DMCC - Freezone
DMCC-Dubai Multi Commodities Centre
Established only two decades back in 2002, The Dubai Multi Commodities Centre (DMCC) is one of the fastest growing UAE Free Zones and the most dynamic center for global trade. It received the ‘Global Free Zone of the Year’ award from the Financial Times FDI magazine not one but three times consecutively from 2015 to 2017 . DMCC is strategically located in the heart of Dubai in the beautiful lake-front development called the Jumeirah Lakes Towers. It is opposite to Dubai Marina and within easy reach from Jebel Ali Sea and Air Ports and the Logistic Corridor.
DMCC registers and licenses companies with various business activities and offers three types of licenses that includes following categories:
- Trading
- Service
- Industrial
The Process
The process is easy and can be done in 10 working days usually.
- Discuss the business activities to get information regarding the license and expenditure. You will be given a portal account on which to send the online application.
- Application fee of AED 1,035 will have to be paid to submit the application. DMCC manages the company name reservation as well as compliance approval.
- After you sign all the documents and pay the registration and license fees, DMCC will issue a provisional approval and bank letter so you can open a company bank account for your new venture.
- Company setup is easy and because of the digital setup process you do not have to be physically present but can set up a company without visiting DMCC from anywhere in the world.
- Once you sign the documents and get the e-license you are ready to do business in DMCC.
Advantages
- Enjoy 0% Taxes
- Get 100% Business Ownership
- Get 100% Capital Repatriation
- Impressive Network and Incredible Opportunities
- Unrivaled business benefits because of liberal business policies
- Access to international market
- Vibrant Community and Quality Lifestyle
- Central Location
- Flexible Office Solutions