DMCC Business Setup

    Get Your License Today

    DMCC Setup

    What is DMCC in Dubai?

    It wouldn’t be wrong to say DMCC free zones have great roles making Dubai the largest trading hub. It was established back in 2002 by the Government to accommodate business sectors primarily focused on commodity exchange and global trading. Nowadays, businesses providing technology and finance services are also operating from here.

    DMCC offers excellent infrastructure and a highly regulated business environment to help companies grow and promote international trade. And yes, that’s the reason why 23,000 registered companies of various sectors are officially operating from this free zone. From startups to the largest corporations operating internationally, DMCC provides comprehensive support for all.

    dmcc free zone

    Benefits Of Business Setup In DMCC

    Here are the core benefits of establishing your business in the DMCC free zone.

    1. Strategic Location And Global Access

    DMCC is located in the middle of Dubai, a prime location because major airports and ports are nearby. Businesses primarily involved in international trade and logistics can smoothly operate from here.

    2. 100% Foreign Ownership And Tax Exemptions

    DMCC allows 100% foreign ownership, so investors have full control over their companies without any third party included. In fact, they also don’t need to pay any personal tax while operating from here.

    3. Comprehensive Business Support Services

    There are no such administrative hurdles while registering your business in this free zone. The DMCC offers support from scratch to the end and streamlines the procedures for registration, license & visa processing, and more.

    4. Excellent Infrastructure

    You can see appreciative infrastructure in DMCC such as modern offices of all sizes, high-speed internet, telecommunication systems, warehouses, and much more. You can choose the right space as per your operational needs.

    5. Largest Business Community

    There are more than 21,000 registered companies operating in DMCC making it a free zone with the largest business community. This is how you have more growth opportunities by collaborating with other experts in the industry.

    Requirements Of Setting Up Your Business In DMCC

    There are a few requirements introduced by the DMCC free zone to start operating from here. Firstly, you need to select the business activity that aligns with your goals. There are several categories DMCC allows including technology, trading, commodity exchange, and more.

    After that, you have to choose your business structure whether it’s going to be a branch of any existing company, an FZCO (free zone company), or a single shareholder entity. Just after, reserve a legal company name that should not be similar to any existing business name and comply with the legal naming guidelines described by the DMCC.

    Submit a proper application for business set up to the DMCC administrative department along with your documents including a certificate of identity, copies of your original passport, residency proof, and the comprehensive business plan. Higher authorities will review your application and approve it if there are no errors.

    After your application’s approval, select the office space or obtain a flexi-desk within DMCC and apply for the particular license for your business. There are various types of licenses including industrial licenses, service licenses, e-commerce licenses, and a DMCC general trading license.

    The last but not least step is to pay attention to the visa registrations. You must process visas for your employees and yourself considering UAE visa regulations and laws.

    Setup Your Business In Meydan Today!

    Which Businesses Can Operate In DMCC?

    There are a number of business categories that can operate in DMCC free zone. The free zone primarily focuses on commodity trading, especially precious metals including diamonds, gold, steel, iron, and more. Apart from this, companies that provide professional services such as business consultancy & setup, financial & IT, and related services can operate through DMCC.

    Such businesses involved in leveraging UAE’s global trading are also welcomed here such as companies providing shipping & logistics services, blockchain firms, tech startups, and more. Because of the excellent business environment and modern facilities, companies of various categories widely choose this free zone to attract quick and higher growth.

    Types Of Business Licenses In DMCC

    There are various types of business licenses offered by DMCC to cater diverse needs of companies operating within it. See below.

    Trade License:

    DMCC primarily offers trading licenses to the companies involved in trading activities such as buying, selling, importing & exporting items or goods. Additionally, also the companies involved in retail trading, electronics, commodities, and more.

    Services License:

    The DMCC offers service licenses to the companies involved in providing professional services including financial, legal, marketing, business setup, and consulting services.

