Business Description

A travel enterprise is a lucrative business venture in Dubai. Tourism in the UAE is growing rapidly, with over 750,000 jobs supported by the sector, and the number of visitors is expected to rise to 20 million by 2020. The region is also well-regulated, and specialists in company formation can help you navigate the nuances of a business venture in Dubai. Here are some tips for starting a travel enterprise in Dubai.

First and foremost, you must obtain an establishment license. The process is relatively simple but requires prior knowledge. The DTCM has also removed the bank guarantee requirement for inbound and outbound operators. This step is crucial and should be taken as soon as possible. After obtaining an establishment license, you must register your business with the General Directorate of Residency and Foreigners Affairs. To operate a travel enterprise in the UAE, you must ensure that your employees have valid passports.

Once you’ve chosen the area of expertise, it’s time to start preparing for licensing. You need an inbound and outbound license, and you may need both types of licenses or just one. You can consult a consultant to get your license, and the business registration process starts smoothly, and the right consultant can make the process much faster and less complex. Further, these professionals can help you keep track of annual renewals, which can lead to penalties such as fines, blocklisting, or involuntary liquidation.

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