5 Successful Ideas for Business Setup in DMCC, Dubai

Dubai has stood out as an emerging hub of business and opportunities in recent times. Because of its attractive tax policies and advanced infrastructure, many entrepreneurs have started setting up their businesses in Dubai. You can take the help of consultant for DMCC business setup services in the UAE to help you get started.

With the establishment of DMCC in 2002, Dubai has become an economic powerhouse. DMCC consists of more than 80 residential and commercial towers housing 100,000+ working professionals.

Let's take a look at 5 businesses that you can set up in DMCC, Dubai.

1. Textile Business

UAE has a booming fashion industry. The huge size of the tourism industry is also a boost for the fashion industry, as it presents opportunities for textile businesses to cater to hospitality businesses like hotels and resorts.

2. Import & Export

The import and export business are by far the most attractive business setup in DMCC, Dubai. Because of UAE’s central location globally, it is easier and lucrative to start an international trading business here. It can help you earn good profit and also present opportunities for expansion.

3. Gold Trading

Dubai has long been the gold hub of the world. It shares 15% of the total global gold trade. Even when gold prices skyrocketed, the gold producers in the UAE saw a revenue growth of 15% to 20%. Hence, gold trading has become the most sought-after business opportunity behind import & export.

4. Artificial Intelligence

The Artificial Intelligence industry has seen a sudden growth in recent years, and experts believe it is going to grow even more in the coming years. UAE, too, has seen considerable growth in the AI sector. With the industry still in its early stages, it would be wise to start now to minimise competition.

5. Logistics & Supply Chain

UAE has established itself as a global logistics hub with its connection to Europe, Asia, and Africa because of its strategic location. You can take advantage of this by exploring logistics businesses like forwarding, warehouse management, supply chain consulting, etc.

Conclusion

As you can see, there are several business opportunities in DMCC, Dubai. If you want consultations in setting up your business, you can contact Global Business Services DMCC and start your entrepreneurial journey today.