Across the globe, the UAE has come to be known as a hub for leisure and entertainment. Within this industry, amusement parks and theme parks play a significant role. The country’s strategic location, favorable climate, and government support have contributed to the rapid growth of this sector.
Currently, the UAE amusement park industry is booming, boasting world-class attractions and iconic destinations.The industry has diverse themes, catering to a wide range of interests, from Hollywood blockbusters to Bollywood films, superheroes, and even dinosaurs. Above all, the industry is constantly evolving to stay ahead of technological advancements using cutting-edge technology. This sector is strongly supported by the UAE government, with infrastructure development at the forefront.
The UAE’s amusement park industry remains a thriving sector, attracting millions of visitors each year, being a global leader in the entertainment industry. For an entrepreneur who wants to thrive in the industry, the time is ripe. Here are the two business activities you can choose under your business license to kickstart your business.
9321.00 – Activities of amusement parks and theme parks
Amusement parks and theme parks are primarily entertainment venues that generate revenue through a variety of business activities. Ticket sales can include general admission, season passes, or special event tickets. Along with this, food and beverage is a key activity from restaurants to vending machines. Merchandise sales, including souvenirs and licensed products, contribute significantly to revenue as well.
Games and attractions play a strong role, from shows and performances to coin-operated games with prize offerings. Many amusement parks and theme parks offer group booking packages and even corporate packages for events, conferences, and team-building activities. Maintenance and operation is a key activity, along with marketing and promotions to keep the park ahead of the curve.
Third-party Approval: Third-party approval from Security Industry Regulatory Agency (SIRA) is required for business activity 9321.00, prior to obtaining your trade license
Filing of Economic Substance Return: Business activity 9321.00 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 9321.00 is exempt from this requirement
9321.01 – Activities of amusement parks or theme parks, including the operation of a variety of attractions, such as mechanical rides, water rides, games, shows, theme exhibits and picnic grounds
This includes all operations that are required for the successful running of an amusement or theme park, including ticket sales, food and beverages, merchandise sale, games and attractions, and promotional marketing.
Along with these, this business activity enables an entrepreneur to operate a variety of attractions, such as mechanical rides, water rides, games, shows, theme exhibits and picnic grounds. Mechanical rides involve roller coasters, ferris wheels, carousels and swinging rides. Water rides, meanwhile, include water slides, wave pools., lazy rivers, and splash pads, amongst many others.
Games such as arcade games, skill games, and classic carnival games make an appearance here too. Shows can range from parades and live performances to character meet-and-greets. Interactive exhibits and themed sections of parks are exciting for customers as well. Along with this, almost all parks have outdoor spaces such as picnic grounds for visitors to enjoy and relax.
Third-party Approval: Third-party approval from Security Industry Regulatory Agency (SIRA) is required for business activity 9321.01, prior to obtaining your trade license
Filing of Economic Substance Return: Business activity 9321.01 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 9321.01 is exempt from this requirement
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