Guide to Dubai Multi Commodities Centre
Dubai Multi Commodity Centre (DMCC) generates approximately 15% of the emirate’s FDI. It’s a great place to set up your business. DMCC is hosting over 25,000 companies and offering state-of-the-art facilities with 87 commercial towers. It’s especially known for its scope in commodity trade, e.g., gold, diamonds, and oil, but you can choose from a diverse range of business activities while setting up your company.
Here’s why DMCC is truly special:
- Consistently ranked as the leading free zone globally by the Financial Times’ fDi Magazine.
- Situated in the heart of Dubai with excellent connectivity to global markets via air, sea, and land.
- Offers a secure and transparent regulatory framework, making it a trusted business hub.
It’s a global leader in commodity trading. Investors and stakeholders from around the world shape the zone’s diverse business environment, which hosts startups as well as well-established MNCs. The services provided are suitable for both.
Thinking of company formation in DMCC? It requires a streamlined process and a business plan. This guide walks you through the process of company registration and everything you should know before setting out to start your company setup.
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Types of Licenses in DMCC Free Zone
- Trading License
- Service License
- Industrial License
This license covers the range of activities involving the buying and selling of anything. Sales, imports, exports, all fall under its scope. If you’re starting a business that is relevant to trade, you’ll have to acquire this license. It also covers sectors such as the trade of oil, gas, crypto, and financial services. There are numerous other opportunities and business setup ideas under this license.
Individuals or companies offering any kind of professional service require this license. The service can be from a range of different sectors, including doctors, media production, artisans, craftsmen, laundry, travel guides, beauty, and eateries. Essentially, any service provider falls under the jurisdiction of this license. There’s much demand for professional services in the zone, opening many opportunities for startups.
Production and manufacturing companies fall under the jurisdiction of this license. Any company that takes raw materials and turns them into products needs to acquire this license. Major business setups with this license in the zone deal in gold and precious metals. Design and production of different commodities have the same bright scope in this zone as their trade.
Top Selling DMCC
Promotions
Basic
STARTING FROM
AED 11,900.00
Save up to AED 1,785.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 17,900.00
Save up to AED 2,685.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 25,400.00
Save up to AED 3,810.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 23,900.00
Save up to AED 3,585.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 27,400.00
Save up to AED 4,110.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 25,900.00
Save up to AED 3,885.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 29,400.00
Save up to AED 4,410.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 31,400.00
Save up to AED 4,710.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 29,900.00
Save up to AED 4,485.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 33,400.00
Save up to AED 5,010.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 31,900.00
Save up to AED 4,785.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 35,400.00
Save up to AED 5,310.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 33,900.00
Save up to AED 5,085.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 37,400.00
Save up to AED 5,610.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 35,900.00
Save up to AED 5,385.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 39,400.00
Save up to AED 5,910.00
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 37,900.00
Save up to AED 5,685.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 41,400.00
Save up to AED 6,210.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 39,900.00
Save up to AED 5,985.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 43,400.00
Save up to AED 6,510.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Process and Timeline
- 1Should be 18 years old and above
- 2Should not have any criminal records
- 3The business should be legally permissible
- 4Should be an individual, corporate or mixed of both
Company Registration
For Individual Shareholder/s
1. Scanned passport copy
2. Emirates ID copy (back & front), if applicable
3. Scanned visa copy/UAE Entry Stamp/Tourist or Visit Visa Copy
4. Number of Shareholders with sharing (%) of Manager of the company
If Manager is not a Shareholder:
1. Full Name as per the passport
2. Valid Phone Number
3. UAE Home Address
4. Scanned passport copy
5. Passport size with white background
6. Scanned copy of the visa page
7. Emirates ID copy (back & front)
For Corporate Shareholder/s
1. Board resolution
2. Trade License, MOA, Incumbency, Share Certificate of the shareholding company
3. Passport copy/ies of the UBO/s
4. Passport copy/ies of the Manager/s
5. Visa of the Manager/s if UAE resident
6. UAE Home address of the Authorized Signatory
7. Passport size photo of the Authorized signatory
8. Number of Shareholders with sharing (%) of Manager of the company
Residence Visa Application
Company Documents
1. Trade License copy
2. Establishment Card copy
Applicant
1. Scanned passport copy, should be current and valid for at least 6 months – coloured, uncut with full border
2. Passport size photo with white background
3. Tourist or visit visa/Residence Cancellation report copy (if applicable)
4. Emirates ID copy (if applicable)
5. Duly filled visa application form
License Package Fees
Standard License – Zero Visa Package
Starts from
AED 11,900
Standard License – With Visa Package
Starts from
AED 17,900
Immigration Fees
Establishment Card – New
AED 2,000
Establishment Card – Renewal
AED 2,200
Visa Application Fees
Residence Visa – 3 years
AED 3,750
Additional AED 1,000 on the visa fee if applying for an Investor/Partner Visa and an AED 48,000 share capital is required.
Change Status
AED 1,600
Applicable if within the UAE application only.
Medical Test
Normal (48 hours) – AED 450
VIP (within 24 hrs) – AED 750
Emirates ID – 3 years
AED 375
Company Registration
Trade Name Approval
1 business day
Shareholder’s Security Approval
5-7 business days
Trade License Issuance
3-4 business days
Establishment Card Application
1 business day
Establishment Card Issuance
5-7 business daysResidence Visa Application
Electronic Visa Application
5-7 business daysClient Arrival (if outside the UAE) | Change Status (if within the UAE)
Depends on the client | 2-3 business daysMedical Test
1 business dayMedical Test Result Release
Normal - 2 business days | VIP - within the dayEmirates ID Typing
1 business day
Obtaining Health Insurance
Depends on the client | Mandatory if applying in Dubai & Abu Dhabi
Visa Approval
5-7 business days
Emirates ID Biometrics & Photo Capturing
Approx. 15-20 business days from the date of Emirates ID typing
Emirates ID Issuance
5 business daysSteps to Start your Business Setup in DMCC
Explore the business activities, market trends, and finalize your business plans. Consult a business consultancy like IBG Consulting for effective help in choosing the right packages, smoothening the setup process, and saving you all efforts.
