DMCC Company Formation

Introduction: 

The Dubai Multi Commodities Centre or the DMCC free zone is one of the best free zones in the world. It was established in the year 2002 by the government to increase its GDP and to attract more foreign investments. The Dubai Multi Commodities Centre serves as a global commodity trading hub and has been crowned five times as the Global Free Zone of the year.

The government permits DMCC free zone company formation for a wide range of companies from various sectors. There are currently 17,500 business entities functioning in the DMCC free zone.

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 : support@kgrnaudit.com

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. 

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 : support@kgrnaudit.com

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:

  • Gold
  • Diamond
  • Coffee
  • Tea
  • Spices
  • Agricultural products
  • Base metals

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

  • Technological services
  • Agricultural and fishing
  • Oil and gas
  • Law firms
  • Event organizers
  • Accounting and auditing firms
  • Health care
  • Educational institutions
  • Tourism
  • E-commerce
  • Construction 
  • Real estate
  • Media
  • General trading 
  • Consultancy service providers

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 : support@kgrnaudit.com

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. 

Process of DMCC Freezone company formation: 

The steps involved in DMCC company formation are as follows:

Step:1 Choosing your type of business.

The first step in setting up a company in DMCC Dubai is choosing the type of business. As you would have known by now, the DMCC free zone permits many business activities. So, if you are planning to start a new business, consult professionals before deciding its sector.

Step:2  Choosing your license type.

The DMCC free zone provides the following type of licenses:

  • Trading license:

This license permits you to carry out activities like importing, exporting, storing, and distributing goods.

  • Industrial license:

This license permits you to carry out activities like manufacturing and production of goods.

  • Service license:

This license is necessary to provide consultancy, accounting, auditing, and other types of services.

  • Commercial license:

This license allows you to trade permitted goods in the DMCC commercial zone.

  • Branch license:

This license allows you to set up the branch of an existing foreign company in the DMCC free zone.

Step:3 Submitting your online application.

Once you’ve decided on your business type and license type, you can submit the online application for DMCC registration. The application form will cost around AED 1035.

Step:4 Submitting the required documents.

Once your company name is reserved, pay the required amount, and submit the documents for approval.

Step:5  Choosing your office space.

After getting your business incorporated at DMCC and getting an E-license, select your office space based on your preferences.

Documents required:

The following are the documents required for DMCC registration:

  • Copy of your passport
  • Copy of documents of the parent company 
  • Online pre-approval application form
  • Proof of residence
  • Third-party approval for certain domains
  • Your business plan
  • Address of your office space
  • NOC from sponsors
  • Copy of UAE visa

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 KGRN?

KGRN is a reputed organization in the UAE, providing legal services. We help you with DMCC Freezone company formation. Our team of professionals helps you with company formation in DMCC Dubai at an affordable price. We also provide you a range of other services besides DMCC registration.

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 : support@kgrnaudit.com

Frequently asked questions:

  1. Is the DMCC business license renewable?

Yes, you can renew your trading license after the end of its validity period. About 94% of the companies in the DMCC free zone renew their licenses.

  1. What are the prices of various licenses?
  • 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 AED 32,140
  1. What visas does the DMCC free zone provide?

The DMCC free zone provides the following types of visas:

  • Employment visa
  • Dependents residence visa
  • Business visit visa
  1. How long will it take for company formation in DMCC Dubai?

It usually takes around three to six weeks to complete the entire process of DMCC registration based on the accuracy of the documents you’ve provided.

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

The minimum share capital required depends on the type of business. It is around AED 50,000 for service or commercial trading license and around AED 1 Million for general trading activities.

For enquires call @ +971 45 570 204 / Email Us : support@kgrnaudit.com



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