Kick-start Your Entrepreneurship Career with Unique Ideas for Business to Start in Dubai

by Zaara 28, Feb 2017

business to start in dubai

Dubai is the commercial hub of the United Arab Emirates (UAE). The success story of the last 30 years of the Emirate, transforming from an oil-dependent semi-arid desert to one of the leading economic and innovation hubs in the world, is exemplary.

This is due to the city’s reputation as a fertile ground for company setup because of its commitment to sustainable development & economic diversification, progressive-minded government, and liberal corporate policies.

Ideas for the Best Business to Do in Dubai

If you are looking to start a firm in Dubai, there are enough opportunities in different industries.

1.Restaurant/ Cafe

Getting sufficient disposal revenue and decent purchasing power makes it easier for Emirates to dine out often.

The only thing you need to study and understand is to review the atmosphere in which you plan to operate the café or restaurant and determine how you expect to draw clients to your restaurant.

2. Jewellery

Dubai is a world gold destination. On the wholesale front, Dubai exports its jewellery to 200 countries across the globe.

There is Dubai Gold and Diamonds Park, and then there is the prestigious Gold Souk for the upmarket options. You can even start your own line of jewellery brands in Dubai.

3. Online Trader/ E-Commerce

It's just like general trade, but you save money for this company when you have a physical office. What you need is a service of Inventory and Distribution.

You can also start trading on third-party websites in less time to reach a more significant business. You can also create your website to get direct customers and promote them.

4. Documents/Attestation Service

Most people either come to Dubai for a job or to launch a new company. Many of them are unaware of the legal formalities to be performed when the company is licensed.

It is here that documentation or attestation service comes into the frame.

5. Entertainment

The entertainment sector is a glamorous industry, and knowledge-based strategic planning is needed to make this company a success. Undoubtedly, Dubai has an entertaining audience and welcomes any entertainment.

You can have a business ad or video, career expo, dance studio, nightclub, etc.

6. Beauty Salon

Beauty salons provide goods and services that improve the physical appearance and mental comfort of the customer. It is one of the Retail sector's most famous beauty business ideas.

Before taking the plunge, you need to check out the criteria for starting this company.

7. Home-Cooked meals Preparation & Delivery

People working in the 9-5 slots are too many, and home-cooked food options are too few. If you think you can dish out delicious home-cooked meals in a large number, then explore this idea.

You have your own distribution of collaborating with a distribution agency.

8. Webpreneur (Web Development)

It involves online projects such as mobile applications, online marketing, content agency, online PR companies, etc.

There is an interlinkage between e-commerce and web growth. Development in one field would yield an effect in another.

9. Insurance Broking

Did you know that health and car insurance is mandatory in Dubai? This has opened up the space for insurance widely.

This development is accredited to increased opportunities for retrieval in economic growth along with the continuation of new major projects in Dubai, Abu Dhabi, and other emirates. You can register yourself as a broker and/or start your own booking agency and ensure people and their expensive cars.

10. Fashion Boutique

Are you a fashionista with a keen sense of the fashion scene in the Middle East and an entrepreneurial mindset? If yes, then starting your own boutique can transform into a profitable venture.

The famous and popular of the UAE love to shop for the latest fashion trends, and your boutique can be their one-stop.

11. Cake Shop

This requires less capital and more baking expertise. If your heart is into baking and you have the necessary academic qualifications, opening a bakery is a great idea.

You may even take up the franchise. New Year’s parties or birthday parties or anniversaries, if your cakes are delicious, there is no reason not to open a bakery.

12. Telecommunications

TECOM is a Dubai government initiative in the free zone area to empower telecom companies. Prior knowledge, however, is a must.

13. Property Management

People mainly invest in real estate and need the help of property management firms to take care of their properties and maintain them long term.

14. Night Club

Contrary to popular opinion, Dubai has a dazzling nightlife scene. After a long week’s work, everyone likes to relax and unwind at famous nightclubs in Dubai.

But be sure that you have the necessary licenses to kick-start your nightclub.

Should you decide to form a company formation in Dubai, do contact us, even if it’s just for friendly advice.

We at Commitbiz are business setup consultants in Dubai and have our team of experts to help you with company incorporation, registration, accounting, bookkeeping, tax consulting and legal advisory.

FAQs

Which are the Top 5 most profitable sectors for consulting in UAE?

  • Information Technology

  • Marketing

  • Public Relations

  • Logistics

  • Energy Business

Which are the Top 5 consultant companies in UAE?

  • Bain And Company 

  • Mckinsey & Company 

  • Kearney 

  • Boston Consulting Group

  • Deloitte

What license is required by bakery companies in UAE?

 

You’ll require the following permits -

  • Approval from the Department of Food & Safety

  • Approval from the Department of Tourism and Commerce Marketing

  • Trade license from Department of Economic Development Dubai

There might be some business activities not specified in your license, in such cases, you’ll have to get a license for them too.

Reaching out to a Business setup company will make this process much easier. Contact Commitbiz for assistance.

What are the documents required for a UAE bakery company?

  • Initial Approval from the Department of Economic Development

  • Business Plan

  • Tenancy contract

  • Approval from Dubai Municipality

  • Approval from Dubai Land department

  • NOC from Food Safety and Department

  • Payment receipt for Trade name

  • Planning department’s approval

What are the things to keep in mind for starting a Daycare center in Dubai?

  • Finalize if the business will be home-based or a standalone daycare center.

  • Age group, you’ll cater to.

  • Baby proof the place

  • Qualified and competent staff

  • Approval from Civil Defense

Start your Entrepreneurship Journey Today in UAE at AED 5,500

Commitbiz will help you with every step of your success journey. You can get one-on-one mentorship from our experts and get guidance on how to clear the legal proceedings and grow your business.

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