Dubai is one of the most important trading hubs in the Middle East and North Africa (MENA) region which is why it has some of the largest airports in the country completed by modern storage facilities. Tourism also plays an important role in the development of the aviation industry in Dubai, which is why if you are planning to open a company in Dubai in this sector, you will benefit from many advantages. However, before setting up the business, you must comply with the Dubai Company Law and the legislation related to the aviation sector.
Our company incorporation agents in Dubai can offer information on the laws related to opening a company in the aviation industry.
The Civil Aviation Law is the main act a company operating in this industry must comply with. However, there are other legal frameworks a Dubai aviation company must respect, among which the Civil Aircraft Registration Act which requires companies to register the planes and helicopters with the General Civil Aviation Authority (GCAA).
Apart from complying with the laws above, the Commercial Code provides for the company registration process in Dubai. Both local and foreign investors can open companies in the aviation sector in Dubai or in one of its free zones. They must prepare the incorporation documents and file them with the Department of Economic Development, based on which they will obtain the certificates of registration for their companies.
Our Dubai company formation agents can explain the type of structure one can use to set up a company in the aviation industry.
Once the business and the aircrafts are registered, the Dubai company must apply for several special licenses which will allow it to transport goods by air, to sell plane tickets in the case of companies offering civil air transportation services or even import and export licenses for the international transport of goods. Another important aspect to take into account are the licenses pilots must obtain in order to fly the aircrafts.
Foreign investors opening companies in the aviation industry in Dubai may also benefit from the provisions of UAE’s double taxation treaties with respect to the international transport of products by air.
For assistance in starting a business in the aviation sector, please feel free to contact our company registration consultants in Dubai.