The United Arab Emirates is a perfect destination for investors to step forward and set up a business in an investor-friendly environment. From a broadly diversified population to a thriving economy, UAE is packed with opportunities for global investors. Similarly, Abu Dhabi, the capital city of UAE, is one of the best places to start a business, without a doubt. The rapid economic growth has shined the development of several industries across the city. Therefore, several start-ups and entrepreneurs are willing to initiate small business in Abu Dhabi to thrive in their endeavors.
The government of UAE has always aimed to create a healthy economy for a long-term future, with each sector flourishing in its own field. Anu Dhabi is one such economy gradually becoming the fastest-growing among all the other emirates. Moreover, it is the richest of all with luxury malls, incredible buildings, high-class hotels, etc., deeply rooted in tradition, with a more regimented legal system as compared to Dubai and other metro cities. Furthermore, Abu Dhabi has established itself as a global industrial center.
Hence, if you want to start a profitable business in Abu Dhabi, below are some of the best business ideas and investment opportunities to start on a small scale. But before that, let’s learn why Abu Dhabi can be a good option to implement your business idea.
Reasons to start a small business in Abu Dhabi
- The safest city with minimum crimes and misdemeanors
- Innovative technologies
- Diversified economy infrastructure
- Extremely developed economic zones
- Low cost of workforce
- Member of GCC (Gulf Cooperation Council)
- Financial services
- Tax exemptions
- Future prospects for growth
- Stable politics as well as economy
- Transportation system
- Foreign ownership
- Luxury and ease of life
Abu Dhabi can be the best choice where businesses can thrive. So, if you also wish to start a business in this city, we have a couple of lucrative ideas that you can choose from.
Ideas to start a small business in Abu Dhabi
Construction and Real estate
Abu Dhabi has been a key factor in the UAE’s success with its construction and real estate business. Every day a new building or skyscraper is planned or set up in the country. This, thus, opens a massive opportunity for engineers, architects, and other professionals engaged in this sector. Besides, the incessant migration of expats into the country calls for more residential and commercial properties. So, in such a case, if any individual investor or a firm determines to set up a construction or real estate business, they are assured to get a good profit in the market.
Healthcare
The healthcare industry is more in demand after the entire covid situation. In fact, people from nearby countries also prefer UAE due to the affordable healthcare options available here. However, acquiring a place in the UAE healthcare market may not be an easy task as it requires lot of efforts and expertise to clear the DHA exams and get the necessary licenses. Hence, it is advisable to seek the expert assistance of business setup consultants in UAE who can guide you with the basic steps and procedures to procure the Healthcare permit.
Business Consultancy
Abu Dhabi has promising business opportunities in Business Consultancy services. We all are well aware that new start-ups and multinational corporations are flooding the city. So, if you are an expert in business advisory, you can help other businesses in global expansion as well as guide entrepreneurs with new business strategies. However, before starting off with your consultancy services, make sure to obtain all the necessary licenses and approvals.
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Financial services
With new businesses emerging day by day, there is a constant demand for financial services such as bookkeeping, accounting, auditing, etc. And with the introduction of new reforms and financial laws, businesses need assistance with necessary calculations and accounting reports. Hence, if you possess expert knowledge in this field, you can achieve a fair share in the booming market of the UAE. All you need to do is obtain a financial consultancy license and have the essential credentials to get started.
Tourism and Travel agency
Dubai is undoubtedly a paradise for tourists. Millions of tourists visit Dubai every year. The beautiful hotels, shopping malls, beaches, and sculptures provoke people to travel to this wonderfully historic location. However, due to the rise of the pandemic in 2020, the tourism industry was in a bit of commotion. But now, since things are back to normal, there is a huge surge expected in this sector in the coming years. Hence, opening a travel agency in the UAE may wind up being a profitable opportunity.
E-commerce
The E-commerce sector has grown rapidly in the last few years, thus creating a lot of room for growth in the UAE. Nowadays, people prefer to shop online than in stores. Hence, companies or entrepreneurs who wish to sell their products through online means can take advantage of this. Additionally, this type of business doesn’t require much investment, except for a laptop and a strong operational idea. Moreover, UAE has advanced in technological innovations which have enabled sellers to run their business from anywhere they want, that too without paying any additional taxes.
Event management
Event management is also one of the growing ideas of small business in Abu Dhabi. UAE is a place of affluent people with a rich lifestyle. Hence, there is more scope for events such as weddings, birthdays, anniversaries, corporate gatherings, business exhibitions, workshops, conferences, etc. Besides, UAE also serves as a center for international meetings and summits which tend to happen frequently in the region. Therefore, with exceptional planning and organizing skills, you can connect with the people holding these events and offer to put together a delightful event for them.
Marketing and advertising
Businesses require marketing of their products and services as well as brand development in the global market. In this digitalized world, social media is the only robust tool for marketing and advertising the business at a global level. Hence, businesses must have a strong social media presence to reach their brand to the masses and make their mark on international grounds as well. So, if you consider setting up an advertising and marketing agency in Abu Dhabi, you can network better with other businesses in the area.
Transportation and logistics
UAE comprises a world-class infrastructure and a strategic location, where Dubai city serves as a prime location for supply chain and logistics operations. In addition, the city also includes transportation services to equally serve both businesses as well as travelers. So, once you get hold of the necessary licenses and approval, you can open your own transportation and logistic services company in Abu Dhabi. Apparently, the business setup consultants in UAE can do the needful and help you start your business in Dubai without any hassle.
In addition, there are many other ideas for small business in Abu Dhabi, UAE, such as –
- Food processing
- Chemical industry
- Clothing and textile
- Cafes, restaurants, and bakery
- Food delivery
- Recruitment agency
- Boutique
- Daycare
- Online tutoring
- Nightclubs
- Gadget repair
- Cleaning and laundry services
- Interior Designing
- Handyman services
- Hair and beauty salon
Start your business journey with Shuraa!
Shuraa Business Setup can help you with starting any business in the UAE. Our well-versed and experienced experts can guide you through the process of company formation in Abu Dhabi and also help you to establish your business entity in the UAE.
To know more, contact us today at +971 44081900 or info@shuraa.com. We would be glad to assist you.
