How To Be a Part of the Leading Free Zone in the UAE

Established in 2002, the Dubai Multi Commodities Centre (DMCC) is now a famous hub for global commodities trade. Headquartered in Dubai, DMCC is the world’s #1 Free Zone today with over 15,000 registered companies. It is presently the world’s most interconnected Free Zone and is a recipient of “Global Free Zone of the Year” award given by the Financial Times FDi Magazine for four consecutive years.

To be a part of the DMCC offers the following benefits:

• 0% Personal and Corporate Income Taxes
• 100% Business Ownership and Capital Repatriation
• Thriving Business Center
• Strategic Location
• Live and Work in One Vibrant Community
• Flexible Solutions
• One-Stop Shop
• Online Portal for All Services

The DMCC is the only international commodity centre in the region which supports commodity trading across certain commodity groups, namely, Gold, Diamond, Pearl and Tea, among others. Its strategic location adds more to investors’ convenience. The DMCC is situated in the heart of Dubai, on main Sheikh Zayed Road and approximately 1 hour and 15 minutes away from Abu Dhabi. The place covers 2 metro stations, DMCC and DAMAC Properties. Both the Dubai International Airport and the New Maktoum International Airport can be reached in 30 minutes.

How to Join the DMCC Community?

The first step is to identify what kind of business activity you want to do, how much capitalization is required for your business and the number of visas the company requires as this visa allotment will determine the suitable office solution needed for your business. The initial requirements to setup a DMCC company are:

• Completed Application Form
• Applicant’s Personal Profile (short CV)
• Passport copy (valid, clear and coloured with signature page)
• NOC from sponsor, if applicant is holding a valid UAE visa
• Bank Reference Letter (original, not older than 3 months, signed by authorized signatory and stamped by the bank)
• Utility Bill or Proof of Address (not older than 3 months)
• Company Profile / Business Plan (with highlights on the activities, target clients, market, funding source and financial plan)

Looking for an expert advise on how to go through the setup process? MERA Advisory Services DMCC can assist you to start, grow your business and be a part of this world-class community. Please call +971581630828 or email info@meraadvisoryservices.com today for any questions.