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Dubai Multi Commodities Centre Free Zone

 

Dubai is the ideal hub for the financial, economic and cultural activities in all of Middle East. Dubai has clusters of free zones, among which the Dubai Multi Commodities Centre (DMCC) is the world’s premier free trade zone. It has grown into the commodity center for not just the Middle East but for the entire world. DMCC is unlike any other Dubai Free Zone but with a lot of potential and opportunity for the retail and commerce sector. The DMCC free zone is the gateway to global trade and the exclusive spot for retail exposure to growing your business. DMCC has been crowned ‘Global Free Zone of the Year’ by the Financial Times FDI magazine for 3 consecutive years and it has been home to a vibrant community, innovative infrastructure, world-class services and a stunning choice of properties, all minutes from excellent air, sea and road links to the world.

DMCC was established in 2002, with a strategic initiative of the Dubai Government to provide a marketplace and necessary physical and financial infrastructure to run a thriving commodities market. At present, DMCC free zone is the house for almost 12,000 companies which are actively operating including both commodities and other businesses.

Advantages of Company Formation in DMCC

DMCC's facilities and free zone benefits foster all the needs and requirements of all types of business activities in the world. DMCC has been rated ‘A’ by Standard and Poors. Setting up a company in DMCC will not only bring a great brand name for your company but also you will be benefited with the following advantages:

  • - 100% foreign business ownership
  • - Total exemption from corporate tax and personal income tax, guaranteed for 50 years
  • - 100% capital repatriation and retention of business profits
  • - Easy licensing procedures for a range of business activities
  • - Plug-and-play office installations
  • - Easy lease or sale optional available for offices at competitive rates
  • - Immigration services to take care of all visa and work permit requirements
  • - Networking opportunities like events, workshops, and exhibitions
  • - Trade regulations and compliance standards training on a periodic basis to stay up to date on the latest in the legal framework
  • - Access to trading commodities like gold, diamond, and commodities of exchange
  • - Lucrative investment opportunities for both investors and businesses
  • - No currency restriction
  • - A regulated and secure business environment

Types of Business Licensing Options in DMCC Free Zone

Dubai Multi Commodities Centre provides an environment which accommodates many business activities and provides a great deal for all types of businesses. DMCC’s licensing authority provides the following licensing options:

1. Trading License

It allows the license holder to import raw materials, export, distribute, and store items specified in the license to any country.

2. Service License

A service license allows its holder to conduct services specified by the authorities within the free zone./p>

3. Industrial License

It allows the license holder to import raw materials, manufacture, process, assemble, package and export the finished products to any country.

Contact us to set up your business in Dubai Multi Commodities Centre, our team will be glad to assist you!

For more information and enquiries, please (Contact Us) at  00971558879700 or email us at info@sterlingheightsuae.com

   

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