Dubai Maritime Authority City (DMCA)
The DMC structure is made up of 6 strategic locations:
Benefits of Setting Up a Business in DMC
Types of Entities Allowed in DMC
1. Free Zone Establishment (FZE)
In a Free Zone Establishment, just 1 shareholder is allowed.
2. Free Zone Company (FZC)
In a Free Zone Company, 2 to 5 shareholders are allowed.
3. Branch Office
A branch office is a dependent company whose business is carried out in the name of the parent company and whose legal status and obligations are same as those of its parent company as well.
Types of Business Licenses Available in DMC
1. Marine Crafts License
For foreign and local companies to build and use vessels in accordance with international maritime standards.
2. Maritime Commercial License
For companies engaged in maritime activities in Dubai and individuals who engage in recreational activities in Dubai waters
3. Maritime Operation Services License
For companies operating in waste management in sea water.
4. Maritime Education and Research License
For entities into the field of education and research in maritime affairs.
5. Commercial License
A commercial is required to be obtained by companies and individuals involved in general maritime activities.
Why Set Up a Business in DMC?
Business setup in Dubai Maritime City is dream come true for anyone associated with the worldwide maritime industry as it is built on well-established maritime traditions and manifests supreme levels of excellence in terms of administration, corporate structuring, government policies, infrastructure, and unmatched incentives for investors. Additionally, existing maritime businesses in DMC free zone attract more international clients as it benefits from the growing tourism inflow in the Middle East, the presence of a cosmopolitan population, and the economic diversity of Dubai.
Business setup in Dubai Maritime City free zone is bound by a set of pre-defined rules and regulations related to employment, business licensing, registration, dispute resolution, etc. that need to be followed as specified by the DMC laws. Process for company incorporation gets easy if you are well aware of the procedures, and how to contact the relevant authorities. Getting in touch with a reliable business partner helps you set up your business with ease, as they take care of the entire business setup responsibility without your having to worry about the bureaucratic red tape and expansive company formation formalities.
Contact us to set up your business in Dubai Maritime Authority City, our team will be glad to assist you!
UAE Corporate Services