What is a Holiday Home Company, and What are its Benefits?
According to the Department of Economic Development (DED) in the UAE, a holiday home company is a business that offers well-furnished
accommodations for rent to tourists and vacationers on a daily, weekly, or monthly basis.
For this business, the company should have a business license that allows them to offer its properties for rent. As people love to go to the UAE for holidays, many vacation home companies are now opening in the UAE.
Apart from this, starting a Dubai vacation home rental gives you a lot of benefits. UAE has a low tax system, which is 0% on all personal and corporate income. Moreover, as the UAE is one of the most popular countries for traveling, the tourism market will never decrease. Thus, tourism is the most profitable business.