Nowadays, Dubai is a hub for the tallest buildings in the world including the Burj Khalifa, unlike when it used to be a desert place void of neither any vegetation nor any elegant building. Currently, the continuous erection of building after building has made Dubai a city on its own. As a result, investors globally are looking forward to investing in Dubai. One of the lucrative businesses sought-after Starting a Construction Company in Dubai.
The building construction business in Dubai is thriving daily and more opportunities are presented to aspiring business investors. However, starting a construction company in the UAE is not a walk in the park as the majority might take it. Some considerations need to be adhered to before launching your company successfully in Dubai.
Therefore, if you desire to have a portion of the construction business in Dubai, you’ll learn some basic tenets you must have before starting a construction company in Dubai or any other city in the world.
Here are the top six factors you need to consider before starting a construction company in Dubai;
- Safety of the Company and the Healthy Requirements of the Employees
- Tools and Equipment
- The Company Insurance
Let’s expound on them starting from the top;
Factors to Consider Before Starting a Construction Business in the UAE
Yes, it is always cumbersome to start a business in Dubai if you do know not the requirements to put in place for the success of your business. Read on to find out things you need to have in the palm of your fingers to launch a prolific business in the UAE;
Generally, before starting any company, business, or industry in Dubai, it is always a must to acquire a professional business license or permit for your company. The UAE authority commands all businesses set up in Dubai to have a license.
Any business activities done within the Dubai marketplace without a valid license are deemed illegal and if found, the Dubai authority can heavily fine you. For a valid license, you must obtain it from the Department of Economic Development in Dubai Mainland.
However, the Free Zones have their jurisdictions where you can apply for a permit to start your business. So, without a construction trading license, you cannot conduct your construction business activities in the UAE.
Location is another indispensable factor when starting any time of industry in Dubai. Therefore, establishing a company in a strategic location is what makes a difference in terms of your ROI. A business that is located in a productive position having in mind its target audience and demand will always flourish, unlike one located without strengthening its ground on demand and market audience.
Additionally, the location must be awesomely connected to various places in Dubai. This will boost your networking strategy and thus attract tons of leads to your construction business. Also, the UAE provides two grounds for business setup, the Dubai Mainland and Free Zone. Therefore, it is always recommended to choose an ideal location that aligns with the needs of your business.
Thus, choosing a suitable location plays a pivotal role in the foundation of a company. In addition, the company must be well-styled and arranged to give an excellent impression when clients visit your construction office.
Safety of the Company and the Healthy Requirements of the Employees
Who said construction companies need not be located in safety and healthier environment? Safety is paramount. When starting any type of business safety ought to be a priority. Above all, employees need to have a healthy ground to boost their productivity at the workplace.
In most cases, construction companies encounter accidents when using construction equipment. Several accidents within these sites happen because of negligence and insufficient safeguard at the place of work.
Therefore, it is prudent to conduct background research on the place and its safety plus health condition before erecting your construction site. On the other hand, environmental factors need to be included in your plan without which there might be endless disturbances. Ensure to equip your employees with safety gear such as helmets, vests, goggles, and more.
Additionally, the working hours set in your organization must be following the stipulated UAE law concerning health as documented by the Dubai Authority. When these steps are carefully put in place, your company will have no notice of closure because of law violations.
Tools and Equipment
Which equipment will quicken your company’s productivity? There are dozens of construction equipment in the marketplace it can be somewhat daunting to select the best one for your construction business.
However, keep in mind the purpose of each tool you need in your organization and how prolific it will be when used. Once you’ve to fathom this, select only quality equipment for your construction projects. Equipment to choose from ranges from barrels, excavation equipment, pulley, wheelbarrow, cement mixers, trolleys, and lifts among others.
It is recommended to always move the extra mile to research how these tools are used. Any mishap witnessed with the equipment might lead to a big blow in your financial matters in your company. Primarily, Dubai companies use top-notch equipment of world-class standards enabling quality construction in Dubai.
The Company Insurance
Insurance plays a monumental role when it comes to employees or company compensation when accidents occur. There are lots of cases hovering around about accidents occurring on construction sites, not once, twice, or thrice, but many accidents happen on these sites.
To avoid huge damage, ensure all your employees and your company is insured. The insurance company will therefore cater for the damage incurred in your organization when accidents strike.
Training is another essential aspect to deem fit when launching a successful construction business in the UAE. Construction companies use sophisticated equipment that needs an in-depth understanding of how to use them.
Therefore, it is advisable to train all your laborers before using this equipment. You can hire an expert to get things done or buy a course and walk them through until they are conversant with the tools and how they are used.
Training your employees on how to use construction tools will lessen the accident rates in the place of work.
Connect With Vigor To Start A Successful Construction Company in Dubai
It is important to connect with other successful building companies to learn what they have done to get their company ablaze. However, it Starting a Construction Company in Dubai is not a no-brainer task to accomplish in a crunch of time. You’ll need proper guidance on finding the best company to partner with.
Contact us today to help you find a legit company to partner with in your business and launch your company in less than a week!