Explore Dubai’s Flagship Free Zone – Dubai Multi Commodity Centre
Dubai is a hub of trade, and DMCC is the strategic gateway linking you to the fast-growing markets of the Middle East and beyond. DMCC (Dubai Multi Commodity Centre) is a flagship free zone in Dubai. This Dubai free zone license offers great business opportunities for several business activities. The DMCC is located in the heart of Dubai, at the center of the Jumeirah Lakes Towers District. It has been voted “Global Free Zone of the Year” seven times in a row.
DMCC brings together more than 21,000 businesses from more than 120 countries across all sectors into one place. The gold and diamond park is also a part of the dynamic DMCC free zone which would be very beneficial for business owners looking to start a precious metal business in the country. With good connectivity through air, sea, and road, the 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 free zone liberal business rules.
How is DMCC Beneficial For Your Business?
Dubai Multi Commodity Centre is an amazing choice for starting a business in the free zone. It’s a place where you can connect with others, build your business and make connections that will set you apart from the competition.
100% ownership and capital repatriation
DMCC allows you to hold 100% foreign ownership of your company. You can also remit 100% of profits to the home country.
Large network of global businesses
The free zone is the home to numerous business niches, with 21,000+ businesses operating in DMCC, your business will get global exposure.
World-class resources in DMCC ensure innovative platforms, tools, and services for your business, thus making business efficient and simple.
Secure business environment
DMCC offers a secure trading environment you can trust to adhere to the highest standards of international compliance.
DMCC is located in the heart of Dubai i.e – Jumeirah Lakes Towers District. The free zone offers flexible connectivity to the major airports.
Easy and quick setup
With DMCC you get the most relaxed and quick free zone business setup in Dubai. It provides a trade license within 10 days of submitting your application form.
Office Solutions Offered by DMCC Free Zone
Here is a list of multiple office solutions offered by Dubai Multi Commodity Centre
A flexi desk is a popular option for office spaces in DMCC. You can use a flexi desk on a part-time basis that will boost your business with a physical address and professional outlook.
Serviced desks are useful when you have a full-time staff who might need a dedicated desk. Opting for a serviced desk will ensure higher productivity for the business with a range of tailored services
Serviced offices in DMCC are fully equipped with all kinds of modern facilities and are ready to move in. You can choose the office space as per your requirements.
DMCC Coworking Centre is another very popular office solution for businesses. These are smart offices that will ensure you carry out your business activities in a hassle-free manner.
Popular Business Industries in DMCC
This free zone in Dubai offers amazing business opportunities for foreign investors.Here’s a list of the top business setups:
- Food and Agro
- Cryptocurrency and Blockchain
- Diamond and Gold
- Sports and Wellness
- Finance and Banking
- General Trade
Types of Licenses Available in DMCC
Simple And Quick Company Set Up in DMCC
The steps to start a company in DMCC are as follows
Decide your business activities
Choose your business activities and decide on a relevant business license. You will get an online application form from the DMCC authority to take the process further.
Submit the online application
Next, you are required to submit the application form by paying the initial fee. DMCC will look into the trade name registration and compliance approvals.
Submit the necessary documents
After the successful submission of the fee and the online application, DMCC will issue a provisional approval and bank letter for opening a corporate bank account.
Select office space
Finally, sign and submit relevant documents for the desired office space. DMCC will issue an E-license and you are ready to start a business in the free zone.
List of Documents Required
The application process for setting up a company in DMCC Dubai is very straightforward but requires some paperwork. These are as follows:
- You need to submit the online pre-approval application form to get started with the process.
- Next, you need to submit a copy of your passport for verification purposes.
- A copy of the UAE residence visa and Emirates ID is to be submitted
- Utility bills or bank statements as proof of address in the residence country.
- Copies of parent company documents. These are only required in the case of the subsidiary company set up.
- Third-party approvals for specific regulated business activities.
Plan a Business in DMCC with RadiantBiz
Looking to start a business in DMCC? RadiantBiz is your ideal partner to assist you with a hassle-free business setup in Dubai. We are the best company setup consultant in Dubai and we ensure to make your business setup in DMCC easier than ever.
What we can help you with?
Team RadiantBiz is the ideal business partner, why? We assist you from the start, right from getting the initial approvals, business bank account in Dubai, and trade license, to visa, and office space. We will guide you throughout the process of business setup in DMCC across all industries.
Get started now with the experts! Speak to us now.
Frequently Asked Questions
DMCC will take around 10 days to start your company. However, with the help of RadiantBiz, you can minimize the setup time, as we will assist you with everything and make the process quick.
DMCC visa is a residence visa that is issued for employees and business investors that are registered in the DMCC free zone.
It will take around three to five working days for the DMCC portal to process the visa applications.
To conduct business in the DMCC free zone, you will need to have a DMCC business license. This will facilitate the import, export, buying, and selling of goods to and within the UAE.