Dubai Multi Commodities Centre (DMCC)

Quick, hassle-free acquisition of your DMCC visa, only here at BSC

The Dubai Multi Commodities Centre is one of the most progressive free zones in the United Arab Emirates today. Part of the national initiative to bolster growth and economic diversity throughout the country, the Centre is designed to provide the requisite physical, financial, and market framework to support local and foreign investments. Featuring a host of benefits such as complete tax exemption, capital repatriation, and absolute business ownership, the economic hub has enjoyed phenomenal growth over the years, turning into the largest free zone in the UAE. The free zone, however, is very particular with its management of visa applications. Applications must go through a highly structured and organised process in order to ensure the quality of service that every business provides. Make sure you do everything right the first time, with the help of professional DMCC visa application services from Business Setup Consultants.

Helping you apply for a DMCC visa, so you never have to do it yourself

Business Setup Consultants is a professional business solutions provider, serving customers in Dubai and the rest of the UAE. Our mission is to assist our customers through every stage of the business setup process, ensuring lean and transparent processing all throughout, for superior value for money. We offer a comprehensive suite of solutions designed to accelerate the setup stage and help businesses prepare for operations right on day one. Our professional visa processing services are designed to take away the paperwork and documentation away from your hands, so you can concentrate on the most important part – growing your business.

Complete transparency on application fees and other requirements

To ensure complete transparency, we will provide regular updates on the processing of the visa to always keep you on the loop. This will also allow you to have an overview of where your spending is going. Avoid the frustration of time-consuming paperwork. Get your visa applications done by BSC today.

DMCC - Global Free Zones of the Year 2014

Contact us today to find out how you can start your business at DMCC OR use the form on right side to send us a message →

Use this form to get in touch with us for FREE CONSULTATION !

ADVANTAGES

ADVANTAGES OF SETTING UP BUSINESS IN DMCC

  • The fastest growing free zone in the United Arab Emirates and GCC
  • 100% business ownership for expats and sole shareholders are allowed
  • Unique purpose built infrastructure
  • The only free zone in which the free zone authorities don't own a majority of the properties. Quality commercial and residential properties with freehold or leasehold option
  • Premier location for new business locating to Dubai
  • Strategic location on Sheikh Zayed Road, the main arterial connecting Abu Dhabi and Dubai, close proximity to the Dubai Logistics Corridor, which comprises the Jebel Ali Free Zone and ports and Al Maktoum International Airport
  • Secure regulated environment with a full range of business activities.
  • Guaranteed 50-year tax holiday on personal and corporate tax
  • 100% capital repatriation
  • Seamless and efficient licensing and registration procedure.

CHARACTERISTICS

LEGAL ENTITIES PERMITTED
Dubai Multi Commodities Centre (DMCC) limited liability company, Branch of a foreign Company, and Branch of a UAE Company.

TYPE OF LICENSES ISSUED
Services, Commercial Trading, General Trading

SHAREHOLDERS
One Shareholder minimum for a DMCC company. A minimum of one director is required and there is maximum of 7. You can be a partner/shareholder in multiple companies.

SHARES
No bearer shares will be allowed.  All shares must be fully paid when allocated. No different classes of shares allowed.

SHARE CAPITAL
The minimum share capital for a new Company and Subsidiary is AED 50,000 per company. Branches are exempt from the requirement of additional share capital. Certain activities require a larger share-capital. Minimum par value of each share should be AED 1,000 or multiples thereof. The share capital needs to be deposited in the company bank account within 3 weeks from the date of the trade license being issued. It may be withdrawn immediately thereafter.

DIRECTORS
No corporate directors allowed.

MANAGER
Every company shall have a manager who must also be under the company’s visa. It should be a natural person and his name shall be on license.

RESTRICTIONS ON NAME
Names must end with the word "DMCC" as the case may be. Location names and religious words are prohibited.

PRESENCE
The shareholder has to be physically present either himself or through an attorney at the Free Zone.

AUDIT
The company shall appoint an auditor and file annual accounts as may be requested the authorities.

FACILITIES OFFERED
Office units, Flexi desk, Service desk, Serviced office

VISA ELIGIBILITY
Employment Visa availability depending on size of office. No Investor Visa Category Available

GOVERNING LAW
Companies are subjected to the UAE law in general and for some specific functions law of the Emirates of Dubai.

OTHER SERVICES
Driving License and other functions need to be applied from Dubai Government Departments.

DOCUMENTATION

DOCUMENTS REQUIRED FOR

INDIVIDUAL SHAREHOLDER

  1. Application forms duly signed by the authorized signatory.
  2. Shareholders’s Personal Details, Proof of Address (utility bill or Ejari) Power of attorney (if any) and clear passport copy with the validity of six months, Signature Specimen, Passport copy & Power of Attorney for Manager, Director & Secretary.
  3. Original Bank Share Capital Letter is required
  4. Business Plan 

CORPORATE SHAREHOLDER

  1. Applications forms duly signed by the authorized signatory.
  2. Certificate of Registration (or) Certificate of Incorporation (or) Certificate of Good Standing of the Mother Company, Memorandum & Articles of Association of the Parent Company. (Attested)
  3. Board Resolution calling for the establishment of a DMCC company, attachment of Specimen Signature, Passport copy & Power of Attorney for Manager, Director & Secretary.
  4. Letter from the shareholding company for the appointment of a Manager.
  5. Business Plan

DOCUMENTS REQUIRED FOR ESTABLISHING A BRANCH COMPANY

  1. Application forms duly signed by the authorized signatory.
  2. Certificate of Registration (or) Certificate of Incorporation (or) Certificate of Good Standing, Memorandum & Articles of Association of the Mother Company, Attachment of Specimen Signature, Passport copy & Power of Attorney for Manager and Directors. (Attested)
  3. Board Resolution calling for the establishment a branch in DMCC and guarantee full financial commitment.
  4. Letter from the parent company for the appointment of Manager.
  5. Business Plan
TOP