Do's and Don'ts of Business Startup in Dubai

Are you looking forward to be an entrepreneur? You might be looking forward to establish your own startup in the beautiful city like Dubai. There are various kinds of businesses which you can start in Dubai and make it reach new heights and turn it into the leading brand. 

Well, there are different kinds of businesses which you can start in Dubai. It all depends as per your budget and your capability, etc. 

Why people opt for doing business in Dubai?

You might be sitting and enjoying the cup of coffee in any part of this world, and looking forward to establish a wonderful coffee cafe in Dubai, the marvelous city of the Gulf. The dream city of the Gulf, where people desire to have a job or even establishing their business.

There are various kinds of business growth sectors in Dubai that will help you succeed in enhancing and flourishing your business at a rapid pace. 

Just like the stunning cities like Paris or the Los Angeles, Dubai also grabs the eyeballs of people in the world towards the huge and incredible buildings. People from all over the world desire to come to this place to get rich soon in life. This wonderful city offers different opportunities to the people in the world in various areas like food/beverages, travel/tourism, arts/crafts and the list is long.  

As per one of the surveys conducted, the city is said to have provided around 20,000+ licenses in the year 2015. 

Dubai is the gateway to around 1 billion of consumers in the markets in the whole of the Middle East, Africa & Asia.

Well, if you too are looking forward to establish a startup in Dubai, then there are various do's and Don'ts to be considered before doing so:

#DO: You are required to be well-dressed and wear a smile:

The residents of Dubai highly appreciate their brands, but people in this city have also become clever in understanding and sophistication. 

Dubai is the city which is Western in the trend following but this place has the roots which are Islamic, the culture which follows different sets of rules. If you are a male or female, you need to be well dressed, be smart and wear a smile and be modest in your dressing sense which is a must. 

For instance, the suit and tie are quite compulsory for men attending the meetings. You must always have the happy and positive energy for social and even the corporate trends in Dubai. Nobody aspires to come at Dubai getting submerged in gloom.

There is a different form of dealing with Emirate people as they follow different customs. While attending the meetings as such, you must follow the etiquette to treat any new introductions with immense respect. You might not know the ranks of people who come at the meeting so you need to be aware of following the good manners to address people. 

For instance, you must never shake hands with the opposite sex people until and unless they will extend their hands first and for shaking hands always make use of your right hand. 

You must not go soon in the business matters. You might be in a hurry but always take care of the person's day, health and the family before you talk about the business dealings. You must always take some time and let the other party to start the business chat.

#DO: In Dubai you must go in-person for business matters:

Dubai is the beautiful city where you will not go very far with the email introductions as well as through the online transactions. In Dubai, you are required to go in-person networking trends to meet and greet the people. You must meet them, enjoy the drinks on offer, talk to people in the rooms and later on getting in touch with them. Every industry has some kinds of network and that is the reason closer personal relationships are quite necessary. 

Word-of-mouth marketing is also best in Dubai. You must make as many contacts as possible which will be helpful for you in enhancing your skills and the client lists. So you must join various groups, conferences, various networking sessions. You must have your trendy looking business card in handy with the Arabic language also printed on it on the side. There are 15 top business listing websites in UAE where you can list your business and get good sales leads. 

  

#DO: You must go as per the culture of Dubai and submerge yourself in new traditions: 

Dubai has a very different tradition as it is the city in the Gulf. You must learn to live in that tradition which is a rich tradition. If the climate is considered, Dubai gets quite hot in summers as such. It reaches up to 45 degrees Celsius in summers. It is a desert place. You will get to experience the cool nights. There are various adventures to enjoy like dune bashing, oasis hunting, etc. 

You can also learn the language, Arabic which is being spoken in Dubai. It will be of great help to you. 

#DO: Keep yourself high in the research mode: 

When you are looking forward to establish a business in Dubai, you need to research a lot in various ways. Before you opt for starting work in the new city, then you must know about the different kinds of venture in the region. You should be well-versed with the tradition of the region. You can search about the business for sale on the classified websites which will help you in enhancing your research.

You can perform immense research through various sources which will be of great help to you in various ways. If you researching about the real estate, then the best time for Dubai real estate investment is 2017.

#DON'T: You must not brag about your achievements: 

Dubai is the city which has turned out to be overpopulated with people who show-off and tell that they are the best, and superior in a particular field. 

