Imagine operating a platform that smoothly connects individuals without having any actual goods, similar to what Bayut does for real estate or Airbnb does for vacation rentals. As the go-between, you facilitate transactions and collect fees under this business model. Sounds exciting, doesn’t it? Dubai provides the ideal setting to launch your portal business if this piques your interest in entrepreneurship. However, acquiring an Online Portal License is essential to conducting business lawfully.
Let’s examine what a portal business comprises, why Dubai is the best place to operate, how to obtain an online portal license, and how to turn this business concept into a profitable venture.
Portal companies function as virtual marketplaces that connect buyers and vendors. These companies operate as middlemen and make money through commissions, subscriptions, and other creative business models rather than selling goods or services directly.
For example, a vacation rental platform connects property owners with travelers. Owners list their properties, travelers book their stays, and the platform earns a commission on each transaction. Similarly, a real estate portal allows homeowners, agents, and developers to list properties, while prospective buyers or tenants browse and connect.
Due to its diversified population, strong infrastructure, and rising demand for digital solutions, Dubai offers enormous potential for portal firms.
Dubai’s status as a global business hub makes it an ideal location for portal businesses. Here are a few explanations:
Yes, you require an online portal license in Dubai if your company uses an online platform to connect buyers and sellers. The Dubai Economic Department (DED) states that companies who run websites that connect people to goods, services, or information are covered by this license.
Activity Description: Includes firms operating websites as portals to the internet, facilitating transactions between buyers and sellers without completing the final transaction themselves.
Setting up an online portal business in Dubai entails a basic process. Here’s a step-by-step guide:
After your license is granted, finish the last steps, such as creating a corporate bank account and registering for VAT and taxes, if necessary.
Working with knowledgeable business experts like OneClik Business Setup can help you expedite the process and guarantee that all legal criteria are met.
The potential for multiple revenue streams is one of the biggest benefits of portal businesses. Here are some well-known models:
By combining these models or adapting them to your target, you may maximize profitability.
For entrepreneurs looking to break into the digital industry, an internet portal firm in Dubai is a fantastic option. The Online Portal License is your secret to success, whether you’re using it for holiday rentals, real estate listings, or other cutting-edge platforms. Dubai offers the perfect setting for starting and expanding your business because of its advantageous location, strong infrastructure, and encouraging business community.
By following the proper procedures and adopting a solid business model, you can create a thriving portal business that not only connects people but also generates substantial revenue. Ready to turn your vision into reality? Dubai is waiting.
