An independent legal entity that can be owned by individual or corporate shareholders. The minimum capital requirement depends on the type of activity.
The license allows an existing local or foreign company to open a representative office or branch within the free zone. The branch will be legally dependent on the parent company.
DMCC sits in Jumeirah Lakes Towers and is the zone most associated with commodities trading — gold, precious metals, diamonds, tea and agricultural products — though it now hosts a broad mix of trading and professional firms. It carries strong international recognition, which matters if your counterparties or banks weigh the address. Through Worldwide Formations a zero-visa licence starts at AED 5,275 covering up to ten activities, or AED 8,450 with an investor visa, medical and Emirates ID included. Our UAE business setup cost calculator gives a costed estimate for Dubai Multi Commodities Centre in about two minutes.
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It often helps. UAE banks know DMCC well and are familiar with its compliance standards, which can make the conversation shorter. It is not a guarantee, and approval still turns on your activity, shareholders and expected turnover. We prepare the file either way.
Typically a few working days for the licence once documents and the trade name are approved. Allow two to four weeks overall if you need a residence visa, because the medical, Emirates ID and stamping steps run on fixed timelines.
No. Commodities are its heritage and it still leads there, but DMCC licenses a wide range of trading, consultancy and professional activities. Many clients choose it for the reputation and the JLT location rather than the commodities link.
No. Commodities are its heritage and it still leads there, but DMCC licenses a wide range of trading, consultancy and professional activities. Its reputation is the practical reason most clients choose it.
It tends to. UAE banks are familiar with DMCC and its compliance standards, which can make account opening more straightforward than with a lesser-known zone. It is not a guarantee, and we prepare the bank file either way.
Through Worldwide Formations, AED 5,275 for a zero-visa licence covering up to ten activities, or AED 8,450 including one investor visa, medical and Emirates ID. DMCC's own fees and flexi-desk or office costs vary, and we confirm your exact total before you commit.