DMCC Company Formation in Dubai

The Dubai Multi Commodities Centre (DMCC) free zone is a global hub for business, trade, and commerce, attracting companies of all sizes from around the world. But what kind of business activities can you actually set up in the DMCC free zone?

This blog section will give you a comprehensive overview of the diverse range of business activities permitted in the DMCC, allowing you to explore the exciting possibilities this free zone offers.

DMCC Freezone Key Sectors and Activities:

• Trading and Commodities: Import and export of goods, precious metals and stones trading, and general trading activities like textiles and household goods.
• Food and Beverage: Establishing restaurants, catering services, and trading food and beverage products.
• Professional and Business Services: Management consultancies, advertising and marketing agencies, human resources and financial consultancies.
• Technology and IT: Software development, data centers, and IT service providers.
• Healthcare and Pharmaceuticals: Trading medical equipment and pharmaceuticals.
• Real Estate and Property: Real estate brokerage and property development.
• Construction and Engineering: Civil engineering, architectural services, and construction companies.
• Many more: The DMCC also caters to a wide range of other sectors, including education, media, and personal and community services.

Beyond this broad categorization, the DMCC offers a staggering number of specific business activities to choose from. To get a complete picture, it’s recommended to explore the official DMCC website or consult with a business setup specialist in the free zone.

Benefits of setting up your business in the DMCC free zone:

• 100% foreign ownership: Unlike mainland Dubai, the DMCC allows full foreign ownership of businesses.
• Tax advantages: Enjoy significant tax benefits, including no corporate or income tax.
• Fast and efficient setup: The DMCC offers a streamlined business setup process, allowing you to be operational quickly.
• World-class infrastructure: Benefit from state-of-the-art infrastructure and facilities within the free zone.
• Access to a thriving business community: Network and collaborate with a diverse range of businesses from various sectors.

Whether you’re a seasoned entrepreneur or a startup looking for a launchpad, the DMCC free zone offers a wealth of opportunities to establish and grow your business. With its diverse range of permitted activities, attractive benefits, and supportive environment, the DMCC can be your gateway to success in the global marketplace.

KGRN, a reputed organization in the UAE, helps you with company formation in DMCC Dubai at an affordable price. Our team of professionals specializes in DMCC  company formation and are always ready to assist in every step.

For enquires call @ +971 45 570 204 / Email Us : [email protected]

Why DMCC?

The Dubai Multi Commodities Centre is at the heart of Dubai at the center of the Jumeirah Lakes Towers district. It spreads over a vast area of over 200 hectares. One of the advantages of DMCC company formation is its strategic location.  Recognized as the world’s leading free zone for eight consecutive years by the Financial Times, the DMCC is a hub for innovation and growth. Their focus on constantly improving business services and infrastructure positions Dubai as a crucial gateway to Middle Eastern trade across various commodities. By setting up your business here, you’ll experience the unparalleled benefits of operating in the world’s most rapidly expanding free zone.

The DMCC free zone has world-class infrastructure and a wide range of properties to set up your business. Most investors prefer company formation in DMCC Dubai owing to the region’s direct sea, air, and road links. The process of DMCC registration is also simple. 

The Dubai Multi Commodities Centre is a unique combination of a free zone, commercial space, and residential property. It provides a gateway for trade and is a global commodity trading hub.

For enquires call @ +971 45 570 204 / Email Us : [email protected]

Process of Setting Up Business in the DMCC Free Zone

The Dubai Multi Commodities Centre (DMCC) Free Zone offers a smooth and efficient process for establishing your business, allowing you to focus on your core activities from the get-go. This guide outlines the key steps involved in setting up your company in the DMCC, empowering you to navigate the process with ease.

1. Pre-approval Application:

• Submit an online application through the DMCC website. This application gathers essential information about your proposed business activity and its structure.
• Choose a unique company name and select the appropriate business activity and legal entity type.
• Be prepared to provide supporting documents like your passport copy, proof of address, and business plan (if applicable).

