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How to open a yacht charter company in Dubai, UAE

How to open a yacht charter company in Dubai, UAE

A stunning coastline with crystal clear waters, a favourable climate all year round, a luxurious lifestyle and a constant influx of tourists — all this perfectly describes the United Arab Emirates. In this regard, there is a great opportunity for investors and entrepreneurs to start a business in the field of water entertainment. One of the most popular is yacht charter for sailing.

According to the legislation, corporate yachts can be divided into motorised and non-motorised vessels. Motorised — are divided into personal watercraft and similar vessels, as well as vessels up to 12 m in length, 12 m to 24 m in length and over 24 m in height. Non-motorised vessels include sailing, rowing and other similar vessels. The main differences are the technical requirements for the different types of watercraft and the registration fees.

Before you get started, conduct thorough market research. Analyse the demand for yacht charter in Dubai, identify your target audience (tourists, locals or corporate clients) and draw up a detailed business plan outlining your goals, strategies and financial projections. It is crucial to select a team of certified professionals — crew members. Compliance with all requirements will be checked by the regulatory body — Dubai Maritime City Authority.

Having chosen the types of activities of the future company, it is worth deciding on the place of registration and the legal form of business. It is necessary to reserve a company name at the Department of Economy. We recommend selecting several options, as there are a number of requirements for the names of organisations. The full package of documents is submitted to the regulatory body to obtain a licence. After passing the swimming and safety inspections, the organisation can start work.

The founder can get a visa for investing in the business and start the process of opening a corporate account. Before hiring employees, the company must be registered with the Ministry of Labour.

Each stage can be fraught with a variety of challenges. You can get prompt help and support from Makebiz specialists. Experienced lawyers will provide support at every stage and help you obtain all the necessary permits for a successful business start-up. Sign up for a free consultation and find out how to start a yacht charter company in Dubai.

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