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Dubai Multi Commodity Centre (DMCC) is by far by one of the most reputable free zones in Dubai. It is one of the best areas where you could register your company. DMCC free zone is home to the Dubai Gold and Commodities Exchange and also to the Dubai Diamond Exchange. It also accommodates tea and coffee centers, which encourages agro commodities growth. Over 14000 companies have registered in DMCC free zone.
Dubai is one of the most attractive destinations for entrepreneurs, especially in free zones like DMCC. Setting up a company in DMCC free zone offers great investment opportunities for taxes and business environments.
The Dubai Multi Commodity Centre Authority permits two types of business setup
Limited Liability Company
Branch Company Setup
- Passport copies of the applicant
- NOC from the UAE sponsor
- Proof of residence
- Business plan proposal
How to set up a company in Dubai Multi Commodity Centre
- How to set up a company in Dubai Multi Commodity Centre:
- Decide on the type of company you wish to operate your business
- Plan the business activity that you are going to conduct
- Obtain additional DMCC business license
- Choosing the name of your company
- Applying for company registration
The business activities can engage in sale or trade of the below commodities
- Base Metals
Why should you set up your business in DMCC?
DMCC offers a variety of services to every stage of the business journey. It provides 100% business ownership and easy licensing procedures for multiple business activities. Setting up your business here will also help in networking opportunities like workshops, events, and exhibitions. It is a one-stop-shop for all business requirements.
DMCC, an ideal hub for financial, economic, and cultural activities in the UAE.
Dubai has many free zones out of which DMCC is the world’s premier free trade zone. It is grown as a commodity center for the whole world. It has a lot of potential and opportunities for the retail and commodity sector.
Dubai Multi Commodity Centre was established to create a premium environment for companies that are involved in commodity services. The major services that the companies can benefit from setting up in DMCC are the developed infrastructure, financial services, and real estate.
Benefits of business setup in Dubai Multi Commodity Centre
- Business activities in DMCC range from conventional trading,
- professional services to crypto commodities trading.
- Company renewal in DMCC free zone cost-effective.
- An annual audit is mandatory in DMCC free zone
- The visa will be valid for three years in DMCC free zone
- The companies incorporated in DMCC has various tax benefits.
- Cost-effective licenses
- Ownership of the property
- Easy to setup
- Multiples business activities.
To set up a business in DMCC, it is necessary to have in-depth knowledge of how to operate the business profitably. MSZ Consultancy will guide you in providing the best business solutions to run successfully.
Our management consultants will guide you to set up your business profitably for every type of company in the UAE. Contact us today!
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