Dubai Multi Commodities Centre (DMCC)

Dubai Multi Commodities Centre (DMCC)

With nearly 20,000 registered companies and a workforce of 60,000 employees representing 180 countries, Dubai Multi Commodities Centre (DMCC) is one of the most successful free zones in Dubai and the world. Located in a 200-hectare business and residential community of over 100,000 people living and working across 87 towers, DMCC is often called the beating heart of business in Dubai.

Businesses in the DMCC benefit from a plethora of freehold commercial property that they can buy or lease. With an expanding portfolio of new buildings, you have the flexibility to shape the office that you need and desire. On the other hand, if you are looking to save money, you can select a Flexi-desk or rent a shared space in any of the business centres located within the free zone.

Why Get a Dubai Multi Commodities Centre License?

  • Dubai Multi Commodities Centre (DMCC) is the fastest-growing free zone in the world by the number of companies registered yearly.
  • The Financial Times fDi Magazine awarded DMCC Global Free Zone of the Year for a record seventh consecutive year in 2021.
  • DMCC members can engage in commodity trading through organizations such as the Dubai Diamond Exchange, the Dubai Pearl Exchanges, the DMCC Tea Centre, DMCC Tradeflow, the Dubai Good Delivery Standard for Gold, and the DMCC Coffee Centre.
  • The DMCC Crypto Centre, an ecosystem for businesses operating in the crypto and blockchain sectors, is unique within the region. Over 100 crypto and blockchain-focused companies are based in the DMCC.
  • DMCC is within easy reach of both Dubai airports and Jebel Ali Port harbour while adjoining some of the most impressive retail and residential districts in the UAE.
  • You can own 100% of the company you incorporate and remit all profits to your home country without restriction.

License Types

DIFC has become a destination for all types of businesses. Whether you want to start a consultancy company, restaurant, spa, law firm, or trading business, DMCC is the place to be. Below is a brief overview of the costs of starting a new company within the DMCC free zone.

Services Fees Applicability Comments
Application $282 Once
Registration $2457 Once
Articles of Association (AOA) $550 Once Not applicable for branch setup
License $5525 Annual License fees may vary based on the number of business activities
Office space or Flexi-desk Varies Annual Varies based on your selection

You can find the latest complete list of fees on the DMCC schedule of charges page. Please note that for certain business activities, additional approvals and no objection certificates may apply.

Procedure to Start a Company via DMCC Free Zone

1) Complete an online form, pay the initial application fee of $282 and submit your application. The application is assigned to an account manager in the free zone. DMCC will complete the company name reservation, management, and compliance approval in approximately two to three weeks.

2) You will be notified of the next step on the DMCC online portal. Pay the registration and license fees and sign the DMCC legal documents at their office or online. Then, the free zone will issue a provisional approval and bank letter to facilitate a local corporate bank account.

3) You must have office space within the free zone; this can be a whole working office or a Flexi-desk. You’ll need to sign and submit the relevant documents for your new office space to the free zone authorities. Subsequently, you will receive your E-Licence and can start conducting business.

Professional Services to Start your DMCC Company

We are located within the DMCC. Our team has launched hundreds of businesses within DMCC across multiple sectors. So let us be your one-stop solution for DMCC company formation services.

If you seek comprehensive expert advice, don’t hesitate to contact us for professional assistance.

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