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Set Up Your Business in Dubai

Multi Commodities Centre (DMCC) Free Zone

Discover unmatched opportunities for growth and success with DMCC’s strategic location, business-friendly environment, and world-class infrastructure.

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Dubai Multi Commodities Centre (DMCC)

Dubai Multi Commodities Centre (DMCC)
Dubai Multi Commodities Centre (DMCC)

Dubai Multi Commodities Centre (DMCC)

The Dubai Multi Commodities Centre (DMCC), known as the ‘Global Free Zone of the Year,’ was established in 2002 by the Dubai government. It’s a vibrant waterfront community and the licensing authority for businesses operating in Jumeirah Lakes Towers (JLT), offering free zone benefits and freehold development opportunities. DMCC features 79 towers, including Almas, AU, and AG towers, with Almas Tower being the focal point, housing the Dubai Diamond Exchange and companies in the diamond, gold, energy, and commodities sectors. Conveniently located along Sheikh Zayed Road, DMCC is a prestigious, mixed-use development offering residential, office, leisure, and retail spaces.

For company setup in DMCC, businesses must hold a valid office lease or own a freehold office space and maintain an up-to-date license issued by the DMCC Authority. License renewals must be done within the timeframe set by the DMCC. We are experts in DMCC company formation and provide comprehensive consultation services.

To qualify for or retain a license from DMCCA, applicants must meet the following criteria:

  • Have a valid lease for office space or be the registered owner of freehold office space within DMCC, ensuring operations are based within the DMCC center.
  • Comply with all applicable federal and municipal legislation.
  • Adhere to DMCCA’s Operating Regulations and any other relevant directives.

DMCC licenses are valid for one year from issuance and can be renewed annually, provided the Licensee maintains valid office space within the DMCC.

To qualify for or retain a license from DMCCA

Basic Features of a DMCC Company:

A DMCC company is a limited liability company, with shares held by one or multiple shareholders, either individuals or corporate entities. The minimum share capital required is AED 50,000 (AED 10,000 per shareholder) for Specific Trading or Service Licenses, and AED 1,000,000 for a General Trading License. Each share has a value of AED 1,000 or more, and the capital can be used for business operations. Branches of local or foreign companies do not require initial share capital. DMCC companies must appoint at least one Director, Manager, Secretary, and Negotiator, and the same person can hold multiple roles. The Manager must be on the company’s residence visa under the Free Zone Authority’s sponsorship and must enter the UAE at least once every six months to validate the visa.

Key Benefits of DMCC Company:

  • 100% foreign ownership
  • 100% tax exemption
  • 50-year tax holiday
  • Full repatriation of capital and profits
  • Option to lease or own freehold premises with extended leases

Basic Features of a DMCC Branch Office:

  • A branch is an extension of the parent company.
  • No minimum capital is required.
  • The foreign company must be at least two years old to register as a branch.
  • Audited financials are not required to be submitted to the Free Zone Authority.
  • Profits of the branch are taxed based on the parent company’s country of residence.

The DMCC free zone provides a consolidated hub for global trade, offering world-class infrastructure and promoting a wide range of goods. Conveniently located near Sheikh Zayed Road with its own metro station, DMCC offers excellent connectivity and benefits to companies.

Need assistance with DMCC company setup? At Litrix, we have extensive experience in establishing companies in the DMCC, helping clients take advantage of its strategic location and numerous benefits.

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To date we are providing Accounting Services for more than 250 clients
across the UAE in Trading, Construction, Real estate, Healthcare,
Logistics and other services.