Dubai has a view to support all types of industries in order to make this emirate the hub of combination of businesses. This emirate adopted this strategy quite some time ago and it is moving forward with the same aim despite its focus on knowledge-based economy. There are still several areas that provide exclusive facilities to different types of industries. In order to facilitate auto sector in Dubai, the government established the Dubai Auto Zone (DAZ) several years ago.
The establishment of this free zone has been proved very beneficial and now more than 400 companies have their offices in DAZ. These also include world renowned companies like Boeing International Corporation, Emirates Post and others. Dubai has one of the best roads and infrastructure in the world and there is lot of potential for growth of such companies in Dubai. It is an important reason that many famous companies along with several startup companies are taking advantages of various benefits available in DAZ. Due to this, the numbers of companies operating in DAZ are increasing continuously with every passing year.
As DAZ is an exclusive free zone for auto industry, so it is providing all the necessities and other facilities required for auto sector. Following are important benefits available to companies setting up their businesses in Dubai Auto Zone (DAZ).
- DAZ is composed of around 1 million square meters in the vicinity of airports and seaports
- There is abundant inexpensive energy available in DAZ
- Facilities are available for related companies for reloading and transportation of automobiles in the region and neighboring countries
- Other benefits of free zones including 100% foreign ownership, exemption from tax and duties, repatriation of capital and profits etc
These are few major benefits available in DAZ for companies with their presence in this designated free zone. The registration process and establishment of such companies is also not difficult and priority is given to companies related to auto industry. The presence of big names provided above clearly indicates growth of various businesses in DAFZA and its reputation on worldwide level.
If you owns an automotive company and wants to establish your business in the Middle East or its surrounding areas, then the best place for this purpose is Dubai Auto Zone (DAZ). Different big and small companies from various parts of world are already thriving in DAZ and there are lots of opportunities for new companies. If you want to take full advantage of numerous facilities available in DAZ then we can assist you in setting up your company there. You can contact us via our WhatsApp # 971-56-9971225 or email address [email protected]