The Dubai Multi Commodity Center (DMCC) is a renowned free zone in Dubai and is a superb investment break for overseas investors for those who wish to invest in Dubai since it offers boundless advantages. They can attain more business achievements because it's located very close to major commerce centres. Being the largest free economic zone in Dubai, it facilitates both business and community living by offering the commercial, residential and retail property for sale and lease. The free zone has online company setup services and facility to buy property for the company. In fact, DMCC registered companies can have modern offices at an affordable cost.
Since Dubai multi commodity center (DMCC) Free Zone is located on a logistics corridor, there is higher access to more shipping modes for delivering goods and products across the world. Hence it is the perfect place to set up your company quickly and develop your production beyond Dubai. DMCC provides online business registration process to register companies, issue licenses, provides visa and other associated government services and also supports new companies in obtaining value added services required to establish their businesses in Dubai.
Are you really serious to set up a company at this renowned free zone in Dubai?
Danburite Corporate can turn you to for free, confidential counselling. We can maneuver you around the obstacles to success. We provide a series of management and technical assistance services to help DMCC business setup in Dubai Multi Commodity Center. We have expertise in online company setup services who can guide you in online business registration process and finally acquire most modern offices at an affordable cost in Dubai.
The cheapest solution starts with 23500/- AED along with a flexi desk. However, the maximum expected time of incorporation will be around one month regardless of the timeline we have in place.
The registration process of the company can do through online portal. The activities such as gold trading, diamond trading and precious metal trading can do it here.
There are several business activities permissible in the DMCC Free Zone, making it a focal point for global commodity trade. The DMCC licensing authority offers three licensing options:
DMCC company formation is easy, efficient and quick in Dubai Multi Commodity Center, thanks to a business-friendly framework in place. The entire process can be navigated in two simple steps:
Client registration at DMCC free zone - You will be provided with DMCC Portal username and password.
Login to the DMCC portal and you will need to complete the application, enter all the required information and upload the relevant document followed by the pre-approval payment and then submit the application.
Dubai Multi Commodity Center mandates a set of documents for DMCC company formation. Ensure all the below-mentioned documents are in order to avoid delays and discomfort.
|Documents to be uploaded||Remarks|
|HR Signatory appointment letter||System generated a letter to be signed by the shareholders|
|Passport/Visa/Emirates ID Shareholder / Director / Manager / Secretary)||UAE residence visa is required if applicable|
|Proof of residential address from the country of residence Shareholder / Director / Manager / Secretary)||Valid tenancy contract or utility bill (Not older than 6 months)|
|Consultants appointment letter (Optional)||This is mandatory only if the consultant is acting on behalf of the company|
|Power of attorney (Optional)||An attested POA will be required if any of the (shareholder / Director / Manager) wishes to grand their signing powers to the other on their behalf|
Dubai Multi Commodity Center requires an upfront investment for DMCC business setup, amounting to AED 35,140 (equivalent to 9,5700 United States Dollar). Here's the cost break-up.
|Trade Name Reservation||AED 1,015|
|Trade license fee||AED 20,285|
|Registration Fee||AED 9,020|
|Memorandum of Association||AED 2,020|
|Auditors appointment letter||AED 1,000|
|Establishment Card||AED 1,800|
|The flexi desk part-time (3 visa allocation)||Starting from AED 17,000|
|Physical office for lease||Starting from AED 90/sqm|
|Residency visa (Inside country)||AED 4,535+3000 (Refundable Deposit)|
|Residency visa (Outside Country)||AED 4,335+3000 (Refundable Deposit)|
|Emirates ID||AED 370|
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