Dubai Car and Automotive City Free Zone
The vehicles sold by DUCAMZ are divided into 2 categories:
- Left-hand drive vehicles to be exported to the local markets and fall under the regulations of the UAE
- Right-hand drive vehicles dedicated to African countries mostly
Benefits of Setting Up a Business in DUCAMZ
Company Formation in DUCAMZ
Free Zone Company
One can choose to form a free zone company in DUCAMZ, which can have multiple shareholders with a minimum of 2 and maximum 5 as the limit. The minimum capital requirement is AED 100,000.
How to Set Up a Business in DUCAMZ?
The activities permitted for companies operating in the Dubai Cars and Automotive City Free Zone are related to trading and selling vehicles. In order to start a business in the DUCAMZ free zone, one must have a valid license, and to get the license, one has to apply for the same to the authorities. In DUCAMZ free zone, a valid trade license is a trading license which is issued within 2-4 weeks. There is a certain procedure to apply for a trade license to the authorities. It is as follows:
Why Set Up a Business in DUCAMZ?
Company formation in Dubai Cars and Automotive free zone provides an excellent network, not just through transportation but also in terms of channeling with other automobile industries. They have national and global companies set up in the free zone providing an advantage to the investors who are interested in the same field. DUCAMZ displays an array of renowned brands such as Al Tayer Motors, Luxury Motors Limited, Heewad Motors, Al Habib Motors, Al Meezan Motors, and other related enterprises. They also provide additional facilities along with the aforementioned benefits, like:
The important function of Dubai Car and Automobile City is to influence several automobile production companies to get into re-exporting, including buyers, sellers, traders, and more. Thus, if you are willing to create an enterprise in the automobile industry, DUCAMZ free zone is the right option for you.
Contact us to set up your business in Dubai Cars and Automotive free zone, our team will be glad to assist you!
UAE Corporate Services