The Dubai Multi Commodities Center (DMCC) is the largest and most recognized free trade zone in the UAE. DMCC was established in the year 2002 in the heart of Dubai on the lakefront of Jumeirah Lake Towers (JLT) district. It is just minutes away from the Jebel Ali Sea and Airports and The Logistic Corridor.
The free zone opened trade corridors for diamonds, precious stones, jewelry, and energy commodities trading through Dubai. According to Standard and Poor’s, The Dubai Multi Commodities Centre free zones credit rating is an “A” indicating that the commitment to meet its obligation is excellent. DMCC is one of the fastest growing free zones of UAE.
In a period of few years – DMCC has received accolades like ‘Global Free Zone of the Year’ seven times by The Financial Times | fDi magazine. With boundless opportunities, DMCC has more than 21,000 entities in its district and is still growing. It is one of the world’s most recognized and interconnected free zones of UAE.
People prefer the DMCC free zone to take their business to greater heights because of three main reasons
- Accesul pe piețele globale
- World-class resources
- Opportunities to expand
The international economic environment has been challenging and recovering post Covid, but The Commodity Trade Index shows that the country continues to be a leading global trade hub. Building on this, the free zone focuses on the ease of trade by encouraging the commercial ability the UAE possesses.
Common company licenses provided by DMCC
- Licență comercială
- Licenta industriala
- Licență de service
The UAE government does not levy additional taxes on the stakeholders investing in the Emirates, which makes the business setup process seamless. The United Arab Emirates is among the top commodity trading hubs of the world.
The most prevailing commodity exchanges of DMCC are
- Pietre pretioase
- Energie
- Oțel și metale
- Agricultură
Services offered in DMCC
The primary goal of forming the DMCC free zone was to create an extraordinary working environment for companies that invest in commodity services. DMCC offers class-apart services hence they maintain strict legislation procedures harmonized with international policies.
Foreign companies can benefit from picturesque infrastructure, financial service support and real estate services. Business owners venturing out in the free zone can avail advantages like registration and licensing services, permis de muncă, immigration facilities and customer care assistance.
Activities available in DMCC Free Zone
Being one of the fastest growing free zones in Dubai, the Dubai Multi Commodities Centre makes it an excellent choice for entities operating in the trade sector. If you are an entrepreneur/ investor looking out to start your business in the DMCC free zone, you can operate in an array of industries which include:
- Import and export of commodities within DMCC (free zone companies can only run businesses in the economic zones they are set up in)
- Warehouse and storing activities (DMCC provides generous and spacious warehouses)
- Logistics activities that apply to both national and international transportation of goods
- FMCG activities that involve the wholesale and retail sale of various commodities within the free zone
- Proprietary trading in crypto and OTC platforms
- Precious metal trading, including gold trading, and other specialized activities requiring special licenses in Dubai Mainland
- Commodity trading in various sectors
- Allows an investor to obtain a dual license
- Commercial activities in the Dubai Gold and Commodities Exchange, a subsidiary of DMCC
- One of the two free zones that allows crypto commodities trading
DMCC – An emerging crypto hub
You can now acquire your crypto license in the DMCC Crypto Centre. It is a thriving cryptocurrency ecosystem that has become the primary provider of crypto licenses for businessmen and entrepreneurs.
The DMCC crypto license offers you the ability to conduct crypto-business-related activities such as:
- Crypto software development
- Crypto management
- Comerț cripto
- Crypto consulting
- Proprietary trading in crypto
- Proprietary trading in OTC platforms
Additionally, the DMCC Crypto Centre provides:
- Access to cutting-edge facilities and coworking spaces tailored for blockchain and crypto ventures.
- A collaborative environment with key blockchain and crypto stakeholders, enabling networking and partnerships with industry leaders.
- Support for blockchain R&D initiatives, facilitating innovation in cryptocurrency applications.
- Integration with DMCC’s broader ecosystem, including precious metal and commodity trading, allowing businesses to diversify operations.
Advantages of establishing a company in the Dubai Multi Commodities Centre
Businesses formed in the DMCC free zone benefit from:
- complete foreign ownership
- 100% repatriere capital
- 0% corporate and personal income tax
- no tax on import and export duties
- locatie strategica
- world-class infrastructure with secure and guaranteed work environment
- bank account services
- lifetime investor visa and work permit for employees and shareholders
- own real estate properties in the DMCC
Start your journey with Shuraa Business Setup
No matter the type of activity you plan to do in Dubai Multi Commodities Centre Free Zone, Shuraa’s team of professionals will help you with the complete setup procedure. From documentation to the license process, our talented experts will always cater to your doubts.
For all your requirements all you must do is contact us and your work will be done in no time!
Conectează-te cu noi pe +97144081900 sau trimiteți-ne un mesaj pe WhatsApp pe +971507775554De asemenea, puteți trimite un e-mail la enquiry@shuraa.com și obțineți răspunsuri la toate întrebările dvs.
