Which Business I should start in Dubai? I am from Canada and want to move in Dubai and start business.

Well, running a business is definitely not for everyone; whether you are setting up in Dubai, Qatar, Saudi Arabia, etc. if you lack the guts, initiative and passion to run a business, you will never succeed regardless of where you find yourself.

Why You Should Start a Business in Dubai

• Dubai is one of the topmost destinations for business people and investors in the whole of the Middle East. The government policy and the state of the art infrastructures support the growth of small businesses, as well as large corporations. Business opportunities in Dubai are not just open to the citizens of United Arab Emirates, but also to foreign investors as well. As a matter of fact, the foreign investors are wooed into Dubai because the presence of foreign business is a major boost to the economy of Dubai.
• There are many free trade zones in Dubai and that is why commerce and trade is at its peak in Dubai. People come from far and wide to shop in Dubai simply because they tend to get cheaper goods there.
• 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

Best Small Business Opportunities in Dubai

11.  Trading

Traders from around the globe usually meet in Dubai to exchange goods and services. The phrase “exports and imports” is very common since the people’s major source of income is from trading. You can actually export or import any marketable products such as dried fruits, textiles, fashion materials and accessories, plastic goods, and vehicles.

12.  Business Franchises

Business franchising is a new concept in Dubai. Due to a huge expat population as well as mixed preferences of the people living here, this concept is working really well for some years now. You can get a business franchise in the fast food industry as this is one of the fastest growing industries in Dubai.

13.  Travel Agency

Since Dubai is one of the major tourist destinations in the world, a travel agency is a good business to start. Millions of tourists will be going to and from Dubai annually. The total population of the place is also heavily packed with expats from various countries.

I'd ask myself a completely different set of questions beginning with:

What am I really good at doing (professionally)?