Set Up Your Company in
Dubai Multi Commodities Centre
The Dubai Multi Commodities Center (DMCC) stands as one of Dubai’s premier free zones and trading hubs. Founded in 2002, DMCC provides a supportive business environment, including a variety of services such as trade finance, market insights, and networking opportunities.
Over the years, DMCC has established itself as one of the UAE’s most successful free zones, drawing in more than 15,000 companies from around the globe. Renowned for its business-friendly policies, DMCC offers robust support to startups, SMEs, and the commodities sector.
Advantages of Company Formation
in DMCC
Access to Global Market
DMCC is situated in the heart of Dubai, offering convenient access to both airports and seaports. Dubai, with its diverse expat community—comprising around 90% of the city's population—provides ample opportunities for business dealings with multinational companies. Additionally, DMCC offers efficient immigration services, including comprehensive visa support.
One-Stop Shop
DMCC is a one-stop shop for all business needs. It offers facilities and access to a world-class market, secure storage, trading and research services, world-class legal and financial advice firms, and an unrivaled logistics and transportation system. With its diverse range of services and facilities, DMCC provides a member online portal to ensure a rapid response to any requests.
Tax and Financial Benefits
100% foreign company ownership No restrictions on capital repatriation No currency restrictions No personal income tax A 5% standard VAT rate Only 9% corporate income tax (if applicable)
Strong Social Media Presence
While Shams is not restricted to media activities alone, the Sharjah Free Zone is particularly well-suited for individuals specializing in media. This aligns with the Free Zone’s focus on boosting and enriching the media sector, particularly in Sharjah.
Extended Customer Support
The business relationship between Shams and its clients continues well beyond the initial company setup in the Free Zone. Shams provides ongoing support by promoting clients across various online platforms, including social media and websites, to enhance their visibility and exposure.
Flexible Visa Packages
With the shared desk facility, entrepreneurs can apply for up to 6 visas for their employees. Additionally, Shams’ visas enable holders to sponsor family members and dependents.
Cost of Company Formation
in DMCC
The cost of setting up a business in DMCC will depend on different factors, including the number of visas you need for your company and office lease.
- Business License and Office Space
- Flexibility to conduct business within the jurisdiction
- Dedicated Account Management Team
Receive an estimate of your business setup cost in the DMCC Free Zone. Use our COST CALCULATOR now!
Types of Licenses Offered
in DMCC
Industrial License
Trading License
Service License
General Documents Required for
Company Setup in DMCC
- Online pre-approval application form
- Proof of residential address in country of residence (A utility bill or bank statement)
- Business profile
- Third-party approvals for specific regulated business activities
- Copy of your passport (Along with your UAE residence visa and a copy of your Emirates’ ID, if applicable)
- Business plan (depends on activities)
- Details of an office address in DMCC free zone (JLT)
- Copies of parent company documents if it’s a branch company formation. (Required after the company has been registered)
- Power of Attorney for Manager, Secretary, Director, Specimen Signature
- No Objection Certificate (NOC) from the current sponsor if you already have a residence visa
Business Structures
in DMCC
Steps for Company Formation in in DMCC
1
Choose your business activities
2
Apply online
3
Pay, sign & submit the relevant documents
After submission of your initial application, you can now pay for the registration and license fees and sign the legal documents.
You will be then granted by DMCC a provisional approval and bank letter to open a company bank account.