Dubai Maritime City (DMC) is a free zone between Dubai Dry Docks and Port Rashid. DMC is the premier strategically-built maritime zone spanning over 560 acres that has been established to look after the needs of the maritime sector as well as to provide a cutting-edge environment for the global maritime community. It acts as a platform for networking and integration of the various maritime businesses and facilities, and grants a distinctive touch to the entire maritime community.
Since the majority of world economy is dependent on sea trade, Dubai Maritime City (DMC) is actively involved in undertaking industry initiatives that support the creation of a secure investment environment, making it a cutting-edge international maritime hub. It keeps enhancing its infrastructure, logistics and tertiary services for the benefit of the maritime industry. To develop a safe and progressive maritime sector, DMC is devoted to adhere to international marine laws, while building strategic partnerships with various government agencies and private businesses.
Dubai Maritime City provides the following benefits to businesses:
- Provision of 100% foreign ownership
- No restriction on repatriation of capital or profits
- Full tax exemption on corporate and personal income
- Exemption from all import and export duties
- Availability of qualifies professionals, with easy recruitment procedures
Company Formation in DMC
For the list of documents required for forming a company in DMC, click here.
Dubai Maritime City is indeed a lucrative location option when it comes to business setup, from the standpoint of infrastructure, facilities, connectivity, workforce, tax savings and business milieu. We at Business Setup Worldwide can help you minimize your business liability when setting up your dream business in DMC. We have the resources and expertise to handle everything you need for business setup here. Our team has comprehensive knowledge of local affairs and will help you handle documentation/paperwork formalities, strategize your business plan, and evaluate the structure that best suits your business requirements without any hassles.