Setting up a business is a difficult and overwhelming task. There are people who back out just from the sight of the requirements to accomplish. However there are those that persist because they think of the rewards that will come out of it. They think more of their long-term goals.
1. Identify the business you are going to establish. If you intend to yield more profits, you should research about the industries that are in demand in the area as an example in Dubai, property, exports, nightclubs, job agencies, and childcare have business opportunities in the city.
2. Be informed about ownership requirements. The rule in the UAE is that 51 % participation by UAE nationals is required of any established companies except in certain circumstances like in some Free Zones such as Jebel Ali and Airport Free Zones. If you are thinking of getting into general partnerships, know that this is limited to UAE nationals only.
3. Secure your business license. A business license is a requirement for any business. In Dubai, there are three kinds of licenses. There are office licenses which cover all kinds of activity involving trading. There are professional licenses which cover professions, services, craftsmen, and artisans. However, you must remember that there are licenses for certain categories that require the approval of specific authorities.
Also, in the UAE there are Free Zones that you can capitalize on, however it would help you a lot if you research about the rules and regulations governing these areas before establishing anything. The more you know, the less likely you will lose in the business. Remember, knowledge is power especially in business.
For all new build projects as well as existing buildings, there are many regulations and rules surrounding the repair of smoke vents and systems for ensuring a safe environment in the case of fire. These systems are called Smoke and Heat Exhaust Ventilation (SHEV) systems and have a key role in saving the lives of a building's occupants.