DMCC
About DMCC:
Located in Jumeirah Lake Towers(JLT) and established in 2002, Dubai Multi Commodities Centre(DMCC) is the ideal free zone for commodities trading, financial services and a large number of specialist industries ranging from agro to energy to diamonds, gold and base metals. Awarded “Global Free Zone of the Year” seven years in a row now, it brings together more than 20,000 businesses from all sectors and industries into the world’s most interconnected Free Zone.
Advantages of DMCC license:
- Ideal for the trading of precious metal, gems and diamond
- DDE Vault - world renowned secure diamond vault for storage
- Flexi-desk up X visa for service activities
- Wide range of office locations and types
- Located in the heart of Dubai with easy access to public transportation
- 100% exemption from corporate and income taxes
- A comprehensive range of business activities
- Zero foreign currency restrictions
- 100% business ownership and capital repatriation
- Online portal for services
Approximate Processing Time:
Pre-approval: 7-10 business days
License: 2-3 business days
Establishment card: Same day as license
Visa application process: 7 business days
E-channel: 24 hours
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License types and activities:
A Mainland company formation offers more than 3000 business activities listed in the UAE. The business activity, company structure and jurisdiction of operation will determine the license and other applicable requirements.
For more details on business activities, reach out to us.
Operating with a Service License means you will run a business without any tangible assets, you focus more on selling unique services to your consumer (i.e. Consultancies, Project Management, Investment Services, etc.)
Selling goods within SHAMS or importing and exporting of goods. It includes movement of goods, wholesale and retail sale of goods and rendering of services related to the sale of these goods.
It allows for production, re-production, transformation and manufacturing of goods.
Popular Business Activities at DMCC:
- Commodities exchanges
- Business Support Firms
- Professional Services Companies
- Marketing Companies
- IT
- Logistics & Shipping Companies
- Banking & Finance
- Insurance
- Recruitment Agencies
- Food & Beverage Distributors