Are you planning for company formation in UAE and don’t know where to get started? Well, you just need to scroll through this blog in that case.
Dubai has always been entrepreneurs’ favourite place when it comes to investment. And the main reason is the plethora of business opportunities available here. You get to live in a secure environment and enjoy the benefits of liberal trading laws by the UAE government.
But with ample facilities available, the first confusion arises when you have to choose the business idea. Don’t worry, we’re here to help you out. In this blog post, we’ll reveal 7 profitable startup business ideas for you. Let’s dive in.
7 Interesting Business Ideas For Company Formation in UAE
Here are the top 7 business ideas we’ve shortlisted for your Dubai company formation:
1- Incorporate An Ecommerce Store In Dubai
Over 99.15% of the Emiratis have access to the internet, and it angles towards the increase in online shopping. So, if you are thinking of opening an eCommerce store in Dubai, then it will be a good move.
All you need to do is to decide the niche of your eCommerce business and get your company registered. You can hire the best business consultants in Dubai to make your work of eCommerce business registration easier.
2- Start Travel & Tourism Company
Since the UAE is one of the world’s emerging travel destinations, starting a tourism business has endless scopes here. According to the reports by Statista.com, the forecasted contribution of the tourism industry to the UAE’s GDP is 280.6 billion.
You can choose any of the following activities to start your travel and tourism business in Dubai:
- Online and offline selling of tourism packages
- Issuance of travel insurance
- Offers related to accommodation and stay options
- Visa-related services
- Selling of flights, railways, and bus tickets
- Services related to car rentals, and more.
3- Open A Real Estate Agency
Another great opportunity for starting up a business in Dubai comes in the real estate industry. You can launch a real estate agency in the UAE. And the reason is a variety of investment options available in this skyscraper’s country.
In order to start a real estate agency, the most essential step is to get a RERA license from the concerned jurisdictions of the UAE. This cost will vary depending on your pre-existing education level.
4- Launch A Handyman Service Business
Who doesn’t require technicians, electricians, plumbers, and more in this tech-savvy world of machines? Well, everyone needs them. And in a country like the UAE which is popular for its world-class technologies, scopes for the technical professionals are even higher.
People, organizations, and companies across the Emirates also look for tech-savvy experts for the maintenance, repair and replacement of items. Here is where the scope for launching a handyman services business in Dubai arises.
Moreover, if you provide a skilled handyman to your clients, there are chances for your organization to earn profits.
5- Invest In a Beauty Salon
Are you a qualified beautician and have the passion to take your skills to the next level? If yes, then there is nothing better than investing in a beauty salon business. The residents of Dubai usually expect higher living standards and keeping oneself groomed is one of them.
So, if wish to incorporate a beauty salon in Dubai, then don’t even think for a moment. Just go for it. Some of the suitable areas where you can start your salon are:
- Sheikh Zayed Road
- Business Bay
- Al Quasis
- Bur Dubai
6- Establish A Construction Entity
One more enticing bet for starting a business in Dubai can be a construction agency. Since ample foreign investors looking for residential options in the UAE, this automatically increases the scope of the construction industry.
Thus, establishing a construction entity in Dubai can be an impressively profitable venture in the coming days.
7- Go for Healthcare Business
The government of the UAE offers a cornucopia of opportunities in the healthcare sector. Therefore, if you are willing to start a healthcare business in Dubai, just go for it.
Here is how you can start a healthcare business in the Emirate:
- Obtain all shareholders’ signatures on the Memorandum and Articles of Association and submit it.
- Next, acquire a legal agreement signed at the HDCC office
- Once done, get a private clinic license in Dubai after applying for it and then pay the needed fees.
Summing it up:
Dubai is the hub for a plethora of business opportunities and it will continue to grow in the coming years. The aforementioned options are just a few business ideas you can invest in. There are over 2000 business activities in the UAE you can actually choose from.
Do you wish to know a few more ideas for company formation in UAE? Feel free to get in touch with our business setup experts.