Dubai Multi Commodities Centre (DMCC)

Company Formation in DMCC

Located in Jumeirah Lake Towers, Dubai UAE DUBAI MULTI COMMODITY CENTER (DMCC) is a organized, highly reputed Freezone. It is a top rated Free zone. DMCC is the largest and fastest growing free zone in UAE. It was established in the year 2002 by the Government of Dubai. The initiative was to setup a commodity market in the emirate of Dubai. DMCC supports gold and precious metals industry. The free zone facilitates to trade across various industries like gold, diamond, pearls and other commodities. DMCC is the leading free zone in the world for rough and polished diamond trading. DMCC operates a exclusive Dubai Diamond exchange.

Advantages of opening company in DMCC

Easy & Simple Process
Complete capital repatriation
Complete process is done online, hence investor presence is not required during initial stage.
Both flexi desk as well as complete office space is available depending upon the client requirement
Located in heart of city

License Types

Trading license
Services License
Industrial License

Documents required

Passport copy of Shareholder/ Shareholders
If shareholder is a resident of UAE – then visa page copy and Emirates ID copy of Shareholder/ Shareholders
If shareholder is not a resident of UAE – then visit visa page copy with UID no

For certain nationals, initial approval will be required from authority prior to starting the process.

Process of Company Formation

Kindly note complete process of company formation in DMCC is through DMCC portal – online.

Obtain name approval of Company
Once documents are submitted authority will process the license and for activities without initial approval, license will be issued in 2-3 working days.
Submit business plan, CV of director
Once initial approval is obtained, then applicable fees need to be remitted online to complete process
Trade license will be issued
Immigration card takes 2-3 working days
Shareholder visa takes 4-5 working days depending upon normal

In DMCC, each shareholder will have a share capital of AED 50,000 by way of depositing in the bank account and confirmation from banker needs to be submitted only then share certificate will be issued by free zone authority

Documents provided by authority after license issuance

Certificate Of Incorporation
Trade license
Memorandum of Association
Share Certificate
Tenancy Contract

The visa eligibility in DMCC comes based on the type of office selected. If desk office is selected then it comes with 3 visa eligibility. If proper office is selected then visa eligibility will be based on the office size chosen.

Why INSTACO

Dubai has a lot of zones where you can set up free zone companies with ease. But before moving ahead, you need to ensure that there needs to be someone who can assist you with these company setup activities, and Instaco is a great name in Dubai to deliver you these services. Instaco will get you a license by advising you the trade name (if you wish) and giving you the visa and making your money way easy. So look at their site and know more!