DMCC Free Zone company registration offers big opportunities. The Dubai Multi Commodities Centre (DMCC) was formed in the year 2002 as a strategic initiative of Dubai’s government for companies dealing with commodities trading. The DMCC is also a Free Zone Authority that offers great opportunities for business setup. Today there are more than 9000 companies licensed in the DMCC and every year the 94% renew their licenses.
- Full ownership of the company.
- Freehold property for sale and lease.
- Great location near Dubai downtown and 2 metro stations (easy to commute).
- Affordable high quality offices and residential apartments in the area.
- Great infrastructures and facilities for business and life.
- The largest business community in Dubai.
Dubai Multi Commodities Centre has been named Global Free Zone of the Year 2015 by The Financial Times FDi Magazine.
This yearly global survey is considered the most important free zone ranking in the world.
The ranking criteria is based on standards such as outstanding performance, plans of expansion and predominance of high growth industries
DMCC Free Zone is located in Jumeirah Lakes Towers district. This district is one of the most prestigious locations in Dubai. DMCC has a very easy access to the road of Sheikh Zayed, close to the Jebel Ali port and the DWC airport. This free zone has 2 metro stations and it is only 45 minutes drive from Abu Dhabi.
Dubai Multi Commodities Centre is officially the largest UAE free zone. A DMCC Free Zone company formation offers great opportunities for investors around the world.
In DMCC you have almost unlimited choice of activities from trading to consulting. Every type of business, with only very few exceptions, could be licensed in DMCC. The licenses for a DMCC free zone company follow the activities pattern of the Dubai Department of Economic Development.
Any DMCC free zone company formation can have up to 6 business activities in one license.
Please, contact us to verify that your business activity can be licensed as a DMCC Free Zone Company.
The capital requirement for a new DMCC free zone company and Subsidiary required a capital of 50 000 AED per company, independently of the number of shareholders. Branches of your business are exempted from these capital requirements.
After the license is issued you have 3 weeks to deposit all the capital needs on the company’s bank account. To prove the capital needs you must bring a letter from company’s bank to the Free Zone Authority. After that the capital can be withdrawn from bank’s account.
DMCC company formation require annual audit. After business setup you should appoint an auditing company. The company will prepare a report for you at the end of the year.
READ MORE ABOUT DMCC FREE ZONE COMPANY FORMATION RULES AND REGULATIONS
The number of visas you are allowed to get depend on the size of the rented office for the DMCC free zone company. The normal rule is that you can get 1 visa per each 10 sq meters of office space, and the minimum office space size is 50 sq meters.
With a flexi-desk facility you can get 3 visas.
There is no investor visa category, a company owner will get his visas as General Manager or Managing Director.
For applying for a managerial position it is needed to provide an Education certificate. It must be attested according to the rules of the UAE.
Get in contact with us
Provide necessary documents.
Prepare all the documentation and submit it for approval.
Get the approval and arrange license payment.
License fees payment.
Send us attested copies of the required documents or visit DMCC with the originals.
Upload documents to the DMCC online portal.
Rent a flexi-desk or a office at JLT.
Upload new documents to DMCC online portal.
Get the license, open a bank account and deposit a capital of 50,000 AED.
Yes, your presence is only needed once.
A registration of a DMCC free zone company could take between 20 and 30 days.
Business setup service includes taking care of all the company incorporation process from first inquiry until the moment that company license is in your hands. You also get free consultations during the first year of company operations.
Audit is required. It is needed to appoint an auditor after you get the license. You will need to provide a report from him to DMCC during the renewal process.
Technically your business is officially at DMCC, but you can manage it from anywhere in the whole world.
You can have an office at JLT, one of the best business locations of Dubai.
You can open a bank account in UAE. You will be allowed to open a company account after receiving the license. You are also allowed to open a resident’s bank account after getting the visa.
It depends on the rented space. The rule is one visa per each 100 sq feet. If you rent a flexi-desk you are allowed to have 3 visas
We will answer your request as soon as possible.