ABOUT
The Dubai Multi-Commodity Center Free Zone, also known as the DMCC Free Zone, has one of the fastest-growing markets in the UAE with more than 15.000 registered businesses. The government of Dubai established the DMCC Free Zone in 2002 and ever since then it experienced an exponential growth due to its privileged access to international markets and proximity to major business centers.
Businesses interested in engaging in trading activities can find the DMCC Free Zone a great place to make connections with markets of the rest of the world. In addition, it offers outstanding shipping possibilities which ease trading.
PROCESS
DOCUMENTS
Dubai Multi-Commodity Center
Business entities with a service license can provide the services listed on the permitted activities by the DMCC. Among this category we can find lawyers, accounting firms, and more.
It allows the business to engage in several trading activities such as import, export, store, consolidation and distribution of items and products allowed by the authorities.
With the industrial license, the company can engage in manufacturing activities, import raw material, manufacture products and export the finished products.
The business can offer services to clients, such as consultancy or any other that’s specified in the license issued.
BENEFITS
Choosing the proper legal structure for your company is one of the main activities you have to carry out when you plan to establish a business in the DMCC Free Zone. The DMCC Authority has allowed various types of legal entities so business owners can choose the most suitable to their needs.
You can form a new entity with a single shareholder or up to a maximum of 50 shareholders.
You can establish an LLC as a subsidiary that’s wholly owned by a local or foreign company.
Whatever kind of accommodation you need for your business, you can select among the wide range of options in the DMCC Free Zone. Thanks to its easy set up process and innovative facilities, you can establish your corporation in a hassle-free way.
Some of the facilities offered in DMCC are the following:
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Answers to Some Common Questions
You can get trading, services, commodities, and industrial licenses in DMCC’s free zones.
Setting up your company in DMCC includes application submission, approvals, licensing, and registration.
Your passport copies, business plans, and application forms are required to establish a business in the DMCC free zone.
DMCC allows free zone companies, subsidiaries, and branch offices.
Benefits of forming a company in DMCC free zone includes global credibility, prime location, and business friendly regulations.
The process for company formation and licensing in DMCC takes a few weeks.
Yes, 100 percent foreign ownership is allowed so foreign investors can completely own their business in the DMCC free zone.
At ConnectFZ, we assist you with your DMCC business setup, licensing, office space, and visa services.