DMCC is a major player in the global multi commodity market on its pulsating and progressive growth in a short span of time. Most the business giants have an eye on this free zone, as it is in a prime location here there is a strong regulatory and legal frame work, prominent office solutions and dependable customer support. On an average, nearly 170 companies register in this free zone every month. Today in this free zone there are giant corporate companies to small start ups that are equally benefited from DMCC's global reputation.
As this trade zone is close to all major commercial centres, it acts as a logistics corridor for many types of trading activities. From here it is easy to move to the Dubai Marina, Sheikh Zayed Road and to the New Maktoum International Airport. Those who are planning to have a Freezone business set up on a strategic location with world-class infrastructure, excellent connectivity and good financial incentivises can consider DMCC as their primary choice. Some of the major commodities that are traded here includes diamonds, gold, tea, pearl, agro products and base metals.
You should have a valid DMCC Visa for doing business in this free zone. Many times it is not possible to go behind the visa procedures. But you don't have to worry about it. We are able to assist you in getting a Visa by completing all the legal and essential procedures. As a business Setup Consultant, we offer company formation and visa processing services in an effective way. By registering a company in DMCC, you are getting 100% business ownership and full capital repartition, other than a tax holiday for nearly 50 years. Our thorough understanding on the DMCC zone allows in completing all essential procedures without any difficulty. To get your business off the ground in Dubai, you can approach us at anytime.
As registration and licensing are just one side of business, we are able to offer many other services to give a better growth environment to your business. We can provide assistance in flexible office solutions, exclusive insurance advises and financial products. With us, you are just one step away from freezone company registration and its inaugural ceremony.
Guidelines for setting up a company in DMCC
Type of company you would like to start:-
You should check the type of company for which you are eligible for a license. You can start a newly formed Limited Liability Company, a wholly owned subsidiary of a foreign or local company or a branch of a foreign or local company.
Type of licence you can apply for your business activity:-
You can apply for a trading license, service license or an industrial license. A license will be issued depending on the business activity. A company can apply for multiple licences, if they are doing various types of business activities.
Selection of company name:-
You should give a name to your business before applying for a business license.
Documents to be submitted for business license:-
- Summary of business plan
- Passport copy
- Proof of permanent address
- Copy of parent company documents, if apply for a wholly owned subsidiary or branch
- Certain other documents have to be submitted based on the type of business activity.
Benefits of starting a business in DMCC
- Full ownership of business
- 0% corporate tax and personal tax rate for 50 years
- Smart networking events to connect with potential business partners
- Streamlined documentation and licensing activities for various business activities
- Wide options to select office solutions
- Dynamic community setup to support all business activities