Now before we get on to pleasure, lets talk about business opportunities in Dubai. As you read on you’ll learn:

• How to Get Your Foot in the Door of the Emirates Market
• The Quickest and Most Effective Way to Set Up Business in Dubai
• Which Export Markets Have the Best Opportunities
• What Are the Pitfalls of Doing Business in Dubai and How Do You Avoid Them
• How to Sell to an Emirate
• The Most Exciting Projects and Opportunities In Dubai Over the Next Decade
• Lets start with: How to Get Your Foot in the Door of the Emirates Market

The first and most obvious way to get a foot in the door of the Emirates is one of the many Trade Fairs that are happening all the time in Dubai. Because you’re required by law to have a local Emiratie sponsor, you’ll likely be approached by half a dozen locals wanting to help you with the distribution of your products.

In a moment I’ll show you why its critical that you partner with the right local agent but firstly, the best way to keep yourself updated on trade fairs is the Dubai World Trade Center website. You’ll find dates and all the contact information you need start preparing for your own expo table.

Now, the quickest and most effective way to set up business in Dubai is partnering with the right sponsor. If you’re a foreign company to operate legally in Dubai you must have a local sponsor who shares in the profit.

Before you get all upset about sharing profits, its usually a lot less than what you would have to pay in tax if you were exporting into most OECD economies. And when you choose the right sponsor they will have the connections and make it happen power to organize meetings with key decision makers. Your business dealings will run a lot more smoothly and you’ll be running into profit faster.

WARNING - if you select the wrong local agent you can kiss your business opportunity in Dubai goodbye. Dubai business is controlled by a small group of families with close connections, including the royal one. The better your sponsor the faster things will happen.

If you choose the wrong sponsor things can happen at a snail like pace. What’s worse is if you choose a sponsor who already has a monopoly on a competing product they could decide to do nothing but sit on your product once you’re signed up. Unless you have millions of dollars to spend in court its virtually impossible to fire your agent. It pays to visit Dubai repeatedly and be patient.

Another avenue to consider seriously is forming a joint venture with a company that already has a strong market into Dubai.