Dubai Multi Commodities Center (DMCC) is unquestionably one of Dubai’s most well-known and recognized free zones for establishing trading activities. The company formation process in DMCC is as quick, simple, and transparent as it can be, regardless of whether you want to launch a brand-new business or just establish a completely owned subsidiary.

DMCC Free Zone is the largest free zone in the world and has received five “Global Free Zone of The Year” awards. One of the finest ways to register your company in the Emirate of Dubai is through DMCC company formation. It is home to 16,000 businesses. Many big international businesses can be found all across DMCC. At Socialite Consultancy Services, our knowledgeable team of business consultants will walk you through each stage of company setup in the DMCC free zone so you may start operating right away.

Company Setup in DMCC Free Zone

With a focus on the national economic diversification strategy, DMCC’s most recent collection of recognitions is proof of its ability to draw foreign direct investment, promote market-friendly reform, and promote a business environment free of trade barriers, onerous regulations, and troubling bureaucracy.

Within minutes of superb air, sea, and road access to the rest of the region, DMCC is home to a thriving community, cutting-edge infrastructure, top-notch services, and a breathtaking selection of properties. Its strategic location, top-notch infrastructure, goods, and services are its main competitive advantages for new business establishments.

Business Activities and License

Business activities in DMCC start range from traditional trading or professional services to cryptocurrency commodities trading. Within the JLT region, you can also start a store, a clinic, a restaurant, or another kind of retail business. This makes DMCC free zone company formation a fantastic substitute for Mainland company formation, which needs a local resident as a sponsor. You will possess 100% ownership of DMCC.

Up to six business activities from the same group can be listed on your business license. It exceeds the national average for the UAE by two times. DMCC offers several types of business licenses to start trading activities:

• General Trading License 
• Commercial/Trading License
• Service License which

Business consultants at Socialite Consultancy Services can help you pick the right type of license for company setup in DMCC free zone, depending on the kind of business activities you want to operate. The following significant fees make up the DMCC company setup cost:

• One-time registration fees
• DMCC license
• Flexi-desk, office, or warehouse facility rental

Office Solutions

When forming a company with DMCC, you have four different options for the facilities you can rent:

• Flexi-desk Facility
• Physical Office or Serviced Desk
• Executive office spaces in any of the commercial towers in JLT
• Warehouse in JAFZA free zone

Companies must lease a Flexi-desk or an actual office space within the DMCC in order to keep their company licenses with the DMCC. The office setup option selected will also affect the overall cost of company creation. However, some business operations need a physical office as opposed to a Flexi-desk.

Step-By-Step Company Setup Process

Depending on the business activity, the DMCC company setup takes 2 to 4 weeks. A part of the business registration process can be completed online. The shareholder must personally appear in person at the authority’s offices to sign any legal documents pertaining to the business.

1. Express your interest: Before getting in touch with DMCC authorities, decide on your license type and business operations. After receiving your inquiry, a DMCC representative will set up your personal portal account and email you login information so you may begin the online application.
2. Submit online application: Fill out the application form, pay the one-time registration fee of AED 1,035, and submit it online. The management and compliance approval for the company name will be completed by DMCC.
3. Pay, sign, and submit mandatory documents: Pay the license costs next, then sign the paperwork. A bank letter and preliminary approval will be issued by DMCC (to open a company bank account). An entirely digital setup process allows for company formation to be completed from any location in the world.
4. Choose your office solution: Sign and submit the necessary paperwork for your new office space to complete the process. Your E-License will be issued by DMCC, making you eligible to conduct business there.

For those looking to establish a real office in Dubai’s established business community, we believe that DMCC is the ideal choice. Even if you begin with a Flexi-desk, it’s a good chance to grow without having to relocate the location of your company registration. Contact our experts at Socialite Consultancy Services for more details on company setup in DMCC free zone.