Dubai Multi Commodities Centre (DMCC)

Dubai, United Arab Emirates

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Official Name:

Dubai Multi Commodities Centre (DMCC)

Website:

https://www.dmcc.ae/

City:

Dubai

Country:

United Arab Emirates

Share Capital:

50,000 AED / 13,605 USD Paid upfront

Office Requirements:

Flexi

PO Box:

Unconfirmed

Services (includes consultancy, etc.):

Yes

Trading (includes trading activity):

Yes

General Trading:

Yes

Audited Financial Reports:

Yes

Industry Focus:

A wide range of trading and general trading, services, and industrial activities, including but not limited to: Agriculture, Fishing, Mining & quarrying, Manufacturing, Electricity, gas & water supply, Construction, Trading and repairing, Hotels and restaurants, Transport and storage, Financial intermediation, Education, Health and social work, Other community, social and personal service.

Cost of Setup:

From 20,000 AED / 5,442 USD

Starting Cost of Renewals:

From 20,000 AED / 5,442 USD

Visa Types

Type:

Residency

Time Duration:

3 years


Visa Time Duration Before Renewal Required:

Minimum Number of Visas Possible:

3

Maximum Number of Visas Possible:

Dependant on office space.

Maximum Number of Shareholders:

50

Freelancer Option:

Yes

Office Presence is Mandatory:

Yes

Documents Required to Setup a Company :

  • Specimen signature form for each (D/M/Sec/L).
  • Passport for each (D/M/Sec/L) and (Visa if holding a UAE residence visa).
  • Application for New Company (Subsidiary).
  • Board Resolution.
  • Memorandum & Articles of Association (MOA).
  • Certificate of Registration of the parent company or Extract from Chamber of Commerce.
  • Certificate of Incumbency.
  • Memorandum & Articles of Association of the parent company (MOA).
  • Standard Undertaking Letter.

SUMMARY :

Dubai Multi Commodities Centre – voted Global Free Zone of the Year in 2016 for the second year in a row – is home to over 13,000 companies, from multinationals to UAE-based startups. Almost every legitimate business activity can be found in the DMCC and its flexible office solutions – flexi-desk, serviced and multi-storey office blocks – make it a perfect fit for businesses of all sizes.

The free zone is particularly popular due to its quick and easy incorporation process. DMCC company registration is simple. The initial application can be completed online and business owners are only required to meet with officials once to sign the required legal documents. Complete set up usually takes a little over two weeks.

DMMC’s location is also a major selling point. Situated in the heart of Dubai, the DMCC is within easy reach of both of the city’s airports, as well as Jebel Ali Port harbour – one of the world’s busiest container ports – and the site of the upcoming Expo 2020.

The Dubai Multi Commodities Centre also has plenty to offer for those who like to both work and play. Aside from its world-class office space, DMCC is also home to a striking waterfront, beautiful community park and stunning 66-tower skyline – below which sits a bustling restaurant and hotel scene.