Dubai Multi Commodities Centre (DMCC) is the fastest-growing, most well-known, and highly reputable Free Zone in the United Arab Emirates. In 2002, the Government of Dubai established DMCC as a strategic plan to create a business hub for commodity-related businesses.

Company setup in DMCC free zone is one of the best ways of commencing a business in Dubai. It hosts over 16000 companies and is home to many big multinational corporations. Today, DMCC offers many opportunities to investors in a wide range of commodities industries.

DMCC Company Setup

It generally takes 2 to 4 weeks to set up a company in DMCC, depending on the business activity. Although half of the procedure can be done remotely, shareholders need to personally visit the authority’s offices to sign the company’s legal documents.

To set up a company in DMCC, shareholders need to deposit share capital (minimum of AED 50,000) to a corporate bank account.

Advantage of Company Setup in DMCC:

• 100% foreign ownership
• 0% corporate and personal tax for 50 years from the formation of the company
• Easy, efficient, and hassle-free set up process
• 100% capital repatriation
• Range of business licenses – trade, professional (service), industrial, and commercial, and general trading
• Flexible office solutions
• Effective immigration, labor services, and visa support
• Regular update on the latest developments in regulations and compliance standards
• Located in the Jumeriah Late Towers region

DMCC Business Setup Process

• Consultation from Professionals

Hire a business setup consultancy service to analyze your needs and design a solution according to your business purpose. The services offered include registration of the business, PRO services, Visa, labor and immigration services, banking account opening support, and many more business setup formalities.

• Selection of Company Type

After finalizing the business activities, you need to choose the company structure type. There are three entity structure types:

• Free Zone Establishment
• Free Zone Limited Liability Company
• Branch of a Company

• Company Registration

You need to fill in all the necessary documents to complete the company registration process in the fastest possible time. A consultancy company can help take the burden off your shoulders.

• Leasing Business Premises

You need to lease a business location within the free zone. The Flexi desk is the minimum office rental in the DMCC free zones. You will be able to find a wide range of commercial business facilities within DMCC.

• Receiving Business License

After selecting and finalizing the business location, you are done with the company registration. Business set up firm can provide you company incorporation documentation, including a trade license, certificate of incorporation, and Memorandum of Articles and Association.

• Corporate Bank Account Opening

You will be eligible to open an account in a corporate bank. The business set up consultancy can ease the process of opening a corporate bank account for you.

Company setup in DMCC Free Zone is best for those who want to incorporate business within Dubai in a developed business community.