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Dubai

DMCC

The Dubai Multi Commodities Centre (DMCC) is a strategic initiative of the Dubai government created to establish a commodity market place in Dubai. Rated ‘A’ by Standard & Poor’s, it provides industry-specific market infrastructure and a full range of facilities for the gold & precious metals, diamonds & coloured stones, energy and other commodities industries.

DMCC is also a free zone authority offering 100% business ownership, a guaranteed 50 year tax break and freehold property options.

Launched in 2002, this strategic government initiative has been established to support the specific needs of its core segments – Gold & Precious Metals, Diamonds & Coloured Stones, Energy and Other Commodities industries.

 Factor Description
Established in 2002
Number of companies Over 11,000
Industry focus Suitable for companies dealing in commodities and service industry
Limited liability company Yes
Minimum number of shareholder 1
Minimum number of director 1
Corporate shareholder allowed Yes
Corporate director allowed No
Public register of shareholder and director No
Access to UAE Double Taxation Treaties Yes
Port of Free zone No. Close proximity to Jebel Ali Free Zone and Al Maktoum International Airport
Allowed to import export goods Yes
Commercial offices Available as commercial offices, food courts and retail stores.
Industrial premises Limited
Warehousing facility Limited
Accommodation facilities Yes
Prominent companies at Free zone Al Amal Gems DMCC, Mikura Pearls, H.K DMCC
Location of directors and shareholders meeting Anywhere
Residency visa issued Yes
100% Foreign ownership permitted Yes
100% Repatriation of capital and profits Yes
Corporate, personal and withholding tax Nil
Language English
Standard currency of Capital UAE Dirhams

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