Get the best ideas and assistance to set up a new business in Dubai. Expo 2020 will offer new and exciting options for interested investors and some of the best options are filtered below for your convenience.
A business expo is a spectacular event with exciting exhibitions, business opportunities and stupendous growth for the host country; therefore, it is safe to assume that Expo 2020, which will be held in Dubai, will be no different. Business investors are given multiple options to come and start a business in the UAE.
If you are considering business setup in Dubai or anywhere in the UAE, then keep on reading as we have listed some of the top businesses that are best established in the region.
Also Read:UAE Gears up Ahead of Dubai Expo 2020
Hospitality
With the increase in the number of tourists, the need for hospitality services will also increase. This basically means that starting a hospitality business will turn out to be a feasible option, as there will be a high demand in the market. Hospitality is in full demand and the GCC hospitality market is about to experience a massive change after the 2020 expo. UAE is targeted to be the center of the hospitality industry. Starting a hospitality business in Dubai at this point stands to be the perfect option, and if you have an idea of starting a business regarding hospitality then you most definitely should go for it.
Entertainment
The entertainment industry in the region is set to see a paradigm shift. With a massive gathering of different nationalities under one umbrella, there will be a massive change in the entertainment industry. If you are an entrepreneur and you are planning to start a business in the entertainment industry, then start your business in Dubai or anywhere in the country.
SMEs
The Expo 2020 is a boon for SMEs as it will have a great effect on their businesses. Dubai stands out to be a commercial trading center and according to a report, more than 90% of registered businesses will see a drastic growth by 2020 which is expected to contribute to overall country growth.
Engineering
Dubai stands as the perfect example when it comes to what engineers can do. The umbrella of engineering is a huge one comprising of various segments like aviation, computing, construction, energy, health care, defense, oil and gas, telecommunication, etc.
Setting up a business in the industry will provide various business opportunities that will excel your business in different domains.
Tourism
Tourism turns out to be one of the most influential business domains in the UAE. Expo 2020 is expected to attract 25 million visitors, which will bring the tourism industry to the next level. Incorporating a travel and tourism business in Dubai is a great choice and it is quite easy to start the process of acquiring a tourism license, which will be issued by the Dubai Tourism Authority.
Construction
The partnerships that will take place in Expo 2020 are expected to fetch in a new demand for commercial and residential complexes. This widens the scope and profitability of the construction industry in Dubai.
As mentioned earlier, the Dubai Expo 2020 is on its way to increase the number of business entities dealing in various sectors, and it directly uplifts the real estate industry to a great extent. The number of commercial and residential complexes in the region have already grown exponentially in just a span of a few years.
Consultancy firms
An increasing number of companies in Dubai will require consultants with marketing and finance backgrounds to boost company growth and earn more profits.
Business entities will demand for consultancies and the industry will grow accordingly. If you are planning to set up a consultancy firm, you can do that by obtaining a consultancy license in Dubai.
Food and beverage
The industries that will witness a drastic change along with the tourism and hospitality industry is the food and beverage industry. Providing food services to such a large audience is a rare opportunity for business investors who seek to start a food business in Dubai.
Business setup consultants in UAE
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A spectacular event as big as Expo 2020 will surely remind entrepreneurs to venture in the prosperous and attractive business world of the Middle East and to start availing of what UAE has to offer.
Expo 2020 is a massive platform for local/foreign companies and investors to come and setup their businesses. A business owner has several different options to start a business in UAE based on personal reference. To initiate the process of company formation, it is best to seek the help of experts on business setup in Dubai and the rest of UAE. it is advised to take help of a business setup consultant who can guide you through the entire process. FAR Consultancy Middle East is a one-stop solution for all of your business setup needs. Our seasoned professionals can help you throughout the procedures, so contact us today for a free initial consultation!
