DMCC Company Formation

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DMCC Company Formation

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DMCC Company Formation

The Dubai Multi Commodities Centre (DMCC) is a commodities exchange and free-trade zone in the United Arab Emirates, located in the Jumeirah Lake Towers district of Dubai. Established in 2002, the DMCC operates in four main sectors: precious commodities (e.g., gold and diamonds), energy, steel and metals, and agricultural commodities (e.g., tea and cotton).

The free zone hosts over 21,000 companies, with nearly 200 new companies joining each month, making it an ideal choice for entrepreneurs seeking a thriving business environment.

Situated in the heart of JLT, DMCC is one of the most prestigious locations in Dubai. It offers convenient access to Sheikh Zayed Road and the Expo 2020 site, making it a prime destination for businesses to reach their potential.

Established in 2002, DMCC has become a central hub for companies trading various products. In just a few years, DMCC has achieved the highest number of company registrations, listing more than 11,000 companies. The DMCC free zone has significantly contributed to the development of trade and commerce in Dubai.

Advantages Of DMCC Company Formation

The Dubai Multi Commodities Centre (DMCC) Free Zone offers a host of advantages for businesses looking to establish or expand in Dubai.
It is strategically located in the heart of Dubai, providing excellent connectivity to major trade routes, airports, and ports. DMCC allows 100% foreign ownership, offering businesses complete control and flexibility without needing a local partner.
The free zone offers significant tax benefits, including zero corporate and personal taxes, along with full repatriation of profits, enhancing financial efficiency. It provides state-of-the-art infrastructure with modern office spaces and a robust telecommunications network, supporting a wide range of industries, including commodities, technology, and finance.
The DMCC is home to a thriving community of over 21,000 companies, creating ample networking and collaboration opportunities.
Additionally, it offers a business-friendly environment with streamlined setup processes and comprehensive support services, making it an ideal choice for both startups and established businesses.

Process

01

Choose Business Activity

Select the activities your business will conduct.

02

Select Company Structure

Decide on a Free Zone Company (FZC), Free Zone Establishment (FZE), or branch.

03

Register Company Name

3.Choose and register your company name with DMCC.

04

Prepare Documents

Gather required documents, such as passport copies, a business plan, and proof of address.

05

Submit Application

Submit your application and documents to DMCC for approval.

06

Lease Office Space

Select and lease office space within the DMCC Free Zone.

07

Obtain Business License

Receive your business license upon approval.

08

Open Bank Account

8.Set up a corporate bank account in the UAE.

09

Apply for Visas

Apply for residence and work visas for yourself and employees.

DOCUMENTS

3 -Optional Trade names of the company (on the basis of your preference)

Passports copy of Shareholder(s)

Visa page copy/entry page copy of shareholder(s)

Visa page copy / Entry page copy of Manager

List Of Activities

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One year Visa Package

License Fees

AED

35,484

Basic Biz Package

DMCC company licence
Save on office space costs with special flexi desk options (eligible for one UAE residency visa)
Complimentary true copy of the resolution
Tailored package for individual shareholders (not for branches and subsidiaries)

License Fees

AED

43,780

Jump Start Package

DMCC company licence
Standard flexi desk or co-working space (eligible for three UAE residency visas)
One UAE residency visa included in package price
Complimentary true copy of the resolution

License Fee

AED

38,145

Prime Plus Package

DMCC company licence
Complimentary true copy of the resolution.
Complimentary office operational fitness certificate.
Fast-track company setup and discount on company setup fees
Pay in two instalments for the three-year package option
Extended provisional approval validity – 180 days instead of 90 days
Guaranteed price freeze on licence renewal and 20% discount on additional business activities

Multiple year Package

License Fee	Jump Start Package	Prime Plus Package
Two years	81,881 AED	-
Three Years	120,000 AED	76,100 AED

License Amendment Fees

Sr.No.	Description	Fees
1.	Amendment of address	1,515 AED
2.	Amendment of changing name of company	1,515 AED
3.	Amendment of activity	1,515 AED

Terms And Conditions Of Freezone

All charges are expressed in UAE Dirhams. All charges are subject to AED 20 Knowledge and Innovation Dirham fees.
Charges for any services not mentioned in this schedule will be available on request.
All fees and charges mentioned in this schedule are subject to change by DMCC without prior notice. Any updates to the schedule will be published on this page.

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