One of the world's most robust and consistently expanding commercial sectors is found in Dubai, along with other emirates. Despite occasionally occurring difficulties, the business sector in Dubai is rarely affected. Dubai's commercial environment presents one of the strongest options for wealth expansion for investors looking for new investment alternatives. Due to its great value and chances for new investors, the city is a popular choice for investors from all over the world. Additionally, Dubai draws millions of tourists each year and is a well-known tourist destination worldwide.
Dubai offers several strong arguments for investing in the travel and tourism sector. The city is a top choice for tourism investors because of its innovative architecture, inviting beaches, agreeable temperature, and constantly developing vacation culture. When considering to establish a tourist business in Dubai, where the sector has become evergreen and generates significant returns for investors, these considerations are an essential element of the decision-making process.
A tourist business must be registered with the Department of Economic Development and the Department of Dubai tourist and Commerce Marketing in order to be established in Dubai. When applying for one of the numerous tourism business licences that the Dubai government offers, investors must be well-informed. The issue of travel and tourist licences is overseen by the Department of tourist and Commerce Marketing (DTCM). As a result, business owners wishing to launch a travel and tourism company in Dubai must get in touch with the same organisation. The travel and tourism sector provides three types of licenses based on the services offered.
You can apply for one of the following licences provided by the Department of tourist and Commerce Marketing (DTCM) if you wish to launch a travel and tourist company in Dubai:
A company can manage travel arrangements within Dubai, such as event participation, visa services, and transportation services for tourists, with the help of an inbound tour operator licence.
A corporation can offer vacation packages outside of the country with the help of internet channels or by recruiting offline agents with an outbound tourist licence.
This licence enables a business to act as a vendor and offer customers ticketing and booking services, including for travel on planes, trains, buses, hotels and other related services.
The DTCM Authority unveiled a new rule in October 2018 to make it simpler for investors to acquire a tourism licence in Dubai. The rule reduced the initial investment and costs necessary by doing away with the requirement for a bank guarantee of AED 100,000–AED 200,000 for each activity, such as an incoming tour operator, an outgoing tour operator, and a travel agency.
It is now simpler for new investors to submit an application for a tourism licence in Dubai owing to the removal of the minimum square footage requirement of 300 feet as well as the elimination of requirements for documents such as experience letters and educational certificates for managers in the same sector.
The owner can carry out a number of duties when the establishment of a tourism business in Dubai is complete and the licence is granted, including:
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