Dubai Multi Commodities Center (DMCC), established in 2002, is located in Jumeirah Lake Towers (JLT). It is the ideal free zone for commodities trading, financial services and a variety of high-tech industries, including agro, energy, diamonds, gold and base metals. Despite being awarded "Global Free Zone of the Year" seven years in a row, it brings together over 20,000 businesses from every sector and industry.
● Ideal for the precious metal, gem, and diamond trade
● DDE Vault- world-famous secure diamond vault for storage
● Flexi-desk up X visa for service activities
● Numerous office types and locations
● Ideally situated in the centre of Dubai and close to public transport options
● 100% tax-free status for businesses and individuals
● A broad variety of business activities
● No limitations on the use of foreign money
● 100% capital repatriation and business ownership
● Online service portal
● Trading License
A trade licence is required to open a business in Dubai that deals in the purchasing and selling of goods. This licence may apply to businesses involved in sales, general retail, import/export, etc. It provides the greatest degree of independence and flexibility for running a firm.
● Industrial License
Businesses that engage in manufacturing processes that turn raw materials and resources from natural materials into finished goods are granted this sort of license. This licence applies to businesses that manufacture precious metals and gold.
● Service License
Businesses that operate as service providers, artisans, or craftspeople are granted this sort of license. Examples of businesses that apply for this kind of licence include repair services, medical services, and beauty parlours.
Contact us to get assistance for company setup in DMCC!!
Visas are typically issued in three to five working days after being processed through the DMCC's online portal.
Any Taxable Supply rendered by DMCC to you in the UAE will be subject to 5% VAT, which will be charged by DMCC in addition to the cost of the supply.
DMCC requires all member companies (subsidiaries, branches, joint ventures) to prove that their parent company is still in good standing every two years.