Company Setup in Dubai Multi Commodities Centre (DMCC) Freezone

Setup your company in Dubai Multi Commodities Centre (DMCC)

Now discover DMCC the world’s No.1 Free zone and centre of worldwide trading. Here in the core of Dubai, at the centre of Jumeirah Lakes Tower area, one of the most prestigious locations in Dubai, you will discover all you have to live, work and flourish. It has a simple access to Sheik Zayed Road, situated in close region to Jebel Ali port and new DWC airport. It is just 45 minutes drive from Abu Dhabi. Have 2 metro stations. It was formed in 2002 and turned into a center point for companies managing products trading such as precious stones, gold, tea, pearls, and others. Nowadays it has more than 9 000 organizations permit holders. More than 94% of them reestablish their licenses each year.

DMCC has everything to setup, it’s totally made for trade and to develop and construct your business. It has been delegated three times as ‘Worldwide Free Zone of the Year’ by the Financial Times fDi magazine. It’s a home to an energetic group, world class administrations and inventive framework, a stunning choice of properties all minutes from excellent air, sea and road connects to the world. Offering endless open doors for worldwide development, find DMCC, where business meets the world. Branches, subsidiaries of local and foreign companies and LLC can be registered with DMCC freezone.

Location: DMCC Free Zone is situated at Jumeirah Lakes Tower (JLT), Dubai, (U.A.E.)
Allowed activity: Trading, Service and Retail outlets related to commodities sector can be carried out at DMCC
License available:  Trading or Service permit can be gotten for DMCC Company Formation
Types of entities: DMCC (Single or Multiple shareholders with limited liability), branch, subsidiary or joint venture (JV)
Shareholder: Shareholder for DMCC organization can be people or corporate element
Director: Director for DMCC Company can be Individuals only
Audit: Audit report must be submitted to DMCC authority at the time of license renewal
Renewal: DMCC company license has to be renewed on annual basis. If license is renewed after expiry date penalty is charged by DMCC authority

The key advantages of DMCC Company Formation are as per the following:

• 100% foreign ownership
• 100% capital and benefit repatriation
• No personal income tax
• No corporate and service tax
• Taxation, Ownership, Repatriation advantage