Dubai Multi Commodities Center Authority (DMCC)

Dubai Multi Commodities Centre is officially the largest UAE Free Zone today. Located in Jumeirah Lakes Towers district, DMCC has a very easy access to Sheikh Zayed Road, not too far from Jebel Ali port and new DWC airport, and only 45 minutes drive from Abu Dhabi. DMCC is very well connected, being served by two metro stations.

Established in 2002 as a strategic initiative of the Government of Dubai with a mandate to set up and operate a thriving commodities marketplace, today DMCC is officially recognized as the largest Free Zone in the United Arab Emirates with over 14,000 registered companies.

DMCC has almost unlimited choice of business activities from trading to consultancy. It is also home to the Dubai Gold and Commodity Exchange, Dubai Diamond Exchange, Dubai Pearl Exchange and Dubai Tea Trading Centre (DTTC). A company can have up to 6 business activities from the same category in one license.

Burj2020 District

DMCC is developing the Burj2020 District, a multi-functional urban space which will further complement the existing DMCC Free Zone. The Burj2020 District will be the commercial heart of South Dubai. A new address for the global business community.

Corporate Features

Company Formation Type
  • DMCC Free Zone Limited Liability Company (FZ LLC) – 2 or more shareholders
  •  Branch of a Foreign Company
  •  Branch of a UAE Residing Company
Types of Licenses

 

  • Trade License
  •  Industrial License
  •   Service License
Licensing Authority

DMCC Free Zone Authority

Legislation

DMCC Company regulations

Confidentiality

Complete Confidentiality

Accounts and Audits

Audited Accounts are required

Minimum Share Capital

50,000AED required for most business activities

Taxation

No taxes

Currency

UAE Dirham

Time to Form

10 working days

Issuance of Visa

5 working days

Foreign Ownership

100%

Capital Repatriation

100%

Minimum Number of Directors

Minimum of One Director