Dubai Multi Commodities Centre (DMCC) is world’s fastest-growing free zone and has been ranked as world’s No. 1 Free Zone. It was established in 2002 to enhance commodity trade flows through Dubai and continues to play a major role in positioning Dubai as the preferred destination for global commodities trade.
DMCC is a waterfront master development, spanning 500 acres, utilised for various commercial, residential and retail purposes. More than 15,000 companies call DMCC home ranging from multinational corporations to start ups. DMCC provides a community comprising of more than 90,000 individuals who either work or live in Jumeirah Lakes Towers (JLT)
Location:
Dubai Multi Commodity Center (DMCC) Free Zone, Jumeirah Lakes Towers, Dubai, (U.A.E.)
Proposed activity:
Trading/Service activities can be carried out in DMCC Free Zone
License available:
Commercial trading/General trading & Service license are available options for DMCC Company Setup
Type of entities:
DMCC (single or multi shareholders with limited liability) and Branch
Shareholder:
Shareholder for DMCC Company Can be Individuals or Corporate entity (maximum 50)
Director:
Individuals only (Minimum one. Shareholder can also be Director)
Share capital:
AED 50,000/- (50 shares of AED 1,000/- each) for DMCC Company Setup (General Trading: AED 1 Million/- & AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)
Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.
Audit:
Annual audit report to be filed in DMCC (licensing authority)
Estimated time:
3 to 4 weeks to obtain trade license of the company and register a company in DMCC
Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.
DMCC Company Setup Process:
Documents Required for DMCC Company Registration:
The documents required for business set up in DMCC depends on whether a shareholder is individual or corporate entity. Basic requirements are
To know more about the complete requirements for company formation in DMCC Free Zone call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com
DMCC Company Setup begins from 52,000/-
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DMCC Free Zone.
Other Notes for DMCC/JLT Free Zone Company Formation:
Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in DMCC Free Zone. Our company acts as a one stop solution for DMCC company incorporation services.
If you are looking for DMCC company setup, please get in touch with us for professional assistance
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DMCC Free Zone.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.