This city is moving towards the modern trend and desires to have the best quality over the quantity. You must avoid making use of too many cliches while marketing and promoting the business, right from pamphlets to the online marketing event techniques. 

#DON'T: You must not think meetings and notifications as planned:

When you are headed towards a marvelous and beautiful city for doing business, you must have the good patience in you for having balance in work and life. Many times the business group meeting can go for longer. Many times people will check their phones in the meeting, join the meetings without announcing and then proceed to change the conversation, or come to the meeting very late. 

Many times you might not like it if you belong to the European or North American business environment, so you must be patient enough in this kind of atmosphere in the meetings. You must think carefully before you speak at the meetings and it is just challenging to work with the diverse people of different nationalities. You must not forget that you must keep the business in the family.

#DON'T: You must not forget your manners:

Dubai is the place which follows a different customs being the Islam religion city. The Emirates and the business people who work in Dubai do love to crack jokes but being irrelevant through the discussion is not being appreciated always. You must not make use of the R-rated language in Dubai, which is against the Islamic culture as such. 

#DON'T: You must not forget to take it easy in Dubai:

You must not let your confidence level down when you opt for establishing a new business start-up in Dubai. Dubai has different entrepreneurs from around the world as such. You need to be polite in your works and keep your  eyes glued to the goals. 

Closing Thoughts:

So, you are welcome to Dubai for starting a new startup in this wonderful city. You can set up from a variety of enterprises in Dubai.

Many of the talented entrepreneur are reaching new heights by establishing their own startup in Dubai as it is the tax-free place. 

Once you have established your own startup, you will then require to get good sales leads and have higher revenues. At DubaiPoster classified app, you will find various opportunities to add your business on various business selling websites worldwide which will help you in making good customer-base and increase your revenues. 

Business growth sectors in Dubai

Are you looking forward for having your own start-up in Dubai?

There are 5 top business sectors which are growing at a rapid pace in Dubai. For registering a company in Dubai, is as easy as 1-2-3, as you get various alternatives of the locations and the better opportunities which are being provided by Dubai. 

It is always better to keep yourself aware of the multifarious options available and also the minute details about the complete process, so that it will de done hassle-free. 

This beautiful city Dubai's non-oil private sector started again with the high graph of development in the month of March, as per the Emirates NBD Dubai Economy Tracker Index.

This tracker went up in the graph by 3.6 points, from 48.9 in the month of February to 52.5 in the month of March. 

The current reading indicates that business sector is watching an upward trend since 2015 November, which showcases renewed output and also new order growth side by side a slight increase in staff hiring. 

The best sector which helps in the growth of Dubai is tourism sector. A current data by the Tourism department indicates fast development of tourists which will enhance the real estate business in Dubai Land department. Talking about the property investment, Indians, Britishers, Pakistanis are the leading property investors, and also the non-GCC Arabs and residents of Gulf Cooperation Council. But, Dubai real estate price went down in the later ending months of the year 2015. 

Dubai is the beautiful city which attracts tourists of the world to the core. Dubai is the tourist-hub which grabs eyeballs from various countries like:

1. China 
2. UK 
3. US 
4. Saudi Arabia 
5. Russia

Every year, the number of visitors goes on increasing each year and tourism will be boosting  when Dubai will host attractions and upcoming projects in Dubai expo 2020. Various property dealers feel that the city will turn out to be a hub for a property investment in upcoming years. So various reasons for making an investment in Dubai real estate are:

1. There is no income tax to be paid by the people who invest in Dubai property market.
2. Dubai is the world-class family holiday location. 
3. Dubai is the best city which has relatively less crimes.
4. The climate of Dubai is pleasant throughout the year. 
5. Dubai is the place of marvelous beaches, opulent hotels, class shopping malls for the shopaholics. 
6. Profits from rental property is increasing with each passing day. 
7. Hotel investment opportunities in Dubai provide higher financial returns. 

The investors must consider the major benefits of making an investment in Dubai real estate before the demand crosses the supply. 

There are around 5 growth sectors for setting up business in Dubai:

#1 Dubai is the perfect place for skilled employees:

Dubai is the city, where it is possible for hiring employees from any place in the world. 

