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Why Setup a Dubai Multi Commodities Centre Free Zone (DMCC) ?

Awarded the Global Free Zone of the Year for 8 years in a row by the Financial Times fDi magazine, Dubai Multi Commodities Centre Free Zone (DMCC) houses more than 21,000 multinational corporations and start-ups, 95% of which are new to Dubai. Looking to setup a new venture or expand your business? Choose to do it in the world’s most dynamic centre for global trade and experience world-class business services, connections and infrastructure. Speak to our DMCC free zone company setup consultant and understand the numerous benefits of DMCC Free Zone Company Setup.

Skwer Group Experts will guide you through the company formation in DMCC process from start to finish!

Benefits of a DMCC Free Zone Company ?

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Simplify Your UAE Business Setup: License Categories and Activities in DMCC Free Zone Company

DMCC Free Zone offers a diverse range of license types tailored to meet different business objectives:

Flexibility in Business Activities:

DMCC Free Zone provides a platform for various business activities. The available activities encompass a wide spectrum:

  • Commodities Trading
  • Consultancy Services
  • Manufacturing
  • Jewelry Trading
  • Information Technology Services
  • Food & Beverage
  • Healthcare Services
  • and more

Innovative Flexi Desk Option:

DMCC’s Flexi Desk allows you to establish your business presence without the need for physical office space. This streamlined approach enhances cost efficiency while ensuring compliance with DMCC regulations.

Adding Value through Specialized Services:

DMCC’s comprehensive ecosystem offers various specialized services, including access to financial services, networking opportunities, and business support.

Post-Licensing in DMCC Free Zone License

Upon obtaining a DMCC Free Zone license, certain post-licensing obligations come into play. These include:

  • Fulfilling annual fees: AED 10,000 for service licenses and AED 20,000 for trading licenses.
  • Submitting annual reports to DMCC authorities.
  • Maintaining a physical presence within DMCC.

Rest assured, DMCC’s seasoned professionals are on hand to guide you through post-licensing compliance, ensuring a seamless and successful business journey.

Quick & Easy Company Setup Process

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Business Licenses Offered by DMCC Free Zone

Free Zone Business License Oil-and-gas

Oil & Gas Consultancy

License for all oil and gas activities.

Management

Management Consultancy

License for providing services in management consulting.

Free Zone Trading License

General Trading

License for import, export, storage, and distribution.

Free zone in UAE - Marketing

Marketing Services

License for marketing activities.

Free Zone Education License

Education & Training

License for services offering training and education.

Types of Ownership

01

Limited Liability Company (LLC)

LLC allows non-residents to own up to 49% of company shares. To establish an LLC, foreign investors are required to appoint a local sponsor or partner who holds the remaining 51% of shares. This arrangement permits business operations within the free zone area of registration and across the UAE.

02

Subsidiaries of local & foreign Companies

Limited liability company as a wholly owned subsidiary of a local or foreign company.

03

Branch of a Company

A Branch denotes an extension initiated by a parent company within DMCC Free Zone, featuring complete ownership by the parent company and governed by its name and activities.

Main Characteristics of a DMCC Free Zone Company Setup

CharacteristicDescription
Company Legislation Under the Rules and Regulations of the DMCC
Name Will be ended with suffix DMCC
Time to Incorporate Three to four weeks
Possibility of Migration No
Tax Rate Nil
Shareholders Minimum 1 and maximum 50 (individual or corporate)
Share CapitalThe minimum share capital is AED 50,000 per company and AED 10,000 per shareholder. If a Managing Director visa is required, the capital needs to be a minimum of AED 60,000 per shareholder.
Bearer SharesNo
Registered SharesYes
Redeemable SharesThe Company may not directly or indirectly acquire its own shares unless expressly permitted to do so by the Authority
Par share valueAED 1,000
Beneficial Ownership DisclosureBeneficial Owners, Shareholders, Directors and Manager details are provided to DMCC but no public disclose of information available
DirectorsMinimum 1, Maximum 6 (only individual)
Residency RequirementsNo
Local Presence RequirementsNo
Availability of Shelf CompaniesNo
MeetingsYes (can be held anywhere in the world)
Annual General MeetingsYes
Annual AccountsYes (accounts must be audited)
Are Accounts FiledYes
Audit RequirementNo
Share Transfer DutyYes
Registered Office RequiredYes (flexi or physical office is a must)
Exchange ControlsNo

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DMCC Free Zone

Documents Required for Company Formation in DMCC Free Zone

Requirements:Status
A properly and completely completed application formYes
A copy of your passport, Emirate ID and UAE residence visaYes
An overview of the company’s planYes
An office address in DMCCYes
If you’re applying for a business visa, provide a copy of the parent company’s paperwork (in the case of a branch)Yes

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By submitting this form, you agree to the Terms and Privacy Policy of Skwer Group. I consent to Skwer Group collecting my name, email address and phone number and contacting me either by the email address or phone number supplied.