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Business Setup Dubai Multi Commodities Centre(DMCC) Freezone
Incorporate Your Business in DMCC Starting From AED 35,340 AED 34,340 Duration Minimum Working Days Speak to our Expert
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Incorporate Your Business in DMCC
Free Zone
Contents
Dubai Multi Commodities Center (DMCC) is one of Dubai's most well-known and highly
DMCC Free Zone
reputable free zones. DMCC is one of the biggest trading hubs for many businesses in the UAE.
Characteristics of DMCC Free
It is located in a lake-front development called Jumeirah Lakes Towers, opposite Dubai Marina
Zone
and ten minutes from Jebel Ali Sea and Air Ports and the Logistic Corridor.
Documents Required Banking Partners
Due to its closeness to important business centres, it helps businesses to maximise their benefits. In addition to that, it is the region's specialised global trade centre and booming
Advantages of The Free Zone
marketplace for commodities, financial services, and a rising number of niche sectors.
Statistics Company Formation in DMCC
Characteristics of DMCC Free Zone
Free Zone is Idle For Registration Process
CHARACTERISTIC TYPE
CHARACTERISTIC TRAIT
Company Type
Free Zone Company (FZCO) Why Choose BSW
Terms and Conditions
FAQ's Governing Body
Dubai Multi Commodities Centre
Minimum Number of Shareholders
1
Minimum Number of Managers
1
Accounting and Book Keeping Requirements
No
Renewal Date
Annual Date of Incorporation
Documents Required Color Passport Copy Visa status copy / Entry stamp copy https://www.businesssetup.com/ae/dubai/dubai-multi-commodities-centre-dmcc-free-zone
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Business Setup Dubai Multi Commodities Centre(DMCC) Freezone
Other documents depending on the business activity
Banking Partners
Advantages of The Free Zone 100% foreign ownership
100% capital repatriation
Availability of industrial, residential, commercial and retail
Free flow of currency
Exempted from corporate and personal tax
Highly secured business environment
space
Statistics DMCC has become the world's fastest expanding business cluster. It is a perfect location for business setup in DMCC (Dubai Multi Commodities Centre). The government has taken several steps to assist entrepreneurs in starting their businesses in the DMCC free zone. Starting a business in such a magnificent free zone can assist you in realising your dreams and goals. While considering the recent updates, it has been observed that there has been an increase in the number of crypto and blockchain firms entering its Free Zone since the inauguration of the DMCC Crypto Centre in May 2021. However, only 16 percent of all business registrations in the first quarter of 2022 were for crypto-related activity. The Dubai Multi Commodities Centre (DMCC) has crossed the 20,000-member company milestone, showing the organization's strong value offer to firms wanting to grow globally by establishing a service. In addition, Dubai free zone company formation would enable one to start a business in this region.
Founded
2002
GDP contribution
DMCC contributes 10% to Dubai’s GDP
Government Authority
DMCC Free Zone Authority
Business activities in DMCC
Shipping and logistics, Automotive transportation, Professional services, Hospitality, Construction, Engineering, and Machinery
Number of companies in DMCC
More than 20,000 companies
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Business Setup Dubai Multi Commodities Centre(DMCC) Freezone
Free Zone Establishment, Free Zone Company, Branch of a Local or
Legal entities
Foreign Company
Business license
Trading license, Service license, and Industrial license
Leading business activity and its percentage
16% of all company registrations were for crypto-related activities
Types of visas
Employment visa, Dependents Resident Visa, and Business Visit Visa
Activities performed under one license
Up to six similar activities
Minimum number of company directors
1-6
Office Requirements in
Flexi desk, Serviced Office, Physical Office for lease, Physical Office for
DMCC
rent, Retail Space for lease, and Retail space for rent
Achievement of tradein first quarter of 2022
DMCC welcomed 665 enterprises to its Dubai Free Zone
In addition, while considering the DMCC business brand, it was more substantial than before. The DMCC brand connected with important audiences because of its great business performance, strong local and international marketing efforts, and meaningful industry participation by the DMCC senior leadership team.
Key achievements of DMCC DMCC's JLT zone, located in the heart of Dubai, is a distinctive destination and a thriving commercial hub. Among DMCC's many accomplishments, a couple is given below better to understand the company's business productivity and infrastructure. Uptown Tower Uptown District Smart, Sustainability, and Technology Implementation JLT Gas Network Community Enhancement Cash Generation, Land Variation and Recurring Income Growth
Company Formation in Free zones Ideal for
Crypto Business
IT business
Single-Family Office
General Trading
Registration Process
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Business Setup Dubai Multi Commodities Centre(DMCC) Freezone
Complete the
Submit Your
Obtain Your
Obtain Your
Open Your
Application Form
Documents to the Authority
License
Residency Visa
Bank Account
Speak with our Expert
Terms and Conditions *Duration is subject to the constraints of the due diligence procedure. **This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation. ***The required documents must be provided for every individual related to the company. Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.
Why Choose BSW Business Setup Worldwide provides top-notch business solutions to companies. Our professionals know that new firms should follow local norms and rules. Our experts will provide guidance and extensive assistance at a reasonable cost. Don't hesitate to contact us right away if you have any questions concerning the business setup or decisions in the DMCC freezone.
FAQs What are the steps to be followed for the company formation in DMCC? The steps to be followed for the company formation in DMCC are, Choosing a business activity Finding a legal entity Selecting a strategic location Choosing a relevant trade name Obtaining a license Opening a bank account
How much does the DMCC trade license cost? The cost of a trade license in DMCC is around 30 000 AED.
How many days does it take for the DMCC to be set up? It takes around 8-10 working days to incorporate a company in DMCC.
What type of company is DMCC? A DMCC corporation is a legal entity formed under the DMCC's laws and regulations. https://www.businesssetup.com/ae/dubai/dubai-multi-commodities-centre-dmcc-free-zone
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Business Setup Dubai Multi Commodities Centre(DMCC) Freezone
Who honoured DMCC Free Zone as "Global Free Zone of the Year"? The Financial Times FDI magazine has honoured the DMCC Free Zone as "Global Free Zone of the Year".
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