About Dubai Multi Commodities Centre
Dubai Multi Commodities Centre (DMCC) is the fastest-growing free zone in the world. Established in 2002, DMCC was created with the purpose of fostering international trade. A truly global free zone, DMCC represents over 180 countries and promotes trade across a number of international commodities, including precious metals, food, and industrial materials. Located in the heart of Dubai, DMCC is home to over 18,000 companies ranging from large scale multinational organizations to startups. Business set up in DMCC Dubai is a lucrative option because the free zone provides a conducive environment to businesses across the globe and provides a range of facilities such as the required infrastructure, useful office solutions and several networking events throughout the year.
Why Choose DMCC
Strategic location with easy
access to Sheikh Zayed Road
and public transport facilities
Range of business activities and licenses available
Numerous networking opportunities with like-minded individuals through events and seminars
100% foreign ownership and repatriation of capital
Corporate and income tax exemptions
A range of office solutions including Flexi, virtual, and permanent offices
Purpose-built infrastructure built for all kinds of commercial activities
Immigration services including visa renewal
Certain DMCC registered businesses can operate onshore as well
Types of licenses for DMCC
General trading – Allows the import, export, and distribution of a large range of products.
Commercial – covers all trading and commercial activities speciﬁed by the license.
Service – Allows companies to conduct speciﬁed professional services.
Industrial – Required by companies involved in industrial activities.
Types of business structures
FZ Limited Liability Company
- A minimum of AED 50,000 share capital is required.
- Shareholders can be an individual or a corporation.
Branch of a local or foreign Company
- Business activities of the Branch must be similar to the parent company.
- No minimum capital requirement
DMCC company set up in three easy steps
At LegalWorks we will assist you in every step of the DMCC company formation process from the documentation collection for initial approval to payment of registration and license fees. We hope to make the entire process easy and straightforward for you.
1. Apply for initial approval
Our team of specialists will take you step by step through the initial approval process. We will assist you in determining the company structure and license needed according to your business activity. Once this is decided we will help you select and register the company tradename. Our team will assist you in navigating through all government regulations regarding tradename registration to prevent any setbacks in the incorporation process. To get the initial approval companies must submit the required documentation and registration fee.
2. Submit your online application
Once you have received the initial approval, then the license registration process for the DMCC company set up can begin, and the required documents submitted. The documents needed for a license in DMCC include Memorandum and Articles of Association, a comprehensive business plan, passport, Emirates ID and Power of Attorney.
3. Payment and collection of license
Our team will assist you in the payment of the license fees. The cost varies according to the license type. Generally, a trading license is more costly, around AED 50,00 per year as it covers a wide range of business activities. While commercial and service licenses cost AED 20,000. Once the payment is processed, you will receive your license and can begin running your business
After receiving the license, you can begin the visa process and rent an office space for your newly formed company. DMCC has a range of office solutions for its investors. For example, companies can rent a Flexi desk for approximately AED 18,000. Similarly, several office spaces are available for rent ranging from AED 30,000 to AED 80,000 per year. Our team can take you through all office options available and help you choose the right one for your company and number of employees. DMCC also offers visas to dependents and family members of investors.
|Type of office||flexi desk||office for lease||office for sale||business centre||retail shop|
|office size||20-30sq.m||50-250sq.m||50-250sq.m||over 20sq.m||110-350 sq.m|
|yearly cost||AED 18,000||AED 80 /sq.m||AED 700/ sq.m||AED 50,000||AED 200,000|
Cost of company set up in DMCC
Team up with LegalWorks for easy DMCC company registration. We will assist you in all steps of the incorporation process including the documentation collection and payment of fees
|Initial application fee||AED 1035|
|Registration fee||AED 9020|
|General trading license||AED 50,000|
|Commercial license||AED 20,000|
|Industrial license||AED 20,000|
|Service license||AED 20,000|
|Employment visa (3 years)||AED 3360|
|Establishment card||AED 1800|
|Memorandum of Association (MoA)||AED 2020|
|Medical Test & Emirates ID||AED 1,230|