Dubai Multi Commodities Centre

Dubai Multi Commodities Centre was formed in 2002 with the purpose of providing the infrastructure required for pegging Dubai as a hub for commodity trade globally. As of now, there are more than 11,000 companies in the DMCC Free Zone.


DMCC offers the following benefits to businesses:

  • Provision of 100% foreign ownership
  • 100% capital repatriation
  • No personal or corporate income tax, guaranteed for at least 50 years
  • Availability of licences for a wide range of business activities
  • Provision of immigration services encompassing visa and other government permits

Company Formation in DMCC

To form a company in DMCC, these steps may be followed:

Choosing the Company Type

The following types of companies are eligible for a licence in Dubai Multi Commodities Centre (DMCC):

  • Limited liability company - newly formed entity with single or multiple shareholders
  • Limited liability company - wholly owned subsidiary of local or foreign company
  • Branch of a foreign or local company

Determining the Business Activity

The business activity of a company determines the type of business licence that can be granted to it. The 3 types of licences are:

  • Trading licence
  • Service licence
  • Industrial licence

Catering to the Share Capital Requirements

  • The minimum share capital for a company in DMCC Free Zone is AED 50,000 per company and AED 10,000 per shareholder
  • The share capital is to be deposited in the local bank account of the company within 3 weeks from the date of issue of the license. It can be withdrawn anytime later
  • Branches of companies do not have a requirement of share capital

Documents Required for Company Formation

  • Passport copy and CV of the manager
  • Passport copies of the shareholders
  • Personal information sheet for each shareholder and manager
  • Proof of trade name reservation
  • Proof of initial approval for the activities
  • Proof of residential address (e.g. utility bill copy)
  • Summary of business plan, if applicable
  • Notarized Memorandum of Association (MOA), Article of Association (AOA)
  • Lease agreement
  • Proof of physical address for your new business. Having a physical address is mandatory for onshore business in the UAE. The minimum space required is 550 sq. ft.

Why Us?

Business SetupWorldwide is a business advisory firm that provides expert guidance on starting a new venture in any part of the world. We help our clients identify new business opportunities, understand legal procedures, network with local authorities, and identify the right type of free zone to suit the business model. As different options are available for company formation, it is crucial to have the right kind of business knowledge in the business environment of Dubai. We at Business Setup Worldwide save your time as we take care of the lengthy procedures and guide you step by step throughout the process.

Business Setup Advisor

Daria Lantceva

Office 2307

10th floor

Rashid Tower

Trade Centre 2

P.O. Box 293816


United Arab Emirates


Phone: +971 4 3867444

Mob: +971-52-4829865

Fax: +971 4 3867474


Vertical Tabs