A Free Zone Centre for global commodities trading, located at Centre of the Jumeirah Lakes Towers (JLT) district.
Below are board activities that DMCC Freezone support:
DMCC has a strong track record in commodity trade facilitation through the platforms we provide, including gold and diamond vaults and secure transport; trading platforms like the Dubai Gold & Commodities Exchange, Dubai Diamond Exchange, the Dubai Pearl Exchange; and DMCC Trade flow, the dedicated online platform for registering possession and ownership of commodities stored in UAE-based storage facilities; the DMCC Tea Centre; the UAE Kimberley Process Certification Scheme; and a range of commodities backed financial investment tools.
Benefits of setting up in Freezone:
There are two DMCC company types
New Company or a Branch
Individual: Owned by single or multiple shareholders and limited liability company as a newly formed entity with single or multiple shareholders.
Joint Venture: Individuals or companies choose to enter joint ventures to share strengths, minimise risks, and increase competitive advantages in the marketplace.
Subsidiary: 100% owned by one company. Limited liability company as a wholly-owned subsidiary of local or foreign company.
Choose "Branch" if the parent company wishes to open a branch that may perform some or all of the activities that the parent company is authorised to act.
There are three license types:
Trading: related to the buying and selling of physical goods
Service: associated with the provision of services
Industrial: related to the manufacturing and making of goods
Once you have chosen your license type, you can select your activities.
Up to 6 activities are allowed under the same license with no additional fee.
Few activities will require An NOC.
NOC is a No Objection Certificate that you will need to obtain approval from an external Authority that regulates the activity - this commonly is a UAE Government entity. DMCC will facilitate you to get the NOC.
Contact us so we can understand your requirements. After that, our Bizvise consultant will send you an estimate with complete and transparent pricing with no hidden costs.
Dubai Multi Commodities Center (DMCC) located in Jumeirah Lakes Towers, is one of the most popular free zones in Dubai. It has been named as “Global Free Zone of the World” by the Financial Times FDI magazine in 2015, 2016 and 2017.
DMCC is home to a vibrant business community and world class infrastructure. More than 15,000 companies are operating in this region and it is regarded as the gateway to global trade. The investors can setup their businesses in the freezone with 100 percent ownership.
General Trading License
A General Trading License allows an entrepreneur/investor to import, export, distribute, consolidate and store all types of products (except few).
Commercial/ Trading License
A Commercial/ Trading License allows an entrepreneur/investor to import, export, distribute and store different kinds of products that are mentioned in the license.
A Service License allows an entrepreneur/investor to perform service or consultancy activities that are specified in the license.
For Individual Shareholder
For Corporate Shareholder
DMCC company setup cost includes: