- Zabeel Street, AL Karama, Dubai, United Arab Emirates
- +971 4 27164 24
Dubai Multi Commodities Centre
Dubai Multi Commodities Centre (DMCC) is a leading free zone in Dubai, and it is ideally located, offering an attractive environment for business setup and expansion by way of dual licensing support from the DMCC free zone for presence in mainland areas of Dubai. Here’s a broad summary of the DMCC company setup process:
Company Formation Process. The DMCC company formation typically takes around ten working days and involves the following steps:
1. Initial Application: Submit an online pre-approval application through the DMCC portal
2. Document Submission: Prepare and submit required documents, including:
Passport copies of shareholders, directors, managers, resolutions, Memorandum of Association, Article of Association, wherever applicable Proof of residential address Business plan (for certain activities) Know Your Client (KYC) forms
3. Name Reservation and Approval: DMCC will review your application and reserve your company name
4. Payment and Documentation: Pay registration and license fees, sign legal documents
5. Provisional Approval: Receive provisional approval and bank letter for account opening
6. Office Space: Select and lease business premises within the free zone
7. License Issuance: Upon completion of all requirements, DMCC will issue your e-license
Dubai Multi Commodities Centre
DMCC offers various license types to suit different business activities:
Trading License: For import, export, and commodity distribution activities
Service License: For professional and consultancy services
Industrial License: For light manufacturing and production activities
Company Structures
Businesses can be set up in DMCC as:
Free Zone Establishment
Free Zone Limited Liability Company
Branch of a local or foreign company
Major Benefits
Setting up a company in DMCC offers several advantages:
100% foreign ownership
Corporate tax incentive and lowest corporate tax
0% personal income tax
100% capital repatriation
Strategic location with excellent infrastructure
Flexible office solutions
Efficient online services portal and business environment
Networking opportunities
Costs
The initial setup costs for a DMCC company typically range from AED 48,000 to AED 85,000,
depending on the license duration and office space requirements .
The minimum share capital required is AED 50,000
By adhering to these steps and working with DMCC's efficient online system, investors can establish
their businesses in this dynamic free zone, benefiting from its strategic location, world-class
infrastructure, and business-friendly environment.
Our business consultancy services specialise in DMCC company formation, offering comprehensive
support throughout the setup process; our business setup experts will make it happen in the
shortest possible time frame; our services are:
1. Expert Help: Alpha Equity MC Consultants provide tailored advice on choosing the proper
business structure and activities and advice on DMCC free zone rules and regulations
2. Documentation Support: The Alpha Equity MC expert team will Help with preparing and
submitting all necessary documents
3. Licensing Support: Guidance on obtaining the appropriate license for your business activities
4. Office Space Selection Process: Our team assistance in choosing suitable office facilities
within DMCC
5. Bank Account Opening Process: Our team supports hassle-free corporate bank account
opening processes by coordinating with major banks in and outside the UAE on behalf of
clients.
6. Ongoing Compliance Process: Alpha Equity MC provides expert advice on maintaining
regulatory compliance and managing renewals. DMCC companies must file audited financial
statements to meet compliance approvals annually and register in time for VAT and
corporate tax registration and return filing services with the Federal Tax Authority.
By leveraging the expertise of specialized consultancy services, businesses can navigate the DMCC
company formation process efficiently, ensuring compliance with all regulatory requirements and
maximising the benefits of operating in this dynamic free zone. For cost-effective, flawless business
setup consultancy.