Dubai Multi Commodities Centre (DMCC) Business Setup In Dubai
DMCC (Dubai Multi Commodities Centre) is one of the UAE’s most rapidly expanding Free Zones. It was founded in 2002 and can be found in an area known as Jumeirah Lakes Towers, right across from Dubai Marina. It’s positioned just ten minutes from Jebel Ali Sea Ports, Air Ports, and the Logistic Corridor. Various types of businesses are eligible to set up operations here.
Furthermore, it offers easy setup procedures, support with sponsorship of employees, and several other UAE government-associated services in free zones of UAE-specific regions where businesses can be established with specific licenses and full foreign ownership.
Dubai Multi Commodities Centre DMCC – License Types
DMCC enables purchasing, retailing, importing, and exporting goods from, to, and inside the UAE.
Types Of DMCC License
Service License
Trading License
Industrial License
Trading License
A General Trading License permits you to engage in trading activities of any permissible product. Moreover, another key point company setup under a trading license permits merging, importing and allocating, and supplying several products and various activities under this license.
Service License
Service License allows to carry business activities which are permitted under this license along with consultancy services.
Industrial License
Industrial license permits to carry out light industrial operations, especially those listed in the license.
Documents Required for DMCC License
- Copy of passport of the owner/ partners
- NOC from the employer if you are a resident
- Copy of visa
- Address proof
- UAE ID if you are a resident.
Benefits of DMCC Business Setup License in Dubai
- Access to progressive infrastructure.
- No income or corporate tax.
- Ability to conduct multi-currency transactions.
- Flexibility to hire foreign employees as needed.
- Conveniently connected to both seaport and airport, facilitating seamless import and export of goods with no duty charges.
Want To Setup a Business In DMCC Free Zone?
Frequently Asked Questions
What are the activities to be Dubai Multi Commodities Centre - License Types?
DMCC enables purchasing, retailing, importing, and exporting goods from, to, and inside the UAE.
Can a DMCC company trade in the mainland?
Yes, a business set up and licensed in Dubai Multi Commodities Centre can do business outside the UAE. If you must trade within the UAE mainland, you can exchange your goods with an LLC in Dubai a supplier.
Why is DMCC becoming so popular?
This place has a lively community, modern facilities, excellent services, and many different properties. Plus, it’s close to excellent transportation options that can take you anywhere by air, sea, or road.
What are the types of office facilities in DMCC?
The office facilities are a Retail shop, Flexi desk, Service desk, Service office, and Business center.