The first and foremost thing one notes before starting a business or a company is the profit the company or business is giving. Travelling Agencies is a billion-dollar industry; if you do everything right, you will be successful. There has been a spike in tourism and the trend of travelling in the past few years. People make it their goal to at least visit a single place where they have never been before. Travelling businesses are making much more now than they were ever making before. So, Dubai is the perfect place to start such a company. Dubai is known as the hub for most of the tourist attractions and some of the important landmarks as well.
Underneath mentioned is a detailed guide on how to easily set up a travel agency in Dubai.
Essential Facts To Know About Setting Up A Travel Agency In Dubai
If you want to start a travel company in Dubai, you will have to follow a few basic steps, and then you will be good to go.
- The first thing you must do is apply for a license to run a travel agency in Dubai.
- After that, you will have to pay some charges, the required fee for the business startup.
- You have to get the NOC from Dubai’s national travel and tourism department.
- The last thing to do is to make your company’s appropriate office.
Procedure For Setting Up A Travel Agency In Dubai
If you follow the steps of setting up a business in Dubai, you will be good to go.
Choose a Name for Your Business
When you are planning to start your own company of travelling agency, the first thing to do is to think of an attractive and catchy name. It should be creative, precise, and attractive as well. It should have the ability to represent your company. Some start a touring company without considering that the business’s name matters. So, be creative while choosing the name for your company.
Select Category or Niche
Now you can’t be the jack of all trades. You have to choose one professional niche in the business of your choice. For instance, if you start a travel agency in Dubai, then you can either go for national-level travel or else you could go for international travel. You have to be sure about what you will choose because at first, you only get to choose once.
Get your Business License
The department that issues licenses for businesses is DED in Dubai. No matter what type of business you are going to start, it should be approved by the government first before you start your travel agency. All companies must have a trading license as well.
When you apply for the license, you will need the following documents for the application.
- Memorandum of association
- Certificate of incorporation
- Copies of the shareholder’s passports
- If you own a tourism travel agency, you must have additional licenses from the Department of Tourism and Commerce Marketing.
Apply for the Tourism Company License
If you are starting a tourism travel agency, you will need 3 additional licenses from the department of DTCM. Here are the details;
- Outbound operator license
- Inbound operator license
- Travel agent license
You will also need a proper business plan and a NOC from the Civil Aviation Authority. You will also require this if you want to sell the air tickets. The license needs to be renewed every year. You have to get it renewed 30 days before its expiration dates come.
This is needed if you plan to sell airline tickets. Licenses should also be renewed yearly, at least 30 days before expiration.
Get You Staff Employee Visa
If you are hiring foreigners in your company, you will also have to get an employee’s entrée visa. The process will take a maximum of 30 days. You can also apply for an employment visa online. You would require the following documents:
- Trade license
- Passport copies
- The GDRFA issues the establishment card of the company (General Directorate of Residency and Foreigners Affairs.
You have to Open a Corporate Bank Account
One of the most important things to do is open up a corporate bank account for your company. You can choose a bank of your choice. All banks’ minimum balance requirements vary from 5000 AED to 1 million AED. You can not apply for a corporate bank account if you don’t have a trade license. This will also require some proof of permanent residency.
Set Up a Budget
One of the most important things to do before opening a company is to set up a budget. Because at the start you don’t know about the travel agency set up cost. So, you can determine that you have to spend a specific amount, not more than that. And then divide that cost into subgroups. For instance, one category goes for the financial department and one goes for the advertisement department.
Get an Online Presence
In these days of advanced technology, every single company and brand has an online presence. So, if you want to make your business boom then you have to make an online presence as well. You need to get an online website of your company with all the details of the services you will be providing. Then you have to make sure that you are promoting your business on all social platforms. It will help you to gain enough acknowledgment and more people will know about your company.
Launch Your Company With Great Marketing
If you want a great start, then you have to make sure that you host an excellent launch ceremony. You can use various tricks like distributing brochures to the guests at the party.
Wrapping It Up!
By organizing wisely, and following the tricks as mentioned earlier and tips, you can Open a Travel Agency in Dubai Pretty Easily. You have to ensure that you don’t miss out a single detail and then you will be good to go.