Are you in search of an affordable business setup within Abu Dhabi? We’ve got 11 of the most profitable small business ideas that can aid you in starting your entrepreneurial dreams right away!
Famous for its growing economy and, welcoming policies and friendly policies, the UAE has become an international hub of business operations run by foreign investment. The UAE is also ranked at 16th according to the Bank’s Ease of Doing Business Report in 2020.
With its top-of-the-line infrastructure, a supportive workforce, a growth-oriented environment and business-friendly legislation, numerous entrepreneurs are investing in the business establishment within Abu Dhabi. The UAE is among the most desirable places to live and carry out smooth trade operations around the world.
With constant efforts and a local service provider who is supportive With consistent efforts, you can turn your business concept into a successful reality. After you have your plan completed, all you need is one week and six basic steps to set up your business within Abu Dhabi.
The UAE government is making every effort to attract more foreign investment. They are working hard to offer more facilities and opportunities for business in diverse regions. First, however, you need to find an excellent business plan to make the most of the opportunities available in the UAE.
Top 11 Successful Business Ideas in Abu Dhabi
- eCommerce
eCommerce is among the most lucrative business strategies for entrepreneurs in Abu Dhabi. Based on your needs and your target market, you could offer a wide range of options through online marketplaces and websites for customers. Since consumers in the UAE have begun to shop online for even the smallest of their needs, you could quickly enter the market with little investment and attractive products.
- Construction
If there’s a place that stands out due to its stunning architecture, it is Abu Dhabi. Because of its constantly expanding urban skylines and industrial projects, the construction industry is constantly expanding. A business in the construction industry is a fantastic opportunity for growth if you have experience in the field.
- Travel and Tourism
As the world’s top tourist location, Abu Dhabi presents a unique chance to start a business in the UAE. As the government is making efforts to increase the number of tourists visiting the city, you can profit from the opportunities and begin your backpacking luxury tourism company.
- Restaurant and Cafe
The people living in Abu Dhabi earn significantly well and have greater buying power than many other cities. It makes it an ideal location to begin an establishment for a cafe or restaurant. With a bit of investment and a desire to serve various types of food, it is possible to make an impact on the residents who live in Abu Dhabi.
- Interior Design Consultant
If you’re considering establishing an innovative business with a creative flair in Abu Dhabi, an interior design service could be the best alternative. Since a large number of businesses and individuals have to revamp their interiors, You can provide them with your assistance by analyzing their needs.
- Real Estate Agency
With the amount of foreign investments growing in Abu Dhabi on a daily basis, real estate advisory can be a lucrative business idea. As the majority of people are planning on purchasing and renting homes, you can use your knowledge to provide them with high-quality services that satisfy their needs.
- Handyman
Handyman services are often needed in Abu Dhabi, both at the industrial and residential scales. You can begin an enterprise of a handyperson with a handyperson business in Abu Dhabi by researching the different needs of people like maintenance and repair, plumbing, etc., as well as collaborating with people who are willing to complete the work for you.
- Cleaning Services
Cleaning services also provide an excellent opportunity for business establishments to establish a business in the UAE. It’s simple to set up, and you can choose your customers to be commercial or residential. If you decide to do this, you can employ experts for the job or invest in appropriate equipment.
Find out more on how I can start a cleaning service within Dubai.
- Salon
If you’re a professional in beauty or treatments, you could create a spa and salon enterprise located in Abu Dhabi. There is a modest operating cost in Dubai, which can be expanded according to the increasing demands.
- Gift Shop
If you don’t have any unique items to offer or offer, a gift shop will allow you to earn money quickly. It’s easy to start apart the fact that you can source your products from reputable suppliers or manufacturers. With a high disposable income in Abu Dhabi, the demand for gift shops is increasing.
- Storage Facilities
With the growing foreign investment coming into Dubai, Many people will require warehouses or storage facilities to ensure their goods are safe. You can provide these services through leasing or purchasing a warehouse. It will assist in meeting the increasing demands of medium and small businesses; it can aid in generating consistent income.
Is Abu Dhabi an excellent place to establish an enterprise?
Abu Dhabi offers an extensive range of possibilities across every type of business. Since it is the largest emirate in the UAE, there are advantages to having a business-friendly location and opportunities available in the city. Foreign investors are able to establish their businesses within an area on the Abu Dhabi mainland or free zone according to their preferences and opportunities.
However, business owners have to obtain the appropriate licenses for commercial, industrial, tourism, professional, commercial and crafts based on the niche of their business.
What’s the price to open a new company within Abu Dhabi?
The costs for business setup for Abu Dhabi for two years vary between AED 18999 and 28999. These prices are primarily contingent on the kind of business package that you choose, along with the location and the type of business you’re investing in as a foreign investor.
The cost imposed by the government to set up the establishment of an Abu Dhabi business setup is one-time fixed in some instances and annually in other cases. The process of setting up a business helps investors better understand the expenses thoroughly.
- It is necessary to register your trading company name with Abu Dhabi. It is only a one-time cost.
- You’ll need to apply for trade licenses, activity fees, etc. These are cost-per-use by the government.
- There are specific fees to be paid for the incorporation of a business.
- A local service agent can incur recurring costs.
- You’ll have to pay the costs of leasing the property to conduct business.
- Additional charges for the visa allowance and renewal of incense could be necessary.
Steps to Establish Your Company in Abu Dhabi
- Determine the Nature of Your Business Activity.
- Determine Your Company’s Legal Structure.
- Register the Trade Name.
- Select Business Space and Location.
- Obtaining the Initial Approval.
- Registration and Payment of Fees.
Create your own company in Abu Dhabi withEffective Desk.
Setting up a business within the UAE offers an excellent opportunity for entrepreneurs. At Effective Desk, we provide the necessary guidance and support to assist you in getting started with your business and market procedures. As we help you with the documentation and sponsorship, you’ll be able to put your energy into expanding your company.