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DMCC FREE ZONE BUSINESS SETUP

About DMCC Free Zone 

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 free zone company formation offers a range of services for business setup, including:

  • Licensing and registration of the company

  • Arranging for office space and facilities

  • Support for visa applications

  • Assistance with opening a bank account

  • Help with obtaining necessary permits and certifications

  • Providing advice and guidance on tax and legal requirements

  • Offering business setup packages tailored to the specific needs of the company

BENEFITS OF COMPANY FORMATION IN DMCC

There are several benefits to setting up a company in the Dubai Multi Commodities Centre (DMCC) free zone, some of which include:

  • Tax benefits: 100% foreign ownership, 0% corporate tax and personal tax, no import or export duties.
  • Strategic location: Access to a large market in the Middle East, North Africa and South Asia (MENASA) region.
  • World-class infrastructure: High-quality office spaces, business centers, and logistics facilities.
  • Commodity trade support: DMCC is a hub for the trade of commodities such as gold, diamonds, and precious metals.
  • Regulatory environment: DMCC offers a favorable and secure regulatory environment for business.
  • Networking opportunities: Access to a large community of businesses and entrepreneurs from around the world.
  • Ease of doing business: Simple and efficient processes for company setup and operation.

Activities at Dubai Multi Commodities Centre (DMCC) Free Zone

 

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:

  • Trading of commodities such as gold, diamonds, and precious metals

  • Refining and processing of precious metals

  • Storage and secure logistics for commodities

  • Provision of financing and insurance services for commodity trade

  • Business and trading support services, including legal and tax advice

  • Hosting of exhibitions, conferences, and events related to the commodities sector

  • 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:

  • A copy of the parent company's trade license.

  • A copy of the parent company's Memorandum and Articles of Association (MOA).

  • A Power of Attorney for the branch manager.

  • A copy of the branch manager's passport.

  • A completed DMCC Branch License application form.

  • A business plan for the proposed branch office.

  • Proof of office space in DMCC (rental agreement or certificate of ownership).

Types Of Business Licenses Offered At DMCC

 

The following license types are required for setting up a business in Dubai Multi Commodities Centre (DMCC) Free Zone:

  • Trading license: for companies engaged in the import, export, or re-export of goods.

  • Service license: for companies offering services in various fields such as consulting, design, advertising, and IT services.

  • Industrial license: for companies involved in light manufacturing or assembly operations.

  • Holding company license: for companies engaged in holding and managing investments.

  • E-commerce license: for companies engaged in online trading activities.

  • Consultancy license: for companies providing business and management consultancy services.

DMCC Company Formation Features

The following are the key features of company formation in the Dubai Multi Commodities Centre (DMCC) Free Zone:

  • 100% foreign ownership: Companies are allowed to be fully owned by foreign investors, with no requirement for a local sponsor.

  • Tax benefits: DMCC offers a tax-free environment with no corporate or personal income tax.

  • Strategic location: DMCC is strategically located in the heart of Dubai, providing easy access to key markets in the region and around the world.

  • Efficient processes: The process of company formation in DMCC is streamlined and efficient, allowing companies to start operations quickly.

  • Wide range of activities: DMCC allows for a wide range of business activities, including trading, services, and manufacturing.

  • High-quality infrastructure: DMCC provides state-of-the-art infrastructure and facilities, including office spaces, meeting rooms, and high-speed internet connectivity.

  • Regulatory support: DMCC provides regulatory support and assistance to ensure compliance with local regulations.

DMCC Free Zone Business Setup and DMCC Company Formation Cost are crucial factors that make setting up a business in DMCC an attractive option for entrepreneurs and investors looking to establish a strong presence in the commodities trade sector.

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        +971 55 501 2638

        +971 54 323 1596

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