The platforms you need to expand your business in Dubai and beyond are provided by DMCC. One of the largest and most rapidly expanding freezones in the Middle East is DMCC. With over 13,000 businesses, 66 towers, and a community of more than 87,000 people, DMCC is the ideal growth partner because the Government of Dubai Authority is committed to making Dubai a global trade gateway.
If the FLEXI Desk facility is utilized, SIRA approval is not required. Within one month of the license’s issuance, the company must deposit 50,000 AED in bank funds, and a capital letter must be submitted to the Freezone. The base Offer holding of AED 10,000 is expected to have an accomplice visa. Either the shareholder or an employee must have previous experience trading gold in order to obtain a license for gold trading (non-manufactured precious metal trading).
The DMCC provides freehold property options, a 50-year tax break, and 100% business ownership. The Gold & Precious Metals, Diamonds & Colored Stones, Energy, and Other Commodities industries were the primary focus of DMCC’s establishment. All DMCC application procedures can be completed from ACE Consultants office thanks to its Partner Portal.
BENEFITS OF DMCC FREE ZONE
One of the UAE’s largest and most rapidly expanding free zones is DMCC. It provides an exceptional business infrastructure for all of its investors to help the company expand globally and in Dubai.
- 0% Corporate or Personal Tax
- 100% Profit Repatriation and No Currency Restrictions
- 100% Foreign Business Ownership
- World-class Business Infrastructure
- Wide range of Business Network, Growing Infrastructure, and Strategic Location
- All in One Solution for Business Setup, Visa Processing, License Renewal, etc., through DMCC Portal
- Secure and regulated Business environment
- Perfect location to Work, Live and Recreate
DMCC COMPANY SET UP REQUIREMENTS SNAPSHOT
- Online pre-approval application form
- Passport copy (along with UAE Residence visa & Emirates ID copy if applicable)
- Proof of residential address in country of residence(Copy of Utility Bill)
- No Objection Certificate from sponsor, if holding a valid UAE residence visa
- Summary of business plan for certain activities
- Copies of the parent company documents if setting up a branch or a subsidiary
- Third party approvals for certain regulated business activities
- After the company registration details of an office address in DMCC Free Zone(JLT) will be required
DMCC COMPANY REGISTRATION PROCESS
EXPRESS YOUR INTEREST IN COMPANY INCORPORATION
- PRE APPROVAL
- COMPANY REGISTRATION
- COMPANY LICENSING
DMCC LATEST PACKAGES & COST
ACE Consultants has established numerous businesses in the IT service and commodity trading sectors, as well as those that deal with iron ore, minerals and metals, diamonds, gold trading license, precious stones, and other commodities in DMCC. To acquire a Trade License, the entire procedure will take between 15 and 20 days. To obtain a trade license, the new company must rent or purchase an office in the JLT Zone. In the JLT Zone, investors can acquire offices at very economical rates.