FACTS ABOUT UAE BUSINESS SETUP.
Before you consider investing in a new business setup or obtaining a business license in the United Arab Emirates (UAE), it’s crucial to understand that doing business in the UAE is not a straightforward endeavor. While it may be relatively easy to acquire a business license and a residence visa, the cost of business operations can be substantial. The UAE already boasts a robust market with major players who have invested millions of Dirhams, making it challenging for new or small businesses to compete without significant financial resources.
Moreover, it’s essential to dispel the misconception that obtaining a business license and visa in the UAE can be leveraged to secure a job. The job market in the UAE, particularly in cities like Dubai, is highly competitive and primarily relies on personal connections and recommendations. Jobs are often filled through internal referrals or recommendations from employees, their relatives, and friends. Company heads or HR departments frequently prioritize hiring individuals with strong connections in the UAE.
Job listings posted on various portals are often redundant, with the same positions being circulated across multiple platforms merely to collect data. Given the high demand for jobs in the UAE, job seekers may encounter scams and fake job offers. These unscrupulous entities use data shared on job portals to approach candidates, sending emails for interviews and, in some cases, offering jobs along with job descriptions while requesting a processing fee upfront.
In light of these challenges, it’s essential for anyone planning to invest in a business or explore job opportunities in the UAE to exercise caution, conduct thorough research, and seek legitimate guidance from trusted sources. Building a network and establishing connections within the UAE may be vital for success in the competitive business and job markets.