The United Arab Emirates has rapidly emerged as a global powerhouse in the sports industry. With its world-class infrastructure, favourable climate, and unwavering government support, the country has become a magnet for athletes, sports events, and businesses. The UAE’s thriving sports culture, fueled by a young and active population, coupled with its government’s significant investments in sports development, has created a conducive environment for entrepreneurs. The country boasts state-of-the-art stadiums, sports academies, and fitness centres, attracting top-tier athletes and events from around the world. Furthermore, the UAE’s strategic location makes it a convenient hub for international sports competitions and tourism.
For entrepreneurs looking to capitalise on the UAE’s passion for sports, the opportunities are vast. From organising and managing sporting events to operating and maintaining sports facilities, selling sports equipment and apparel, offering sports coaching and training services, or developing sports tourism packages, the possibilities are endless. If you want to set up a sports-related business in the UAE, this is the business activity you can choose under your business license.
9310.00 – Sports activities
This business can include the operation of sports facilities, activities of sports teams or clubs primarily participating in live sports events before a paying audience, independent athletes engaged in participating in live sporting or racing events before a paying audience, owners of racing participants such as cars, dogs, horses, etc. primarily engaged in entering them in racing events or other spectator sports events, sports trainers providing specialised services to support participants in sports events or competitions, operators of arenas and stadiums, and other activities of organising, promoting or managing sports events.
Third-party Approval: Third-party approval from the Sports and Youth Authority Sharjah is required for business activity 9310.00, prior to obtaining your business license
Filing of Economic Substance Return: Business activity 9101.00 is exempt from this requirement
Anti-Money Laundering Compliance: Business activity 9101.00 is exempt from this requirement
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