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The tourism business in Dubai can be a great choice for an entrepreneur who wants to get into the UAE’s economy. The tourism and travel industry is thriving, and its contribution to the nation’s GDP is increasing every year. This blog deals with the intricacies of company formation in Dubai. With that, we will also look at all the licenses and permissions one might require to start a new business in Dubai.
With millions of tourists visiting each year, Dubai has become a popular destination. The UAE’s travel companies and tour operators now have a lot of chances thanks to the rising tourism sector. By drawing 20 million tourists annually, the government hopes to further increase tourism through programs like the Dubai Tourism Strategy 2020.
Dubai is in a strong position to continue being a major travel destination thanks to new hotel launches and continuous infrastructure development. From January to September 2024, Dubai received 13.29 million overnight guests, a +7% increase over the same period in 2023. Thus, the industry offers a lot of business and a great footing for anyone willing to invest in the tourism sector.
There are various benefits to starting a tourism company in the United Arab Emirates.
To become an entrepreneur in Dubai, you should be aware of the process through which you can form a company. Let us look at the process of opening a tourism company in Dubai.
Choose between freezone or mainland company formation in Dubai. Freezone and mainland offer differences in jurisdiction, with both having some advantages over the other.
Choose a name that is appropriate for your business. Establish the particular tourism-related services your business (such as a tour operator, travel agency, or destination management organization) will provide.
Prepare and turn in the required paperwork, such as copies of your lease agreement, passport, and visa.
Obtain approvals from the appropriate authorities, including Dubai Tourism and the Department of Economic Development (DED). Acquire the required trade license.
Complete the Articles of Association (AOA) and Memorandum of Association (MOA). Make the required payments and finish the remaining legal requirements.
This will include:
There is a list of documents that will be required to start a tourism business in Dubai. These documents include:
The starting price for a UAE tourism business license is around AED 14,999*. The price can go below this in case of freezone business setup. On top of this, there are numerous extra expenses to take into account. Costs for workers and visas, as well as fees for any additional trading permits that could be needed, must also be taken into consideration.
For a comprehensive and customised breakdown of the expenses involved, contact the Dubiz Business Setup team.
Dubiz business setup acts as a point of connection between your desire to set up a business in UAE and the reality of that desire. Being a team of experts who understand the whole process and have knowledge about all the ins and outs of company formation in UAE, it can be the perfect place to get help. From acquiring licenses to getting a Dubai business visa, we have you all covered. To get more details on your dream business, contact us via: call or WhatsApp: +971563695485, or email info@dubiz.co.
Because of the city’s advantageous position, first-rate infrastructure, variety of attractions, and government programs to promote travel, investing in Dubai’s tourist industry presents a potential opportunity for growth and profitability.
You can arrange guided city tours, desert safaris, cultural outings, and trips throughout the United Arab Emirates. It is perfect for companies aiming to reach the domestic tourism industry because it also enables you to host conferences and exhibits and provide transportation services for visitors.
To start a tourism business in Dubai: Obtain Department of Economic Development (DED) preapproval and name approval. Obtain a Tourism Department No Objection Certificate (NOC). For your business activities, rent an appropriate office or retail space.
Yes, the tourism business is a great choice in Dubai, as the land is not just a hub of technology and commerce but also offers a lot of fun activities like desert safaris, cultural events, detectable delicacies, and trips around the Emirates.
In Dubai, a tourism license typically costs AED 14,999*, though this can vary based on a number of criteria, including the type of license, the organisation of the business, office space, and other expenses.
