Prime Tower, Office# 2707, Business Bay, Dubai, UAE
Distributors, manufacturers, maintenance, repairs and overhaul organizations, always search and buy aircraft parts and components. They strive to promote their services and try to make new business connections. Being different from other competing platforms Dubai is one of the emerging market providing extraordinary functionality and multilingual approach. The growing demand in different regions forces aircraft part suppliers to have different distribution channels and Dubai is the gateway between west and the east due to its geographical importance, so there is best possibility to thrive well in Dubai. Aviation spare parts buying and selling can be done easily from Dubai, thousands of parts are available in the market what is required to make a new plane.
The International Air Transport Association (Iata) in a studied projection said the UAE's aviation sector would grow 170 per cent, support 1.4 million jobs and contribute $128 billion to the nation's economy by 2037. In its latest study on the importance of air transport to the UAE, the Montreal-based organisation said the domestic aviation industry at present supports nearly 800,000 jobs and contributes $47.4 billion to the economy, accounting for 13.3 per cent of the UAE's GDP. The past 10 years were marked by key milestones for the UAE aviation in terms of fast expansion of airlines' network, fleet, crew and infrastructure, as well as the presence in the international markets. Today the UAE is ranked No.1 globally for air trade facilitation, tops the Middle East region for visa openness, is an aviation powerhouse and its airlines carry the country's flag to all corners of the globe. To maintain the country's competitiveness as a leading global aviation hub, sufficient air space capacity to meet demand, infrastructure investments aligned to growth and rapid implementation of new technology are essential.
from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>