The Dubai Multi Commodities Centre or DMCC has become a resource center not only for the Middle East but for the whole world. DMCC is not like other free zones in Dubai, but it offers a lot of potential and opportunities for the retail and commerce sectors. The DMCC Free Zone is a gateway to global trade and exclusive retail space to grow your business. DMCC was named the FDI Global Free Zone of the Year by the Financial Times for the third year in a row.
DMCC facilities and free zone benefits promote all the needs and requirements of all types of business activities in the world. Starting a business at DMCC not only brings a great brand to your business, but you also get the below-discussed benefits:
Dubai Multi Commodity Center Free Zone welcomes a vast range of financial and professional business activities. Below are a few options which are available for entrepreneurs and foreign investors:
DMCC Free Zone provides an environment that is home to many business activities and is perfect for any business. The DMCC licensing authority offers the below-discussed licensing options:
This license allows import, export, distribution, consolidation and storage of almost any type of product.
It allows the execution of service or consulting activities specified in the license.
This business license allows light production activities specified in the license.
This particular business license allows trading in all permitted items.
Allows you to open a branch of an existing company and conduct business in a DMCC free zone. The company can also seek other permitted business licenses following its business activities.
The Dubai Multi Commodities Centre Free Zone Authority makes company registration with the DMCC quick and easy. All new investors or entrepreneurs must follow these steps:
In the first step you decide on your company and the legal form of the company, where you can choose from the following three options:
The next and important step is to submit your application for the procedure and certify the required documents, namely:
After reviewing all the documents and applications you submitted, the authorities will issue a lease and license agreement once your application is approved and make the necessary payments.
Send the lease to the new office and start your business. DMCC will issue your e-license so you are ready to do business in Dubai Multi Commodities Centre.
Once the company has received the license and company documents, it can now issue a Visa. The number of visas issued to companies depends on the size of the chosen institution. The visa is valid for three (3) years.
DMCC can accommodate limited liability companies and overseas and UAE branch companies. To open a limited liability company or branch, the following requirements must be met:
Foreign investors interested in starting a business at the Dubai Multi Commodities Center have three options:
The documents required to set up a company in the DMCC are:
In the case of branches and subsidiaries, the applicant must also submit a translated and legalized copy of the deed of establishment. In addition, the applicant must reside in the Dubai Multimedia Center.
The Dubai Multi Commodities Free Zone has contributed to the development of Dubai's commercial and trade industry, making it the best industry to penetrate and start a business. Starting a business in DMCC will ensure the growth and prosperity of your business, and a business consultant can help you get started. The MAD Middle East services include company registration, licensing, PRO services, UAE VAT registration, employee visa services and other legal formalities for companies. We bear the burden of business setup services in Dubai to focus on the bigger picture of your business. Contact us and our team will be happy to assist you.