A Guide to Profit Making Businesses in Dubai Mainland

Business in Dubai has turned several ex-pats into successful entrepreneurs. The investor-friendly administration has ensured that Abu Dhabi, Dubai as well as Country’s other emirates are fertile for business growth and development. Subsequently, Dubai is one of the best destinations around the world. Several foreigners are starting their business in this city. With the concerted as well as focussed effort, one could reap incomparable benefits.

With the forward-thinking policies as well as progressive policies by the government, UAE motivates foreign traders to invest. In Dubai, from freelancers to business entrepreneurs, every professional can work and earn. However, before you plan to do business setup in Dubai, it is crucial to get knowledge about the Dubai business setup cost, basic rules, regulations as well as different companies.

Mainland Company

There are three jurisdictions in UAE i.e., Freezone, Offshore & Mainland. Based on jurisdictions, the companies vary on different parameters like visa eligibility, ownership, office space, the scope of business, etc. Freezone company is the one that is formed within special jurisdiction, doesn’t require a physical office, and enjoys 100% ownership and tax exemption.

Whereas the offshore company is the one that conducts the operation outside its origin’s location. It enjoys 100% tax exemption along with zero export and import duty. On the other hand, the mainland company is an onshore company that is registered under the government authority of the concerned Emirate. DED of particular Emirate issues the trade license. Investors who invest in Dubai mainland company formation could trade in local markets of UAE and outside UAE.

Popular Dubai Mainland Businesses for Making Profits

Business setup Dubai Mainland is an amazing proposition. It is because mainland companies are exempt from corporate tax and they could conduct business in UAE and beyond that. The companies could choose Dubai’s location for the office and work for the government as well. Moreover, there are no restrictions on currency and the number of visas. The best thing is that the mainland business registration process is straightforward and doesn’t require yearly audits.

In case you planning to start a business, here are a few business ideas that you could consider for the mainland company set up in Dubai

• Transportation

Due to the increasing demand for transportation services, there are enormous prospects in the transport sector. Setting up a transportation company or business could yield impressive returns for passionate investors. You have the choice of starting a trans-city transport service company or a local taxi service. The country’s economy is expected to grow; therefore, there are high chances that it would have a great impact on critical sectors such as transportation.

• Construction

Every day new buildings as well as skyscrapers are constructed in Dubai. Therefore, it opens massive opportunities for architects, construction firms, engineers, real estate developers, and several other professionals. Dubai’s population is also developing insanely and it is expected to increase as the ex-pats are pouring into the city, seeking chances for making their lives perfect. Therefore, you could consider this sector for Dubai mainland company formation.

• Tourism

Dubai is one of the popular vacation destinations. For visitors, it is a paradise. It is important to note that not only Dubai; however, the UAE hosts millions of tourists each year. This is an opportunity for the business persons that serve the tourists in any way. Dubai offers countless exciting elements like beaches, skyscrapers, hotels, shopping malls, etc. Opening a tourism company in Dubai could be a money-making option.

• Real Estate

In Dubai, real estate is one of the thriving industries because it is trader-friendly as well as adopts open economic facilities that enable overseas direct investments. It is the key reason why real estate is the popular business market.

The growth in Dubai’s business opportunities has led to an increase in demand for real estate. It also has numerous skyscrapers, artificial islands, residential & commercial projects. Therefore, there are chances in many segments of real estate and you could plan for a Mainland company set up in Dubai.

• Security Services

In UAE, there are security companies that protect private properties, government entities as well as people. It is a money-making business option because they would be demand for the guards in UAE. Establishing a business in the mainland would allow you to trade freely within the local market. The best thing is that with this kind of business setup in Dubai Mainland, you could bid for government contracts that could be lucrative.

• Consultancy Services

The individuals having qualifications as well as ample experience in any field could establish a business offering consultancy service. It is important to note that for sharing your business knowledge, you need to meet the client face-to-face. You could do provide consultations from your computer screen. However, before you set up a mainland company as well as begin business activities, ensure you obtain all the approvals.

For having detailed information regarding consultancy business in Dubai as well as its prerequisites, consider consulting experts. The experienced and reputed business consultants would help you with the entire process of mainland company formation and Dubai business setup cost.