Strategy
DIFC Freezone:
Overview of DMCC Free Zone
DMCC is situated in Jumeirah Lakes Towers (JLT), offering a modern urban setting with easy access to key Dubai landmarks, ports, and airports. Recognized multiple times as the “Global Free Zone of the Year,” DMCC fosters business growth through:
- Strategic connectivity: A central position linking businesses to key global markets.
- Flexible business structures: 100% foreign ownership and no currency restrictions.
- Tax advantages: Exemption from personal and corporate income taxes and customs duties.
- Comprehensive support: Simplified procedures for setup, licensing, and regulatory compliance.
Business Activities in DMCC Free Zone
DMCC supports over 600 approved business activities across various sectors. These include:
- Trading: Gold, diamonds, tea, coffee, oil, and other commodities.
- Consulting: Business, management, and financial consultancy.
- Services: IT, marketing, HR, and professional services.
- Logistics: Freight forwarding, supply chain management, and warehousing.
- Retail and E-commerce: Shops, online trading, and fashion brands.
- Technology: Software development, artificial intelligence, and fintech.
- Crypto: DMCC also offer wide range of Crypto license, depend on the activity.
The wide range of activities ensures businesses from diverse sectors can establish a presence in DMCC.
Types of Licenses in DMCC
When setting up in DMCC, you can choose from several types of licenses based on your business activity:
- Trading License: For businesses involved in import, export, or distribution of goods.
- Service License: For professional services like consulting, IT, and other non-trading activities.
- Industrial License: For light manufacturing and assembly-related activities.
- E-commerce License: For online trading and digital platforms.
- Dual Licensing: Allows companies to operate in both the DMCC Free Zone and mainland Dubai, subject to approval.
- Specialized Licenses: Tailored for commodities like diamonds, gold, and tea, with access to DMCC’s specialized platforms.
- Crypto License: DMCC Crypto Center offer wide range of crypto licenses for Trading, Mining, Exchange services and more.
Select from DMCC’s approved list based on your intended operations.
Ensure the name adheres to DMCC’s guidelines.
Contact Easy Step Consultancy to proceed your company formation process.
DMCC offers a range of options from flexi-desks to fully furnished offices.
Complete the Memorandum of Association (MoA) and other required documents.
Pay the registration, licensing, and office leasing fees to finalize your setup.
Once approved, you’ll receive your business license, allowing you to begin operations.
Costs of Setting Up a Company in DMCC Free Zone
AED 12,020 (one-time).
AED 34,285 annually (varies by activity).
Minimum AED 50,000 (can vary based on activity).
Benefits of DMCC Company Setup
- Global Recognition: A prestigious address enhances brand credibility.
- Tax-Free Benefits: Exemptions from corporate and income taxes.
- Networking Opportunities: Access to a vast community of businesses and events.
- Specialized Platforms: Industry-specific resources like the Dubai Diamond Exchange and DMCC Tea Centre.