Company Formation Dubai Multi Commodities Centre
Dubai Multi Commodities Centre (DMCC) is free zone for commodities industries including gold, diamonds, precious stones and precious metals. It is a dedicated market place of commodities that facilitates and integrates the entire value chain of the sector. DMCC supports commodities industry and support services with great many incentives.
Key benefits of Dubai Multi Commodities Centre offshore company formation
- 100% business ownership.
- Guaranteed 50-year tax holiday on personal and income taxes.
- Custom-built infrastructure made available on a freehold or leasehold basis.
- Single window point for processing documentation including immigration, registration and licensing.
Benefits to Traders and Borrowers
- Access to finance against inventory for collateral.
- Support to raise additional funds to support seasonal stock build-up.
- Facilitates start-ups to find funds.
- Gets to easily monitor stock movements.
- Facilitates better managing of your working capital.
- Helps explore trading opportunities and title transfers online.
Benefits to Lenders and Financial Institutions
- Facilitates using a standardized commodity trade finance tool.
- Can mitigate credit risk for value of the collateral.
- Can improve Risk Adjusted Return on Capital.
- Can eliminate risk of multiple borrowings against same goods.
- Can control possible loss in case of flight of the borrower.
- Can use Islamic structures as it allows easy title transfer.
- Can reduce legal and transactional costs.
- Can resort to inbuilt contingency procedures in case of a need.
Warehouses, Vaults & Collateral Managers
- Can use DMCC as a marketing tool to attract clients who are in need of financing.
- Gets the benefit of a transparent and robust legal framework for issuing warehouse receipts.
- Facilitates expanding Collateral Management offerings in the region through GMR.
- Gets to explore business opportunities within the GMR user group.
Benefits to Assayers & Testing Agencies
- Provides assaying services to GMR users.
- Quality certification opportunities within the GMR user group.
- Greater business opportunities.
GBS helps you with your company incorporation requirements at DMCC.