If you are looking for small-scale business opportunities in Dubai, you can choose from many different sectors, such as aquafarming. You can even sponsor others to work in Dubai as a business visa sponsor. Other popular business opportunities in Dubai are restaurant settings and the import/export of apparel. These are just a few examples of how you can get started. Getting a business license is simple and is required whether your business is in a free zone or on the mainland. To obtain a business license, you must apply to DED, the Department of Economic Development (DED), and the Municipality of the Emirate, where you want to establish your business.
Aquafarming Is Promising Sector
The fast-growing population of Dubai has created a gap in the availability of fresh seafood. A small business can help fill that gap by establishing a fish farm with an increasingly diverse population. Aquafarming in Dubai is also an exciting and profitable industry. The availability of juveniles is the primary driving force behind the sector. The growing number of visitors to Dubai significantly boosts food businesses.
The UAE government has prioritized the development of aquaculture in recent years as a way to address the nation’s food security. While the government offers some financial support, private investors have generally stayed away from aquaculture because of the high capital requirements and misperceptions about the industry. That’s changing, however, and it’s time to start looking at this sector as an opportunity for your business.
Sponsoring Others For Business Visas
Depending on the size of your office, the type of business you’re starting, and the category of investor or employee, a business license in Dubai can enable you to sponsor other family members and friends for a work visa. Your company’s size, setup, and personal earnings determine the maximum number of visas you can sponsor. Unlike in many countries, the bureaucracy in the UAE is welcoming to foreign investors.
You can sponsor others to start a business in Dubai if you’re already a UAE national, but you’ll need to find an incubator to get your visa approved. Most incubators support the process, but you can apply it directly to them. The application process typically takes three weeks and requires a letter of support from the business sponsor. The sponsor must also provide a letter detailing the company’s details and why they’re sponsoring the visa.
Setting Up A Restaurant
As a small-scale business, it is opening a restaurant in Dubai requires several permits. The Department of Tourism and Commerce Marketing (DTCM) is the governing body of this kind of business in Dubai. The license must include a specific mention of the type of restaurant that will be opened. The next step in opening a restaurant in Dubai is to apply for a Trade License.
To operate a restaurant in Dubai, you must secure a trade and food license. You can obtain a trade license from the Department of Economic Development and Tourism and Commercial Marketing (DTCM). You can also get special licenses for your restaurant, such as a Ramadan permit or a pork permit. KWSME provides trade license services in Dubai. In addition to these documents, you must have a minimum of ten meters of space in your restaurant’s surrounding area.
Importing/Exporting Of Apparels
Starting your own business is an exhilarating and rewarding experience. Not only does it give you the freedom to make decisions based on your own merits, but the work you put in also directly benefits you. Furthermore, you are solely responsible for your success, which gives you a sense of personal freedom and accomplishment. Another significant advantage of working for yourself is the flexibility of working hours.
The UAE’s Federal Customs Authority oversees the country’s customs policy. This policy complies with the GCC Common Customs Law. There are customs offices in each emirate. You can approach them at airports, seaports, and land-border entry/exit points. You must also submit a complete packing list indicating the weight, method of packing, and HS code.
Low-Investment Business Ideas
In the UAE, there are various low-investment business ideas you can pursue. Some of the most promising ones include on-demand car services, GPS-based shipping, and customized travel services. You can start your own business and excel in it to make it to Forbes Middle East’s list of fastest-growing companies. However, before venturing into any new venture, be sure to check out the market and its trends.
Another low-investment business idea you can try is opening a cafeteria or market stall. You can sell coffee and food to people in Dubai. For a low-investment business, you can also lease a mini-shop and operate it remotely. You should launch an aggressive social-media campaign to attract customers.