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.
Dubai Cars and Automative Zone is located in Ras Al Khor, Dubai . It was esbalished in April 2000. It is only 10 Kms away from Dubai Internatioanl Airport . The total size of the zone is 8000,000 sq. feet.
DUCAMZ is considered to be the largest in the world of its kind and is situated at Ras AL Khor occupying an area of 8 million square feet. DUCAMZ has started its commercial activities supplying the Asia, Africa and European markets with right hand driven cars.
• 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 Workshop & Restaurants
• NO import/export duties.
• Transfer of ownership within the zone.