UAE Investment Opportunities

Dubai is unremittingly offering a fruitful and prolific atmosphere for entrepreneurs from around the world. Being the commercial capital of the UAE, Dubai offers unlimited business opportunities. Dubai city is well connected to the rest of the world. Its strategic geo-location makes it easy to do business with various parts of the globe.

Even if you start surfing internet today, you can have a wide options of investment opportunities in Dubai, like in tourism, finance, media, technology, as well as the real estate sector. But is the business world of Dubai real? Do people really get what they are offered? Is there something which you should know before investing?

If these questions are knocking your mind then you are at the right place; as today we have compiled certain myths about the business world of Dubai. So, before you say yes to investment options, roll down and know about some of the business myths in Dubai:

Myth 1: Offshore company set-up in Dubai results in tax-evasion:

Fact – This is a lunatic myth spinning in the entrepreneurs mind. There are plenty of investment opportunities in Dubai but to escape from tax-evasion people usually switch to offshore company formation; which is a big false. There is no doubt that offshore company startup can be tax efficient, as it offers tax avoidance. But one should not blend tax evasion with tax avoidance. There is a difference between the two. Tax avoidance means offshore company formation can help you in reducing your overall tax liabilities as per law. While as tax evasion refers to tax dodging through illegal activity, where one does not pay what should be paid as per government law.

Myth 2: Online store in Dubai cheaper than real-time store:

Fact – In today’s digital era if you will ask anyone what business he would prefer in Dubai; the answer is surely going to be an “Online Store.” People live in the misconception that running an online store is cheaper than a static store. But the fact is that online store costs as much as it does for an actual store. It involves a whole series of processes that require time and money such as supply-chain management, warehousing, dispatching, and marketing. All these costs are significant and depend on the nature of the business. So, if you are thinking to start an online store in Dubai be financially prepared first.

Myth 3: There is no law or governance for offshore companies in Dubai:

 Fact – From past few years, it is known that most the young entrepreneurs shift towards offshore setup when it comes to investment opportunities in Dubai. No doubt, offshore companies offer privacy and confidentiality of transitions to the investor but there is no truth in it that they don’t have to follow law and jurisdictions. Dubai has specific laws and governance for every type of business whose violation can be counted as a criminal offence. So, be sure to make your business ethically fit for Dubai laws and regulations.

Myth 4: Real estate business in Dubai is fast and easy:

Real estate newbies think that in Dubai real estate industry is the best and easy revenue-generating source. There is no denying that this sector is the good business platform in Dubai but this sphere needs more time and dedication. Making quick money out of real estate in Dubai is a total myth. To be successful requires hard work and determination.  Besides this, this has its own boom but be cautious and have patience, with time it is surely going to show you flying colors.

Myth 5:  Stock market in Dubai is spam-free:

Every day, there’s a new hot stock in the market of Dubai. These stocks may gather substantial media or social attention but they’re not necessarily worth your consideration. Dubai is having a vast business market so finding a spam is no surprise. Be careful when you are thinking to invest in Dubai’s market. Be sure to have full research and investigation about the stock in which you want to invest. If you are a foreigner to the place it may be a little difficult for you to decide whether you should go for investing or not. It is advisable to consult professional business consultants in Dubai who can assist you in the same.

In the end, we wish you good luck and don’t let myths and misinformation stop you from taking advantage from smart investing opportunities in Dubai.

If you are thinking to invest and start your own venture, then UAE is the best place for you. Here you can have an abundance of resources and best business climate which can give you a successful future. All you need is to have a perfect knowledge of utilizing UAE Investment opportunities.  UAE is on the threshold of yet another economic leap. This place has stepped into every business sphere and continues to do so. With the introduction of digitalization, UAE is providing a vast range of profitable investment opportunities to the investors. If you have an eye for grabbing the best business opportunity then UAE is surely going to play the role of gem in your life.

Thus, if you are planning a business set up in UAE, or aspire to open up your dream venture, this is the time to do it. As a first mover, you can face certain issues like choosing the type of business, knowledge of business, required documentation, etc. But we have compiled 2018 top business platforms for you through which you can live your entrepreneur dream. So put on your entrepreneurial hat and let’s proceed.

Mentioned below are five serious business opportunities in UAE 2018.

