DMCC Company Formation
DMCC is the biggest and most rapidly expanding free trade zone in the UAE. It was created in 2002 by the Dubai government and serves as a business center for commodity-related enterprises. It received the title of “Global Free Zone of the Year” from The Financial Times FDI Magazine in 2015, 2016, and 2017.
This location is a popular destination for businesses as it offers liberal business policies, tax-free environment, and is located in a prime business district. With over 2,000 new companies registering annually, it plays a key role in connecting markets through trade, thanks to its proximity to major business centers.
Consider DMCC’s Free Zone for company formation in Dubai. It allows 100% expat ownership and permits profit transfer back home. DMCC offers numerous benefits for entrepreneurs seeking to build a successful business.
Companies we have worked with
Documents Required for Setting Up a Company in the DMCC Free Zone
- Passport Copy
- Emirates ID
- Proof of Residential Address in the Country of Residence
- HR Signatory Appointment Letter
- Board Resolution
- Power of Attorney
- Documents of Parent Company
- Articles of Association & Memorandum
Why Choose IMC for DMCC Company Formation?
Do your Registration from Anywhere
We are here to assist you with any queries and do the documentation for you
Streamlined and Simplified Processes
We’ve simplified and streamlined all the processes for you to make it quick and simple to get your company started
Transparent Pricing Model
We do not burden you with any hidden fees. There’s just one cost to get you up and running.
Dedicated Support
You can always get help and advice, our GRC tool helps us track deadlines.
Law and Regulatory Framework, About Mainland & Free Zone Business Activities, Taxation, Auditor and Accountants.
How IMC Can Help You Register a Business in DMCC, Free Zone in Dubai?
Dubai Multi Commodities Centre – DMCC Freezone
The Dubai Multi Commodities Centre (DMCC) is a strategic initiative of the Dubai government created to establish a commodity market place in Dubai. It is rated ‘A’ by Standard & Poor’s. It provides industry-specific market infrastructure and a full range of facilities for the gold & precious metals, diamonds & colored stones, energy and other commodities industries.
DMCC was the first UAE free zone authority to offer freehold business premises which comprises
- A 50-year holiday on personal and income taxes.
- Full foreign ownership of business.
- A one-stop shop facility for processing of all documentation including immigration and licensing needs.
Objectives of DMCC Freezone Company Formation
- Creation of a dedicated market place in Dubai.
- Increase the value and volume of commodities traded in and through the region.
- Facilitation and integration of the entire value chain of its key segments.
- Broaden the local market horizon e.g. Refining – Manufacturing – Trade.
- Create industry specific market infrastructure for its core segments, innovate new products and services.
- Provide a supportive business environment through purpose-built infrastructure.
- Promote regional industry growth.
- Enhance local industry through implementation of international standards.
Features of DMCC Freezone Company Setup
- Unique World wide centre Industry Clustering.
- 100% Business Ownership.
- Purpose built infrastructure.
- Ability to purchase premises.
- World class security systems.
- Single Window Clearances (incl. Licensing, Immigration, etc).
- Preferential freight rates.
- Guaranteed 50 year tax holiday on personal and income taxes.
- Regulated environment.
- No foreign exchange controls or barriers to entry.
- No restrictions on capital repatriation.
Types of Licenses For DMCC Company Registration
- DMCC License (commodity related only).
- JLT License (non-commodity related).
DMCC Company Formation - FAQ
Is DMCC tax-free?
DMCC businesses and individuals are tax-exempt for 50 years from inception as long as they comply with regulatory requirements.
What is a DMCC license?
A DMCC license is a type of business license issued by the Dubai Multi Commodities Centre. This license allows a company to trade and operate internationally and within the DMCC free zone authority. DMCC is one of the world's fastest-growing free zones for trading international commodities.
What is the cost of renewing a DMCC Free Zone License for a company?
Costs to renew DMCC free zone license depend on company structure, license type, and business activities.
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