DMCC is one of the best free zones in Dubai. It was established by the Government of Dubai in 2002, to promote commodity trade in the region. That is why the free zone includes all the physical and financial infrastructure needed for trading. DMCC is located in the heart of Dubai at Jumeirah Lake towers and has been titled as the “Global free zone of the year” by the Financial Times thrice. The free zone has almost 18,000 companies from startups, SMEs to medium and large corporations. DMCC company formation is quick and hassle free because the free zone offers a number of services that are designed specifically to facilitate the process. DMCC attracts a large number of foriegn direct investment and drives market policy.
100% ownership of business by foreigners and expatriates
No corporate or income tax
Multiple options for offices that can be leased, bought, and shared
A range of business activities and licenses to choose from
DMCC provides support with visas and residency within UAE
Networking opportunity with like minded community
Strategic location in the heart of Dubai
The first step for DMCC company registration is to choose your license type and business activity. The types of licenses available at DMCC include
Once DMCC approves of your company formation request, you will be provided with a portal account through which you can begin your application.
The second step for DMCC company set up is to submit the online application. The initial application form lets DMCC know the specifics of your business. The type of legal entity your company will take must also be determined. In DMCC you will find the option of setting two types of companies including;
At this stage investors are also required to submit a few documents such as a business plan and NOC if required.
After the initial application has been processed the last step is to apply for the relevant license. The license certificate normally takes 2 – 3 days to be processed. To apply for the license companies are required to submit a few documents and pay the license fee. The last step to set up your business is to choose an office space for your company. DMCC has the option of a flexi desk, office for lease or sale, business centre, and a retail shop.
Business set up in DMCC Dubai, especially for first time business owners can be a difficult and time consuming process. Our team is well equipped at managing the entire incorporation procedure. We can provide valuable assistance that will save you time and effort in the company formation process allowing you to focus on making your business a success.