The United Arab Emirates is witnessing an increase in the number of footfalls, making setting up a travel and tourism one of the best decision an entrepreneur can make. The Emirate of Fujairah is geographically very diverse. This emirate consists of both a coast line and hilly terrain which enhances the scenic beauty makes it perfect for adventure tourism. Seeing the many benefits of setting up a business in travel and tourism industry, the government of Fujairah has also taken steps which will provide huge benefits to the various businessmen and entrepreneurs.
State of Tourism in Fujairah
There has been a tremendous growth in the travel and tourism industry in the Emirate of Fujairah in the past few years. This is because of the many technological advancements and the increasing globalization and improvements in the economic and social activities around the world. Due to the various steps taken by the government, the emirate is witnessing an overall growth of the country. The development of the highways has greatly increased the ease of transportation of both any products or people.
The emirate of Fujairah is considered as a very important destination for architecture enthusiasts. The emirate is also the home of the Al Bidya Mosque which is considered as one of the oldest place of worship in the UAE. The location of the emirate, which is in the eastern part of the country, helps in keeping the climate of the are to a moderate position in comparison to Dubai or Abu Dhabi. The calming ambience of Fujairah is one of the main reason due to which many of the people tend to visit this Emirate.
Fujairah consists of various geographical attractions such as mountains, valleys, sandy beaches oases etc. it also has many waterfalls and several hot cold and minerals springs, making it the perfect destination for travel and tourism.
Legal Process of Incorporating Tourism Business
In order to start a tourism business in Fujairah, you need to follow certain steps so that you can register and commence your business easily. The steps to incorporate and commence a tourism business are as follows:
1)Get the Proper License
It is very important for you to obtain the correct kind of tourism license. There are four different kinds of tourism related licenses:
- Travel Company License
- Travel Agency license
- Inbound Travel Operator License
- Outbound Travel Operator License
Depositing 100,000 Dirhams to the Dubai Department of Tourism and Commerce Marketing is a primary and one of the most important steps that you need to take in the process to set up a business.
It will be also required of you to submit specific documents to the relevant authority such as:
- The application form
- Copies of the passport of both the applicants and the manager
- A copy of the family records (also known as Khulasat Al Qaid)
- Copy of the identification documents of both the managers and the employees
- An NOC from the concerned authority
A license will help in deciding which type of tourism company you will establish and which are the activities that will be allowed for the company.
2)Conduct Marketing and Branding of the Company
Gone are the days when only providing a service was considered as the most crucial thing. The increasing competition in the market and the increasing globalization is the reason that there are almost no limit or boundaries to the places that a company can serve. This has created a very urgent need for proper marketing and branding of a company.
Be it making a website or printing flyers and providing ads, it is very important for a company to make itself known in the market. Until and unless a person knows that your company exists in the market, he or she will not avail your services and will go to your competitors.
3)Prepare the Right Budget
A budget will allow the management of the company to understand that how much funds the department is authorized and the particular department can plan the future activities accordingly. The preparation of a budget will keep the business activities in check and will also help in controlling the expenses of the business.
With the increase in the number of conferences and seminars being conducted in the Middle East and also the upcoming WORLD EXPO 2020, travel and tourism business is a viable and profitable option for businessmen and entrepreneurs all over the world. If you are looking to incorporate a travel and tourism business in UAE and want to do it right, you should definitely obtain the services of a business setup consulting firm. One such business setup firm in the UAE is Commitbiz.
At “Commitbiz”, we understand the problem faced by your company and then provide a solution especially customized for your company. We also provide various other services, apart from business setup services such as Asset Management services, Vat and Tax calculation, Intellectual Property services etc. For more details, contact us – we’d be happy to help.