The tourism industry in Dubai, UAE, is one of the most profitable sectors, attracting global tourists with its luxury experiences, landmarks, and vibrant culture. Over the past two decades, the UAE government has invested in numerous projects, including world-class attractions such as Burj Khalifa, Palm Jumeirah, and Dubai Parks and Resorts. This boom has inspired many entrepreneurs to start tourism businesses in Dubai.
Why Invest in Dubai’s Tourism Industry?
Dubai’s strategic location, ease of doing business, and tourist-friendly policies have made it a top destination for investors. With over 14 million visitors annually, Dubai is a hub for tourism in the Middle East, offering excellent infrastructure, luxury shopping, and iconic attractions. Recent legal reforms also allow foreign investors to own 100% of their tourism companies, further boosting the industry’s appeal.
Process of Starting a Tourism Business in Dubai
Starting a tourism business in Dubai is a streamlined process, thanks to the UAE government’s pro-business initiatives. In 2021, a new law was enacted allowing foreign nationals to own 100% of their business, removing the previous requirement of a UAE national owning 51% of the company. Here’s a simplified guide:
- Name Approval and Pre-Approval: Obtain approval for your business name from the Department of Economic Development (DED).
- Tourism Department NOC: Secure a No Objection Certificate from the Dubai Tourism Department.
- Office or Shop Lease: Rent a suitable business premise to operate your agency.
- Sign MOA/LSA Agreement: Sign the Memorandum of Association and Local Service Agent agreement at the DED or Notary Public.
- Insurance: Obtain liability insurance of up to AED 2 million.
- Trade License: Acquire your trade license from the relevant authorities.
- Corporate Bank Account: Set up a bank account to manage business transactions.
For new rules and regulations, it’s advisable to consult with professional business setup advisors like Avyanco to avoid legal complications and penalties.
Types of Tourism Licenses in Dubai
There are several types of tourism businesses you can start in Dubai:
- Inbound Tourism: Cater to tourists visiting Dubai by offering packages and services.
- Outbound Tourism: Assist UAE residents traveling abroad with travel plans and arrangements.
- Travel Agent License: Sell travel packages, accommodation, and transportation services.
Tourism License Activities in Dubai
A tourism license enables a wide range of business activities, including:
- Selling travel packages both online and offline.
- Providing accommodation and visa-related services.
- Selling transportation tickets, including flights and car rentals.
- Issuing travel insurance.
Required Documents to Obtain a Tourism License in Dubai
To get a tourism license, the following documents are needed:
- Passport and visa copies.
- Emirates ID and NOC (if applicable).
- Tourism license application form.
- Work qualification certificates.
- NOC for travel agent activity from the Civil Aviation Authority.
Cost of Tourism License in Dubai
Here’s a breakdown of typical costs for setting up a tourism business in Dubai:
- License Registration and Approval Fees: AED 12,000
- Local Agent Fees: AED 10,000
- Immigration and MOHRE Registration: AED 1,500
- Investor Visa: AED 5,000
- Employee Visa Fees: AED 6,500 per person
- Insurance Premium: AED 5,000
How Bizinvestfirm Can Help You
Bizinvestfirm is a leading business consultancy firm based in Dubai. We specialize in helping entrepreneurs set up tourism businesses in Dubai with ease. From handling paperwork to securing licenses, our experienced team ensures a smooth and efficient process.
Why Choose Bizinvestfirm?
- Customized Solutions: We tailor our services to meet your business needs, ensuring a successful launch in Dubai’s tourism market.
- Proven Track Record: With numerous successful setups, Avyanco is a trusted partner in Dubai’s business landscape.
- Expertise Across Industries: Our team has in-depth knowledge of various sectors, ensuring your business complies with UAE regulations and thrives in the market.
Get Started Today
Take the first step toward building your tourism empire in Dubai by contacting Avyanco for a free consultation. With our expert guidance, you can navigate the business setup process seamlessly and capitalize on Dubai’s booming tourism sector.
