Below are board activities that DMCC Freezone support:
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.