Why You Should Start a Business in Dubai Setting up a business in the UAE is very easy and straightforward. With progressive, forward-thinking policies by the government, the UAE encourages foreign investors to invest in the oil-rich country. In the UAE, investors are granted incentives and the procedures for setting up new businesses have been simplified by the government. Another reason why UAE – Dubai, in particular is a fertile ground for businesses is that taxation is minimal and mostly non-existent. Only three sectors are significantly assessed in taxation – oil, banking, and tobacco processing. The government of Dubai has a long-term plan that focus heavily on growing new businesses. In this way, their economy will be supported for years. They have business laws that are really favorable. The tax-free environment is ideal for new and emerging businesses. So if you are looking to invest in the UAE, then you will have no problems in terms of setting up your business. But there’s a need to know the best markets to invest in. without wasting time, below are the top 20 business opportunities in the UAE that will guarantee investors quick returns and long-term profit: Top 20 Small Business Investment Opportunities in the United Arab Emirates 1. Construction New buildings and structures are being erected in the UAE with each passing day. This opens a huge door of opportunities for engineers and other professionals in the building and construction sector. Similarly, investors can set up businesses that manufacture or sell raw materials used in building and construction. 2. Oil and gas This has been the mainstay of the country’s economy for several years. And much of the riches presently enjoyed by the UAE can be attributed to the country’s oil sector. Despite being exploited for years, the oil sector still has enough room to accommodate new investors. Interested entrepreneurs can start their own businesses from scratch or partner with existing businesses. 3. Financial services Because there are many large-scale businesses in the UAE, there is a proportionately huge demand for professionals that offer financial services – such as accountants, bookkeepers, and auditors. If you have a solid background in any of these financial specialties, you will make lots of profit by starting a business that offers financial services to businesses in the UAE. 4. Foods and snacks Food businesses thrive everywhere and at all times. And the UAE isn’t an exception to this fact. There’s always a high demand for foods and snacks. So, you can make lots of cash in the UAE by starting a business that sells fast foods and snacks. 5. Healthcare Like in other developed countries, the people of UAE are health conscious, and they show great concern for their health. This trend has led to an increase in the demand for professional healthcare service providers and facilities. If you are a healthcare professional looking to start a private business, the UAE is a very good place to establish it in. 6. Security Even though there are less security concerns in the UAE than we have in most other developed countries, individuals and businesses aren’t taking chances with their assets. This has led to a rise in demand for security guards as well as security devices. If you don’t have what it takes to set up a business that renders private security services, you can still make money in the security sector by selling security devices such as alarm systems and surveillance cameras. 7. Transport There are huge opportunities in the transport sector because of the ever-high demand for transport services. Investors have the option to start a local taxi service or a trans-city transport services company. 8. Environment Due to the rapid growth palpable in the UAE, various activities such as construction and industrialization are causing huge damage to the environment. And the people are becoming more aware of the benefits of protecting their environment. So, there are huge opportunities in the UAE for green living advocates as well as businesses that offer various environmental protection services such as waste recycling. 9. Tourism Dubai is one of the world’s most preferred vacation destinations. And this explains why there are many five-star hotels in the city. UAE hosts several thousands of visitors every year, and this opens huge opportunities for businesses that cater to tourists in one way or another. 10. Energy While there are enough players in the UAE’s energy sector, there are opportunities for businesses that help to maintain the various energy generation facilities available in the country. So, if you are looking to invest in the UAE, energy facility maintenance is one option you should consider if you have the required expertise and capital.

• published: 16 Dec 2014
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