Dubai Car & Automotive City Free Zone Company Formation : Located in Dubai’s Ras Al Khor region and set up in the year 2000, DUCAMZ covers an area of 8 million sq. ft. The objective behind its creation is to re-export used cars under JAFZA Authority to different African and Asian markets. Comprehensive infrastructure is offered by DUCAMZ to meet the growing demands of the automotive industry. It offers easy access to sea and airway transportation, competent and well connected highway routes and all mod cons that is essential for relocating cars outside and within the region. Wide range of popular cars is displayed like Luxury Motors Ltd., Al Tayers Motors, Heewad Motors, Al Meezan Motors, Al Habib Motors including other associated enterprises.

Business benefits of setting up a company within DUCAMZ:

• 100% foreign ownership;
• Attractive working environment;
• Access to a market of over 2 billion people;
• Modern efficient communications;
• No currency restriction;
• Competitive freight charges;
• No corporate taxes for 50 years – a concession that is renewable;
• No restrictions on maximum import of automobiles;
• Hassle free clearance from: Police (traffic department), Customs, Port and Bank;
• Excellent support services from Dubai Ports Authority & Other service institutions such as: Shipping, Insurance, Banking, Automobile Workshops & Restaurants;
• No import/export duties;
• Transfer of ownership within the zone.

Types of company formation within DUCAMZ:

• Free Zone Company (FZCO):
• The company can have multi-shareholders companies;
• Minimum 2 shareholders, maximum 5;
• No local partner required;
• Minimum capital requirement 100,000 AED.

DUCAMZ business facilities:

• Offices spaces;
• Warehouses;
• Showrooms;
• Workshops.