Start Your Business in the Successful Hospitality Industry in Dubai Today!
The United Arab Emirates was once based on an economy made upon oil and hydrocarbon, but not anymore. The hospitality industry is soaring since Dubai has become a leader in travel and tourism.
If you’re looking to make your mark in the hospitality industry in Dubai, the time is now! Dubai offers a strategic location for international business with world-class infrastructure, and a government that has made initiatives to help boost the hospitality industry in the country.
The experts at MSZ Consultancy are the leading hospitality consultants in Dubai. Let us help make your business dream become a reality!
The Future of the Hospitality Industry in GCC
When we said the hospitality industry is soaring, we meant it! A lot of the success is due to the government’s initiatives and increased spending that has helped attract tourists from around the world. But it’s not just Dubai that has seen a surge in hospitality, the entire GCC has seen these numbers grow.
The anticipation of big events like The World Expo 2020 in Dubai and the FIFA World Cup 2022 in Qatar has increased the need for tourist destinations and hotel rooms. The governments of the GCC counties are working hard to build airports, hotels, and keep the infrastructure strong enough to handle the increasing passengers.
The GCC is working together to make positive changes that will benefit the hospitality industry and keep travelers coming back!
The Current State of the Hospitality Industry in the UAE
The hospitality industry in the UAE is crucial to the economy. The industry is the leader for employment in the country. Not only does the hospitality industry help the economy by adding jobs, but it is also helping to bring in new funds as well.
And there are absolutely no signs of the industry slowing down. Dubai is considered the heart of the tourism industry, with more than 20 million tourists that visit the city each year. The industry has also shown tremendous growth across the entire UAE, and the numbers are pretty impressive: Abu Dhabi sees around 3 million tourists a year and is home to over 166 hotels, with 36 more in the works. Sharjah and Fujairah have also seen an increase in guests on hotel properties.
How Can I Start a Hospitality Business in Dubai?
Setting up a hotel business in Dubai is a pretty simple and easy process. The Department of Economic Development (DED) will handle the registration.
Here’s what you’ll need to do to get started:
Apply for your license
A hotel will need to acquire a Tourism License.
Appoint a manager
Your manager will play a key role in your business, so make sure they have the relevant qualifications and certifications for the position.
Give required documents to the DED for initial approval
- Application from the DED
- Copies of:
- Passports and ID from the applicants
- Manager’s passport
- Manager’s educational certifications
- Blueprints, plot maps, and building certificates for the hotel’s property
- Classification card for the hotel business
- Approval from Dubai general police headquarters
- Approved Certificate of Conduct from the Department of Tourism and Commerce Marketing (DTCM)
Why Has the Hospitality Sector in the UAE Grown?
There are so many reasons to take part in the UAE’s flourishing hospitality industry.
Here are several reasons tourists are drawn to this area and why the industry has seen so much growth:
Strategic location
The UAE’s accessibility is a big reason for the growing hospitality industry. The country is surrounded by Europe, Africa, and Asia. Not to mention, a third of the world is just a 4-hour flight away from the country. So, it’s an easy trip from just about anywhere in the world.
A Destination of Many Reasons
Sure, people from all over the world want to travel to the UAE for the tourist sights and attractions, but that’s not all. The UAE has also become a place for people to setup their businesses, a travel destination for religious and cultural reasons, and even a destination for medical purposes.
Shopping and Sporting Events
The country is also known around the world as a shopping and sporting destination. The Mall of Emirates is the best of both worlds. The landmark mall has an indoor ski resort inside as well as a movie theatre and retail outlets. There’s also the Dubai Shopping Festival that attracts shoppers from around the world.
As far as sporting events go, there are several that are a huge draw for tourists, like the Mubadala World Tennis Championship, the Formula One Etihad Abu Dhabi Grand Prix, and The Special Olympics.
Entertainment and Recreation
Adventure lovers won’t run out of things to do in the UAE. There’s camel riding, ski diving, desert expeditions, zip lines, and world-class golfing.
