Dubai Multi Commodities Centre(DMCC)
The Dubai Multi Commodities Centre (DMCC) is one of the most prestigious and well-known free zones in Dubai
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Who We Are
About DMCC:
The Dubai Multi Commodities Centre (DMCC) was established in 2002 to enhance commodity trade flows through Dubai. Located in the heart of Dubai, DMCC offers a world-class infrastructure, state-of-the-art facilities, and a vibrant business community, making it an ideal hub for businesses involved in commodities trading and various other sectors.
STARTING A BUSINESS WITH DMCC
Types of business licenses
DMCC offers several types of business licenses to cater to different business activities:
E-commerce License
Allows the holder to engage in online business activities, including buying and selling goods and services via electronic means.
Common Activities:
- Online retail stores
- E-commerce platforms
- Digital marketing services
- Online payment processing
Trading License
Allows the holder to engage in trading activities, including import, export, distribution, and storage of goods.
Common Activities:
- General trading
- Specific product trading
- Import/export of goods
- Wholesale and retail distribution.
Service License
Permits the holder to offer professional services specified in the license. Suitable for consultancy, advisory, and professional services.
Common Activities:
- Legal and financial advisory services
- Marketing and advertising services
- Event management
Approximate Processing Time
Pre-approval:
7-10 business days
License:
2-3 business days
Establishment card:
same day as license
Visa application process:
7 business days
E-channel:
24 hours
How much does it cost to open a business in the UAE?
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Why SPC?
Benefits of Setting Up a Company in DMCC
Setting up a company in the DMCC offers numerous advantages. Enjoy 100% ownership, zero corporate and personal income tax, full repatriation of profits, and a streamlined incorporation process.
100% Foreign Ownership
Full ownership without the need for a local sponsor or partner.
Tax Benefits
Zero corporate and personal income tax, and no VAT on exports.
Strong Regulatory Framework
A robust regulatory framework ensuring business-friendly policies and compliance.
Strategic Location
Located in the Jumeirah Lakes Towers (JLT) district, providing easy access to local and international markets.
Modern Infrastructure
Access to world-class infrastructure and state-of-the-art facilities.
Flexibility in Office Solutions
Options for flexi-desks, serviced offices, and full-fledged office spaces.
Frequently Asked Questions
Quickly find answers to commonly asked questions, helping you discover more about DMCC hassle-free business setup.
Answer: The Dubai Multi Commodities Centre (DMCC) is a free zone in Dubai, UAE, specializing in commodities trade and offering a range of business setup solutions.
Answer: Both UAE residents and foreign nationals can set up a business in DMCC. It accommodates individuals, entrepreneurs, startups, and established companies from various industries.
Answer: Required documents include a completed application form, passport copies, passport-sized photographs, proof of residential address, a business plan (if required), and a bank reference letter (if required).
Answer: To renew a business license, submit a renewal application form, provide updated documents, pay the renewal fee, and ensure compliance with DMCC regulations.