The United Arab Emirates (UAE) has continuously expanded its commercial opportunities for Indian entrepreneurs, allowing them to carry out the best business in Dubai for Indian entrepreneurs.
The progressive perspective of the government has altered the idea of business establishment. Furthermore, the country has lucrative specialized zones that concentrate on specific economic sectors. Not to forget that the UAE government also provides various advantages to Indian company owners who open businesses in Dubai.
So if you want to start a business in Dubai, continue reading. This blog will introduce you to some of the best business in Dubai for Indian entrepreneurs.
Why Should Indians Set Up Business in Dubai?
Here are the reasons why setting up a business in Dubai for Indians is beneficial:
- Dubai provides new businesses with affordable commercial real estate options and low tax rates.
- Dubai’s anticipated VAT rate is less than 5%, significantly lower than the global average for commercial hubs.
- Dubai provides easy access to the aviation industry. This entails 10,000 weekly flights to every region of the globe as well as international airports that are conveniently located.
- Dubai is an international trade hub, with participants from almost every field and sector present. This is a massive advantage for both B2B and B2C businesses.
10 Best Business Ideas in Dubai for Indians
Here are some best businesses in Dubai from India
1. Construction Agency
A Dubai construction agency can be one of your best bets if you want to start a new business. The growing real estate market and the increasing number of international investors looking for residential options in Dubai have created greater chances for the building industry. Your agency can build for both commercial and residential projects.
2. Beauty Brand or Store
Much of Dubai’s population is a wealthy consumer base with a strong interest in beauty products. If something is worth the price, people will spend their money on it. Thus, it is one of the most profitable locations for booming luxury beauty companies and traders.
There are numerous business options, including cosmetics, hair care, skincare, and fragrances. In fact, due to their widespread use, fragrances account for a sizable portion of earnings in Dubai. If you can put together a magnificent collection, there are no limits to what you can do.
3. Restaurant Business
One of the best businesses to start in Dubai is a restaurant. With a small investment and a passion for serving a variety of cuisines, you can open your ideal restaurant and attract customers. As the people in Dubai earn a good living, they enjoy fine cuisine and frequent dining out, making it a viable business option.
4. Write E-Books
In the markets of Egypt, Saudi Arabia, and the United Arab Emirates, traditional book sales via e-books climbed by 14%. Writing eBooks is one of the most popular businesses for Indians in Dubai. You can create an educational e-book, especially if you have valuable knowledge to share with readers. Additionally, it can provide you with a long period of stable revenue.
5. Babysitting Business
It is usually a good business idea for women in Dubai. This is the business for you if you want to make quick money. You may be in higher demand and earn more money if you speak a foreign language and can teach it to children.
6. HR Recruitment Agency
Human resource recruitment firms make a lot of money in Dubai. If you look closely, you’ll notice that many Indians are looking for work in Dubai, and many businesses use these agencies instead of hiring directly.
These companies provide businesses with the human resources they require, saving them significant time during the hiring process. Effective networking, online marketing, and social media promotion are critical for this business.
7. The Health Sector
Spending on private healthcare in the UAE may rise at a CAGR of 8.5 percent. The per capita cost of medication is high, and e-commerce is growing. Thus, the e-Pharma business has tremendous growth potential as well. This increase is facilitated by the advancement of technology and the growing desire for novel treatments to address unmet medical needs.
As a result, Dubai has a variety of opportunities for healthcare businesses. After obtaining the required approvals, you can launch your healthcare venture.
8. Consulting Services
Someone can start a business that provides consulting services with the required certifications and significant knowledge in a particular sector. A wide selection of consulting services is available for your business, including those in IT, management, marketing, operations, HR, strategy, compliance, and so on.
However, be sure you have all the required approvals before incorporating your company and beginning operations.
9. Home Cleaning Services
Another top business venture in Dubai is house cleaning.
Maintaining both professional and household responsibilities is extremely difficult. Most Dubai residents need more time to clean their homes because of their hectic schedules. To avoid this ordeal, they opt for residential cleaning services in Dubai, making it a viable business option.
However, you must sign a contract for house cleaning and secure workers for this business idea. Additionally, you may need to have access to high-tech cleaning equipment.
10. Web Development
You can provide your clients in Dubai with a wide range of digital services, such as mobile app development, web development, online marketing, and more. Not only is the industry rapidly expanding, but it is also allowing business owners to create a parallel with eCommerce services.
What Is the Process of Starting a Business in Dubai for Indians?
The steps to starting a business in Dubai are as follows:
- Decide a legal business activity in Dubai from the many available options.
- Choose and register a name for your company.
- Select a business structure such as a sole proprietorship, a Limited Liability Company (LLC), or a branch office.
- Choose whether to locate your company on the mainland of Dubai or in a free zone.
- Apply for a license based on your business activity and pay the associated fees.
- Obtain your license.
- Open a Bank Account.
What Are the Documents Required for Starting a Business in Dubai for Indians?
Every company doing business in Dubai is required to follow the documentation rules outlined by the overseeing bodies. The following documents must be presented to open a business in Dubai:
- Passport copies
- Passport size photographs
- Entry visa or stamp page
Additional documentation may be required depending on your company’s operations, organizational structure, and preferred location. Our experts at the UAE Expansion can help with the documents needed for your business.
What Is the Cost of Starting a Business in Dubai for Indians?
The cost of company formation in Dubai may vary depending on your desired company structure, business location, business activity, and other factors. As such, it is difficult to provide a detailed breakdown of the costs associated with establishing the best business in Dubai for Indian business persons.
But to give you an idea, the cost of starting a business in Dubai from India could range between AED 10,000 and AED 30,000.
Start Your Business With UAE Expansion
We hope this blog has given you a fair idea of the best business in Dubai for Indian entrepreneurs. But don’t limit yourself to just these options! Explore all the activities permitted in Dubai and then make a choice.
Although starting a business in Dubai looks easy, it’s advisable to seek help from experts such as the business consultants at the UAE Expansion. Our experienced professionals will also take care of the required documentation, pre-approvals, and other requirements.
Get in touch with the business consultants at the UAE Expansion, and we’ll help you start a business in Dubai at a fair price.