1. Construction/Real Estate: 

Talking about the best UAE Investment opportunities, Construction and real estate sector are the greatest platforms to be utilized. Real estate business includes property management, real estate development and brokerage. If you are planning to invest in UAE market then you should take real estate business into consideration as in coming years this business is going to show tremendous growth.  One of the visual reasons for this boom is EXPO 2020. An estimated 25 million visitors are expected to attend and most of them will be foreign nationals arriving from across the globe. The construction industry is expected to grow in excess of 6% compounded annually over the next few years. So, give it a try and try your luck in the real estate business. Here is the mini guide that can help you in establishing successful real estate set up in the UAE:

1. Explore the location and business type to set up your real estate company
2. Register a trade name for your real estate business
3. Certify yourself for licensing process
4. Set up your real estate office

2. Opening a Beauty Salon: 

No matter you want it or not but a well-cared look and a neat haircut are the essential features of a modern member of the society. In the present era, this interest can be a basis for a successful business in UAE. Opening a beauty salon can be revenue generating. In UAE, with the high standards of living people are cautious about prioritizing their personal hygiene, and hence take great care of their looks. But before getting in this business it is advisable to check the requirement first. Besides this, you need to have a vast knowledge of organic and inorganic products.

 Roll down to know the major requirements for opening Beauty salon in UAE:

1. Find a local business partner.
2. Next, decide a name for your saloon and submit same to DED for approval
3. After the initial approval from the Department of Economic Development draft, sign the Memorandum of Association or a Local Service Agent
4. Find a suitable place for your saloon
5. Get approvals from government departments like Planning Section of the Dubai
6. Submit all the above documents and get the required license from the DED

These procedures can take time but once you get the license approval from the DED, you are good to go for your beauty salon in UAE.

3. Hospitality and Tourism: 

UAE is considered the decade’s hottest investment destination, as it displays exponential economic progression year on year. This marvelous economic growth of UAE is rooted in its tourism sector.  Tourism can be counted among the best UAE investment opportunities as it provides a platform to many budding entrepreneurs. In 2015, Dubai’s Department of Tourism & Commerce Marketing (DTCM) reported a record of 14.2 million visitors – which is set to hit 20 million by 2020.  So, if you are thinking to set up your own hospitality venture, make sure to approach a local sponsor with good knowledge of the place.

4. Fashion Boutique: 

For females, the best investment opportunity in UAE is the opening of a fashion boutique. Majority of the general public of this place are fashion conscious and love fashion trends, then starting a fashion boutique business isn’t out of place. Besides investment, you just need to have a perfect fashion sense to run your fashion store. So if you are always dazzled with fashion and want to do experiments in fashion world here is the mini checklist for you:

1. Develop your boutique’s brand.
2. Begin your business plan.
3. Research which lines you will carry.
4. Start your website.
5. Stay current.

5. Web Development: 

If you’ve set your sights on how to start a web development business in UAE, get ready for a wild ride. The journey of a freelance web developer is often like a turbulent, yet exciting, roller coaster ride. But in UAE this field is having good future as the place is all set to go digital.

Web development business is actually a worthwhile, especially if you are a freelancer. From few years this business is booming due to the fact that most companies now wish to have a web presence and might not have the required talents in-house to do this for them.  If you do it in the right way all banked turns and barrel rolls can lead to a successful career as a freelance web developer.

For having an edge you can also include web designing and social media service to your forte. Scroll down and know the basic requirements for starting web development business in UAE:

• Create your community.
• Handle HR and legal concerns.
• Establish facilities.
• Get your IT in order.
• Set up finance and accounting systems and processes.
• Dive into marketing and advertising.
• Plan for sales.
• Set up systems for productivity and quality control.

This is all from our side, start your venture and grab the best investment opportunities in the UAE and be your own boss!

BusinessXB is the largest proficient marketplace for business owners to buy and sell businesses, franchises, investments and business assets in the United Arab Emirates. Business XB is a centralized marketplace and a great platform to increase your investment opportunities in Dubai which can be done only through a sincere platform.

Through BusinessXB, you can sell and buy a business in Dubai, Ajman, Sharjah and Ajman.

Our mission is to provide quality services and to uphold our values of Integrity, Professionalism and World Class Customer Service.

Why choose BusinessXB?

• We provide verified business listings.
• We help you to market your business in the right way.
• We provide the best services to our customers with full dedication.
• We do not compromise with our standards as service providers.

BusinessXB is the largest proficient marketplace for business owners to buy and sell businesses, franchises, investments and business assets in the United Arab Emirates. Business XB is a centralized marketplace and a great platform to increase your business opportunity which can be done only through a sincere platform.

Through BusinessXB, you can sell and buy a business in Dubai, Ajman, Sharjah and Abu Dhabi.

Our mission is to provide quality services and to uphold our values of Integrity, Professionalism and World Class Customer Service.

Why choose BusinessXB?

• We provide verified business listings.
• We help you to market your business in the right way.
• We provide the best services to our customers with full dedication.
• We do not compromise with our standards as service providers.