The economy of the UAE is flourishing day by day due to its high potential and has been the country with the best infrastructure, attracting more investors.
Over the years, Foreign Direct Investment has constantly been growing in the UAE, contributed by the citizens and the expatriates. This is because so many places in the United Arab Emirates will be very suitable for foreigners who wish to set up a business.
If you are wondering how to start a business in UAE as a foreigner and don’t know where to start, we’ve got you covered!
This blog highlights the essential zones (Emirates) where you can think to incorporate one. So let’s deep dive and understand it better.
Types of Businesses in the United Arab Emirates
The land of the Emirates has widened its wings to support different types of business investors to step forward and set up their businesses at ease.
The different types of businesses that one can proceed ahead in the land include:
Every emirate in the UAE has the options mentioned above that you can proceed ahead with. Let’s have a look at the destinations now.
1. Abu Dhabi, the capital of the nation
Known as the capital of the UAE, Abu Dhabi is one of the top destinations that attract international investors massively.
Abu Dhabi is one of the best locations for setting up a business as it has more accessible connections to markets in different countries and has a fast-growing market.
To know more, glance at 7 Reasons on Why to Invest in Abu Dhabi, which will easily help you understand the core pointers.
2. Dubai, the heart of the UAE
The next destination that foreign investors essentially target is DUBAI. Referred to as the heart of the UAE, the destination is one of the most targeted zones for new and established businesses.
From construction to e-commerce, you can find all the suitable business industries setting up their business in the zone.
Apart from the concrete commercial moves, Dubai also encourages eco-friendly business ideas. To understand the same better, read 5 Eco-Friendly Business Ideas to Start in the UAE.
3. Ajman, the land of cultural attractions
Another destination that business professionals widely target is Ajman- the ground of cultural attractions.
Like the other Emirates, Ajman also encourages entrepreneurs to step in and incorporate their business.
However, based on the business activity, respective business licenses must be obtained from government authorities. Here’s a guide on Business License in Ajman that you can have a look at.
4. RAK, the northernmost part of the UAE
Known to be a favourite destination for both onshore and offshore businesses, Ras-Al-Khaimah encourages business minds to step in and transform their dream businesses into reality.
The Government of RAK has launched Business Packages for Female Entrepreneurs. So please look at the same to understand the benefits that one can obtain from the same.
5. Sharjah, the land of architectural heritage and wealth
Last but not least, Sharjah is the next destination that entrepreneurs can target. Although the land is regarded as an architectural spot, it lacks nowhere when it comes to industrial growth.
Right from tourism to the tech industry, the zone has an open ground for all businesses.
If you have been looking to conduct a trading business in Sharjah, you need to know something about How to Obtain a Trade License in Sharjah, which will give you an idea to obtain the same.
There are multiple reasons why UAE is considered a leading hub for companies to set up their businesses. It is essential to have your plans ready regarding the location for your business when you are starting a business in UAE.
If you want to proceed ahead, it is recommended to have a word with our business experts. Contact us today-we’d be glad to assist!