Dubai Auto Zone (DAZ) is a specialized free zone located in the heart of Dubai, United Arab Emirates (UAE). It is a dedicated zone for businesses involved in the automotive industry, offering a range of services and facilities to support their operations. If you are an entrepreneur looking to set up a business in DAZ, this comprehensive guide will provide you with all the information you need about the business setup process.
Step 1: Choose your business activity
The first step in setting up a business in DAZ is to choose your business activity. Dubai Auto Zone offers a range of business activities related to the automotive industry, including vehicle testing, repair and maintenance, spare parts trading, and vehicle storage. You can select the activity that best fits your business needs.
Step 2: Determine your company structure
DAZ allows businesses to set up as a Free Zone Limited Liability Company (FZ-LLC), a branch of a foreign company, or a representative office. Each company structure has its own set of requirements and benefits, so it is important to choose the one that best suits your business needs.
Step 3: Register your business
Once you have chosen your business activity and company structure, the next step is to register your business with DAZ. This involves submitting the required documents, such as your business plan, passport copies of shareholders and directors, and a no-objection certificate (NOC) from your current sponsor if you are already in the UAE. You will also need to pay the registration fee and obtain initial approval.
Step 4: Obtain a license
After selecting your business activity, and structure, the next step is to register your business with DAZ. DAZ offers two types of licenses: a trading license and a service license. A trading license is required for businesses involved in the trading of goods, while a service license is required for businesses involved in the provision of services. The license fee will depend on the type of license you require and the duration of the license.
Step 5: Secure your premises
Once you have obtained your license, the next step is to secure your premises. DAZ offers a range of options for businesses, including warehouses, offices, and showrooms. You can choose the option that best suits your business needs and budget.
Step 6: Apply for visas
The final step in the business setup process is to apply for visas for your employees. Dubai Auto Zone offers visa services to help businesses obtain the necessary visas for their employees. You will need to submit the required documents, such as passport copies, medical certificates, and visa application forms. The visa fee will depend on the type of visa you require and the duration of the visa.
Setting up a business in Dubai Auto Zone involves choosing your business activity, determining your company structure, registering your business, obtaining a license, securing your premises, and applying for visas. By following this complete guide, you can ensure a smooth and hassle-free business setup process in DAZ.