How to set up a business in Dubai's successful Global Village

23-07-23

Global Village, one of Dubai's premier family leisure destinations, presents an attractive opportunity for investors and entrepreneurs interested in establishing their businesses here.

Unlike the usual process for doing business in Dubai, Global Village does not require a business licence to operate. Instead, it operates on a 6-month leasing basis, coinciding with the duration of the Global Village season, which runs from mid-October to approximately mid-April. 

These leasing contracts are renewed annually and are considered investments, as over the past few years, businesses have exceeded profit expectations due to the success of each Global Village season.

The process to participate in Global Village begins with registration on its online platform, where you must complete a form providing detailed information about the type of business you wish to set up, either inside the pavilions (Global Village is made up of pavilions) or outside them. You must also specify whether you are a restaurant, café, clothing shop or other type of business, along with any other relevant details requested by Global Village.

Once registered, the Global Village team will work directly with the interested party to agree the terms of the lease. The cost of the lease will depend on a number of factors, such as the specific season, the conditions required to develop the business and the location within the complex.

Global Village offers numerous advantages to its investors, providing visa services, insurance and storage facilities. It also provides support in customs procedures for imported products, and has a specialised team that simplifies registration with the Federal Tax Authority (FTA) and the acquisition of electronic payment terminals. In addition, its new "GV Partners App" further streamlines the business process for Global Village partners.

In summary, Global Village presents itself as an attractive and facilitating environment for entrepreneurs and business people wishing to take advantage of business opportunities in this exciting leisure destination in Dubai.

Author: María Lorenza Cremaschi. El Correo del Golfo