The Dubai cars and auto motive Zone (DUCAMZ) was established in April 2000, with the objective of re- exporting used cars to the Asian & African markets.
From DUCAMZ UAE vehicles can be reloaded on to feeder vessels for easy transport via modern network of highway linking all the neighboring countries in the Middle East and beyond. DUCAMZ is open to all businesses which are involved in the used car industry. It provides companies with all assistance required, including: licensing, administration services customs and clearing etc., for those establishing their operation within the free zone.
Dubai Cars & Automotive Zone is located in Ras Al Khor, Dubai, UAE. Easy access to all airports and seaports in the region and from here, the automobile is reloaded onto feeder vessels, or on to trucks which travel throughout the region on a modern network of highways, linking all the neighboring countries in the Middle East and beyond.
Type of license:
- Service license
- Trading license
Type of activity:
The only activities permitted in DUCAMZ in Dubai are those involving automotive trading, sales and some services-such as insurance banking, repair and maintenance of auto mobiles, etc., most of DUCAMZ based companies fall under the activity heading of trading and involve the import export of auto mobiles to the from the UAE.
- 100% foreign ownership
- No import/export duties
- No restrictions on maximum import of automobiles
- No personal income and capital taxes
- No corporate taxes for 50 years – a concession that is renewable
- 100% repatriation of capital and profits
- No currency restrictions