Dubai Auto Zone (DAZ)
Dubai Auto Zone (DAZ) is an automobile industry hub established in 2000 with the goal of facilitating the export of used vehicles to Asia and Africa – particularly to the Middle East and North Africa regions. This free zone serves as a marketplace and accommodates the needs of all the parties of the car import/export business, from car manufacturers and their authorized representatives to those engaged in the purchase and sale of cars, as well as logistics, trading, maintenance, and other services.
Formerly known as Dubai Cars & Automotive Zone (DUCAMZ), Dubai Auto Zone is part of DP World UAE, which is the Dubai-based headquarter division of DP World, a global-scale logistics and port operator. DAZ is run under the management of JAFZA (Jebel Ali Free Zone), DP World’s flagship free zone, and enjoys the same logistical advantages such as close proximity to Dubai seaports and air harbors.
DAZ is located in Ras Al Khor, Dubai. It is the world’s largest free zone catering exclusively to the car industry. Its territory is divided into several market-specific sections, such as the GCC (Gulf Cooperation Council) zone, a retail zone dedicated to the local market, and a special section aimed at attracting Foreign Direct Investments (FDI).
There are over 400 international companies operating in Dubai Auto Zone, including Boeing International Corporation, Emirates Post, and Aramex. The free zone features world-known automobile brands and provides the full spectrum of car-related services, from licensing and customs clearance to retail and shipping.
DUBAI AUTO ZONE FACILITIES
Dubai Auto Zone covers an area of approximately 100 hectares. It features an array of customizable facilities for all types of car-related activities for sale and rent, including:
- Freehold land lots
All the premises are available in various sizes and layouts. For example, warehouse options include 3,000 sq. ft, 6,000 sq. ft, or even an 11,500 sq. ft combination of a warehouse and a land lot. The free zone hosts branches of government agencies such as Dubai Customs and Dubai Ports Authority. In addition, DAZ offers a range of services including insurance, banking, logistics, car maintenance, and dining.
DUBAI AUTO ZONE COMPANY TYPES
DAZ offers several available formation types for establishing a business depending on the preferred number of shareholders and business activities. These company formation options are not subject to any restrictions on foreign ownership.
The company formation types are:
- FZE (Free Zone Establishment) – an LLC with a single shareholder who can be either an individual or non-individual (company).
- FCZO (Free Zone Company) – a free zone LLC formed by multiple shareholders which may include both individuals and non-individuals (companies).
- Branch – a branch opened by a parent company within DAZ with 100% ownership by the parent company and subject to its name and activities. Parent companies can be both foreign and UAE-based.
DUBAI AUTO ZONE COMPANY SETUP
The procedure of setting up a business in DAZ is also administered by JAFZA. The process can be launched without your personal presence, but you will need to visit the free zone once your company’s documents are generated.
The list of necessary documents for Dubai Auto Zone company registration will vary depending on the company type, license, and business activities you choose, so it is advisable to consult with specialists in this field to guide you through this process. The basic requirements are as follows:
- Application form
- Business plan
- Company name registration certificate
- Memorandum of Association (MOA)
- Passport copy
- NOC from a sponsor for UAE visa holders
- Business activity list
The estimated timeframe of Dubai Auto Zone company formation can vary from 5 to 6 weeks – this includes securing a license from the free zone authorities and company registration. Setting up your business also requires having a lease agreement in due time. Obtaining an immigration card and a visa may each take additional 7-10 workdays.