After receiving the specific type of license for the entrepreneurial activity, the requirement for opening a travel startup or agency is quite simple. Apart from experienced professional in travel and tourism for running the operations, a travel license is mandatory. To obtain a travel license following are the prerequisites:
A lease contract and blueprint of the location where the travel agency/ company will operate.
Approval fee for the trade license
Approval for trade name
Insurance policy.
Most travel companies open their shop in Dubai or Abu Dhabi due to the location advantage. However, the cost of operation in these locations is higher than the other emirates. Positioning/ location of the startup/ company also matters to attract customers and increase visibility. It is advisable for the entrepreneur to consider the runway cost before deciding to put the company either in prime locations or other emirates.
Company Structure: The most common structure employed to set up a travel agency in UAE is the limited liability company. The other forms of company structure are incorporated in partnership with a resident (Emirati) or formed in one of the numerous free zones for full ownership.
Visit
www.ushinternational.com
A lease contract and blueprint of the location where the travel agency/ company will operate.
Approval fee for the trade license
Approval for trade name
Insurance policy.
Most travel companies open their shop in Dubai or Abu Dhabi due to the location advantage. However, the cost of operation in these locations is higher than the other emirates. Positioning/ location of the startup/ company also matters to attract customers and increase visibility. It is advisable for the entrepreneur to consider the runway cost before deciding to put the company either in prime locations or other emirates.
Company Structure: The most common structure employed to set up a travel agency in UAE is the limited liability company. The other forms of company structure are incorporated in partnership with a resident (Emirati) or formed in one of the numerous free zones for full ownership.
Visit
www.ushinternational.com
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