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Do you want to start a business in Dubai? And looking for promising business ideas with low investments?
Dubai is considered the commercial capital of the United Arab Emirates and has an economy conducive to business investment. It is a major commercial center among Arab countries.
Here we have prepared a list of 30 ideas on how to start a business investment in Dubai.
Dubai’s Economy and Ease of Doing Business
Dubai is known as the “City of Opportunity” in the world. In 2014, the state ranked first for airport-to-business district connections and fifth for most affordable cities. According to the PricewaterhouseCoopers report, the state ranks first in the world for the lowest corporate tax rate, 10th for cost of living, and 17th for business costs. occupied.
Dubai’s economy was originally built on revenue from the oil industry, and oil and gas revenue currently accounts for less than 2% of the emirate’s gross domestic product. The state became an important port of call for Western manufacturers. Today, the UAE focuses its economy on tourism through building hotels and developing real estate. With the completion of the new Dubai International Financial Center (DIFC), the city is increasingly developing into a center for service industries such as IT and finance.
Thanks to the country’s strong infrastructure, technology and logistics, the UAE economy is resilient and able to adapt to changes in market dynamics, opening up new frontiers and diversifying. The UAE seeks to create new sustainable and competitive economic models and adopt a more flexible approach to promote cooperation between the public and private sectors. Whether it is in Dubai or another country, starting a business in Dubai is a very encouraging decision from an entrepreneur’s perspective.
Procedures for Starting a Business in Dubai
Dubai is an investor-friendly city. Starting a business in the UAE simply involves some registration and documentation. Some basics are here.
Program time cost
- Keep the company name and apply for registration with the Ministry of Economic Affairs
- Development (DED) 1 day initial approval AED 110 + name reservation AED 210
- Notarized Memorandum of Association of the company, DED 1 day, 0.25% of capital (3 copies of Memorandum of Association), additional copies AED 5 per page
- Submit company documents to the Department of Economic Development (DED); obtain a trade license and register as a member of the Dubai Chamber of Commerce and Industry (DCCI) for 3 days
- Apply for a business card from the Ministry of Labor for AED 2,000 per day
- Register local workers with the Ministry of Labor for 1 day free
- Register local workers with the General Administration of Pensions and Social Security
List of 30 low-investment, profitable business ideas in Dubai
#1. Advertising
Dubai is a very promising market for advertising professionals. You can activate different advertising services from your home. As your business grows, you can build a full-fledged organization.
#2. Clothing
Dubai is famous for its fashionable clothing. It is one of the most popular destinations for shoppers. Clothing is a lucrative area for investment in the United Arab Emirates.
#3.handicraft making
If you have a crafty mind and are looking for a home-based opportunity, the arts and crafts industry is for you. Not just in Dubai, you can sell your products globally through online marketplaces.
#4.car
Transportation is highly integrated with Dubai. For new entrepreneurs, starting a business in the automotive industry is a perfect choice. Different franchise opportunities are also available.
#5.beauty
Like the United Arab Emirates, the beauty and wellness industry is booming. Service provision and retail stores are the most profitable areas of food and beverage.
#6.bookkeeping
This is one of the most profitable home business ideas in Dubai. If you are an expert in this field, you can start this business with almost zero capital investment. This is somewhat the business of the future, as VAT will be fully implemented from early 2018.
#7. Computer related business
Computers are a must-have item for every small and large business. In today’s digital era, computer-related businesses are showing a growing trend. You can start a business with a small amount of start-up capital.
#8.consult
Consulting is one of the most profitable business concepts in Dubai for subject matter experts. Depending on your knowledge and experience, you can even start any consulting business from home.
#9.e-commerce
E-commerce is the hottest investment area. The increase of people’s online purchasing tendency and consumption ability is the reason for the growth of e-commerce. This business is highly management-intensive.
#10.educate
The education industry is another booming industry in Dubai. In addition to traditional fields, management agencies in different fields such as hotels and restaurants also performed well.
#11.entertainment
Dubai is very exciting for any entertainment industry. It had so many people from so many countries; there was definitely an enthusiastic audience.
#12.fish culture
The rapid growth of Dubai’s population has created a huge gap in seafood supply and demand. Aquaculture is one of the most promising industries for small business owners. The main driver of aquaculture is the source of juvenile fish.
