Business Setup in Dubai Multi Commodities Centre (DMCC) Free Zone : Join the Global Trade Hub of Dubai
DMCC Free Zone offers a unique Blend of Strategic Location, Unparalleled infrastructure, and exceptional business benefits. DMCC Free Zone is the Ideal Location for businesses of all sizes to thrive in Dubai's dynamic economy. Start your journey to global success today!
- 100% Foreign Ownership
- Easy Business Setup
- Strategic Location
- World-class infrastructure
- Luxury Lifestyle
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.
Why Setup your Business in Dubai Multi Commodities Centre (DMCC) Free Zone ?
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.
Available Facilities in Dubai Multi Commodities Centre (DMCC) Free Zone
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:
- Warehouse in JAFZA free zone
- Serviced desk or office
- The minimum required office space is a Flexi-desk facility
- Executive office in all the business towers within JLT
Benefits of Business Setup in Dubai Multi Commodities Centre (DMCC) Free Zone
DMCC Free Zone offers a plethora of benefits for businesses, including:
- Thriving Community: DMCC hosts nearly 92,000 residents and professionals, boasting a beautiful community park and a stunning waterfront
- Premium Location: Situated in the heart of Dubai, DMCC enjoys proximity to Jebel Ali Port and the airport.
- Crypto Opportunities : DMCC even houses its own crypto center, facilitating connections with like-minded individuals and providing access to a prominent crypto and blockchain ecosystem.
- Full Business Ownership: For those establishing a company in DMCC , 100% ownership is allowed.
- Diverse Business Network: DMCC boasts over 15,000 member companies from 170+ countries, offering a diverse and extensive business network.
- Flexible Solutions: DMCC provides various business activity options, allowing companies to be set up as subsidiaries, branches, or new limited liability companies (LLCs).
- Simple Business Setup: The process of Company Registration and Obtaining a Business License is Remarkably Straightforward. DMCC's Headquarters, Jumeirah Lake Towers (JLT) , serves as one of Dubai's most prime locations and houses the free zone at its core. Since its inception in 2002, it has rapidly incorporated over 11,000 enterprises, making it a top choice for companies.
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.
Top Permitted Business Activities in Dubai Multi Commodities Centre (DMCC) Free Zone
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:
- Crypto trading
- Business activities involving precious stones, gold, and diamonds
- Petroleum trading
- Import and export of various goods
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.
Types of Business Setup Licenses in Dubai Multi Commodities Centre (DMCC) Free Zone
The DMCC free zone offers various types of licenses, including:
- Trade License: This allows individuals to engage in trading operations encompassing storage, import, distribution, export, and re-export of specific goods.
- Service License: A service license permits organizations to provide services listed within the license. It targets enterprises offering various services and necessitates consultation with experienced sales executives to select the appropriate category.
- Light Industrial License: Holders of industrial licenses can partake in certain manufacturing, assembly, and packaging operations.
- General Trading License: This license enables participation in general commerce, including distribution, import, export, storage, and re-export.
Steps to Launch a Company in Dubai Multi Commodities Centre (DMCC) Free Zone
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:
- Free Zone Establishment (FZE)
- Free Zone Limited Liability Company (FZ-LLC)
- Branch of a Company (either locally in the UAE or foreign)
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.
Complete the process by opening your corporate bank account for your Dubai Business with Smart Zones® UAE. This final step paves the way for the successful opening of your Business.
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.
Documents Required to Start a Business in DMCC Free Zone
To Start a Business within the DMCC free zone , you must submit the following documents:
- Title Deed or DMCC Serviced Office Contract
- HR signatory appointment letter
- Passport copy
- Emirates ID – back and front (if you are an Emirates national)
- A valid property lease agreement
- Proof of residential address in the country of residence
- Board Resolution
- Power of attorney
- Documents of the parent company
- Articles of Association & Memorandum
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.
License Cost for Dubai Multi Commodities Centre (DMCC) Free Zone Company Setup
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.
Want to know more, talk to Smart Zones® Dubai advisory team they will be happy to help. Ready to invest in your future?
