Dubai Multi Commodities Centre free zone shorty known as DMCC free zone is the fast emergent and a large free trade zone in the UAE; with over 12,000 plus listed companies. It was first started in the beginning of 2002 by the gov’t of Dubai in order to form a commercial focal point for commodity related trades. Due to the popularity of DMCC Free Zone has been named “International Free Zone of the Year 2015” by The Financial Times FDI Magazine.
The DMCC free trade zone is exponentially developing as every twelve months 2100 plus companies are setup to conduct business under free zone liberal professional rules and enjoy advantages of 100% foreign ownership and tax free atmosphere in the best business state in the region.
Due to its close nearness to most important business centers permits businesses to accomplish supreme as businesses have access to more shipping which permits them to stretch out to the blooming global marketplaces.
In order to work administrations need a DMCC free zone visas for their employees. With deep understanding of DMCC Free Zone and us at business setup consultants can guide you through the course. With years of knowledge in market we can suggest you a crystal clear licensing and setup process which will be best suits you. With the DMCC free zones tax free atmosphere and other business friendly policies you will achieve 100% capital repatriation. DMCC company formation is the demand of every investor; who which to start their company in the free zone.
Advantages of Business setup in DMCC Free Zone
Company registration in DMCC Free Zone will offer you 100% expat ownership of your company. And also business setup in DMCC free zone will benefit you with no taxation (no personal income tax and as well as there is no corporate taxes). Business setup in DMCC will benefit you with no restriction on capital repatriation. Business setup in DMCC will benefit you with no duty levied on import as well as export. Company formation in DMCC free zone has Flexible Office Solutions. World-class infrastructure available for business setup in DMCC free Zone. DMCC Free Zone is the rapidly growing free zone in UNE and GCC therefore Business setup in this zone will boost your business
Business Setup in DMCC require following License Types
General Trading License
Business setup in DMCC free zone with General trading license allows consolidating, distributing, import, export, and store number of types of products.
Commercial or simple trading License
Business setup under Commercial simple trading License allows to consolidating, distributing, import, export, and store number of types of products that are specified in the license.
Service License
Business setup under Service License will allow you to carry out activities like service or consultancy that are specied in the license.
DMCC has do their best over the last 12 years to place Dubai as the world largest commodities trade hub through the delivery of its matchless commodity focused bionetwork. The main charm of DMCC free zone is that it is in the heart of Dubai. It is very near to JLT free zone and Dubai main land area. So it is very easy accessible to the outside world. The many honors won over the years are witness to the effect of DMCC free zone and the contribution of its member companies. To name just one example, one of the most recent awards – “MENA Fund Manager Magazine” award for DMCC’s Executive Chairman, Ahmed bin Sulayem, for his Outstanding Contribution to Islamic Finance – determines our promise to support lead Dubai to become the Centre for the Islamic Economy.
What is the Procedure for Company Formation in Dubai
Dubai Mainland is famous for its business friendly infrastructure and facilities. Dubai mainland company formation is still the first preference by most of the establishments when establishing their business in Dubai. Company Formation in Dubai Mainland is very interesting and time consuming task; we provide best PRO services in Dubai offers the best services for Dubai Mainland company setup.
company formation in UAE free zone
The company formation in UAE free zone is not subject to commercial firms Law. Free Zones in Dubai and UAE are considered to be outside the rule of UAE, and are beneath the rules and regulations of concerned free zone. The companies under the Dubai Free Zone are responsible to maintain the rules and regulation of the Dubai Free Zone Authority.
Dubai south free zone
Since the UAE’s first free zone opened its gates in the 1980s, it’s reasonable to say they have been a active success. Free zones are usually recognized as playing a giant part in both the change of the UAE’s economy and the country’s upswing to becoming one of the world’s important business hubs.
