Dubai Cars & Automotive Zone

The Dubai Cars & Automotive Zone is an extensive commercial area with special economic status, created for the maintenance and development of the national automotive industry. It is еру perfect international gateway for everybody who is connected with the trade of motor vehicles in any respect. Sellers and buyers, sales representatives and service providers - everyone will find the number of opportunities and prospects for his business.

Goals and structure of the Dubai Automotive Zone

The main objective of the establishing the Dubai Cars & Automotive Zone, as a jurisdiction for free economic trade, is the promotion of the development of the automotive sector of the national economics and involvement of foreign investment assets. The strategy of the development of the specialized area is aimed at financing and support of various segments of the national automotive industry, including direct investments in the development of the infrastructure of automotive industry.

Dubai Automotive Zone was founded in the beginning of year 2000 and originally served as the main platform for re-export of vehicles on the Asian and African markets. A favorable location of the zone in the immediate vicinity of the region's largest shipping and air ports became a key factor in ensuring the sustainability and inflow of   the investment assets of the area.

In addition to such international transport hubs as the Port of Jebel Ali and the Dubai international Airport, there is a great network of roads with the appropriate infrastructure that covers all countries of the Middle East.

The structural component of Automotive Zone is mixed. The specialized platforms for the implementation of international trade and trade zones for the selling of vehicles on the local market of the Emirates are available here.

Dubai Automotive zone: business advantages

Among the main incentives that attract new investors and vendors on the territory of the Automotive Zone,  the following advantages can be singled out:

• Strategically advantageous location;
• The possibility of 100% ownership of capital by foreign citizens;
• Zero rate of corporate taxation;
• The modern service concept;
• No state currency exchange regulation and restrictions on the withdrawal of investment assets and income;
• The opportunities for foreign labor force involvement, including highly qualified specialists;
• No state quotas on the import of motor vehicles;
• Exemption of companies from export and import customs duties;
• The opened and preferential access to the regional markets;
• Modern communications and established infrastructure;
• Relatively low cots of energy resources and transportation services;
• Parking and round the clock security of the premises and adjacent areas;
• The ideal working atmosphere and favorable business climate.

Services for entrepreneurs and investors

Companies which are registered in the free trade economic trade zone are provided with a full package of public services, which includes:

• Customs survey and clearance of vehicles;
• Issuing  of shipment documentation;
• Banking institutions;
• Insurance and currency exchange.

All economic activities related to motor vehicles and which are not contrary to laws are allowed on the territory of the Dubai Automotive Zone. It can be the sale of vehicles and the provision of professional services, insurance and lending, servicing and repair of motor vehicles.

In terms of re-export, the Dubai Automotive Zone is meant for various different target markets, including India, Pakistan, Afghanistan, Yemen and other countries of the African continent. Selling of used cars, trucks and agricultural vehicles, heavy vehicles and vehicles for outdoor activities (jet skis, boats and so on) is allowed on the local market. All vehicles sold in the local market of the Emirates must meet state regulations and standards.

Additional services

Depending on the requirements of your business process, you can get the list of additional services in a specialized area. Among them are:

• Office spaces and meeting rooms equipped with the latest technology;
• Storage facilities and appropriate handling equipment;
• Demonstration and exhibition halls;
• Workshops and service stations;
• Restaurants and cafes.

In conclusion, we would like to mention that the Dubai Automotive Zone is the unique international project, which occupies a vast territory. You can be sure that everyone who is engaged in the automobile business will find here a number of interesting and advantageous options.