DMCC provides huge amount of exposure to each company that is set up with it. This is done in a two-fold manner that aims to facilitate networking and training.
Talking about networking first, the concept is simple. The people you meet is your potential audience. This audience can either be your potential customers or they can be somebody who can help you in your business. DMCC currently is a home to more than eighteen thousand (18,000) registered companies that employ over one lakh (1,00,000) employees.
The massive exchange of information and ideas within this network will only lead the growth of your Dubai Multi Commodities Centre Company. Further, to better educate businesses, the DMCC holds monthly educational events and workshops that helps investors and employees better run their businesses.
DMCC has introduced a knowledge series program that gives valuable insights to constructing a successful business at the free zone. The perfect blend of networking and training at DMCC is designed to benefit your business.
The jurisdiction is known for offering packages tailored to suit the needs of anyone looking for competitive pricing to set up a DMCC free zone company.
Text us on WhatsApp or call us today to set up your business as we offer all required services for a company setup in DMCC Free Zone.
This license generally allows the company owners to buy, sell, resell and exchange different products and commodities.
DMCC’s services license allows business owners to provide various kinds of business or professional services. These services can either be provided business to business or business to customer.
The businesses set up in DMCC can register as subsidiaries, branches, and limited liability corporations of domestic and international businesses.
The laws of the land, the rules of the Free Zone, the DMCC, and other regulations apply to all registered enterprises. Any necessary changes to the foregoing will be applied from time to time.
With the exception of branches, all business forms shall have a minimum of one director and a maximum of six.
Yes, it is required. The available properties are listed below:
No, it must be located inside Jumeirah Lakes Towers (JLT) DMCC Free Zone as sDMCC businesses are often prohibited from operating outside of the free zone unless they acquire the required licenses and permits from the appropriate authorities.
DMCC Free Zone businesses benefit from a variety of other UAE government-related services, including a large selection of reasonably priced real estate options, 100% foreign ownership, 0% corporate and personal tax for 50 years, and an easy setup procedure.
Are the persons or companies in DMCC subject to any income or corporate taxes?
In the Free Zone DMCC, there is no income or corporate tax for people or businesses. This is valid for 50 years after the company's registration date.
Updates are required for the following corporate documents:
The legalized and notarized Certificate of Incumbency, or the list of officials or authorized signatories, needs to be updated every year.
Any registration amendments may be applied for by a DMCC Company provided they have a valid license.
Yes, given that the POA expressly states that the holder of the POA is permitted to transfer the shares to themselves.
Yes, DMCC gives the bank a letter of release permitting the company to use the funds.
You can conduct business outside of the UAE with a comparable setup and MCC license.
Selling your items to an LLC in Dubai might serve as a distributor if you want to operate within the UAE mainland. This is done after paying the customs duty for the goods. Additionally, you are permitted to establish a DMCC firm branch on the mainland and engage in the activities listed in your license.
AED 50,000 is the minimum share capital required to setup a business in the DMCC Free Zone.
