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Discover unmatched opportunities for growth and success with DMCC’s strategic location, business-friendly environment, and world-class infrastructure.
The Dubai Multi Commodities Centre (DMCC), known as the ‘Global Free Zone of the Year,’ was established in 2002 by the Dubai government. It’s a vibrant waterfront community and the licensing authority for businesses operating in Jumeirah Lakes Towers (JLT), offering free zone benefits and freehold development opportunities. DMCC features 79 towers, including Almas, AU, and AG towers, with Almas Tower being the focal point, housing the Dubai Diamond Exchange and companies in the diamond, gold, energy, and commodities sectors. Conveniently located along Sheikh Zayed Road, DMCC is a prestigious, mixed-use development offering residential, office, leisure, and retail spaces.
DMCC licenses are valid for one year from issuance and can be renewed annually, provided the Licensee maintains valid office space within the DMCC.
Basic Features of a DMCC Company:
A DMCC company is a limited liability company, with shares held by one or multiple shareholders, either individuals or corporate entities. The minimum share capital required is AED 50,000 (AED 10,000 per shareholder) for Specific Trading or Service Licenses, and AED 1,000,000 for a General Trading License. Each share has a value of AED 1,000 or more, and the capital can be used for business operations. Branches of local or foreign companies do not require initial share capital. DMCC companies must appoint at least one Director, Manager, Secretary, and Negotiator, and the same person can hold multiple roles. The Manager must be on the company’s residence visa under the Free Zone Authority’s sponsorship and must enter the UAE at least once every six months to validate the visa.
Key Benefits of DMCC Company:
Basic Features of a DMCC Branch Office:
The DMCC free zone provides a consolidated hub for global trade, offering world-class infrastructure and promoting a wide range of goods. Conveniently located near Sheikh Zayed Road with its own metro station, DMCC offers excellent connectivity and benefits to companies.
Need assistance with DMCC company setup? At Litrix, we have extensive experience in establishing companies in the DMCC, helping clients take advantage of its strategic location and numerous benefits.
To date we are providing Accounting Services for more than 250 clients
across the UAE in Trading, Construction, Real estate, Healthcare,
Logistics and other services.
