Dubai Multi Commodities Centre (DMCC) stands as the Largest and Most Rapidly Expanding Free Trade Zone in the UAE, Boasting over 17,000 Registered Businesses. Established by the Dubai government in 2002, it serves as a Thriving Business Hub for companies engaged in commodities. Recognized as the "Global Free Zone of the Year" by The Financial Times FDI Magazine in 2015, 2016, and 2017, DMCC enjoys a stellar reputation.
DMCC attracts Businesses Worldwide, with over 2,000 new companies joining each year. As they Advantages of its accommodating business policies and a Cost-effective solutions within a Prime Business Districts. Its strategic location near major business centers enhances shipping and access to global markets, playing a pivotal role in connecting markets through trade.
DMCC Free Zone proves to be an Exceedingly Attractive Destination for Company Setup in Dubai. It permits 100% expat ownership and enables the repatriation of profits to the owner's home country. Furthermore, there are many other benefits of establishing a business within DMCC, making it a great option for entrepreneurs seeking success in a land of opportunities.
DMCC is situated within the JLT area, resembling a city within a city, complete with residential and commercial towers. It enjoys easy access to Dubai's main motorways and two metro stations. Downtown Dubai is a mere 10-minute drive away, with The Palm Jumeirah and Dubai Marina just across the street. When a company formation in DMCC , you have four facility options for rental:
DMCC Free Zone offers a plethora of benefits for businesses, including:
Dubai's business community enjoys global recognition for several compelling reasons, including incubator programs, an attractive tax structure, and numerous incentives. Dubai also ranks as a top tourist destination globally, making it more profitable to establish a company here in sectors like tourism and trade than in any other industrial sector.
This dynamic business hub has made substantial contributions to the growth of Dubai's commerce and trade. It stands as the ideal industry to enter and launch a company within the UAE, offering diverse opportunities for success and growth.
You have a wide range of options at your disposal for building your business within the DMCC free zone. Some of the activities you can engage in include:
In addition to its focus on the commodities sector, DMCC encompasses a wide array of industries, including commerce, shipping, recruitment, IT, luxury brands, retail stores, advertising, fitness centers, colleges, and restaurants.
The DMCC free zone offers various types of licenses, including:
Establishing a Business in DMCC Free Zone involves several steps:
Embark on the journey of opening a business in Dubai by partnering with Smart Zones® UAE. Our adept company formation specialists will guide you through the business license application and setup process, liaising with relevant government and municipal authorities on your behalf.
After an investor or company has determined their business activities, the next step is to choose the type of company structure. There are three entity structure types to consider:
Upon making your selection, you will be assigned a dedicated Creation account manager. This manager will provide a list of required documents to expedite the completion of all formalities for your company registration in the shortest possible time.
For the company registration process, you will need to lease a business location within the free zone. DMCC free zones typically have a flexi desk as the minimum office rental. There is a variety of commercial business facility spaces available within DMCC, ranging from shell and core offices to ready-to-operate retail outlets.
Upon selecting and finalizing the business location, the company registration process is completed. Creation will furnish you with comprehensive company incorporation documentation, including the trade license, certificate of incorporation, and Memorandum and Article of Association.
Once the company setup is finalized, we will provide guidance on the requirements to complete the visa process for investors, employees, spouses, and dependents.
Remember that the process may vary depending on your chosen jurisdiction and business activities. Consulting legal and business experts familiar with Dubai's business setup landscape is highly recommended.
Looking for a seamless business setup experience? Trust Smart Zones® Dubai to pave the way.
To Start a Business within the DMCC free zone , you must submit the following documents:
Submitting incorrect documents can lead to immediate rejection. Our consultants at Smart Zones® UAE ensure you have the right documents, avoiding any complications in the process.
The DMCC Free Zone mandates a minimum share capital of AED 50,000 per company, with initial business registration costs typically commencing at AED 9,000. Additional expenses like visa fees, license fees, and other charges are not included in this initial amount. For a more precise estimate of the total expenses, we recommend reaching out to Smart Zones® UAE to receive an accurate quote.
Dubai Multi Commodities Centre (DMCC) is the largest and most rapidly expanding free trade zone in the UAE, established by the Dubai government in 2002.
DMCC attracts businesses worldwide, offering accommodating business policies, cost-effective solutions, and a prime business location. It allows 100% expat ownership, repatriation of profits, and provides various benefits for entrepreneurs.
DMCC, situated in the JLT area, offers options such as warehouse rental, serviced desks or offices, flexi-desk facilities, and executive offices in business towers within JLT.
Some key benefits include a thriving community, premium location, opportunities in crypto trading, full business ownership, a diverse business network, and flexible business solutions.
DMCC allows a wide range of business activities, including crypto trading, activities involving precious stones, gold, and diamonds, petroleum trading, and the import/export of various goods.
DMCC offers trade licenses, service licenses, light industrial licenses, and general trading licenses, catering to various business activities.
The process involves partnering with Smart Zones® UAE, selecting a company type, preparing company registration, leasing business premises, receiving a business license, finalizing UAE residency visas, and opening a corporate bank account.
Documents required include a title deed or DMCC serviced office contract, HR signatory appointment letter, passport copy, Emirates ID, valid property lease agreement, proof of residential address, board resolution, power of attorney, and documents of the parent company.
The minimum share capital required is AED 50,000 per company, with initial business registration costs starting at AED 9,000. Additional expenses like visa fees, license fees, and other charges are not included in this initial amount. For a precise estimate, contact Smart Zones® UAE.