Many people’s ideal career would be one in which they could work from the convenience of their homes. Hence, several individuals are going for freelance business setup in Dubai. Recent research has shown that freelancers make almost fifty percent more than their full-time working colleagues. The freelancer visa is a three-year renewable residency permit that permits the holder to live and work in the Emirate.
According to the figures, more than one-third of the population in the United States works as a freelancer. The percentage of individuals working independently has increased by 45 percent in the last few years in the European Union. The UAE comes as the fourth best country in the world to freelance in a report by Expert Market UK.
The circumstance is the same in Dubai as it is everywhere else – freelance business is booming. On Upwork, Dubai ranks fifth in 2014 for money spent on hiring via the platform. Nevertheless, you must have the appropriate license to do so. It is the same as running a business in conjunction with a single individual. The number of companies employing freelancers is growing with time, and the trend is becoming more noticeable.
The following are the advantages to freelancers in Dubai that boost their business potential:
Easy license approval
You can easily get a license to do a freelance business setup in Dubai directly from the Department of Economic Development (DED). You will get the license within a week. However, you need to put your name instead of the business name. You will be subject to no personal or corporation tax if given a freezone license. You will be able to repatriate one hundred percent of your earnings, which is unquestionably a benefit. In the freezones of Abu Dhabi’s Fujairah Creative City, Media City, and twofour54, obtaining a freelancer license and a freelance visa is simple.
Corporate Bank Account
Even if they have a Business license in Dubai, freelancers may use the perks with business bank accounts. Freelancers may transact business in numerous currencies using these bank accounts. They can repatriate one hundred percent of their earnings to any nation of their choosing.
No need for an office
Another advantage of beginning a freelancing career in Dubai is access to this business. You may save money on rent since you won’t need an office location. Also, you can conduct business from the convenience of your own home. You may, however, choose to rent a desk or office in a freezone if that is more to your liking.
No requirement for a Local Sponsor
In freezones, you won’t need a ‘no objection certificate from a local sponsor. Also, you won’t have to worry about finding a local sponsor to launch your freelancing business setup in Dubai. You may also get freelancer permission from the freezone.
Variety of Fields
Once you get the license from DED, you can engage in any commercial endeavors. If you are a freelancer and listed in any freezone, you can only engage in commercial activities that are permitted in that freezone.
Freelancers in Dubai can work in many sectors across a broad spectrum of specializations.
Freelancers can sponsor their families or employers after securing their Freelance Visa in Dubai by earning at least the minimum wage. This enables them to work in many countries (in case of establishing a company). It is essential to remember that freelancing is not a fixed source of income. Still, if you run a successful freelancing business setup in Dubai, you may be able to secure financial support for your dependents.
Setting up an entire company
Freelancers don’t have to work on their own all the time. Hence, they may use their work as freelancers to launch their own businesses. This is not such a tricky operation in Dubai since a license for a freelancing business setup in dubai can change to a request for a company. Also, establishing a corporation in various freezones does not need an upfront share capital investment. You can submit applications for many different visas by obtaining a more recent license.
Making a Career Out of Freelancing
It is far simpler to obtain freelance work at one’s speed and time than to get traditional employment. Freelancers, on the other hand, can work whenever they want, whenever they want, and from any location they want. This is the most incredible thing about being a freelancer. Freelancers in Dubai enjoy access to a continually expanding market and are exempt from paying taxes online and offline, in addition to the perks listed above.
The following is a list of potential careers for residents of Dubai to consider. They are not unique and intriguing but rather profitable. Several of these freelancing possibilities may be transformed into a full-time jobs down the line.
Depending on your level of experience, expertise, and other qualifications, you may anticipate earning anywhere from 300 to 700 Dirhams each month. A rewarding freelancing profession might consist of things like providing online tutoring and aid to students with challenging tasks and thesis writing. It is one of the least difficult online occupations available in Dubai, and there are several chances available since hundreds of thousands of youngsters and adults want assistance with their schoolwork.
Another rewarding line of work is mentoring and instructing current staff members at a business or other organization. The possibilities in this location are almost endless once you start investigating them.
Personal training has also suffered because of the constraints imposed by COVID-19. The standard practice is to hire a personal trainer who is also capable of guiding you via a Zoom conference. People love the one-on-one or group sessions they have been attending online since the beginning of the outbreak. In other instances, customers are also paying noticeably lower than what they would for a workout session If you have a significant amount of expertise in the field of personal training, you have the potential to make more than 500 Dirhams per hour. However, bear in mind that there is a possibility that you could lose a significant portion of your money before it even reaches your bank account because of the payment processing costs that will be deducted from it. Therefore, it is strongly recommended that you choose a reliable digital bank that caters to freelancers and allows you to take credit card payments from your customers. Don’t forget to consider whether they have the most competitive prices.
The world has shrunk to the size of a hamlet, and information may now travel instantly from one location to another. As a result, the work of journalists is of the utmost significance since they form the backbone of any news organization, whether a website, a television station, or a printed newspaper.
Because most people now get their news online, this industry has possibilities and untapped potential. Work opportunities are available at reputable newspapers, journals, and news organizations for recent college graduates and anybody else interested in the subject. They are constantly seeking fresh talent, so if you believe you have the flare of a journalist, a successful career is waiting for you to step into it.
You will not want options to work as a freelance journalist in Dubai since the city offers many such positions. Many news outlets, websites, and other organizations now need the services of young and experienced professionals to assist them in maintaining their position as industry leaders.
Marketing and PR Professional
Creative workers are in demand by companies that want to promote any product to a certain demographic of consumers successfully. Professionals in marketing and public relations are an excellent choice since they can improve the online exposure of any organization, from sole proprietorships to Fortune 500 firms.
Their extraordinary communication abilities include convincing others to purchase a product or building their interest in it, and their communication skills are immaculate. The initial wage for those who are just getting their feet wet in marketing may vary anywhere from 5,000 Dirhams to 15,000 Dirhams, and for those who have more experience in marketing, this can reach as high as 100,000 Dirhams a month! However, hiring full-time specialists in this industry may be expensive, particularly for new enterprises and small businesses just starting out. Making a living as a freelance or public relations professional may be quite lucrative.
Future of Freelancers in Dubai
If you like working alone, are adept at time management, can do numerous jobs concurrently, enjoy being your boss, and have a high level of self-confidence, a freelance career may be for you. You may achieve stratospheric heights of success if you have a laser-like concentration on your objectives and understand how to be productive at work.
Freelancers will always have many chances in a variety of sectors and businesses. In the not-too-distant future, the fields of Architecture, Law, Medicine, Web Development/Machine Learning, and Engineering will use freelancers. Therefore, it is reasonable to state that freelancers in Dubai have a bright future.
As the Dubai market expands, so are opportunities for independent freelancers. And you may anticipate millions more independent freelancers in the next five years. Additionally, the easiest and least expensive option to obtain a residency permit without a sponsor is through a freelance Visa in Dubai.