Dubai Cars and Automotive Free Zone
Dubai Car and Automotive City Free Zone (DUCAMZ) was formed in 2000 with the objective to re-export used cards to Africa and Asia’s markets. DUCAMZ is maintained by Jebel Ali Free Zone Authority (JAFZA) and is located at Ras Al Khor area of Dubai and is close to both the Dubai International Airport and Jebel Ali Port. It also has easy access to the well-developed, modern highways that connect to the Middle East countries. The total size is 8 million sq. ft. and is considered to be the biggest free zone of its category. This zone enjoys easy access to the African, Middle East, and Asian markets.
The zone already comprises several local and international companies, such as Al Habib Motors, Legend Motors, Boeing International Corporation, and Emirates Post, to name a few. There are also relevant authorities like Custom Inspection, Dubai Ports Documentation, and shipping agencies in the free zone. All amenities are available in DUCAMZ to cope with the high demands of the automotive industry.
Benefits of company setup in Dubai Car and Automotive City Free Zone
- Total foreign ownership is permitted
- Capital and profits can be repatriated fully
- You can import any number of cars
- Freight charges are economical
- You are exempted from corporate and personal tax for 50 years
- Ready skilled labor is available
- Excellent communication systems
- Ownership can be transferred within the zone
- The environment is conducive for business
- No restrictions on currency
- Easy clearance from the traffic department, police, port, customs, and bank
- Good facilities and support by Dubai Ports Authority and institutions like banking, shipping, insurance, restaurants, and automobile workshops
- Access to international markets
- Hire foreign employees without restrictions
Company Formation in Dubai Car and Automotive City Free Zone
- Free Zone Company (FZCO)
Types of business licenses available for companies formed in Dubai Logistics City
- Trade license: It is required to trade and sell vehicles
Nasiha acts as a catalyst in setting up your business in Dubai Car and Automotive City Free Zone. We have skilled and experienced experts in our team who will tackle all the legal procedures for company formation in Dubai. We will help you with all processes like documentation, acquiring offices, opening bank accounts, obtaining licenses, visa processing, and registration. You can get in touch with our team and will provide all the support needed to grow your business locally and globally.
AZIZ
DIRECTOR OF COMPLIANCE AT TABARAK INVESTMENT BANK
Tabarak had the pleasure and professionalism to receive services provided by Nasiha. Very professional, great experience and highly recommended.