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The Holiday Home Business sector is a dynamic industry that thrives on delivering exceptional guest experiences. With a vacation rental business license obtained from Meydan Free Zone, you can offer short-term accommodations to visitors, usually daily or weekly. However, it’s essential to remember that this business should be conducted outside of the UAE, despite the licenses being issued from Dubai.
Holiday Home Business licenses from Meydan Free Zone offer numerous benefits to entrepreneurs entering the industry. With minimal paperwork and swift approval, Meydan Free Zone simplifies establishing a holiday home business so you can get up and running quickly and concentrate on growing your business.
As a vacation rental business owner, you can provide comfortable and convenient accommodations to guests, ranging from furnished rooms and suites to fully equipped self-contained units with kitchens. In addition, you can offer a comprehensive range of services and amenities to stand out from competitors and cultivate a loyal customer base. For example, you can enhance your guests’ experience by providing additional services such as dining options, parking facilities, laundry services, swimming pools, fitness centers, recreational activities, and conference facilities. Furthermore, you can provide transportation services, including airport transfers or a shuttle bus service to nearby tourist attractions, to further cater to your guests’ needs.
Your license also includes the offering of temporary lodging services offered by various establishments such as hotels, resort hotels, suite/apartment hotels, motels, motor hotels, guesthouses, pensions, bed and breakfast units, visitor flats and bungalows, time-share units, holiday homes, chalets, housekeeping cottages and cabins, youth hostels, and mountain refuges.
Meydan Free Zone offers a business license for the following Holiday Home Business activity exclusively for operations outside the UAE:
Apply for a commercial license under Short Term Accommodation Activities and choose Vacation Homes Rental with activity code 5510.98.
With your business license, you can provide short-term accommodation provided by hotels, resort hotels, suite/apartment hotels, motels, motor hotels, guesthouses, pensions, bed and breakfast units, visitor flats and bungalows, time-share units, holiday homes, chalets, housekeeping cottages and cabins, youth hostels, and mountain refuges.
You can provide rental accommodation primarily to visitors who stay for a limited period, such as daily or weekly. This activity is only allowed outside of the UAE. You can rent furnished guest rooms, suites, and fully self-contained units with your Vacation Homes Rental license. Periodically or daily, it may be necessary to perform housekeeping services. Additional services you can offer include food and beverage services, parking, laundry, recreational facilities, and swimming pools.
Also included are short-term accommodations offered by various establishments such as hotels, resort hotels, motels, guesthouses, bed and breakfast units, visitor flats and bungalows, time-share units, holiday homes, chalets, housekeeping cottages and cabins, youth hostels, and mountain retreats or vacation houses.
It is not permitted to conduct this activity within the UAE. Furthermore, this activity does not include renting out furnished or unfurnished apartments, homes, or flats for a long term, such as on a monthly or annual basis. Likewise, it excludes offering property appraisals, buying or selling real estate, renting real estate, and acting as an escrow agent.
Vacation Homes Rental activities do not require third-party approval.
Engaging in the Vacation Homes Rental business is not subject to regulatory obligations such as Ultimate Beneficial Owner (UBO) or Economic Substance Regulations (ESR).
Anti-Money Laundering (AML) regulations do not apply to Vacation Homes Rental. Anti-Money Laundering compliance refers to the set of regulations, policies, and procedures that organizations must follow to detect and prevent money laundering and financing illegal activities.
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