The Dubai Multi Commodities Centre, shortly referred to as DMCC, is one of the largest free zones of the emirate of Dubai. Established in 2002, the Dubai Multi Commodities Centre Free Zone was declared as the fastest-growing free zone in the world several times in the last few years.
Many foreign investors interested in starting businesses in Dubai choose one of its free zones, the DMCC being on top of their choices thanks to the great advantages it offers.
Below, our company incorporation agents in Dubai offer detailed information on the advantages of setting up a business in the Dubai Multi Commodities Centre Free Zone.
Activities that can be completed in DMCC
As its name states, the DMCC Free Zone is dedicated to investors interested in trading various types of commodities. Among these, we mention the following:
- precious metals such as gold, silver, diamonds, platinum, precious stones;
- FMCG goods such as tea, coffee, spices, and many others;
- base metals, such as iron and steel, but also cotton and other types of commodities;
- petroleum and crude oil-based products can also be traded in DMCC.
There are more than 15,000 companies operating in the Dubai Multi Commodities Centre Free Zone at the moment and their activities include trading, offering consultancy services, as well as fund management services.
Our Dubai company formation advisors can help foreign entrepreneurs who want to set up companies in DMCC.
Quick company registration in Dubai Multi Commodities Centre
Time is one of the most precious assets in the world of business, and the DMCC Authority has understood that offering a quick and simple company registration procedure will attract more investors.
The company registration procedure in DMCC takes only 7 working days and is completed online. The investors need only pay the incorporation fee, which is one of the lowest in Dubai, and wait for the DMCC Authority to issue the company’s certificate of registration.
The great business location of the DMCC Free Zone
Another great benefit of Dubai Multi Commodities Centre is its location: the free zone is situated right at the heart of the emirate near the Jumeirah Lake Towers district. It offers various types of facilities, such as office spaces and warehouses, depending on the needs of the company.
For more information on why you should open a company in DMCC, please contact our company registration consultants in Dubai.