Business set up in DMCC

About Dubai Multi Commodities Center (DMCC):

DMCC is a strategic initiative of Dubai government created to establish a commodity market place in Dubai. Established in 2002, DMCC is located at the center of Jumeirah Lake Towers district. Made for Trade, DMCC established itself as a leading centre for trading international commodities and the world’s fastest-growing free zone. DMCC promotes and facilitates trade across a range of goods from gold, diamonds and precious metals to tea, food and industrial materials. Today, as home to major multinationals and start-ups, DMCC connects more than 17,500 businesses from 170 countries with the world-class services, leading infrastructure and vibrant community they need to thrive and succeed. DMCC is a free zone authority offering marketing participants of the commodities industry and support services invaluable business incentives.

Characteristics of DMCC company setup

• Activities permitted - Trading, Services & Industrial
• License provided - Trading, Services & Industrial 
• Type of companies - DMCC (limited liability ) & Branch 
• Share capital - AED 50,000/-(Minimum)
• Estimated Time - 3 to 4 weeks  for obtaining trade license

DMCC Company Formation Estimated Cost

Company set up begins from AED 52,000/- subject to availability and fulfillment of DMCC requirements

How can GBS help?

Global Business Services (GBS) is a professional organization that offers advisory, commercial, accounting, company formation & administration services in tax efficient jurisdictions around the world. The team at GBS has since inception, developed an excellent understanding of corporate requirements. We are known in the market to provide a higher standard of company setup guidance - without higher costs. We provide a free consultation that will help answer every question you may have about setting up a company in the UAE.

Company formation in Dubai

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions. We also suggest that independent legal, tax, professional advice be obtained by the user of this information before proceeding with incorporation.