10 most popular business licenses issued in the UAE in the year 2019

10 most popular business licenses issued in the UAE in the year 2019 Source: The UAE Ministry of Economy

1. All kinds building projects contracting

2. General tranding

3. Cold and 4.Restaurants 5. Confectioneries hot and traditional beverages sweets

10 most popular business licenses issued in the UAE in the year 2019 Source: The UAE Ministry of Economy

6. Light transporting trucks used for Material

7. Heavy 8. Retail trucks used for sales of material perfume assembly transportation

9.Women ready-made clothes retail businesses

10.Building cleaning services

1. All kind building projects contracting We all know that the UAE is known for its skyscrapers, and the country keeps surprising people with its new architectural designs. The new building projects beat the previous ones setting up new records. Last year more than a 1000 licenses were issued related to this industry.

2. General trading General trading is one of the conventional businesses of the UAE. It is because of the geographical location, which allows the UAE to share its boundary with two important gulfs. The growth in this industry will keep rising as trade plays an important role in the country’s economy. There were 992 new general trading businesses registered in the year 2019.

3.Cold and hot beverages As Dubai is the business and tourism hub, the demand for beverages is everlasting. New businesses introducing cold and hot beverages came into existence last year as 898 licenses were issued.

4. Restaurants Development of restaurants is the direct result of growth appeared in tourism and corporate sector. For that reason, 774 business licenses were issued related to this business activity in the year 2019.

5. Confectioneries and traditional sweets The influence of other countries can be seen in the UAE when you explore the food items. There is a growth in businesses associated with confectioneries and traditional sweets. This advancement can be seen easily as 699 licenses were issued in the last twelve months.

6. Light transporting trucks used for materials Transportation is a necessity for any business. As this sector provides support to other sectors, its growth is ensured.

For that reason, in the year 2019, 546 licenses were issued related to this business activity.

7. Heavy trucks used for material assembly transportation There is a huge requirement of transporting materials needed for assembling large objects such as ships and aircraft. With the growth in the industries dealing with massive structures, these businesses have automatically shown expansion as the UAE government had provided 532 licenses in a year.

8. Retail sales of perfume Perfumes enhance a person’s presence and make a person appear more attractive. For that reason, it owns a huge customer base, and even businesses are ready to make the investments. The UAE had provided 428 licenses for the retail sale of perfumes last year.

9. Women ready-made clothes retail businesses The retail industry has shown tremendous growth in the UAE. Out of all these retail businesses, the one associated with women readymade clothes is ahead of all. Its proof can be presented with the fact that 390 licenses got issued last year.

10. Building cleaning services Building-cleaning services include a wide range of services which vary depending upon the infrastructureIt can range from anything between healthcare cleaning to floor stripping and waxing.

Different companies providing various cleaning services had started last year, as there were 375 fresh licenses issued.

As you can see, the UAE has smartly shifted its economy towards multiple sectors. Many new companies working in various sectors have set up their offices in different emirates of the UAE. Therefore, if you are planning to start your own business, it’s the right time.

Thanks For Watching