Dubai, one of the most captivating cities on earth, welcomes between 10 and 20 million visitors annually. Being the center of commerce in the Middle East, Dubai is the ideal location for opening a travel agency and seeing it flourish.
The tourism industry is one of the greatest to start a business in the country since it is one of the sectors that is expanding the fastest. The sector draws in investors who are keen to put money into companies they believe will expand as a result of their expectations that it will continue to thrive.
Additionally, according to official figures, tourism will generate AED 116 billion by 2027, or 5.4% of the UAE GDP, and will either directly or indirectly support over 750,000 employees.
How to start a travel agency in Dubai?
Many entrepreneurs, whether locals or expatriates, may open a travel business in Dubai with little trouble at all. With the correct pitch, you may easily obtain the necessary finances as there are plenty of investors in the nation.
You must first take care of a few matters, such as choosing the type of travel business you wish to run.What expenses are necessary for your business trip, and what conditions must you meet?
Activities of a Travel Agency in Dubai
The people who work for a travel agency are travel agents who are in charge of carrying out tour operator responsibilities. They are in charge of planning all kinds of events and tours, providing entertainment for the visitors who have selected them as their travel agency, whether they are outward or incoming trips to Dubai.
Travel agencies also help all overseas tourists obtain visas. All travel agencies must own insurance plans, and their staff members must handle all aspects of traveling.
Benefits of Starting a Travel Agency in Dubai
Starting a travel agency company in Dubai, United Arab Emirates, can be a very fruitful endeavor with several advantages.
Growing tourism industry
Every year, millions of tourists travel to Dubai, a well-known tourist destination. Because of its well-known sites, lavish resorts, and lively cultural scene, it is a popular tourist destination. Travel agencies will have chances since the tourist sector is predicted to develop in the upcoming years.
Tax-friendly environment
The United Arab Emirates, comprising Dubai, is widely recognized as one of the world’s most profitable and tax-free nations.
Free zones
Various free zones in Dubai provide unique advantages to companies. These advantages include 100% foreign ownership, simpler visa restrictions, and reduced taxes.
Strategic Location
Due to its geographical position across Europe, Asia, and Africa, Dubai is an ideal place for travelers to or from these regions to stay over. Therefore, your travel agency may have a competitive advantage in connecting customers to a variety of global locations due to this advantageous position.
Abundant resources
Travel agencies can make use of Dubai’s extensive resources and advanced infrastructure. These assets include lodging, travel, and tour companies.
Well-connected
With direct flights to more than 200 locations, Dubai has excellent global connections. Travel agencies now have an easier time arranging flights and other travel-related needs for their customers.
Documents Required to Open a Travel Agency in Dubai
The legal documentation listed below is required in order to open a travel agency in Dubai:
· copy of the investors’ passports and their residency or visitation visas.
· Limited options for the company’s reserved name
· Lease contract for an office
· Managerial degree certificate (attested by the UAE embassy in the place of origin)
· Policy for Indemnity Insurance
· Contract of appointment for travel agents
Steps to Open a Travel Agency in Dubai
The steps below will guide you through the process of establishing a travel company in Dubai:
Establish your travel business activity.
You must first decide the form of company activity to pursue among the available travel agency options. Will you be managing tours both within and outside of Dubai, or will you only be doing tours for visitors arriving in Dubai? Alternatively, you will be working as a travel agent and selling airline tickets.
By establishing that, you’ll be able to assess the scope of your business operations. To assist you in setting up your business, you may also enlist the aid of a company formation specialist, such as icons.
Choose a company name.
It is advisable to familiarize yourself with the regulations before selecting a name; terms like “global” and “international” may incur additional costs and have various limitations.
It is wisely forbidden to use derogatory terms, such as the name of God, in Arabic or English.
Travel company registration
In Dubai, obtaining a business license is necessary prior to the official opening of any enterprise. Applying for a tourist license will enable you to travel to Dubai for business-related purposes while you’re at it.
Frequently, you can also need permission from other relevant agencies, such as the Civil Aviation Authority or the Department of Tourism and Commerce Marketing (DTCM).
Set up employee visas.
It’s critical to have your employees’ visas ready before hiring them. Apply at least thirty days in advance of your employees’ arrival, so they will already have a visitation visa in place.
Open a corporate bank account.
Registering with the bank is the final step. When a company is created, a corporate account is required. Apply and obtain one!
The tourism industry in Dubai is highly regulated, so seeking guidance from Icons Business Setup specialists will help you avoid costly and time-consuming problems later on if you’re unsure about how to start a travel agency in Dubai while adhering to the regulations.
Requirements to Open a Travel Agency in Dubai
If you’re planning to open a travel agency in Dubai and get a travel agency license, then you’re required to provide:
A synopsis of your company plan
A Civil Aviation Authority “No Objection Certificate” (NOC)
A police certificate of good behavior.
And every other document listed above
Travel Agency License Cost in Dubai
Numerous variables, including the size of the firm, the operations it conducts, and the number of owners, affect the issuance of any business license. Those who can apply for a Dubai visa are also entitled to open a business in Dubai.
Generally speaking, the cost of a travel agency license in Dubai varies depending on the type of business, but it begins at AED 35,000 if the firm is run by a single individual who is only allowed one visa per year.
How Can Icons Help You Set up a Travel Agency in Dubai?
You can easily launch a travel agency in Dubai with the aid of a reputable company setup advisory like ICONS, which assists investors in the rapid development of their enterprises.
Numerous investors in Dubai and the UAE trust Team ICONS since they have collaborated with them and found it easy to launch their business.