    Industrial License:

    Businesses involved in product manufacturing, delivering, assembling, and other industrial-related operations obtain industrial licenses from DMCC.

    E-Commerce License:

    The businesses involved in online commercial activities such as online shopping, buying and selling of products, trading over the internet, and more apply for an e-commerce license from DMCC.

    Rules For Obtaining DMCC Visas

    If you’re a registered DMCC company, you are eligible to apply for visas for your employees. There are some procedures you need to follow considering the proper rules & regulations introduced by the UAE Government.

    1. Company Registration And Licensing:

    DMCC company registration and licensing are necessary before you apply for the visas for your employees. Keep in mind that several visas your company can apply for depending upon your office size and some other factors such as your business package.

    2. Eligibility For Visas:

    Your company is only eligible for applying for employment visas if operating within DMCC. This free zone offers various types of visas such as employee visas, and dependent or investor visas.

    3. Visa Quota:

    The number of visas your company can apply depends on the size of your company. If you want to apply for more visas, make sure you have a larger office space.

    4. Medical and Security Clearance:

    Your employee should pass the medical examination and ensure security clearance to get a DMCC visa. The medical examination and clearance reports are attached along with the visa processing application.

    5. Document Submission and Approval:

    The documents include an Emirates ID application, health insurance, medical and security clearance reports, a valid passport, and company documents required for applying for a visa.

    Visa Process In DMCC

    The visa processing steps are quite streamlined in DMCC compared to any other free zone in the UAE. Let’s explore the step-by-step procedure of how it works.

    1. Initiating The Visa Application:

    You become a member of the DMCC online portal after registering your company and being licensed. What you need to do is, log in to your DMCC member portal and apply for the desired visa such as employee, investor, or dependent. You must provide the necessary documents when applying for a visa for any category.

    2. Entry Permit Issuance:

    After the successful submission of your application and its review, you’ll be provided with a 60-day permit to enter the UAE for further visa processing. You can complete the rest of the steps after it.

    3. Medical Examination:

    You must provide the medical examination results such as X-rays and blood test reports to prove you’re a healthy person and a good fit to stay and work in the UAE.

    4. Emirates ID Application:

    During the visa application process, we recommend you apply for an Emirates ID. You will need this document later on to prove your identity.

    5. Visa Stamping:

    After successful approval of the visa processing application, the final step is to get the visa stamped. This process is handled by DMCC and applicants get a visa stamp on their passport showing valid residency in the UAE. After this, you can collect the Emirates ID and work in the UAE without any restriction.

    Why Choose DMCC Over Other Free Zones?

    There are several reasons why you choose DMCC over other free zones. And here these are:

    Global Reputation and Awards

    DMCC has won international awards for providing a professional infrastructure and a compelling business-friendly environment. It is globally recognized as a free zone with higher numbers of registered companies.

    Market Access

    DMCC undoubtedly has a strategic location from where the recognized ports such as Jebel Ali Port and airports including Dubai International Airport are easily accessible. Meanwhile, you can access the major transportation networks without any hassle.

    Varieties of Business Activities

    DMCC supports a diverse range of business activities such as technology, IT, commodities trading, professional & financial services, media companies, and more.

    Flexible Office Solutions

    There are working spaces available for businesses of all sizes. This flexible solution is making DMCC a great choice for all businesses related to any category. Whether you’re a startup or a multinational company, this free zone has capabilities to accommodate your office space needs.

    Easy Company Set Up

    The procedure for setting up your company in DMCC is streamlined. You only need to follow the proper rules & regulations and show compliance with the guidelines by the higher authorities when applying for the DMCC license and start operating.

    Easy Visa Process

    You don’t need to get into any complexity while applying for visas for your employees because of the simple procedure introduced by DMCC. All you need to do is provide the necessary documents as described above and submit an application for the required visa.

    Step-by-Step Procedure To Setting Up A Business In DMCC

    DMCC company formation isn’t complex when you’re aware of the step-by-step procedure described below.

