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  FREE ZONES IN UAE > Dubai Cars & Automotive Free Zone
DUBAI CARS & AUTOMOTIVE FREE ZONE
 

Dubai Cars and Automotive Zone is located in Ras Al Khor, Dubai. The total size of the zone is 8 million. Sq. Ft. It was established with the objective of re-exporting used cars to Sian & African markets. DUCAMZ offers unique benefits for businessmen in the used cars industry who set up an establishment and this is applicable to individuals or non-individuals (Joint ventures, Partnerships, etc.) from any country.

The Free Zone Company (FZCO) can be formed with Multi Shareholding partners and there is no obligation to take on local partners. Its affairs are completely separate from those its partners with a paid minimum 100,000 (US 27,000) as share capital. Minimum shareholders is two and with a maximum of five.

Competitive Advantages:
Attractive working environment
Access to a market of over 2 billion people
Modern efficient communications
No currency restriction
Competitive freight charges
No restrictions on maximum import of automobiles.
Hassle free clearance from: Police (traffic department), Customs, Port and Bank
Transfer of ownership within the zone.

Facilities offered
Office Units (for service activity only)
(17 sq. meters)

Warehouse/Workshop (334 sq. meters)

Open showroom
(Office + open area)
(Office 42 sq. meters, Open area 1000 sq. m)
Rental Per Annum
20 sq. meters US$ 327 (AED 1200/m2)
20 is negotiable
US$ 13624 (AED 50,000)
US$ 9,673
(AED 35,500)
Lease period
One Year, annually renewable
One Year, annually renewable
One Year, annually renewable
Types of Establishments
which can be formed
Branch of a foreign company
(Including Offshore Company
Branch of UAE company
Free Zone
Ducamz
(FZD)
Types of licences issued
Trading License
   
Licence Fee
AED 5,500
   
Activities Allowed
Trading in cars
   
Ownership
100%
   
Company Formation period
10 – 20 days
   


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