Upcoming Business Opportunities in United Arab Emirates (UAE)

UAE has become a reliable and ever evolving destination for business investors looking to take a step ahead in the market as well as ensure that their businesses are incorporated into a trade friendly environment. The country’s attractive tax regime encourages businesses to move forward with their respective plans and operations.

Currently, setting up a business in the UAE, particularly Dubai, has become a smooth and an easy process, facilitated by the liberation of rules and regulations by the authorities.

The normal lives, which, no doubt like the rest of the world, witnessed rise and fall due to COVID, backed by the ongoing revival and growth through continuous medical support. It is due to this, that the UAE now opens its arms to investors from all over the planet yet again.

If you are an investor and are planning to incorporate a business in Dubai, here is the list of potential business ideas in UAE / Dubai you can surely consider:

• E-Commerce

First up is the e-commerce industry. It is quite evident that this industry has grown exponentially during the pandemic. The flexibility of ordering goods with one click has turned out to be propitious. Whether it be cosmetic or any handmade items, today, any entrepreneur can quickly start an e-commerce business and capture the regional, national and international market.

Dubai is one of the most profound grounds for budding entrepreneurs and startups, and if for individuals looking to the future, it is a concourse you can surely reply on.

• Cloud Kitchen

Could kitchens are a new concept fascinating people and investors, especially food lovers. It is another booming industry very much high in demand in Dubai. Particularly now that we are opening up to not only residents but tourists as well on the look-out for a great meal out or delivered to their homes.

• Virtual Tourism

The tourism industry was hit hard during the pandemic. As a result, it, at a global level, faced huge damages, and thus, an alternative remedy to boost the segment is to tie up with the tech industry. For now, the top destinations covered by Dubai's virtual tours include Burj Khalifa, Al Fahidi Historic Village, Burj-Al-Arab, Dubai Aquarium, Dubai Creek, Etihad Museum, Alserkal Museum, Saruq Al-Hadid Museum, Bollywood Parks and many other attractions.

The entirety of tourism can be connected through an online medium to help travelers experience high-definition views.

• Website Development and Digital Marketing

This industry is a sure shot success to start a business online and initiate the same with a minimal investment. One of the feasible options for starting this business is to perform and provide services online and remotely.

• IT Agency

Dubai holds a profitable ground for website development and similar services and therefore, the information technology sector is booming.

Remote working has been a necessity for workers in all sectors in the wake of the pandemic, and now as people go back to their places of work, the dependency on all inclusive technology is of high importance, facilitated by the UAE Governments’ efforts to advance this in this area. Dubai Techno Park is a dedicated free zone developed to target the tech-based industries and boost the national and international market.

• E – Education

In today’s times, education is not limited to the four walls of a classroom. Instead, an expert can open a specialized school or educational institution in any corner of the world. Dubai is a perfect gateway to start with an online education platform.

Dedicated free zones like Dubai Knowledge Village (DKV), Dubai International Academic City (DIAC) can be targeted for e-schools.

• Webpreneur

Technology has penetrated a variety of business segments, paving out different options for new and experienced investors. Fondly speaking, a “webpreneur” is an entrepreneur whose venture relates to the World Wide Web. Digital Entrepreneurship has been creating a lot of buzz since the early 21st century. After the Invention of WWW, the world went crazy and a lot of new technology and jobs were created shortly. There was a boom in jobs & hence the economy.

Webpreneur is a blend of web and entrepreneur that clearly defines that it deals with online ventures like mobile app development, online marketing, content agency, online PR firm etc. E-commerce and web development are interlinked. Growth in one sector will give rise to growth in another.

• Freelance Consultancy

Freelancing is a division that can help you to earn higher incomes even during these challenging times. The concept of freelancing lies in commercial assignments offered as projects backed by a defined sum of money and a specified duration. Every freelancer needs to obtain a freelancing license in UAE to get themselves considered as a registered freelancer.

Working on a freelance basis has many benefits, like being able to design your own schedule and choose your own projects and clients. One popular career for freelance workers is as a freelance consultant, or an independent expert who provides advice about a specific topic or concept.

Freelance consultants can work in almost any industry, which means there can be many opportunities to find employment. A freelance consultant helps and advises clients that they find on their own. They can work for companies or individual clients and can perform their job duties either on-site at a company's facilities or from their own home through teleconferencing.

Here are a few areas that you can specialize in as a freelance consultant. Career coaching, Public relations, Sales, Wellness, Human resources, Marketing, Law, Fitness, Sustainability, Social media, Information technology.

• Medical courier service

In times of this pandemic, we all know that getting access to medical services, especially, medications and medicines, is a very difficult task. With this business ideas in UAE /dubai, it is not only profitable, but also you are giving back to the community by serving the people in need.

All you need is a vehicle and superbly time management skills. Starting your own medical pickup and drop service is an excellent way to get your feet wet in the world of business. A medical courier service features low costs and a variety of revenue streams for the entrepreneurs. Medical supplies are used by more than only hospitals and clinics. Every day, millions of people order supplies or have specialized things delivered to them.

The medical courier business is an open road for interested ones, whether you employ drivers or deliver yourself. Your medical courier service should start with the requisite licensing, knowledge in handling medical supplies and samples, and dependable staff dressed appropriately.

• Apparel Industry

The global textile industry, particularly, the apparel industry, has seen remarkable changes in the past few years. Individuals from around the world, flock to Dubai, for tourism and more specifically, shopping. Dubai in particular is famous for its variety and quality of apparel and garments.

Hence setting up a business pertaining to the same in the city can be an excellent choice if you have good taste in clothes and are updated with the latest fashion as well as a mind and drive for business.

Establish the world class Business in Dubai with MBG

MBG understands and knows that starting a company and your business ideas in UAE /Dubai, can absolutely mean taking into consideration a lot of minute details and information. We, at MBG, our experienced company set up professionals will seamlessly assist you and create a tailor made scope of work as per your requirements of forming a company in UAE. Right from helping you find the correct business opportunity together with assisting you for all the procedures, documentations, MBG experts has got all covered for you.

Some of the key steps for forming a business venture in UAE:

• Determination of the legal entity type; • Choosing the favored trade name; • Application for the license to conduct the activity; • Choosing an office space depending on the activity; • Obtaining all the pre-approvals; • And finally, registration of the business and getting the license.

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