Dubai Multi Commodities Centre DMCC Freezone
This is the best place to develop a business community that helps entrepreneurs and investors create a good working environment.
Put simply, we’re here to help transform your compelling business ideas into reality. With our experience in establishing various businesses across different sectors, we offer a series of valuable resources to help you succeed.
Whether your interests lie in diamonds, gemstones, tea, pearls, creative industries, real estate, services, or technology, the Dubai Multi Commodities Centre (DMCC) Freezone is an excellent choice. As one of the UAE’s fastest-growing and largest free zones, DMCC boasts over 16,000 registered companies.
As an integrated free zone for gold and precious metals, DMCC serves as an open platform for trading, strategic partnerships, and building relationships with leading companies in Jumeirah Lake Towers.
Why choose DMCC for your Freezone Business Setup?
DMCC fosters a thriving business community that supports entrepreneurs and investors in achieving their market goals. It offers various license types, including commercial, service, industrial, trading, and branch companies.
Recognized globally, DMCC Freezone has been crowned “Global Free Zone of the Year” for six consecutive years by FDI Magazine. This prestigious title reflects its vibrant community, innovative infrastructure, world-class services, and prime real estate location with excellent connectivity to global markets.
DMCC was established as a strategic initiative by the Dubai government to create a thriving marketplace and provide the necessary physical and financial infrastructure for a flourishing commodities market.
Advantages of setting up a business in DMCC Freezone:
- 100% Foreign Ownership of the company
- Entitlement to a tax residency certificate
- No tax information exchange agreement with any country
- Full repatriation of capital
- Increase in the value and volume of goods traded in and through the region
- Promotion of local industry through the adoption of international standards
- Three-year DMCC company license with a discount on incorporation fees
- Company stamp and a commemorative certificate
- 0% corporate and personal tax for 50 years
What are the related activities that usually cater to DMCC Freezone?
- Commodities
- Gold
- Diamond
- Pearl
- Tea
- Cotton
- Metals
- Minerals
What are the DMCC Freezone Business setup requirements?
It takes between 2 and 4 weeks to set up a DMCC company, depending on the business activity.
A personal visit the shareholder is required to sign the legal documents of the company at the offices of the authorities.
Company incorporation in the DMCC involves the deposit of share capital in the company’s bank account. The free zone allows 60 days after licensing for this procedure. The minimum share capital is AED 50,000.
Documents required for company incorporation in the DMCC include:
- Copy of passport
- Utility bill
- CV
- Business plan for certain activities
After registration, there are still some formalities to be completed:
There are quite a few post-registration formalities to be done:
- Demonstration of share capital to DMCC authority
- Appointment of auditors
- Stamping shares certificates
- Conducting an office inspection if you have rented an office.
The free zone holds special promotions a couple of times a year where it gives substantial discounts for setting up DMCC Freezone Companies
Why do you have to consult Dahhan Business Services for your business setup?
By working with us, a pro service company you’ll discover how seamlessly we handle all your business needs to help you achieve your dreams. In essence, we offer one-stop solutions for all your business challenges.
Dahhan Business Services is a highly reliable company that prioritizes confidentiality when handling your personal and professional data. Our top-notch, hassle-free services are available at affordable prices, and we even offer convenient “free collection and delivery” of your documents.
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