    1. Determine Your Business Activity:

    The first step is to finalize your business category. There are a variety of categories such as trading, commodity exchange, professional services, and much more to choose from.

    2. Choose a Company Structure:

    Describing your company’s legal structure is mandatory whether it’s an LLC (Limited Liability Company), a branch of an existing company, or else. After that, you become eligible for a license application.

    3. Reserve Your Company Name:

    By following the naming guidelines by DMCC, reserve a professional business name. Ensure it should not be similar to any existing business name or include any offensive word.

    4. Prepare The Required Documents:

    You must prepare all the essential documents such as your details, a filled application form, residential proof, copies of shareholders’ original passports, and a comprehensive business plan.

    5. Submit Your Application:

    With all your details such as identity & legal name reservation certificate, copies of passport, and other important documents required as per DMCC guidelines for licensing, submit your application and pay the fee. And yes, it depends upon the type of license and how much fee you’re going to pay. 

    After a few days and proper DMCC’s higher authorities review, you will get your business license to start activities in this free zone.

    6. Choose Your Office Space:

    Select a physical location in DMCC for your office. You have various options such as getting a flexi-desk, service office, or private office. Go with any considering the space you need for the office.

    7. Apply for Visas:

    After being licensed, apply for visas for your employees, investors, or dependents using the online DMCC portal. How many visas you can apply for purely depends upon your office size.

    8. Open a Corporate Bank Account:

    The last step is to open a corporate bank account in a recognized bank in the UAE to support the financial structure of your business. You might require a business license and other company documents for this.

    What is The Cost of a Company Formation In DMCC?

    The cost of DMCC free zone company setup is different for everyone depending upon the individual business category, specialized business requirements, office space, and the required number of visas.

    Business License Fees:

    Firstly, you need to consider the business licensing fee. The license fee is different for each business category allowed in DMCC. On average, you are charged between AED 11,000 to AED 50,000 annually.

    Registration Fees:

    It’s a one-time fee to register your business in DMCC starting from approximately AED 9,020 and increasing depending upon the business complexity.

    Office Space Cost:

    You should also consider office space costs where you have three different options including flexi-desks, serviced or shared offices, and private offices. You charged differently for each type of office space. For example, AED 25,000 to AED 40,000 annually for serviced offices.

    Visa Fees:

    The initial visa fee usually ranges between AED 3,300 – and AED 6,000 which includes your medical examination, Emirates ID, and processing fee. It will increase if you apply for multiple visas.

    Share Capital:

    The minimum share capital for most companies introduced by DMCC is AED 50,000. Although, it does not require an upfront deposit for your share capital.

    Free Consultancy

    What Smart Ezone Can Do For You?

    Meet with your destination DMCC free zone business consultant – Smart Ezone. We provide you with complete guidance throughout the procedure of company setup in DMCC to obtain a specified license for your business.

    We aim to be your success partner and ensure you’re reducing any extra costs associated with the business setup. Plus, we also ensure you are showing excellent compliance with the UAE regulations to avoid any complexities later.

      Frequently Asked Questions – FAQs

      What types of businesses can operate in DMCC?

      Businesses that primarily focus on trading, finance, technology, production and manufacturing, transportation and logistics, and providing professional services including business consultancy, set up and more can operate in DMCC.

      How long does it take to set up a business in DMCC?

      It depends upon a few factors such as your business category, requirements of documents, license type, investment, and related things.

      What are the costs associated with setting up a business in DMCC?

      You must consider registration & specified license fees, office space costs, visa processing, and related costs. Consult with us to ensure you’re spending the right amount and reducing any extra costs.

      Can I obtain a visa for my family through DMCC?

      Yes, business owners in DMCC can sponsor their families or apply for visas such as residency visas, etc.

      ALL INCLUSIVE LICENSE
      & VISA FOR ONLY AED 13,500