Business Setup in Dubai | Dubai Multi Commodities Center (DMCC)

Dubai Multi Commodities Center (DMCC)

SAVE UP TO 50% ON COMPANY SET UP IN DMCC!

Set up your company in the World’s #1 Free Zone Dubai Multi Commodities Centre (DMCC) and take advantage of DMCC’s lowest company set up price EVER! As a huge added value, you can enjoy flexible payment options when you set up your business in one of DMCC’s Business Centres.

Apply today from the comfort of your home and we will complete the entire process online – save your time and money!
Speak to our Business Setup Experts to help you choose the best business activity and business setup package today:
Email: [email protected]
WhatsApp for Business: +971 55 147 9576

Offer Validity:
The offer is valid till August 31, 2020.
Terms & conditions for single and multiple shareholders
Terms and conditions for branches and subsidiaries

SAVE UP TO 50% ON COMPANY SET UP IN DMCC!

Set up your company in the World’s #1 Free Zone Dubai Multi Commodities Centre (DMCC) and take advantage of DMCC’s lowest company set up price EVER! As a huge added value, you can enjoy flexible payment options when you set up your business in one of DMCC’s Business Centres.

Apply today from the comfort of your home and we will complete the entire process online – save your time and money!
Speak to our Business Setup Experts to help you choose the best business activity and business setup package today:
Email: [email protected]
WhatsApp for Business: +971 55 147 9576

Offer Validity:
The offer is valid till August 31, 2020.
Terms & conditions for single and multiple shareholders
Terms and conditions for branches and subsidiaries

Dubai Multi Commodities Center (DMCC) Free Zone

The Dubai Multi Commodities Centre (DMCC) was established in 2002 as a commodity marketplace in the heart of Dubai. Since then more than 17,000 multinational companies, SMEs, and start-ups have made DMCC Free Zone their home, as DMCC can be considered the most prestigious Free Zone in the UAE to set up the business, live, and thrive.

Five years in a row DMCC Free Zone was crowned by the Financial Times fDi magazine as a ‘Global Free Zone of the Year’, and it truly can be named the best place to set up your business in the UAE if you wish to enjoy world-class infrastructure and road network, an extensive choice of facilities, streamlined legal and regulatory frameworks, and networking events with world-known companies.

If you want to start a business in the DMCC Free Zone, My Business Consulting DMCC is here to help you get started with the right tools and support. Being recognized as the Top Performing Consultant of DMCC for three years in a row, we can propose you the best-customized business setup packages, provide you with the latest information on all ongoing offers, propose you a variety of the best facilities in DMCC, assist you on the whole way of company formation and ensure professional support after the business license is obtained.

ADVANTAGES OF BUSINESS SETUP IN DMCC


ADVANTAGES OF BUSINESS SETUP IN DMCC

  • 0% corporate and personal income tax rate guaranteed for 50 years

  • Freehold offices for sale and lease at competitive rates. Flexible office solutions

  • Immigration services including visas and other government permits

  • Strategic location on Sheikh Zayed Road, connecting Abu Dhabi and Dubai, and in close proximity to the largest container port outside of Asia

  • Regular networking opportunities through DMCC industry events, sector specific clubs and informative workshops

  • Training on the latest developments in trade regulation and compliance standards

  • Purpose built infrastructure

  • 100% business ownership

  • Licenses for a full range of business activities

TYPES OF LICENSES IN DMCC


Trading License: Allows importing, exporting, distributing, consolidating, and storing almost all products types


Industrial License: Allows the implementation of light production activities specified in the license



Service License: Allows carrying out service or consultancy activities specified in the license


Branch Company: Allows open a branch of existing enterprise and doing business in DMCC free zone



Commercial License:Allows trading any permitted goods

TYPES OF LICENSES IN DMCC

  • Trading License: Allows importing, exporting, distributing, consolidating, and storing almost all products types

  • Industrial License: Allows the implementation of light production activities specified in the license

  • Service License: Allows carrying out service or consultancy activities specified in the license

  • Branch Company: Allows open a branch of existing enterprise and doing business in DMCC free zone

  • Commercial License: Allows trading any permitted goods

BUSINESS REGISTRATION FEES IN DMCC

If you are considering to set up business in DMCC Free Zone, My Business Consulting DMCC is here to provide you full assistance in crafting a personalized package, create the best company structure, find the best facility for your future business and support you along your way to success in the World’s #1 Free Zone.

Below you will find the full list of general business setup related costs, though to receive a personalized proposal and to be aware of all the latest business setup offers from DMCC, we recommend to contact our Business Setup Experts.

