Free Zones in the UAE - PKF International
Free Zones in the UAE - PKF International
Free Zones in the UAE - PKF International
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Types of Licenses Cost <strong>in</strong> AED per annum<br />
Industrial 5,500<br />
Trad<strong>in</strong>g 5,500 - 12,500<br />
Service 5,500<br />
National Industrial 5,500<br />
General Trad<strong>in</strong>g 30,000<br />
• These figures are <strong>in</strong>dicative and subject to change<br />
DUBAI CARS AND AUTOMOTIVE ZONE (DUCAMZ)<br />
DUCAMZ was established with <strong>the</strong> objective of re-export<strong>in</strong>g used cars to <strong>the</strong> Asian and<br />
African Region where <strong>the</strong> demand exists and cont<strong>in</strong>ues to grow. This zone is situated<br />
with<strong>in</strong> <strong>the</strong> Dubai city and comprises of one million square meters of bonded area.<br />
The location has easy access to all airports and seaports <strong>in</strong> <strong>the</strong> region. From here <strong>the</strong><br />
automobiles are reloaded onto feeder vessels, or on to trucks which travel throughout<br />
<strong>the</strong> region on a modern network of highways, l<strong>in</strong>k<strong>in</strong>g <strong>the</strong> neighbour<strong>in</strong>g countries to <strong>the</strong><br />
Middle East and beyond.<br />
This area is used for <strong>the</strong> purpose of <strong>the</strong> re-export of cars. The vehicles are categorized<br />
<strong>in</strong>to two groups, left-hand drive vehicles which are exported <strong>in</strong>to <strong>the</strong> local markets and<br />
are subject to local regulations and right hand drive vehicles which are ma<strong>in</strong>ly exported<br />
to India, Afghanistan, Pakistan, Yemen and o<strong>the</strong>r African Countries.<br />
Features<br />
• Government support services.<br />
• Competitive freight charges.<br />
• Ease of adm<strong>in</strong>istration problems.<br />
• No restrictions on import of automobiles.<br />
• No import duties.<br />
• Hassle free clearance from Police (traffic department), Customs, Port and Banks.<br />
• Excellent support systems.<br />
• The facilities could be leased for 50 years.<br />
• Type of company activities would <strong>in</strong>clude trad<strong>in</strong>g <strong>in</strong> cars only.<br />
<strong>PKF</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> <strong>the</strong> <strong>UAE</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> Dubai 23