How to set up a company in DMCC

DMCC stands for Dubai Multi Commodities Center. This is by far one of the most famous and highly regarded free zone in Dubai. This is the largest free zone in the world, which water awarded as “Global Free zone of the Year” 5 times. DMCC company setup is one of the best methods of your business registration in Dubai. If you are interested and want to set up your business in DMCC Dubai, then you just need to take a simple step is to consult with the Start Any Business UAE professionals who will surely guide you and also provide you assistance during the entire process and make it easy, efficient, and successful without any hassle.

The DMCC free zone is swiftly developing as annually over 2,000 ventures are registering to operate a business in the free zone progressive business management. They have the advantage of 100% expatriate ownership and a zero tax atmosphere in the greatest business community in the sector. Because of its proximity to main business hubs, this permits companies to gain maximum advantages. As the business has a way to more sailing which let them stand out to the flourishing world markets. DMCC is playing a vital part in linking with global markets through business.

Steps for DMCC Company Setup 

  • Choose the legal framework of the company
  • Choose a business activity for your company to finalize the license
  • Choose a name of the company and the register the same with the relevant free zone official
  • Present the business registration application with the essential documents.
  • Hire a DMCC sanctioned auditor for your venture once you get the trade license, you can start business functions.

Benefits of IFZA Company Setup

The benefits of IFZA Company Setup are given below –

  • 100% overseas ownership of your venture
  • No corporate and income tax
  • No restriction on capital repatriation
  • No duty applies on export and import
  • Flexible office solutions
  • World-class infrastructure available
  • Possibility of trading programs containing DMCC tea center, Dubai gold and commodities exchange, Dubai diamond exchange, and others.
  • Present in Dubai’s heart with the vicinity to Dubai international seaport and airport
  • Rapidly developing free zone in UAE and GCC

Documents Require for DMCC Company Setup 

The documents you need to submit for DMCC company setup in UAE are mentioned as –

  • Completely and properly filled application form
  • Summary of business plan
  • Copies of passports, UAE residence visa, Emirates ID
  • Office address in DMCC
  • Copies of necessary documents of parent company
  • Power of Attorney for directors, managers, secretary, and specimen signature
  • No Objection Certificate from the UAE partners if having UAE residence visa

Why Start a Business in DMCC 

The process of registering a company in this free zone takes 7 days and can be done online. The strategic spot adds to the many benefits that DMCC provides. This provides a variety of facilities like warehouses, office spaces, based on the requirements of the company. This is home to a vigorous district, world-class services, innovative infrastructure, and a great option of properties, all minutes from the great world’s air, seas, and land connectivity.

 

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