1. Type of License

The DMCC Free Zone License is usually awarded for core commodity trading activities i.e. raw materials: Such as Gold and Precious Metals, Diamonds, Pearls, Plastics, Energy, Oil, Steel and Base Metals, Chemicals, Food, textile and raw material. However, besides Trading and General trading license, DMCC free zone business setup can also be based on industrial and commercial license.

Each activity of a company, falls under a specific type of License. Below is list of license types available in DMCC. Cost includes: Initial Approval, Registration and License.

LICENSE TYPE 1st YEAR 2nd YEAR
General Trading License AED 84,165 AED 50,285
Consultancy / Service License AED 34,160 AED 20,285
Trading / Commercial License AED 34,160 AED 20,285
Industrial License AED 34,160 AED 20,285
Branch Company AED 32,140 AED 20,285

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

2. Type of Office Facilities

Maintaining a license in DMCC requires you to rent an office. Visa eligibility of the company is related to the facility’s size. 1 visa / 9 sq. m. Here are the available options:

Flexi Desk Small Fitted Office Business Center Office Physical Office for lease Physical Office for sale Retail Shop
Facility size-sq. m. 20-30 120-230 20+ 50-250 50-250 110-350
Annual Cost (AED) AED 18,457 AED 32,421 AED 50,000+ AED 80+ for sq. m. AED 700+ for sq. m. AED 200,000+

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

Facility size-sq. m. Annual Cost (AED)
Flexi Desk 20-30 AED 18,457
Small Fitted Office 120-230 AED 32,421
Business Center Office 20+ AED 50,000+
Physical Office for lease 50-250 AED 80+ for sq. m.
Physical Office for sale 50-250 AED 700+ for sq. m.
Retail Shop 110-350 AED 200,000+

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

3. Miscellaneous Documents

Establishment Card is a necessary documents to enable the company register in Residency Department. Operation Fitness Certificate on the other hand is required if company have chosen physical office as their facility.

Operational Fitness Certificate (Commercial Unit) AED 500
Operational Fitness Certificate (Industrial/Retail) AED 1,020
Establishment Card AED 1,825
Audit Appointment Letter AED 1,000

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

4. Residence Visa in DMCC (valid for 3 years)

Cost of each visa varies depending on the status of an applicant’s current location, whether application is taking place inside or outside the UAE. Amendment of visa can be done only if the applicant has cancelled his previous Residence Visa or is transferring within DMCC.
Bank Guarantee Deposit is refundable after company deregistration.
In case at the moment of application you are in the UAE, by choosing the Employment Visa Application inside the Country with Local amendment you can easily stay in the country, and enjoy the hassle-free process. There will be no need to exit the UAE for the Visa Status Change process.

SERVICES FEES
Employment Visa – Outside the Country AED 3,441
Employment Visa – Inside the Country without Status change AED 3,881
Employment Visa – Inside the Country WITH Status change AED 4,706
Company Coordinator Appointment AED 40
Visa Guarantee Deposit AED 3,000
Medical Test & Emirates ID AED 1,230
Health Insurance (Basic Plan) AED 1,000

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

5. My Business Consulting DMCC Service Packages

Want to start a new company in the DMCC Free Zone or any other Free Zone in the UAE? Let My Business Consulting DMCC help you in getting familiar with DMCC Free Zone laws and regulations, assist you in the development of the right corporate structure, and provide full support during the company registration process.

We can also assist you in opening a corporate or personal bank account, obtaining a UAE Residence visas for investors, employees, and family members, and provide professional Accounting, Bookkeeping, and VAT Compliance services to help you focus on the core operations. Contact us today to request a proposal from our Business Setup Experts.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 11,000

Additional Fees:

  • Subsidiary/ Branch – AED 5,000 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 7,500+
Service Fee
AED 2,500+
Service Fee

5. My Business Consulting DMCC Service Packages

Want to start a new company in the DMCC Free Zone or any other Free Zone in the UAE? Let My Business Consulting DMCC help you in getting familiar with DMCC Free Zone laws and regulations, assist you in the development of the right corporate structure, and provide full support during the company registration process.

We can also assist you in opening a corporate or personal bank account, obtaining a UAE Residence visas for investors, employees, and family members, and provide professional Accounting, Bookkeeping, and VAT Compliance services to help you focus on the core operations. Contact us today to request a proposal from our Business Setup Experts.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 11,000

Additional Fees:

  • Subsidiary/ Branch – AED 5,000 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).
UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

AED 7,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES
  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 2,500+
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).