Keep in mind before set up company formation in DMCC
                     Keep in mind before set up 
company formation in DMCC
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The Dubai Multi Commodities Centre(DMCC) is a free zone in Dubai that 
enhances trade across various commodity groups. The free zone offers tax-free 
facility to several companies within the same premises. In addition, several key 
business sectors like gold, diamonds, tea, pearls, gold and base metals are 
facilitated by the DMCC. Add to that the fact that it has a strong and active local 
and international community of businessmen and top officials. Your options for 
conducting your trade as part of your supply chain management in the region 
seem limitless.
If you are planning to setup your business in Dubai, then you can choose DMCC 
as a base for your business that provides the advantages. In this article let’s shed 
some light over the benefits of company formation in DMCC.
The Dubai Multi Commodities Centre (DMCC), established in 2002, is one of the 
leading global commodity trade hubs. It is a free zone in Dubai, UAE and provides 
complete ownership of businesses to foreign investors. Commodity trading is 
one of the most profitable industries globally and is important for businesses as 
well as individuals. DMCC offers many benefits for those looking to set up their 
businesses here such as 100% direct tax-free, full capital repatriation, simple 
licensing procedures, ‘plug and play’ office installations, strategic location and 
flexible office solutions.
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These are the main Company formation in DMCC
Complete ownership of business
100% direct tax-free
Full capital repatriation
Simple licensing procedures
‘Plug and play’ office installations
Strategic location
International commodity centre
Flexible office solutions
If you’re planning to Company formation in DMCC, it's essential that you 
understand the business licensing requirements. These regulations protect the 
businesses and help them operate within the legal framework.
The license you can apply for depends on the type of commercial activity you 
want to do. There are two types of licenses - General Trading License, and Service 
License.
 A General Trading License gives  Permits the import, export, distribution, 
consolidation and storage of products, excluding a few.
And Service License Gives authority to engage in service or consultancy activities 
that are specified in the license.
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