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DMCC Free zone

DMCC Free Zonedmcc

Dubai Multi Commodities Centre is one of the fastest growing and largest free economic zone in the United Arab Emirates. It was established in 2002 as a strategic plan of the Government of Dubai in order to create a business hub for commodity related businesses.

Advantages of DMCC

  • Full foreign ownership of companies
  • No taxation (no personal income tax and no corporate taxes)
  • No duty levied for import/export
  • Centrally located in Dubai with two Metro Stations
  • Fastest growing Free Zone in the UAE
  • Flexible Office Solutions

DMCC License Types

General Trading License - allows to import, export, distribute, consolidate, and store almost all types of products (except for few types of products).

Commercial/Trading License – allows to import, export, distribute, consolidate, and store products that are specified in the license.

Service License – allows to carry out service or consultancy activities that are specified in the license.

DMCC Business Sectors

You can do a wide range of activities in DMCC in many sectors of business ranging from but not limited to Commodities, Agriculture, Mining, Fishing, Manufacturing, Trading, Consulting, Construction, Transportation, Storage, Hotels, Restaurants, Education, Healthcare, Social work, Financial intermediation, and other community, social and personal services.

Costs of DMCC Business Setup

DMCC COMMERCIAL TRADING/ SERVICE LICENSE

- Initial Approval & Trade Name

- License Fee (yearly)

- Registration Fee

-Memorandum Of Association (one time)

Auditors Appointment Letter (one time)

AED 33,040 - Minimum required share capital is AED 50,000 ( per one shareholder).
DMCC GENERAL TRADING LICENSE

 

 

 

- Initial Approval & Trade Name

- License Fee (yearly)

- Registration Fee

-Memorandum Of Association (one time)

Auditors Appointment Letter (one time)

AED 84,040 - Minimum required share capital is AED 1,000,000.
AMADLAW PROFESSIONAL FEES – AED 12,000

OFFICE OPTIONS

Flexi Desk (3 visa quota)

AED 17, 610/year

 

- Flexi-desk is a hot desk facility given in the Business Centre of the DMCC Free Zone and can be used up to 5 hours weekly for free of charge. Only three UAE residency visas can be obtained, if the company has Flexi-desk. If more visas are required, then the company needs to lease a permanent office in the free zone and one visa can be obtained for each 9 sq/mt. of the office.

 

- The Flexi-desk option is not available for General Trading License.

 

Physical Office for Lease

Starting from AED 90+ per sq.ft/year

 

 

 

 

 

DMCC Business Setup Timeline

It takes around 1.5 – 2 months to complete the registration of a company in DMCC after receiving the required documents and the fees. The residency visa process will take additional 2 weeks.