#13.Food processing and distribution services
Any type of business in the food industry is profitable in Dubai. In addition to the state’s own population, the country also attracts a large number of tourists from all over the world.
#14.green business
Going green or environmentally friendly is now not just a trend but has become part of our culture, influencing personal, local and corporate initiatives.
#15.handy-man
The country has a high demand for handyman service providers in various aspects. You can start with personalized service. Otherwise, you can form a company that provides different services. read more…
#16.home cooking business
If you love and enjoy cooking, you may be interested in starting a home cooking business. Any individual with a passion for cooking can start this home business with a low capital investment. read more…
#17.Information technology industry
Dubai is the top business gateway in the Middle East and Africa. Dubai Internet City has now merged with Dubai Media City to become part of TECOM (Dubai Technology, E-Commerce and Media Free Zone Authority). If you are an IT professional, you can start your own business in the country.
#18.jewelry making
Dubai is considered a jewelery hub. Jewelry making is one of the best business ideas here. The country’s retail jewelers serve customers, expatriates and tourists from more than 180 countries. The jewelry sold here is imported from more than 30 countries.
#19.Petroleum and natural gas
Revenues generated from oil and gas sales account for a large portion of the UAE’s budget. This dependence is particularly strong in Abu Dhabi, where 55% of the budget and GDP come from the sale of carbohydrates.
#20.photography
Dubai is the largest city in the United Arab Emirates, and tourism is an important part of the government’s strategy to maintain the flow of foreign capital into the Grand Duchy. There are several niche ideas for starting a photography business in Dubai.
#twenty one.poultry breeding
Dubai’s major poultry farms are fully integrated, including on-farm slaughtering facilities. They also have marketing, sales and distribution staff, and some even retail directly. Medium and large scale poultry farming is a profitable industry in Dubai.
#twenty two.real estate
Real estate business ideas in Dubai are the most profitable areas of investment. The country is home to numerous skyscrapers such as the Emirates Towers (the 12th and 24th tallest buildings in the world) and the Burj Al Arab Hotel (located on its own artificial island and currently the fifth tallest and most expensive hotel in the world). Both residential projects and commercial properties are profitable propositions for new entrepreneurs.
#twenty three.recruitment agency
Dubai is one of the dream cities for foreign job seekers. Recruitment is a key challenge as the indigenous population makes up only 0.5% of the workforce and the remainder will come from outside the United Arab Emirates. This situation has given rise to a powerful industry of recruitment agencies, constantly searching for candidates to fill the growing number of vacancies.
#twenty four.recycling business
Any individual can make considerable money from a household recycling business. The amount of waste we generate is increasing at an alarming rate. While most people are aware of the impact of not recycling old materials, many more don’t even realize that recycling can be a lucrative business.
#25.retail
The improving economy boosted retail spending by locals, tourists and expats.
Online retail remains a small but growing channel in the country. You can also start any type of retail business by purchasing a franchise.
#26.Safety
Private Investigation is a highly regarded field that has grown significantly over the past few decades. Private investigators make significant contributions to law enforcement, cybercrime, surveillance, and human resources.
#27.telecommunications
In the past few years, Dubai’s telecommunications industry has grown at an annual rate of 20%, and the improvement of living standards has promoted the demand for digital life products.
#28.travel
Dubai is the center of tourism, including shopping tourism, business tourism, cultural tourism, sports tourism, medical tourism, etc. Starting a business in the tourism industry can definitely be a lucrative venture for budding entrepreneurs.
#29.transportation
Government of Dubai. Provide high-quality infrastructure and advanced transportation and logistics networks for people across the country. Due to the growing population, traffic congestion is severe. The city has become the most congested city in the Middle East. The average commute time for professionals working in the country is 1 hour and 45 minutes. This creates opportunities for small entrepreneurs in the transportation industry.
#30.vending machine
Dubai is considered a shopping city. It attracts millions of tourists from around the world throughout the year. Vending machines are an advanced form of retail business. A vending machine is a simple machine that sells anything from food to drinks to cigarettes. Snacks and cold drinks are the industry’s largest product segments.
In this article, we focus on the hottest industry sectors in Dubai. This list of 30 profitable business ideas in Dubai will surely help entrepreneurs make the right decision to start a business in Dubai.
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