DUBAI MARITIME CITY (DMC)2024-09-25T06:44:06+04:00

UAE MAINLAND

DUBAI MARITIME CITY (DMC)

What is the significance of having a UAE mainland firm, and what does it represent?

Dubai marine City, the world’s first purpose-built marine hub, was established in a matter of only a few decades.

DUBAI MARITIME CITY (DMC)

UAE Mainland

Dubai marine City, the world’s first purpose-built marine hub, was established in a matter of only a few decades.

What is the significance of having a UAE mainland firm, and what does it represent?

The maritime industry has a long history in the United Arab Emirates, having begun with fishing and pearl diving and developing into the sea trade of today. It is obviously to expect that a large number of sailors arrived in the nation for ease of conducting business, given its strategic location between Asia and Europe.

In addition to providing all of the needs of the maritime sector, Dubai Maritime City serves as the hub for the maritime industry in the region and nurtures a worldwide marine community by serving as a venue for networking and collaboration among various companies operating in the sector.

Dubai Maritime City is cleverly located in the heart of Dubai, near the creek area business district between Port Rashid & the Dubai Dry docks. It is surrounded by the Arabian Gulf, providing convenient access to the water. Additionally, easily accessible are the airport and public transportation options.

Dubai Maritime city have marine crafts license which Foreign and local business can build and use vessels according to the international maritime standards with this license. Maritime commercial license, using this license will let companies perform maritime activities in the city of Dubai while individuals will be allowed to do leisure maritime activities. Maritime operation services license is a must for companies operating in waste management in sea water. Maritime education and research license for academic business that is involved with the education and research of maritime affairs. Use Commercial license for

any business and individuals that wants to do in general.

Dubai Maritime City is a significant hub for both regional and global marine businesses, designed to facilitate a range of maritime activities. The area includes a zone dedicated to vessel repairs, equipped with workshops that provide convenient access for boats and open spaces for loading and unloading.

 

Advantages Of Business Setup in DMC

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Dubai Maritime City (DMC) For Your Company Formation?

Dubai Maritime City was established with the goal of giving its employees access to a comprehensive living and working environment. It is an integrated maritime cluster that offers a complete experience by including industry, regulation, and infrastructure. It features warehouses for the storage of goods and parts essential to businesses in the marine industry.

Showrooms stage an extensive assortment of items, goods, and merchandise specifically related to the marine sector. Moreover, there are specialized stores that cater to lines of marine products, making Dubai Maritime City a widespread and focused center for all maritime needs. DMC’s strategic seaside location, open routes to the eastern and western shipping corridors, and symbolic status as the epitome of all maritime events are predetermined.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Dubai Maritime City (DMC)

How many vessels are repaired in Dubai Maritime City?2024-07-10T10:31:06+04:00

With their extensive capabilities to manage vessels and an efficient operations centre, an average of 500 vessels are repaired at Dubai Maritime City every year. This number is sure to increase given the growth of Dubai Maritime City in recent years.

What is the largest workshop size available?2024-07-10T10:31:44+04:00

Dubai Maritime City offers workshops in a range of sizes. Yet the Yacht Repair Workshops would be the biggest. These are dedicated workshops designed to accommodate yachts requiring care and repairs. A yacht repair workshop has 2,522 square meters (27,146.58 square feet) in size.

Does a license in Dubai Maritime City need the renting of an office or other business space?2024-07-10T10:32:10+04:00

The licensing authority that governs business set up and issuing an operating licence is Ports, Customs and Free Zone Corporation. Visit their website or connect with us for more information.

How many warehouses are part of Dubai Maritime City?2024-07-10T10:32:54+04:00

The 217 warehouses in Phase 1 of the industrial district provide ample of storage space for ship maintenance and repair activities. Warehouses range in size from 510 square meters (5,490 square feet) and up.

Is it possible to construct staff accommodation on the industrial land plot?2024-07-10T10:33:39+04:00

It is against DMC standards to build staff housing on a plot of land or a leased warehouse. An industrial land’s only usage is for maritime operations. However, as part of their new project, more than 8,000 men and 900 women who work in ship maintenance enterprises in Dubai Maritime City will have accommodation.

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