OWME Global Business Services

DMCC Free Zone

DUBAI / DMCC Free Zone

DMCC FREE ZONE

DMCC is a center of global trade. Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, and the leading trade and enterprise hub for commodities. Whether developing vibrant neighborhoods with world-class property like Jumeirah Lakes Towers and the much anticipated Uptown Dubai, or delivering high performance business services, DMCC provides everything its dynamic community needs to live, work and thrive. Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future.

Benefits
  1. 100% foreign business ownership
  2. Full capital repatriation
  3. Zero taxes and duties
  4. No tax information exchange agreement with any country 
  5. No public disclosure of information
  6. Simple accounting requirements
  7. Variety of freehold, commercial and residential property for sale or lease at competitive rates
  8. Legalization of company documents is not required when used within the UAE
  9. Flexible office solutions such as Flexi desks and Service desks/offices
  10. Entitled to Tax Residency Certificate
Types of Entities
  1. Limited liability company as a newly formed entity with single or multiple shareholders
  2. Limited liability company as a wholly owned subsidiary of local or foreign company
  3. Branch of local or foreign company
Significant features
  • Time to Incorporate 3 to 4 weeks
  • Shareholders- Minimum 1 and maximum 50 (individual or corporate)
  • Share Capital- The minimum share capital is AED 50,000 per company and AED 10,000 per shareholder. If a Managing Director visa is required, the capital needs to be a minimum of AED 50,000 per shareholder.
  • Par share value AED 1,000
  • Beneficial Ownership Disclosure Beneficial Owners, Shareholders, Directors and Manager details are provided to DMCC but no public disclose of information available
  • Directors Minimum 1, Maximum 6 (only individual)
  • Annual Accounts Yes (accounts must be audited)
  • Registered Office Required Yes (flexi or physical office is a must)


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The types of licenses offered at DMCC:

Trade License: To carry out trading activities as specified in the License
Service License: To carry out service activities as specified in the License
Industrial License: To carry out light manufacturing activities as specified in the License

Each license carries an annual fee of AED 20,000 (Different Pricing for Industrial license, General Trading, Business Centre and Hotel would apply). Within each license type, up to 6 activities in the same division can be included in the fee of AED 20,000 annually.

What kind of activities are allowed in the DMCC?
With DMCC, you can choose from over 600 business activities. These range across 20 sectors that include Energy, Commodities, Gold and Diamonds, Technology, Construction, FMCG, Healthcare, Aviation, Shipping, Education and Media, as well as services such as Professional, Financial, Personal and Community.

Office Options

Office Options Visa Cost (AED)
Flexi Desk 3 17,000
Physical Office The rule is one visa per each 100 sq. feet Starting from AED 90+ per sq. feet
 
 
Share Capital Requirements
 
  1. If a visa is required the share capital requirement will be AED 50,000 per shareholder
  2. AED 500,000 minimum share capital requirement is required for Reinsurance or Insurance Brokers activity name.
  3. For General Trading License, Hospitality and Financial activities, the minimum share capital requirement is AED 1 million.
  4. AED 1 Million minimum share capital requirement per company, is also applicable for the following activity names:
    • One to Five Star Hotels
    • Vacation Homes Rental
    • Life Insurance / Life Reinsurance
    • Accidents & Liabilities Insurance
    • Fire Insurance
    • Transportation Risk Insurance
    • Credit & Saving Insurance
    • Health Insurance and Mechanical Failure Insurance
    • Insurance Agent

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