22 August, 2023
Dubai Multi Commodity Centre (DMCC) is a free zone in Dubai that provides an ideal location for businesses. DMCC free zone features a large network of global businesses, and it’s where you can connect with other companies and build your business.
If you are looking for a place to start your business in the UAE, DMCC is the ideal choice. It’s a hub of trade and commerce in Dubai, and it brings together more than 21,000 businesses from 120 countries across numerous sectors. DMCC free zone allows you to hold 100% foreign ownership of your company.
With good connectivity through air, sea, and road, this area is a great choice for many global businesses. The DMCC free zone is gaining popularity as more firms each year choose to operate under liberal business rules. You can also remit 100% of profits to the home country.
Here’s a list of some major benefits of starting and expanding your business with DMCC free zone in Dubai
DMCC free zone is a place where you can start your business and grow it into something bigger. It’s a place where you can build your business, connect with others and make connections that will set you apart from the competition.
Here’s a list of some major benefits:
At DMCC, you will get great exposure for your business as the free zone is home to more than 21,000 businesses from all over the world.
DMCC offers 100% ownership and capital repatriation, which means you can have 100% foreign ownership of your company, remit 100% of profits to the home country and enjoy the benefits of having a company in the DMCC free zone.
DMCC is the place to be for starting a business in Dubai. It’s a world-class environment with a large network of global businesses, and an easy and quick setup With DMCC you get a quick free zone business setup in Dubai. It provides a trade license within 10 days of submitting your application form.
DMCC is located in the heart of Dubai which is in Jumeirah Lake Towers. This is why DMCC free zone offers many options for connectivity to major airports, along with easy logistics nearby.
DMCC offers top-notch resources that allow innovative platforms, tools, and services for your business. You can choose from modernized office spaces such as flexi desks, coworking spaces, serviced desks, and serviced offices. Each with its own set of benefits for startups and SMEs.
DMCC free zone ensures a no-tax regime for your business in the UAE. when you start a business in DMCC you don’t have to pay corporate and income tax.
DMCC is a hub for the business industries and it has a lot to offer. From technology to e-commerce, there are many things you can do. The most popular industries in DMCC are:
Every investor launching a company in the UAE needs to obtain a legal and valid business license. Below are the steps that will ensure a business license for you.
If you deal in providing professional services such as media, IT, legal, energy, and healthcare then a service license is for you.
As the name suggests, an industrial license is for businesses that carry out activities such as manufacturing, and processing of light commodities such as tea, coffee, metals, etc.
A trading license is for activities that include general trading like export, import, buying, and selling of goods to and from the UAE.
First, you need to start by selecting your business activity and then decide on the business license accordingly. You need to fill out the online application form on the DMCC official portal.
After filling out the application form, the next step is to submit it to DMCC and pay a certain fee. The DMCC free zone authority will then review the application and look into further approvals.
DMCC will require some necessary documents along with the application form. The authority will further issue provisional approval and a bank letter to open a business bank account in Dubai
The last step would be selecting an office space that is relevant to your business needs. DMCC free zone offers flexible options for it, furthermore, they will allocate an E-license so that you may start your business in the free zone.
The application process for DMCC free zone company setup is simple, with the following paperwork:
It will take around 7 days for DMCC free zone Business setup in Dubai. However, with RadiantBiz’s assistance, you can reduce setup time because we will aid you with everything and make the process short. Coming to the visa, the DMCC visa is a type of resident visa granted to employees and business investors who are registered in the DMCC free zone. Moreover, the visa applications will be processed by the DMCC authority in three to five working days.
Do you need help with a business setup in Dubai Free Zone? RadiantBiz is your perfect partner for a stress-free business establishment in Dubai. We are the best business setup consultant in Dubai, and we guarantee to make your DMCC business formation easier than ever.
Why is RadiantBiz the right business partner? We help you from the beginning, from first approvals, corporate bank accounts, and trade licenses, to visas and office space. We will walk you through the entire process of establishing a business in DMCC across all industries.