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  • Level 33, Prime Tower, Burj Khalifa Street, Business Bay

DMCC COMPANY FORMATION

The Dubai Multi Commodities Centre (DMCC) is one of the UAE’s largest and most prominent free trade zones, located in the Jumeirah Lakes Towers (JLT) district of Dubai. Established in 2002, DMCC has developed into a major global business and trading hub, with more than 21,000 registered companies as of 2022.

DMCC focuses primarily on four major commodity sectors: precious commodities, including gold and diamonds; energy; steel and other metals; and agricultural commodities, such as tea and cotton.

With its strategic premium business location, specialised infrastructure, and comprehensive business ecosystem, DMCC has established Dubai as an important global centre for commodity trading, finance, and international commerce.

DMCC provides flexible office space options, allows complete foreign ownership with easy global access and offers a safe and well-regulated business setup environment.

ADVANTAGES:

Access to Global Market

DMCC is located in the heart of Dubai, with close proximity to airports, and seaports. Effective immigration services, including visa support.

One-Stop Shop

DMCC is a one-stop shop for all business needs. It offers facilities and access to a world-class market, secure storage, trading and research services, world-class legal and financial advice firms, and an unrivaled logistics and transportation system.

With its diverse range of services and facilities, DMCC provides a member online portal to ensure a rapid response to any requests.

Tax and Financial Benefits

  • 100% foreign company ownership
  • No restrictions on capital repatriation and no currency restrictions
  • No personal income tax

LICENSES / ACTIVITIES:

Trading License

This license is for companies that buy, sell, import, and export goods from, to, and within the UAE.

Industrial License

This license is for companies that conduct light manufacturing in dedicated facilities within DMCC.

Service License

This license is for companies that provide services in the professional, legal, financial, media, technology, education, energy, and healthcare sectors.

BUSINESS SET UP PROCESS:

Choosing license type for business activity

Use the DMCC Business Setup Wizard to receive a tailored proposal and access to the online application portal.

Submit Online Application & Obtain Pre-Approval

Complete the online application, submit the required shareholder/company documents and pay the initial application fee. DMCC then conducts the name reservation, management and compliance review.

Pay Fees, Sign Documents & Arrange Office

Once approved, pay the applicable registration and licence fees, sign the incorporation documents and select an appropriate office solution within DMCC.

Receive E-Licence & Commence Business

Following completion of the registration and office requirements, DMCC issues the electronic trade licence (E-Licence), allowing the company to commence its approved business activities. The overall process typically takes around 10 working days, subject to documentation and approvals.

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