Dubai Cars And Automotive Freezone
The Dubai Car and Automotive City Free Zone was built in 2000 with the purpose of re-export used cars to the Asian, Middle East and African markets.
Today it has grown to become the largest free zone in the world dedicated to the automotive industry. It is located in Ras Al Khor under the authority of the Jebel Ali Free Zone and thus, DUCAMZ has access to all the Jebel Ali ports, easy access to all the airports and seaports in the region.
DUCAMZ houses renowned brands such as Al Tayer Motors, Luxury Motors Limited, Heewad Motors, Al Habib Motors and Al Meezan Motors. The free zone also provides additional benefits like: Offices spaces Warehouses Showrooms Workshops The vehicles in DUCAMZ are divided into two categories:
- Left-hand vehicles exported to the local markets in the UAE
- Right-handed vehicles exported to African countries mostly
Main Advantages Of Setting Up A Business In DUCAMZ:
- 100% ownership
- No tax and customs duty
- 100% free from corporate and income taxes
- Affordable freight charges
- Hassle free clearance from traffic police, customs, and ports
- Support from Dubai Ports Authority for shipping, insurance, banking, and automobile workshops
Licenses Available At DUCAMZ
Activities available in DUCAMZ are related to trading, selling, maintenance, and repairing of vehicles. Companies can also do activities such as insurance and banking. To do these activities, business owners or investors must apply for a trading license.
How To Set Up Business In DUCAMZ:
To set up a business in DUCAMZ, a company must have a minimum of 2 and a maximum of 5 shareholders. In order to start a business, one must have a valid license which is a trading license usually issued in a period of 2-4 weeks.
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