2. Payment and Document Signing:

• Upon receiving initial approval, you’ll need to complete the necessary payments:
  • Initial application fee (around AED 1,035)
  • Registration and license fees (vary based on chosen activity and license type)
• Then, proceed with electronically signing the required legal documents:
  • Board Resolution appointing your manager/director
  • Power of Attorney for your manager/director (notarized and attested)
  • Memorandum and Articles of Association (notarized and attested)
  • Specimen signature of your manager/director (notarized and attested)
  • Passport-size photo of your manager/director
  • Share capital information

3. Choose Your Office Solution:

• Once the above steps are complete, you can choose the office space that best suits your needs.
• The DMCC offers a variety of options, including flexible workspaces, serviced offices, and dedicated office suites.

Business activities in the DMCC free zone:

The Dubai government permits DMCC company formation for a wide range of companies from various sectors. 

Some of the commodities traded in the DMCC free zone are listed here:

Besides this, the DMCC free zone permits DMCC Freezone company formation for the following type of organizations:

The free zone permits almost every business activity. So, consult a professional before starting the process of DMCC free zone company formation.

For enquires call @ +971 45 570 204 / Email Us : [email protected]

Company formation in DMCC Dubai:

The process of DMCC Freezone company formation is easy and uncomplicated. You can complete the process of DMCC registration using their online portal. 

Document Requirments Details for Setup a Company in DMCC Freezone:

The following are the documents required for DMCC registration:

Advantages of company formation in DMCC Dubai:

You can avail of many benefits form a DMCC Freezone company formation:

• One of the advantages of DMCC company formation is its strategic location.
• The free zone provides 100% exempt from corporate and personal taxes for 50 years.
• The DMCC free zone has world-class infrastructure, pre-built office spaces, and spacious warehouses. 
• The process of DMCC registration and obtaining permits is simple and easy.
• The DMCC free zone provides 100% foreign ownership facilities.
• The free zone permits almost every business activity and provides flexible solutions.
• The free zone has an online portal for DMCC company formation and almost every other service.
• It provides networking opportunities by regularly conducting workshops and events.
• It provides direct links via air, sea, and road.

Why Choose KGRN?

KGRN is a reputed organization in the UAE, providing legal services. We help you with DMCC Freezone company formation. Specific legal and regulatory requirements may apply depending on your chosen business activity. It’s recommended to consult with a business setup specialist familiar with the DMCC free zone to ensure you meet all necessary requirements.

Here are a few reasons why KGRN makes a perfect choice:

• We are committed to bringing 100% customer satisfaction.
• Our services are affordable and reasonably priced. You can select a plan from the range of options available.
• Our team of best financial advisors Dubai provides timely service.
• Our services are transparent, and there are zero risks involved.
• We maintain 100% confidentiality. All your private details are encrypted during transactions to avoid privacy breaches.
• We are available 24/7 to clear your queries and assist you.

For enquires call @ +971 45 570 204 / Email Us : [email protected]

Frequently Asked Questions:

Is the DMCC business license renewable?

Yes, DMCC business licenses are renewable after the end of their validity period. In fact, approximately 94% of companies within the DMCC free zone choose to renew their licenses.

What are the prices for various licenses?

Here’s a breakdown of the costs for different license types:

• General Trading License: AED 84,165
• Consultancy/Service License: AED 34,160
• Trading/Commercial License: AED 34,160
• Industrial License: AED 34,160
• Branch Company License: AED 32,140

What types of visas does the DMCC free zone offer?

The DMCC free zone offers the following visa options:

• Employment Visa
• Dependents’ Residence Visa
• Business Visit Visa

How long does company formation in the DMCC Dubai take?

The company formation process in the DMCC Dubai typically takes around three to six weeks, depending on the accuracy and completeness of the documents you submit.

What is the minimum share capital required to set up a company in the DMCC free zone?

The minimum share capital requirement varies depending on your chosen business activity. Generally, it’s AED 50,000 for service or commercial trading licenses and AED 1 million for general trading activities.