

DMCC FREE ZONE BUSINESS SETUP
About Dmcc Free Zone Business Setup
Dubai Multi Commodities Centre (DMCC) is a free zone in Dubai, UAE that provides a platform for businesses operating in the trade of commodities such as gold, diamonds, and precious metals. DMCC offers a range of services for business setup, including:
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Licensing and registration of the company
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Arranging for office space and facilities
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Support for visa applications
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Assistance with opening a bank account
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Help with obtaining necessary permits and certifications
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Providing advice and guidance on tax and legal requirements
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Offering business setup packages tailored to the specific needs of the company
BENEFITS OF DMCC COMPANY
There are several benefits to setting up a company in Dubai Multi Commodities Centre (DMCC) free zone, some of which include:
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Tax benefits: 100% foreign ownership, 0% corporate tax and personal tax, no import or export duties.
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Strategic location: Access to a large market in the Middle East, North Africa and South Asia (MENASA) region.
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World-class infrastructure: High-quality office spaces, business centers, and logistics facilities.
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Commodity trade support: DMCC is a hub for the trade of commodities such as gold, diamonds, and precious metals.
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Regulatory environment: DMCC offers a favorable and secure regulatory environment for business.
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Networking opportunities: Access to a large community of businesses and entrepreneurs from around the world.
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Ease of doing business: Simple and efficient processes for company setup and operation.
ACTIVITIES IN DMCC
Dubai Multi Commodities Centre (DMCC) free zone is a hub for the trade of commodities such as gold, diamonds, precious metals, and energy. Some of the activities that take place in DMCC include:
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Trading of commodities such as gold, diamonds, and precious metals
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Refining and processing of precious metals
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Storage and secure logistics for commodities
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Provision of financing and insurance services for commodity trade
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Business and trading support services, including legal and tax advice
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Hosting of exhibitions, conferences and events related to the commodities sector
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Providing office space and facilities for businesses operating in the commodities sector
Documents required for the branch office in DMCC
To set up a branch office in Dubai Multi Commodities Centre (DMCC), the following documents are required:
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A copy of the parent company's trade license.
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A copy of the parent company's Memorandum and Articles of Association (MOA).
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A Power of Attorney for the branch manager.
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A copy of the branch manager's passport.
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A completed DMCC Branch License application form.
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A business plan for the proposed branch office.
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Proof of office space in DMCC (rental agreement or certificate of ownership).
Business Setup in DMCC requires the following License Types
The following license types are required for setting up a business in Dubai Multi Commodities Centre (DMCC) Free Zone:
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Trading license: for companies engaged in import, export, or re-export of goods.
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Service license: for companies offering services in various fields such as consulting, design, advertising, and IT services.
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Industrial license: for companies involved in light manufacturing or assembly operations.
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Holding company license: for companies engaged in holding and managing investments.
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E-commerce license: for companies engaged in online trading activities.
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Consultancy license: for companies providing business and management consultancy services.
DMCC Company Formation – Features
The following are the key features of company formation in Dubai Multi Commodities Centre (DMCC) Free Zone:
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100% foreign ownership: Companies are allowed to be fully owned by foreign investors, with no requirement for a local sponsor.
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Tax benefits: DMCC offers a tax-free environment with no corporate or personal income tax.
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Strategic location: DMCC is strategically located in the heart of Dubai, providing easy access to key markets in the region and around the world.
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Efficient processes: The process of company formation in DMCC is streamlined and efficient, allowing companies to start operations quickly.
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Wide range of activities: DMCC allows for a wide range of business activities, including trading, services, and manufacturing.
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High-quality infrastructure: DMCC provides state-of-the-art infrastructure and facilities, including office spaces, meeting rooms, and high-speed internet connectivity.
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Regulatory support: DMCC provides regulatory support and assistance to ensure compliance with local regulations.
