Dubai Multi Commodities Centre Free Zone
Dubai Multi Commodities Centre Free Zone
Prices starting from AED 26,020 | Average business setup timeframe 4 weeks
About Dubai Multi Commodities Centre
DMCC (Dubai Multi Commodity Centre) – Located in Jumeirah Lakes Towers and specially built for trade, DMCC provides all you need to start, grow, and expand your company. The Financial Times magazine has decided to name DMCC three times as the Global Free Zone of the Year, so it is home to a vibrant community, inventive infrastructure, global services, and a stunning selection of characteristics, within just minutes of outstanding air, sea, and road links to the rest of the globe. Dubai is the ideal center for all the Middle East’s financial, economic, and cultural activity. The Dubai Multi Commodities Centre (DMCC), the world’s top free trade zone, is among the city’s several free zones.
It has transformed into a major commodity hub, servicing not only the Middle East but also the rest of the globe. DMCC is unlike any other Dubai Free Zone, yet it has plenty of promise again for the retail and commercial sectors.
The Dubai Government launched DMCC in 2002 as a strategic initiative to develop a marketplace as well as the required physical and financial resources to accommodate a vibrant commodities market. Currently, the DMCC free zone is home to nearly 12,000 active enterprises, including commodities and other sectors of the economy.
Benefits of company formation in DMCC
The facilities and benefits of DMCC’s free zones meet all of the demands and requirements of all sorts of commercial operations around the world. Standard and Poors have given DMCC a rating. Running a business in DMCC will not only provide your company a fantastic brand name, but it would also give you lots the following benefits:
Business ownership is 100 percent foreign. In the next 50 years, you would be immune from all company and corporate income tax. 100% repatriation of capital and earnings retention for just a number of diverse operations, simple license methods exist. Office setups that really are plug-and-play At competitive rates, offices may well be leased or gone soon. All visa and work permit requirements will be met by immigration services. Events, workshops, and exhibitions explore options for interaction.
Standards of conformity and trade regulations Education is needed at regular intervals to maintain that you are up to date on the most recent developments in the legislative structure. Commodities such as gold, diamonds, and exchange commodities are accessible for trade. Both investors and companies may benefit from such profitable investment opportunities. There are no monetary limitations. A corporate environment that is both regulated and secure
Business Activities in Dubai Multi Commodities Centre Free Zone
The Dubai Multi Commodities Centre creates a supportive atmosphere for a wide range of business operations, and also a great deal for all companies.
Trading License
Almost all product kinds can be imported, exported, transferred, consolidated, and preserved.
Service License
Allows you to carry out the service or consulting activities that the license specifies.
Industrial License
Allows the light production operations listed in the license to be carried out.
Branch Company
Allows an existing business to establish a branch and serve customers in the DMCC free zone. Companies also can apply for various business licenses that really are permissible and suitable for their industry.
- Free Zone Establishment (FZE)
- Free Zone Limited Liability Company (FZ-LLC)
- Branch of a Company
