Dubai Multi Commodities Centre (DMCC) Business Setup In Dubai
The DMCC (Dubai Multi Commodities Centre) is one of the fastest growing UAE Free Zones. It was established in 2002 and is located in a lake-front development called Jumeirah Lakes Towers, opposite Dubai Marina and ten minutes from Jebel Ali Sea and Air Ports and the Logistic Corridor. Eligible Entities.
Basically it offers easy set up procedure, support with sponsorship of employees and several other UAE government associated services in free zones of UAE specific areas accordingly where companies consequently may be set up with designated licenses and 100% foreign ownership.
Dubai Multi Commodities Centre DMCC – License Types
DMCC enables the purchasing and retailing, and import and export of goods from, to, and inside the UAE.
Types Of DMCC License
Service License
Trading License
Industrial License
Trading License
A general Trading License allows you to trade any permissible product.Another key point company setup under trading license permits merging, import and allocating, and supply number of products and various activities that fall 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 that are 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
- Progressive infrastructure
- No income or corporate tax
- Multi-currency transactions permitted
- Hire foreign employees as per your requirement.
- Suitably linked to seaport and airport, thus as well as ensuring easy export/ import of goods and no duty levied.
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 the purchasing and retailing, and import and export of goods from, to, and inside the UAE.
Can a DMCC company trade in mainland?
Yes, a business setup and licensed in Dubai Multi Commodities Centre can do business outside the UAE. If your requirement is to trade within the UAE mainland, you can trade your goods to a LLC in Dubai, which acts as a supplier.
What are the types of office facilities in DMCC?
The office facilities are Retail shop, Flexi desk, Service desk ,Service office ,Business centre.
Is income tax levied to companies setup in Dubai Multi Commodities Centre ?
No corporate and personal tax for 50 years
Why is DMCC becoming so popular?
It is home to a vibrant community, innovative infrastructure, world-class services and a stunning choice of properties, all minutes from excellent air, sea and road links to the world.