DMCC

DMCC Free Zone

DMCC (Dubai Multi Commodities Centre) was established in 2002 as a strategic initiative of the Government of Dubai to provide a platform for investors to trade in global commodities. Various commodoties DMCC was awarded the 'Global Freezone of the year' by Financial Times for 2 consecutive years.

Why DMCC Free Zone Fees & Packages

A few facts about DMCC Free zone

1
0% personal and corporate income tax
2
100% ownership of business & capital reallocation
3
Diverse business and investment options including many commodity sectors, and other businesses as diverse as agro, energy and financial services to diamonds, gold and base metals
4
All DMCC offices are based in Jumeirah Lake Towers, Dubai - one of the most advanced Commercial & Residential districts in UAE
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WHY CHOOSE DMCC FREEZONE?

DMCC free zone has a very friendly and comfortable regulatory standard and provides a safe and secure environment for businesses and their clients. DMCC offers various kinds of business activities to choose from for company formation.

DMCC is the dedicated global hub for more than 13,000 businesses from a wide range of industries and sectors.

If you are a member of the business community in DMCC free zone, then you can spread your business to gain more profits as it has a wide range of business opportunities to choose from. DMCC has 66 towers with both office spaces as well as leased properties.

As a DMCC member, the business has access has the advantage of unparalleled trade connections within Dubai, the UAE and global commodities markets.

DMCC is a pioneer in the Middle Eastern business world as it is the sole international commodity centre in the region. It provides essential support to specific trading of commodities including Diamonds and Pearls, Gold, Metals, Tea and a lot more. This freezone in JLT also provides value-added services such as DMCC Tradeflow and the Dubai Good Delivery Standard for Gold.

1Can a free zone company hold its offices outside the free zone?
As per the ruling issued in 2011, entities (a free zone company or a free zone establishment) operating in free zones can open branches in Dubai. As per Law No. 13 of 2011 on business registration and licensing in the Emirate, it was announced that free zone companies are allowed to conduct business within Dubai (outside their free zone) once they have a DED license or set up a branch in mainland Dubai.
2Can a free zone company do business or trade outside the free zone?
A freezone entity can do business in the Rest of GCC and Internationally from its freezone setup. Also, law no. 13 issued in 2011, states that free zone companies can set up a branch in Dubai to trade legally, without the need of a local sponsor. They will, however, need to have a local service agent. According to the law, the local service agent can be a UAE national or a UAE company which will sponsor employees for the Dubai branch of a free zone company at the Ministry of Labour. The local service agent will have no rights of voting or decision-making in the company.
3Can I obtain financing in Dubai?
Various private sources like banks and investment groups provide financing options, given the entity is more than 2 years old and the business owner is a resident of UAE. Neither the Government of Dubai/UAE nor the Free Zone authority will provide any financing.
4Can I transfer or receive money from outside UAE/Dubai?
As per UAE Laws, you are allowed to receive or transfer capital and profits outside the country.
5How many free zones are there in Dubai?
There are more than 40 Free Zones operating in UAE, with over 20 freezones in Dubai alone. IBG Consulting can make things simple for you by helping you choose the right freezone for your business.

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