The talented, dedicated and skilled employees are easy to work with and their commissions will also be the best in the industry. The top-notch areas are the engineers, hospitality, teachers and nurses. 

It is tough to get the resident visa of more than 2 to 3 years even if your family has lived here for long time. 

#2  Trade business in Dubai:

There are nil rates of personal taxes, corporate taxes, wealth taxes and capital gain taxes in UAE. Even the custom duties are very nominal rates. 

Dubai has the population of around 1.7 billion people spread within 3000 km radius. Dubai is the beautiful city which facilitates cross country trade. It is also blessed with the troubled neighbours. 

The other class neighboring countries see Dubai as a beautiful heaven for the banking and shipping sectors. There are hassle-for process required for the same, minimum paper work.

The recent areas which are highly attracting the new entrances are the areas like food sector, building materials, steel scrap, jewelry and the pharmaceutical products.

The Dubai Chamber of Commerce has amazing information on wide array of products which you can research from. 

#3 Bars and different night clubs are also the major source of attraction:

Tourism is vastly growing as per the types of businesses which are developing at a rapid pace. Various entrepreneurs have started with small bars and reached to multiple hotels. 

Alcohol licenses are only given to few number of hotels, like 4 star or the 5 star luxurious hotels. 

If compared to different sector of businesses, in this particular area, various connections are required. 

The various hotel owners or the operators have the least out bar and night club operations to the others. 

#4 Travel and tourism sector in Dubai:

Various commendable travel companies have their businesses in Dubai. Dubai is the stunning travel hub of the Middle east. 

The tourism sector of Dubai is expanding with each passing day and is anticipated to go beyond 10 million in the upcoming 5 years, which is higher than the other neighbouring countries of middle east. 

The wonderful Emirates Airlines is icing on the cake for Dubai's travel and tourism oriented sector. This has led to growth in transit passengers. You can lookout the top 15 tourist attractions places in Dubai, UAE.

Fly Dubai is the perfect low cost airline which is highly favored by the people of Dubai.

There are multifarious destination flights and numerous travel agents both from Dubai and International markets which provides affordable packages. This is yet another area which attracts various tourists, thereby leading to growth in Dubai. The tourists have increased from 8% to 10% per year, which has also led to growth of businesses which serves them. 

#5 Real estate sector in Dubai: 

This is yet another leading sector for growth in Dubai. 2017: the apt time to make an investment in Dubai Real Estate. The real estate sector itself contributes to 22% to the city's total GDP. 

Various construction projects are being undertaken by different local companies and also foreign companies. Architects from all over the world come down to Dubai to make a living through their career. The architectures designs wonderful projects as per the requirement of the international investors and the tourists. There are various tips to crack architect jobs in Dubai real estate.

There are various challenges relating to this sector:

• Searching the correct property to make investment in. 
• Return on investment is also a big challenge in this sector of growth.
• Apart from these challenges, if you are looking forward to establish your own business in Dubai, then Real Estate is one of the fastest growing sectors in Dubai.

Well, this real estate sector always goes through the cycle phases, sometimes high and sometimes low. By the year 2020, Dubai will observe around 20 million visitors. Some of the tourists will set up the business and other will come for travelling purpose. 

The tourist demand will get enhanced by looking at the increasing visitors. The real estate business will be watching an upward trend in the coming days in Dubai. 

In the year 2013, Dubai observed around 10 million tourists. These figures will get doubled with each passing day. There are upcoming splending tourist attractions in Dubai, Dubai World Central airport. And also the mammoth air-controlled shopping mall which will be named as “The Mall of the World”, plus the big themed resort named, “The World”.

Will the minimum oil prices impact on Dubai's growth?

A great percentage of revenue in this city of Dubai, is being generated by the businesses, tourism and the logistics. Just 10% of the revenue is being generated by the oil, so reduced oil prices will not have any impact on the real estate business of Dubai. 

Conclusion:

So, Dubai is all set to be a hub of business growth, which will lead to more tourism also. Dubai already observes higher rate of tourists annually. The real estate sector development will be icing on the cake, and Dubai will observe the highest number of tourists in the coming future. 

With the growth of the tourism sector, there will also be a hike in business sector in Dubai. People will have to develop their business, which they will set up in Dubai.

Dubai Poster is the leading platform which helps to generate higher revenues and generate more sales leads which is the major requirement for the any business.