Setting Up a Company in Dubai Multi Commodities Centre (DMCC): A Simple Guide

The Dubai Multi Commodities Centre (DMCC) is a prominent free zone in Dubai, celebrated for its unrivalled suite of support services and robust infrastructure. With more than 3000 companies joining DMCC every year, DMCC has become a global nexus for trade and enterprise.

This guide provides a detailed overview of the process for setting up a company in DMCC, including the available entity types, the registration procedure, and the advantages of operating within this influential business hub.

DMCC offers a several types of business structures to accommodate diverse operational needs. Here’s a detailed look at the types of entities you can establish in DMCC:

1. Limited Liability Company (LLC)

An LLC in DMCC is a business that has been legally incorporated under the laws of the land, DMCC Regulations and Free Zone rules. This legal entity requires at least 1 shareholder and at maximum 50. Its characteristics are distinguished by being a separate legal entity from its shareholders and benefiting from limited liability.

2. Branch

A Branch in DMCC can be established by a non-DMCC entity by filling an application to the Registrar to conduct similar business activities as the non-DMCC entity.

3. Subsidiary of a Local/Foreign Company

A Subsidiary of a Local/Foreign company in DMCC allows the parent company to conduct business activities in DMCC’s exceptional proximity to labour and relevant markets, benefitting from UAE’s diverse and cultured community.

Setting up a company in DMCC involves several key steps. Here’s a step-by-step guide to the registration process:

1. Choose the Entity Type

Select the entity type that best aligns with your business goals and operational requirements.

2. Express Interest

After sending a query, deciding on the appropriate commercial license and business activities for your company, a DMCC representative will provide you a unique portal account to begin your application.

3. Submit an Application

Complete the form while DMCC handles the company name reservation, management, and compliance approval

4. Prepare Documentation

Compile the necessary documentation, including the application form, a detailed business plan, copies of shareholder passports, and proof of residence.

5. Pay Fees

Pay the required registration fees, which vary based on the type of entity and business activities. The fees cover licensing, registration, and other administrative costs.

6. Receive License

Upon approval and fee payment, you will receive the commercial license and other essential certificates required to commence business operations in DMCC.

7. Choose solution

Choose a suitable office space while DMCC issues your new E-license to begin conducting business in DMCC.

Establishing a company in DMCC provides numerous benefits:

• Strategic Location: Situated in the heart of Dubai, offering access to global markets and key transport hubs.
• Tax Advantages: Enjoy a 0% corporate tax rate, no import or export duties, and full repatriation of profits.
• Business-Friendly Environment: Benefit from a range of services and facilities tailored to support business growth and efficiency.
• Specialized Infrastructure: Leverage DMCC’s state-of-the-art infrastructure, including office spaces and commodity trading facilities.
• Regulatory Framework: Operate under a streamlined regulatory system aligned with international standards.

For expert support and guidance on DMCC company formation, consult with us to ensure a seamless and efficient setup process. Contact us at: enquiries@cbdcorporateservices.com for tailored assistance and further information.