Dubai Multi Commodities Centre ( DMCC)

dubai multi commodities centre

Arab Business Consultant

United Arab Emirates has established itself over the years as business hub where investors from around the globe are interested to invest in.  UAE has been driving major investments from businessmen over the years from different countries and people like to invest multi million dollars in this mushrooming economy of the world. The Dubai multi commodities center, UAE is a bit different than other countries. If you want to start your business in Mainland, then you have to find a sponsor who would help you with starting your company for 51% of partnership. On the other hand, if you want to start your company in specific zone known as ‘Free zone”, you can start it with 100% of ownership. But these free zones are in specified locations and depending on your business activity; you have to choose a free zone for starting your business.

There are almost more than 45 free zones in UAE and about 30 of them are in Dubai. DMCC is of the best free zone for establishing business in Dubai. DMCC stands for The Dubai Multi Commodities Centre. It was established in 2002 in heart of Dubai as a commodity marketplace. Since it has been established as a free zone in heart of Dubai, almost 12,000 multinational companies from around the globe have established their businesses in the free zone. This number also includes start-ups and small and medium enterprises who have been always interested in DMCC set up and established their businesses there for almost two decades.

Starting your business in DMCC set up is such a great opportunity with so many benefits for businesses that The Financial Times FDI Magazine has named it the best free zone for trading and business activities in the world for two consecutive years in 2015 and 2016.

DMCC free zone is recognized highly by interested parties to start their businesses mainly for prime location but it also offers streamlined legal and regulatory frameworks. Moreover, flexible business office solutions are provided to investors so that they can start their business in this trade zone with complete peace of mind.

Here at Arab Business Consultant, we have a team of business setup experts who can guide you to choose the best options among the various free zones basis your requirements.

Benefits of setting up business with Dubai Multi Commodities Centre ( DMCC)

  • Company records will not be disclosed
  • 100 % Ownerhsip
  • No agreement to exchange tax information with any country
  • Exemption from income tax
  • Exemption from import and export taxes
  • Properties for rent or sale in JLT are reasonably priced
  • No currency restriction
  • No limit on hiring foreign workers:

Why Arab Business Consultant?

Arab Business Consultant is always completely transparent when providing our clients with the details related to setting up business in UAE. A large part of this is simply ensuring we offer the flexibility to provide you with the exact package that suits your need, it can be Trade license (single owner), trade license with two or more than 2 shareholders, visas for employees or dependants. We will help you to select the option precisely you need so that you pay for what you get.

Our Services

  • Business set up
  • Renewal of license
  • PRO service
  • Visa services
  • Company stamp
  • Free zone service
  • Off shore company
  • Main land LLC

Types of Business License in the DMCC

  • General Trading License
  • Service/Consultancy License
  • Commercial/Trading License
  • Branch Company

Packages - Sharjah Airport Free Zone

Pricing

SERVICE STANDARD LICENSE GENERAL TRADING
License Fee
7,500
15,000
lease of Executive Desk / Saif Plus (annual Rate)
7,700
7,700
Insurance, Maintenance fee, Signboard & Internet Listing etc
3,450
3,450
Govt. Innovation fee
10
10
Total
18,660
26,160

NOTE:

  • Type 1 activities include Service and Commercial Trading activities while Type 2 includes General Trading and Industrial activities.
  • 2 Limit of 5 Additional Classes per group of same types
  • 30 Calendar Days Validity
  • Not inclusive of Medical and Emirates ID fees where applicable

Documents required

  • Business Setup Form
  • Authorized Signatory Form
  • Terms and Conditions
  • Shareholder(s) / Manager(s) / Directors(s) Documents

Documents for individuals as Shareholder(s) / Manager(s) / Director(s):

  • Colored and clear full page of Passport Copy
  • Colored and clear full page Entry Stamp page copy / Residence
  • Visa page copy (if applicable)
  • 2 Passport size photos (for immigration card application)

Documents for companies as Shareholder(s) / Manager(s) / Director(s)

  • Certificate of Formation
  • Certificate of Incumbency / Good Standing (if applicable)
  • Memorandum of Association copy
  • Board Resolution Copy
  • Documents for the Authorized Person(s)
  • Passport Copy
  • Colored and clear full page Entry Stamp page copy / Residence Visa page copy (if applicable)
  • 2 Passport size Photographs

Documents Specifications

Passport Copy

  • Colored and clear full page passport copy
  • Passport should be valid for a minimum of 7 months
  • Amendment / Modification page should be included (if applicable)
  • Additional remarks for below nationalities
  • India – First and last page copy
  • Pakistan – First and second page copy
  • Sri Lanka – First and fourth page copy
  • USA – Special comment page copy
  • Nepal – First and last page copy

Photographs

  • White background
  • Teeth should not be visible
  • Light colored shirts are not allowed
  • Jewelry and eyeglasses are not allowed
  • Handwritten marks are not allowed on the photos

Quick Enquiry

Get a free UAE business set up consultation

Contact Us:

Office: +971 43456631
Mobile: +971 568006700
Email: info@arabbusinessconsultant.com

Address: Office # 501, Saheel Tower 1
Al Nahda 1, Dubai, UAE