DMCC Freezone Company Formation in Dubai for UK Entrepreneurs
Unlock limitless business potential with DMCC Free Zone—Dubai’s leading hub for trade, commodities, and innovation.
Advantages of a DMCC Free Zone Company Formation in Dubai
DMCC Free Zone Company Setup
Dubai Multi Commodities Centre (DMCC) is the leading free zone for businesses looking to expand in the UAE. Located in Jumeirah Lakes Towers (JLT), it offers a strategic business environment, attracting over 20,000 companies across industries like commodities trading, finance, technology, and energy.
Its world-class infrastructure, investor-friendly policies, and seamless DMCC-free zone company formation in Dubai make it an ideal choice for startups and multinational corporations alike.
Recognized as the Global Free Zone of the Year for nine consecutive years, DMCC ensures businesses operate in a globally trusted regulatory framework. The process for DMCC free zone company formation is streamlined, with simplified procedures for business licensing, visas, and regulatory approvals.
One of the biggest considerations for investors is the DMCC license cost, which varies depending on the type of license, office space, and visa requirements. DMCC offers trading, service, and industrial licenses, with flexible packages catering to different business needs, making it a cost-effective choice.
The DMCC company setup cost is competitive, with options for office spaces ranging from flexi-desks to premium commercial units. Businesses operating in DMCC gain access to state-of-the-art facilities, including the Dubai Diamond Exchange, Dubai Gold and Commodities Exchange (DGCX), and Tea and Coffee Centres.
With its strategic location near Dubai International Airport and Jebel Ali Port, DMCC provides easy access to global markets. Entrepreneurs seeking DMCC free zone company formation in Dubai benefit from a thriving business ecosystem, world-class support services, and a future-ready infrastructure, ensuring long-term success in Dubai’s dynamic economy.
Types Of DMCC Licenses
| License Type | Description | Action |
|---|---|---|
| Trading License | For businesses engaged in trading activities involving commodities and other goods. | Apply Now |
| Industrial License | For businesses involved in manufacturing or industrial operations. | Apply Now |
| Service License | For businesses providing professional or consultancy services. | Apply Now |
| DMCC Crypto License | For businesses operating in the cryptocurrency and blockchain space. | Apply Now |
Steps for a DMCC Free Zone Company Setup
Timeline: 3 to 6 weeks
Step 01 - Takes 1 to 2 days
Initial Consultation
Meet with DMCC representatives or a business consultant to discuss your business requirements, industry type, and licensing needs.
Step 02 - Takes 1 day
Submit Initial Application
Complete and submit the online application through the DMCC portal, providing essential details such as business type, shareholder information, and preferred company name.
Step 03 - Takes 1 day
Name Reservation
DMCC verifies and reserves the chosen company name as part of the initial application process.
Step 04 - Takes 3 to 5 days
Pre-Approval
DMCC conducts due diligence on shareholders and business activities, once verified, pre-approval is granted.
Step 05 - Takes 3 to 5 days
Document Submission
Collect and submit required documents.
Step 06 - Takes 1 day
Payment of Fees
Pay the necessary fees associated with the business setup process, including licensing fees and any office space leasing costs.
Step 07 - Takes 3 to 5 days
License Issuance
Receive the official DMCC free zone company formation approval.
Step 08 - Takes 3 to 10 days
Lease Agreement
Sign a lease agreement for office space or a flexi-desk within DMCC properties.
Step 09 - Takes 10 to 15 days
Visa Processing
Apply for visas for employees and shareholders.
Step 10 - Takes 1 to 2 weeks
Bank Account Opening
Open a corporate bank account in Dubai after company incorporation.
Step 10 - Takes 1 to 2 weeks
Bank Account Opening
Open a corporate bank account in Dubai after obtaining the business license.
Documents Required for a DMCC Free Zone Company Setup
Required documents vary based on the legal structure of the business: FZE, FZCO, and Branch Office.
| Document Type | FZE (Single Shareholder) | FZCO (Multiple Shareholders) | Branch Office |
|---|---|---|---|
| Shareholder Passport Copies | Required | Required | Required (for branch manager and legal representative) |
| Business Plan | Required | Required | Required |
| Proof of Trade Name Reservation | Required | Required | Required |
| Memorandum of Association (MOA) | Required | Required | Required (from parent company) |
| Articles of Association (AOA) | Not Required | Required | Not Required |
| Board Resolution | Not Required | Required (if corporate shareholders) | Required (from parent company) |
| No Objection Certificate (NOC) | Required (if UAE resident) | Required (if UAE resident) | Not Required |
| Parent Company Documents | Not Applicable | Not Applicable | Required (Certificate of Incorporation, MOA, AOA) |
DMCC Company Setup Cost
The DMCC company setup cost depends on various factors, including the type of license required. The DMCC license cost starts at £4523, but additional expenses may apply depending on business needs.
One of the key factors influencing the DMCC free zone company formation cost is office space. Businesses can choose from flexi-desks, private offices, or commercial units, with costs varying based on size and location.
Other considerations in the DMCC company setup cost include visa and permit fees, which depend on the number of employees and the nature of business activities.
While DMCC free zone company formation in Dubai offers advantages, companies should also account for other charges. The DMCC company setup cost covers the basic setup, but businesses may need customized solutions for long-term operations.
Note the price is an estimate and will vary in reality. For an accurate breakdown of the DMCC company setup cost and a personalized estimate on DMCC-free zone company formation in Dubai, get in touch with our consultants.
