Dubai Multi Commodities Centre (DMCC)

DMCC or Dubai Multi Commodities Center has arguably been a ground-breaking initiative taken by the Government of Dubai in 2002 wholly dedicated to creating a world-class physical, psychological, and economically viable infrastructure to support various forms of business enterprises and to become the face that runs the global trade. It is the largest, and perhaps the most popular, Free Zone in Dubai that is currently playing host to a whopping 12,000 businesses as DMCC has again triumphed in clinching the prestigious Global Free Zone of the Year Award (dmcc.ae, 2017). This ambitious high-achieving Free Zone of Dubai is registering 2,000 new businesses each year.

The DMCC gives the same benefits to its businesses which other Free Zones give but the kind of infrastructure, business-friendly services, and geostrategic location it provides is beyond compare.  DMCC is an integral, inviolable part of the equation of global trade and investment. Its propinquity to major trade lanes and business hubs makes the place an overwhelmingly irresistible destination for all kinds of business activities because it can simply throw up a mystifying collection of opportunities for growth and strategic augmentation.

Therefore, KWS-ME offers its best and most professional consultants and experts at the disposal of our esteemed clients to help them set up their businesses in DMCC.  Our finest line of professionals would help you get your required trade licenses in a jiffy. With KWS-ME, you are well taken care of.

Benefits of DMCC Free Zone Company

  • A business friendly environment augmented by business friendly policies
  • Complete immunity from the 51% local ownership requirement rule; full ownership
  • A tax free haven is DMCC, no questions asked
  • Unlimited opportunities for growth because DMCC is growing at a breakneck pace
  • Zero duties on import/exports
  • Predesigned and customized flexible office solutions to the investors and businesses

Types of Trade Licenses

1. Professional License:

Professional services can be offered under this license.

2. Trade License:

Trade license allows a business to do trading, distributing, marketing, selling, and import or export type of business activities.

3. Commercial License:

Allows you to engage in activities which have been mentioned on the license.

Documentary Requirements for a Branch Office in DMCC

  • Memorandum of Association (MOA) attested by the competent authorities of the country of origin
  • Certificate of Registration/Certificate of Incorporation
  • Application Form must be submitted with the signatures of the authorized signatory fixed on it
  • Company’s Manager’s Appointment Letter issued by the parent company
  • Copies of passports of the manager, shareholders, directors etc.
  • Copy of Power of Attorney (POA) for the Manager
  • Submission of business plan for the DMCC company

Setting up a Branch in DMCC Free Zone need following documents

  • Application forms duly signed by the authorized signatory.
  • Memorandum & Articles of Association of the Parent Company. (Attested by relevant authority in Home country)
  • Certificate of Registration and or Certificate of Incorporation of the Corporate entity.
  • Copy of Passport & Power of Attorney for Manager, Director, Secretary and Specimen Signature.
  • Appointment Letter of Manager from the parent company.
  • Company formation in DMCC free zone need Business Plan

Documentary Requirements for Individual Shareholder in DMCC

  • A copy of the shareholder’s passport with at least 6 months of validity remaining on it
  • A utility bill or telephone bill is required to confirm the address
  • Copies of passports of the manager, shareholders, directors etc.
  • Power of Attorney (POA) for the manager or other authorized people
  • Documentary requirement must confirm the personal details of the shareholder
  • The competent authority or signatory of the company must put his signature on the application form
  • Original letter of bank share capital (BSC)
  • Submission of the Business Plan is also mandatory in DMCC

Documentary Requirements for Corporate Shareholder in DMCC

  • Submission of the Business Plan is mandatory for the registration of a company in DMCC
  • Copies of passports of the manager, shareholders, directors etc.
  • Power of Attorney (POA) for the manager or other authorized people
  • Memorandum of Association (MOA) attested by the competent authorities of the country of origin
  • Application Form must be submitted with the signatures of the authorized signatory fixed on it
  • Submission of the Certificate of Incorporation or Registration
  • The signature of the authorized authority must fix his or her signature on the application form before submission
  • Board Resolution for setting up of brand officer or subsidiary office be also submitted
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