Dubai along with other emirates has one of the evergreens and ever-growing business industries all over the world. Business industry in Dubai is rarely affected taking into consideration various factors that arise from time to time.
This form of business in Dubai gives investors one of the best opportunities when it comes to finding new investment areas. It has long been an attraction for investors from all over the world seeing its worth and the opportunity that it presents to the new investors. The city of Dubai is one of the most visited.
Various reasons make Dubai a perfect destination for investors to set up a tourism business. As everyone knows that Dubai has undergone a massive change in various areas it has become one of the globally recognized hotspots all over the globe for its modern architecture, warm beaches, good climate, and a continuously evolving vacationing culture.
Such factors become an important part of an investor’s decision-making when thinking about opening up a tourism business in Dubai as it will usher in a huge number of profits for the investors since the industry has become evergreen.
To set up a tourism business in Dubai, one needs to get the business registered with the department of economic development as well as with the department of Dubai tourism and commerce marketing.
The Dubai government has put on avail many tourism licenses and the investor must make the right decision when it comes to applying for a tourism business license.
The issuance of travel and tourism licenses is managed by the Department of Tourism and Commerce Marketing (DTCM). if you want to start a travel and tourism business in Dubai, you’ll need to contact the same organization. Three forms of licenses are given in the travel and tourism industry, depending on the service.
In Dubai, while opening a tourism business investor can move an application for some licenses that are on offer in the city?
To boost and assist investors seeking a tourism license in Dubai, the Department of Tourism and Commerce Marketing, DTCM Authority, announced a new regulation in mid-October 2018, removing the requirement for a bank guarantee of AED 100,000 – AED 200,000 for each operation such as inbound tour operator, outbound tour operator, and travel agent.
This greatly decreases the initial investment and expense of acquiring a Dubai tourism license. The 300-square-foot minimum requirement has also been eliminated. Documents such as experience letters and educational certificates for managers in the same area, which were previously required, have been eliminated, enabling new investors in the field to apply for a tourism license in Dubai.
Business establishments that require a valid Tourism License for operation in Dubai and UAE are:
As the process of setting up a tourism business in Dubai is completed within a legal framework and the license has been issued for the same the owner can perform many tasks such as:
Tourism business licenses have always been in high demand in the UAE, especially in Dubai. The latest regulations would have the following effect on Dubai’s tourism licenses:
