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DMCC is the largest and fastest growing Free Zone and is located in Jumeirah Lakes Towers. It is the ideal place to set up your company and grow your business beyond Dubai’s borders. DMCC is now home to more than 10,000 companies and members range from startups to huge conglomerates who benefit from DMCC’s world class reputation.
DMCC offers 100% foreign business ownership, full capital and profits repatriation and 0% personal and corporate tax for 50 years guaranteed. DMCC is located in Jumeirah Lakes Towers next to Sheikh Zayed Road, has access to 2 metro stations, and is strategically positioned in close proximity to Airports and Seaports. High quality offices and residential apartments are available at affordable prices for rent or freehold buy.
Our experienced consultants will assist you step by step and accompany you to open your corporate bank account in Dubai. The account will be opened in one of the reputable banks offering excellent online banking facilities, multi currencies and maintaining full confidentiality and non disclosure of information. UAE is an independent country operating outside the European jurisdiction.
DMCC offers a very wide range of business activities falling under 3 types of licenses: Service,Trading and General Trading as well as Industrial. A DMCC Company can have up to 5 business activities from the same category under one license.
The minimum share capital required for a DMCC Company is AED 50,000 and should be deposited in the corporate bank account not later than 4 weeks after the approval of the trading license. The share capital can be withdrawn at any time after the registration process is completed. Branches are exempted from capital requirements.
DMCC (Dubai Multi Commodity Center) is home to companies trading in commodities including precious metals and stones, as well as rough diamonds. The Dubai Diamond Exchange as well as the Dubai Kimberly office are housed in the ALMAS Tower in JLT.
For the issue of a residence visa the presence of the applicant in Dubai is necessary for 5-7 working days.During this time the medical checkup takes place along with the finger print session and visa stamping in the passport. A residence visa is valid for 3 years however the visa holder should visit Dubai at least once every 6 months.
The minimum office facility required for a DMCC license is a Flexi Desk provided by the DMCC Authorities and allows for the eligibility of 3 visas.
A DMCC company is required to file annual audited Financial Statements and an Auditor should be officially appointed within one month after the trade license is issued.
We are a friendly team of experienced consultants ready to guide and assist you in your DMCC Company Formation, open your corporate bank account, receive your residence visa in the UAE and start your business in DMCC Free Trade Zone.
A dedicated consultant will be assigned to you from day one and until you set up your company.
Start your DMCC company today and open a window to a new world of opportunities.
We are a DMCC company located in our own offices in Jumeirah Lakes Towers