Dubai Maritime City Authority (DMCA)

Dubai, United Arab Emirates

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Official Name:

Dubai Maritime City Authority (DMCA)

Website:

http://www.dmca.ae

City:

Dubai

Country:

United Arab Emirates

Share Capital:

1,000,000 AED / 272,109 USD On paper only

Office Requirements:

Unconfirmed

PO Box:

Optional

Services (includes consultancy, etc.):

Yes

Trading (includes trading activity):

Yes

General Trading:

Yes

Audited Financial Reports:

Yes

Industry Focus:

Marine and related industries.

Cost of Setup:

9,375 AED / 2550 USD

Starting Cost of Renewals:

Visa Types

Type:

Residency

Time Duration:

3 years


Visa Time Duration Before Renewal Required:

Minimum Number of Visas Possible:

Maximum Number of Visas Possible:

Maximum Number of Shareholders:

Freelancer Option:

No

Office Presence is Mandatory:

Yes

Documents Required to Setup a Company :

  • Copies of the shareholders’ passports.
  • Information on the managers and directors.
  • The manager(s)’ CV(s).
  • A lease agreement for the office space.
  • The company’s articles of association.
  • The company’s certificate of registration, in the case of branch offices.
  • Power of attorney for the local agent carrying out the company registration process.

SUMMARY :

Dubai Marine City Authority was set up to provide an attractive investment environment to attract marine industry leaders from around the world and establish Dubai as a maritime hub. The 2.3 million square metre site is divided into six zones: The Maritime Centre, the Industrial Precinct, The Academic Quarter, the Marina District, the Harbour Residence, and the Harbour Offices. The Maritime Centre District is the free zone’s centre piece comprising eight waterfront developments and three in-land premises centred around a vast boulevard, home to hotels, restaurants and apartments.

The Industrial precinct is a hub for ship repair and yacht manufacture. It features numerous workshop units and 42 dry docks of various sizes. The Academic Quarter is home to the free zone’s academy which has the capability to provide for 1,300 students and runs programmes in marine engineering, marine transportation, and naval science, among others. The Marina District is a mixed-use area featuring hotels, restaurants, retail outlets, entertainment facilities and more. As their names suggest, the Harbour Residence and Harbour Offices are home to residential and office develops respectively.

Naturally, Dubai Maritime City Authority is ideally located for businesses in marine and marine-related activities. The free zone is near the creek area business district – between Port Rashid and Dubai Dry Docks. It also benefits from a comprehensive road infrastructure. The nearby E11 puts Downtown Dubai and Dubai International Airport within easy reach.