operations
Why Kiltons Business setup services?
Kiltons business setup services has been delivering trustworthy services to resident and immigrant entrepreneurs since 1999. Our transparent dealings, reliable services and credible performance have made us one of the top business setup services in the country. We are proud to be helping dreamy individuals in realizing their dreams for more than two decades. As our caption states, we have been crafting individuals into entrepreneurs since inception.
We assure exceptional support in business setup in Dubai. Reach out to Kiltons today and begin your journey to riches.