Dubai Aviation City
Dubai Aviation City Corporation, Dubai
Description
Dubai Aviation City is a specialized free zone within Dubai South, focusing on the aviation and aerospace sectors. It provides state-of-the-art infrastructure, including maintenance, repair, and overhaul (MRO) facilities, as well as spaces for aviation support services.
| Emirate | Dubai |
| Website | https://www.dubaisouth.ae/en/work/freezone |
| Contact Email | info@dubaisouth.ae |
| Contact Info |
Phone: +971 4 814 1111
Address: P.O. Box 282228, Dubai, UAE
|
| Year Established | 2006 |
| License Types | Industrial License, Logistics License, Trading & General Trading License, Service License, Education License |
| License Cost | License costs vary depending on the type and scope of business activities. |
| Formation Cost | Formation costs depend on the chosen business package and facilities. |
| Minimum Capital Requirement | AED 300,000.00 - The minimum share capital requirement is AED 300,000. Depositing this amount into a bank account is not required. |
| Allowed Business Activities | Aircraft Maintenance, Aerospace Manufacturing, Aviation Training, Logistics, Consultancy Services |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZCO), Branch of a Foreign Company |
| Restricted Activities | Activities conflicting with UAE laws and Islamic morals |
| Investor Visa Cost | Visa costs depend on the business package and number of visas required. |
| Employee Visa Cost | Employee visa costs vary based on the company's requirements and the number of visas. |
| Processing Time (Days) | Processing times vary depending on the business setup package and compliance with requirements. |
| Physical Office Required | Yes |
| Office Space Options | Flexi-desk, Serviced Offices, Industrial Units |
| Office Space Cost | Office space costs depend on the type and size of the facility chosen. |
| Virtual Office Available | No |
| Bank Account Assistance | Yes |
| Bank Account Cost | Assistance with bank account opening is provided; costs vary by bank and account type. |
| Partner Banks | Emirates NBD, Mashreq Bank, RAKBANK |
| Governing Laws | Subject to UAE federal laws and regulations. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | Renewal fees vary based on the license type and business activities. |
| Business Restrictions | Prohibited from engaging in activities outside the scope of licensed operations. |
| Ownership Structure | 100% foreign ownership allowed. |
| Import/Export Restrictions | No No restrictions; businesses benefit from 100% import and export tax exemption. |
| Benefits | Strategic location near Al Maktoum International Airport, 100% repatriation of capital and profits, No currency restrictions, Modern infrastructure and facilities |
| Drawbacks | Physical office space is mandatory; no virtual office options. |
| Specific Compliance Requirements | Compliance with UAE labor laws, Adherence to Dubai Aviation City regulations and guidelines |
