Dubai Automotive Industrial Zone Company Registration DAZIntroduction
Ras Al Khor Auto Market is located in Ras Al Khor Industrial Park, Dubai, with a superior geographical location and convenient transportation. The market is only about 20 minutes' drive from Academic City, International City and Dubai Silicon Oasis, making it an important automobile trading and maintenance center in the surrounding areas. Ras Al Khor Auto Market is mainly divided into two parts: the used car market and the automobile maintenance market. The used car market has hundreds of car showrooms, all of which have been licensed by the Dubai Municipality, ensuring the safety of people buying cars. The maintenance market provides one-stop services, including car repairs and maintenance. In addition, the market also deals in heavy trucks and industrial vehicle tires and accessories, and its main customer group is industrial users.
- Established: Established in 2000, formerly known as Dubai Cars & Automotive Zone (DUCAMZ).
- • Geographical location: Located in Ras Al Khor, Dubai, close to Jebel Ali Port and Dubai International Airport, with convenient transportation and excellent logistics and transportation conditions.
- • Management organization: Managed by Jebel Ali Free Zone Authority (JAFZA), it is part of DP World UAE, a global logistics and port operator.
Regional composition
- Free Zone: Aims to attract foreign direct investment in the automotive industry, providing an investment environment with tax incentives, policy conveniences and other advantages for international automotive companies. Companies settled in the zone can enjoy policies such as 100% foreign ownership.
- • Professional Economic Zone: Mainly targeting the Gulf Cooperation Council (GCC) market, it provides dedicated areas and services to meet the specific automotive market needs and business development in the region.
- • Retail Zone: Serving the local market, providing one-stop services such as car sales, after-sales services, and accessories purchases for local consumers in Dubai.
Facilities and Services
- Infrastructure: The district has a modern road network, storage facilities, office space, showrooms, etc., which can meet the needs of various automotive-related companies. For example, warehouses of different sizes and layouts are available, with a variety of options such as 3,000 square feet, 6,000 square feet and even 11,500 square feet of warehouses and plots.
- •Government services: There are branches of government agencies such as Dubai Customs and Dubai Ports Authority, providing companies with convenient one-stop services, including license processing, customs clearance, vehicle inspection and certification, etc.
- •Supporting services: It also provides a series of supporting services such as insurance, banking, logistics, car repair, catering, etc. to meet the daily needs of companies and employees.
Industry and Business
- Automobile trade: It is a distribution center for many internationally renowned automobile brands, covering the import, export and sales of various passenger cars, commercial vehicles, used cars, etc. It not only has close trade relations with markets in Asia, Africa and other regions, but is also an important hub for supplying automobiles to the Gulf Cooperation Council countries.
- • Automobile services: It provides a full range of automobile after-sales services, such as repairs, maintenance, and parts supply. At the same time, it also includes related service industries such as automobile finance, insurance, and logistics and transportation, forming a relatively complete automobile industry chain.
- • Automobile manufacturing and modification: Some companies carry out automobile manufacturing, assembly, and automobile modification in the zone to meet the personalized needs of different customers.
Enterprises and advantages
- Companies settled in: There are more than 400 international companies operating here, such as Boeing International, Emirates Post, Aramex, etc.
- • Advantages: 100% foreign ownership, 100% repatriation of capital and profits; no personal income tax; world-class infrastructure and efficient communication system; no currency restrictions; no import and export tariffs; highly competitive freight costs; no quantity restrictions on car imports; access to high-quality support services from the Dubai Ports Authority; free transfer of ownership within the zone, etc.
Settlement process
- Determine the company type and business activities: Choose the appropriate company type according to your needs, such as a free zone establishment company (FZE), a free zone company (FC ZO) or a branch, and determine the specific scope of business activities.
- • Prepare registration materials: Usually you need to provide an application form, a business plan, a company name registration certificate, company articles of association, a copy of your passport, a certificate of no criminal record, etc. The specific requirements may vary depending on the company type and business activities.
- • Submit the application and review: Submit the prepared registration materials to the Jebel Ali Free Zone Authority for review, which generally takes about 5 to 6 weeks.
- • Sign a lease agreement and obtain a license: After approval, the company needs to sign a lease agreement for office space, warehouse or exhibition hall, etc., and pay the corresponding fees to the Free Zone Authority, and then obtain a business license.