There are also theme parks and resorts that offer fun for the entire family, like Legoland Dubai, IMG Worlds of Adventure, and more!
Health Tourism
Did you know that the United Arab Emirates is one of the top 20 medical tourism destinations in the world? The healthcare industry is made up of 40,000 healthcare professionals with more than 4,000 medical facilities for patients to choose from. Health tourism is so popular in the country, there’s even a Free Zone dedicated to it called the Dubai Healthcare City.
Dubai World Expo 2020
This six-month expo is expected to attract around 25 million visitors to Dubai. The expo is also expected to create more than 300,000 jobs which are mainly in the tourism and hospitality sector.
Rules & Regulations for a Hospitality Businesses in Dubai
The Department of Tourism and Commerce Marketing (DTCM) Dubai has been put into place to oversee the hospitality industry in Dubai. To have a hospitality business in Dubai, there are 5 rules and regulations that the DTCM has put into place that you must follow:
In order to get your business license, you will need a bank guarantee. There is a minimum size of 30 square meters required for hotel rooms. Prices must be clearly and correctly displayed throughout the business. A system has to be in place that will securely store the guest’s data. The owner or the manager must have a Certificate of Good Conduct.
Start Your Business Today with the Help of the Experts at MSZ Consultancy
There’s no better time than now to get involved in the hospitality industry in Dubai. The industry is constantly growing and expanding. Let us help you take part in this thriving economy. At MSZ Consultancy, we have over 12 years of experience in helping entrepreneurs like you get their company up and running. Let us guide you through the process so you can quickly get your business going. Call us today at +971 52 544 1248 for a FREE consultation on how we can make your business dreams become a reality.
WHAT WE DO?
You come to us with a business idea, and we will help make it happen! We will help you form your company from scratch and give you the financial advice, legal suggestions, and other tools that you need along the way to become self-reliant.
HOW DO WE HELP?
We are a team of business setup consultants, lawyers, and PRO executives that can help with all aspects of company setup. Not only do we help with registering your business, but we have an expert staff that can assist you with paperwork, legal advice, and financial expertise.
WHY CHOOSE US?
Choose MSZ Consultancy because we truly care about our clients. We provide the best customer service in the industry and offer valuable insights along the way that will help you throughout your entire business journey. We are easily approachable, constantly looking for innovative strategies, and tailor our services to fit your exact needs.
All Your Business Solutions in One Place
At MSZ Consultancy, we understand that running a business is time-consuming. That’s why we offer corporate business solutions to keep your company running smoothly. We are the one and only stop that you need to make for all your business needs.
Trade License
You will need a trade license for your business to be legal. We can help guide you through the entire process to make sure you have the proper paperwork and completed all the required procedures to quickly get your license.
E Trader License
If you want to run your business from your home and sell your products on social media, then you will need an E trader license. We make sure you don’t have any issues going through the entire process so you can get your E trader license issued without any hassles.
Local Sponsorship
If you’re a foreign entrepreneur, then you will need a local sponsor. We have access to the most reliable and trustworthy local residents who can be local sponsors and own 51% of your business.
PRO Services
Our Public Relations Officer (PRO) services help with the paperwork that’s required by the Department of Economic Development (DED). Let us handle license renewals, visas, labor contracts, and other legal paperwork so you can focus on the core of your business.
Bank Account Assistance
If you have a business in the UAE, then you’ll want to have a corporate bank account to secure your monetary assets. We can help you handle opening a bank account and make sure there aren’t any delays along the way.
Product Registration
If you plan on manufacturing and distributing products in Dubai, then you will need to get them registered before they can be sold. We are very familiar with the registration process and will help you quickly get your products registered and ready for business.
Business Centers
Finding a location for your business can be overwhelming if you aren’t familiar with the area. We have Business Centers located in strategic locations throughout Dubai. We can easily help you find the perfect spot for your company to call home.
Company Liquidation
There are several legal procedures that you will have to go through if you decide to end your company. Our legal experts can help you handle canceling your business name, employee payments, cancellation of taxation registration, and more.
