Dubai Multi Commodities Centre (DMCC) Introduction
The Dubai Multi Commodities Centre (DMCC) is one of the most prominent and fastest growing free zones in the United Arab Emirates (UAE). Established in 2002,Free Zone has positioned itself as a global gateway for commodity trade, including gold, diamonds, tea, and precious metals. With over 18,000 registered companies, and offers a modern ecosystem for trading, consulting, manufacturing, fintech, and startups
Located in Jumeirah Lake Towers (JLT), DMCC offers state-of-the-art infrastructure, a many affordable range of Office Space, and access to a strategic business hub near major transportation routes, ports, and airports. Dubai Multi Commodities Centre is ideal for companies looking to grow in the Middle East, Africa, and Asia
Benefits of Setting Up a Business in DMCC
- Choose Business Activity: Decide your core activity—trading, consultancy, or industrial.
- Select Legal Structure: Choose between a Free Zone Establishment (FZE), Free Zone Company (FZCO), or a branch.
- Reserve a Trade Name: Submit a unique business name for approval.
- Submit Application: Fill out DMCC online form with company documents and a business plan.
- Initial Approval: Upon acceptance, you can proceed with legal documents and payment.
- Office Space Selection: Choose from flexi desk, serviced, or permanent office units.
- License Issuance: Once documentation is verified and payment is made, your license is issued.
- Visa Processing: Apply for employee and investor visas under your DMCC license.
- Bank Account Opening: Open a UAE corporate bank account after license issuance.
Why Choose DMCC for Setting Up a Business in Dubai?
Establishing a company in DMCC offers several advantages for entrepreneurs, SMEs, and multinational corporations alike:
- 100% foreign ownership
- Full repatriation of capital and profits
- Zero personal and corporate income taxes for 50 years
- No restrictions on currency or capital movement
- World-class infrastructure and office spaces
- Located in a prime business district (JLT)
- Access to a large and diversified talent pool
- Eligibility to apply for UAE residence visas
These advantages make DMCC an ideal choice for businesses seeking scalability, credibility, and operational efficiency in Dubai.
Types of Companies Allowed in DMCC
Free Zone have permits a wide range of business activities. Below are the primary types of companies you can form:
Free Zone Company (FZC)
- Requires 2 to 5 shareholders
- Ideal for joint ventures or partnerships
Free Zone Establishment (FZE)
- A single-shareholder entity
- It can be owned by an individual or a corporate body
Branch of a Foreign or UAE Company
- No minimum share capital is required
- Enables foreign or mainland companies to establish a branch in DMCC free zone
Common Business Activities:
- Trading and Import/Export (precious metals, food, electronics)
- Professional Services (consultancy, legal, accounting, HR)
- Financial and Investment Services
- E-commerce and Digital Platforms
- Logistics and Distribution
- Media and Advertising
- Technology and IT Solutions
- Manufacturing and Light Industrial Activities
Maintains a many business activity classification system, allowing you to select either a single or multiple activities, depending on your business plan.
Step-by-Step Process for Company Formation in DMCC free zone
Setting up a company in DMCC is a streamlined process. Here’s a step-by-step breakdown:
- 1. Choose Business Activity Select your business category (trading, consultancy, manufacturing, etc.). You may select more than one activity if permitted.
- 2. Reserve Trade NameChoose a unique company name that complies with free zone authority naming guidelines.
- 3. Submit Initial ApplicationPrepare and submit the application, including basic documents such as passport copies, a business plan, and details of the shareholders.
- 4. Obtain Pre-ApprovalOnce documents are reviewed, Authorities provides initial approval.
- 5. Select Office SpaceSelect your preferred workspace: a serviced office, a flexible desk, or a dedicated office.
- 6. Submit Legal DocumentsSign and submit company registration documents, including Articles of Association and lease agreements.
- 7. Pay Fees and Issue LicenseMake the necessary payment for registration, license, and office rent. The license is typically issued within a few days.
- 8. Apply for Establishment CardRequired to sponsor employees and apply for visas.
- 9. Open Corporate Bank AccountOnce licensed, open a UAE business bank account with your chosen banking partner.
- 10. Apply for VisasApply for investor and employee visas via DMCC free zone online portal. official DMCC Free zone Authority website.
Cost Component | Estimated Price (AED) |
---|---|
Initial Registration | 10,000 – 15,000 |
License Fee (Annual) | 5,500 – 15,000 |
Office/Warehouse Rent | 15,000 – 50,000+ |
Establishment Card | 2,000 – 3,000 |
Visa Package (per visa) | 3,500 – 6,000 |
Additional Services (Optional) Based on business requirements | Note: These prices are subject to change based on business activity and visa quota availability. |
Required Documents for DMCC Company Setup
Advantages of DMCC Over Other Free Zones
Why Choose Mehar Business Solution LLC?
At Mehar Business Solution LLC, we are your trusted partner for forming a DMCC company in Dubai. With years of experience helping entrepreneurs and businesses enter the UAE market, we provide:
Explore More Business Setup Services
Alongside DMCC, we also assist with other popular business setup zones and services across the UAE:
- Mainland Company Formation in Dubai
- IFZA Free Zone Company Formation
- Meydan Free Zone Business Setup
- Ajman Free Zone Business Setup
- UAE Free Zone Visa Services
- PRO Services in Dubai
- Accounting and Tax Services in the UAE
- Corporate Bank Account Opening in UAE
- RAKEZ Free Zone Company Formation
Success in business starts with the right foundation—DMCC is where global ambition meets opportunity in Dubai.
Note
Some FAQ About DMCC Free Zone Service
DMCC offers Trading, Service, and Industrial licenses. You may combine multiple activities under a single license if compatible.
The process typically takes 5 to 10 working days, depending on the completeness of the documents and the number of approvals required.
Yes, once you receive your license and legal documents, you can open a business bank account with any bank in the United Arab Emirates (UAE).
No, the process can be initiated remotely, but you may need to visit Dubai for visa stamping or banking procedures.
Yes, you can apply for dependent visas once you hold a valid DMCC residence visa.