Prime Tower, Office# 2707, Business Bay, Dubai, UAE
The UAE is a dynamic market for car rentals, with both residents and tourists renting cars a great deal. The industry is growing at a compound annual growth rate of 11 per cent.
One of the best things about renting a car is how convenient it is. All you need is a valid driving license and a valid ID (passport / ID / GCC ID) to be eligible to rent any car. Tourists, visitors as well as the UAE residents are eligible to rent a car in the UAE. The legal age limit is 21 years and above in the UAE to rent a car. You can also request doorstep delivery for the car at your preferred time.
If you're visiting the UAE on short-term visa or are here for a project, a rental car is no doubt the best way to be independent on the road. Besides, renting a car of your choice in the UAE provides a range of advantages over buying one. It's economical and hassle-free. Most car rental companies even provide free delivery and pick-up service. They come inclusive of standard mileage: 4,000km or above, which is enough for most users. Salik (toll) usage is billed at the end of the month. Maintenance and registration is taken care of by the company. In case of a breakdown or accident, you're provided a replacement vehicle till the time your car is fixed.
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>