DMCC Free Zone Business Formation: Setup & Costs

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Looking to establish your business in the Dubai Multi Commodities Centre (DMCC) Free Zone? Raes Associates provides professional business setup solutions tailored to your needs, helping you leverage the opportunities in this world-class free zone. We’ll manage the entire setup process, ensuring your business thrives in this strategic location. 
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DMCC Free Zone Business Formation: Setup & Costs

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
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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:

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

Curious About the Cost? Get a Quick Business Setup Estimate!

 

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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
  • 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

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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).

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

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

Tax benefits

DMCC offers a tax-free environment with no corporate or personal income tax.
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Strategic location

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

Efficient processes

The process of company formation in DMCC is streamlined and efficient, allowing companies to start operations quickly.
Wide range of activities

Wide range of activities

DMCC allows for a wide range of business activities, including trading, services, and manufacturing.
High-quality infrastructure

High-quality infrastructure

DMCC provides state-of-the-art infrastructure and facilities, including office spaces, meeting rooms, and high-speed internet connectivity.
Regulatory support

Regulatory support

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

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.