This step is important. You need to complete the following tasks before submitting your online application:
- Complete payment and sign required documents
- Choose the office solution that best suits your business
- Submit your online pre-approval application
After the approval in around 10 business days, you will have the license as well as office space. You’ll be free to conduct your business operations. Conduct market research, try out different strategies, and market the company to stand out from your competitors.
Benefits in Dubai Multi Commodities Centre
0% income tax
100% ownership
Full capital return
Easy digital setup
Multi-year licenses
Business-friendly rules
Strong global links
Access to trade hubs
Prime Dubai location
Top networking access
Service Highlights for Businesses in DMCC
Lifestyle & Community
DMCC is more than a business hub. It offers world-class living in Jumeirah Lakes Towers (JLT) and Uptown Dubai. Work, live, and thrive in a vibrant community designed for success and lifestyle.
Business Services
DMCC provides an easy setup process for businesses in Dubai. This global free zone offers an even easier and comprehensive renewal process after the designated period. It’s known for smoothening the business environment.
Eco-Systems
It offers numerous established ecosystems that you can join and benefit from. Examples include agro, tea, coffee, gold, diamonds, lab-grown diamonds, energy, water, technology, gaming, crypto, AI, and e-commerce.
Types of Company Setups in DMCC Dubai
Individual
An individual stakeholder company is the type where the ownership is held by a single owner. It simplifies many business processes, engagements, and is good if you’re a sole owner. This type is perfect for startups and sole business owners in the United Arab Emirates.
Joint Venture
A joint venture company is owned by several entities, be it a combination of individuals or companies. This type facilitates bigger local companies and MNCs. Choose this type if your company has to be divided among different stakeholders or partners.
Subsidiary
A subsidiary is a child company owned by its parent company. It has a different name and can be involved in different activities from the parent company. This type is perfect if a company aims to reach new audiences and engage in new business activities.
Branch Office
If you have an established business outside, DMCC provides a way for you to have representation here. A branch office is a representation of a local or international company in the free zone. Perfect for expanding companies.
Transfer Company
If you have an established business outside DMCC and your business needs relocation, DMCC offers an easy transfer to its jurisdiction. Companies dissatisfied with their current growth can benefit from this option.
Family Office
A family office is a wealth management entity whose role is to provide wealth management services to specific families with high net worth. With many such families residing around the zone in Dubai, these companies stay in high demand.
Future of DMCC and Effective Consultation
Your business can enjoy the growth and creative growth of DMCC if you set up a company there now. Need Help? Contact IBG Consultancy to provide you with the best packages, business solutions, and market insights. It'll cut you from extra costs and save you from wasting any efforts.
Frequently Asked Questions
What is the Dubai Diamond Exchange, and why is it important?
The Dubai Diamond Exchange is a key trading hub within DMCC Dubai, facilitating commodity trading in diamonds and precious metals. It offers a secure platform for traders, ensuring transparent transactions. As part of the Dubai Multi Commodities Centre Free Zone, it strengthens Dubai’s position as a global trade leader.
How does DMCC support registered companies?
The DMCC Authority provides business services, networking events, and compliance assistance for registered companies. It supports various sectors, including DMCC Crypto, DMCC Tea Centre, and DMCC Coffee Centre. Through its initiatives, it enhances business growth, making it the number one global free zone for trade.
What are the benefits of setting up a company in DMCC?
When you set up a company in DMCC, you benefit from 0% income tax, 100% foreign ownership, and a strategic location in the district of Dubai. The free zone authority offers flexible business setup packages, ensuring smooth operations across different permitted business activities.
How long does the DMCC business setup process take?
The setup process in DMCC is streamlined, taking around 10 business days after document submission. The company registration certificate is issued upon approval. The DMCC Free Zone Authority ensures a hassle-free experience for new businesses looking to establish themselves in a global freezone.
What types of companies can be formed in DMCC?
DMCC companies can choose from various structures, including a limited liability company, subsidiary of a parent company, and branch office. Businesses can operate in sectors like commodity trading, financial services, and e-commerce, making DMCC a versatile hub for enterprises of all sizes.
What commercial activities are permitted in DMCC?
DMCC accommodates commercial activities across multiple industries, including gold, diamonds, energy, AI, and gaming. Companies can operate in trade, services, or manufacturing within the free zone’s regulations. The government of Dubai ensures a well-regulated environment for growth.
What is the cost of setting up a business in DMCC?
Setup costs vary based on the business setup packages chosen. Costs depend on office space, license type, and company structure. The DMCC Free Zone offers flexible plans, making it ideal for startups and established firms alike.
What are the rules and regulations for DMCC businesses?
The rules and regulations of the Dubai Multi Commodities Centre Free Zone ensure transparency and compliance. Businesses must adhere to industry standards, licensing requirements, and annual license renewals to operate smoothly within the free zone.
Can a company relocate to DMCC from another free zone?
Yes, businesses can transfer to DMCC from other free zones in UAE. The process is efficient, allowing companies to benefit from DMCC’s world-class facilities, global business network, and assistance with Free Zone requirements.
Why is DMCC consistently awarded ‘Free Zone of the Year’?
DMCC has won ‘Free Zone of the Year’ multiple times due to its strategic location, business-friendly policies, and extensive industry support. The Dubai Multi Commodities Centre offers an unmatched ecosystem, making it the preferred choice for entrepreneurs and multinational corporations.
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