Company Formation & Business Setup in
Dubai Multi-Commodity Center (DMCC)
Set up your business easily in DMCC with our outstanding Business Consultants in UAE
ABOUT
A Brief About
Dubai Multi-Commodity Center
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
How to set up your business in DMCC?
Choose your business activity
Select the business activity and trade name for your company.
Submit the online application
Submit the application form along with the required documents. After that, you must sign the e-agreement and share capital letter.
Make the payments
Pay the fees for registration and licensing and receive the provisional approval with the bank letter.
Choose an office solution
Select among the vast options for a suitable office space for your business.
Collect your license
Receive the license for your business.
Get Started
Fill the form and book a free consultation with us.
DOCUMENTS
Documents for business setup in DMCC
- Company registration application form
- Letter of intent
- Company’s business plan
- NOC for UAE resident shareholders
- Bank share capital letter
- Copies of shareholders’ passports
- Bank statement/reference letter/audited financial report
- Physical office space (address in DMCC)
- While establishing a Branch Company you must submit the copies of the parent company’s documents
Dubai Multi-Commodity Center
Business Licenses for Business Setup in DMCC
Service License
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.
General Trading License
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.
Industrial License
With the industrial license, the company can engage in manufacturing activities, import raw material, manufacture products and export the finished products.
Service License
The business can offer services to clients, such as consultancy or any other that’s specified in the license issued.
BENEFITS
Benefits of doing business in Dubai Multi-Commodity Center (DMCC)
- 100% ownership of your business
- Prominent proximity to the seaport and airport
- Access to world-class trading platforms such as the Dubai Diamond Exchange, DMCC Tea Center and more
- There’s no duties on import and export
- You won’t have restrictions with capital repatriation
- No personal or corporate income taxes
- You can sponsor your dependents easily
- Setup remotely from your home country
- Access to plug and play offices
- Easy to trade with companies in the UAE and the rest of the world
Customized solutions for entrepreneurs and investors
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.
Limited Liability Company
You can form a new entity with a single shareholder or up to a maximum of 50 shareholders.
Limited Liability Company (Subsidiary)
You can establish an LLC as a subsidiary that’s wholly owned by a local or foreign company.
Branch of 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:
- Commercial and residential towers
- Transparent and Competitive Pricing
- Customized office spaces
- Serviced offices
- Flexible office spaces
- Easy registration process
- Plug & Play Offices
- 100% ownership