It’s no wonder expats choose Dubai as a perfect location to start a business. It offers a lot to both locals and foreigners – a fast-growing economy, stability, quick procedures, and the simplicity of the business set-up process. You can also enjoy all these advantages and run a successful business – the only question is, which one? There are plenty of business ideas out there, and sometimes it can be hard to pick the right one. Luckily, we’ve got some great options for you. Here are the top 7 business ideas for expats in Dubai – take a look and choose a business that will help you grow.
Is Dubai a good place to start a business?
Absolutely. It’s no wonder why there are so many expats who live here and decide to start a business. They enjoy several benefits of living and working in Dubai:
- No taxes when starting a business – private companies welcome foreign employees
- It’s relatively easy to start a business
- There’s a business free zone
- Amazing infrastructure
- Technological advantages
In general, Dubai is one of the fastest-growing cities globally, which makes it an irresistible location for expats.
About running a business in Dubai
Before giving some great business examples, we should look at some vital information about running a business in Dubai. Foreigners can start a business in Dubai – but they need to know how things work over there. Usually, businesses are opened as LLCs or sole proprietorship companies, but there are other types. It is essential to know Dubai’s jurisdiction system before beginning the process, as there are differences between mainland and free zone companies. You should also get a trade license for starting a business in the UAE, depending on the type of business you choose. Also, you need to open a corporate bank account and register for a TRN number. So, when starting a business in a foreign country, it’s essential to have all the information before taking some serious steps. But, before all that, choose what kind of business you can open to achieve your goals.
The best business ideas for expats in Dubai
Several business types can do amazing in Dubai. However, try to narrow these options according to your experience and skills. After all, these are the most critical factors in succeeding in any niche.
1. A construction company
Dubai is all about construction and growth. That’s why a construction company may be an excellent solution for you. Dubai welcomes foreign entrepreneurs who are interested in investing in a construction business. However, this type of company needs a bigger budget to start, but it truly pays off.
Being one of the top tourist destinations globally, Dubai is always looking for a way to expand its food scene. People love eating out, and they love eating well. The best thing about this business idea – you don’t need a huge investment fund. You can go with some low-budget options and open a cafeteria or even a food truck. Just be sure to provide good quality meals and be unique.
3. Transportation services
Dubai’s weather can get pretty hot and humid. That’s why residents always need transportation services that are comfortable and reliable. One of the great business ideas for expats in Dubai is providing transport services on demand. Taxi or chauffeur services can get you far away in terms of running a successful business in the UAE. People will always need a fast and secure way to reach another location in the city, and you can be the one to help them do it.
4. Freight transport
One more idea related to transport is running a freight/cargo business. Dubai is a perfect location for import and export, so all these businesses have a clear road to success. You don’t need to import items – you can assist companies that make the trade. Luckily, many businesses in Dubai trade internationally, since it’s one of the safest business ideas you can try out. Freight experts at fourwinds-ksa.com confirm that high-quality services and reliability ensure success and many satisfied customers.
It’s no surprise that Dubai’s residents care about their health. They invest their time and money into high-quality food, supplements, physical activities, etc. That’s your chance to start a business. Anything related to personal training, massages, vitamins/supplements, and generally all the things related to well-being is surely a way to success.
6. Professional cleaning services
If you like your home to be sparkly clean, why don’t you make money from it after moving to Dubai? At first, people underestimate this business idea as not so glamorous. However, these services are much needed in commercial and residential properties, so you can succeed here. Companies need their offices cleaned daily, and many families want to pay and have their homes sparkly clean while at work or enjoying themselves with their loved ones.
7. Web design
This is truly a great business idea for all the techies out there. If you have fine web development skills – why wouldn’t you make this your job? Dubai is a constantly-growing place, with many businesses popping out each day. And in the era of the internet and digital marketing – they all need a website to sell their goods or services. So, if you have some interest in this niche, this can be a great way to start your career in Dubai.
With all the business ideas for expats in Dubai, it all comes down to one thing – courage. It would be best if you went for it. Think about the industry you see yourself in and make the first move. Collect the information, meet the right people and be resourceful – find your way towards success!