If you’re planning to start a business abroad, Dubai stands out as the ideal destination. Known as the thriving hub of the Middle East and North Africa (MENA) region, Dubai offers unmatched opportunities for businesses to succeed, grow, and connect with global markets.
According to Razan Hilal, market analyst and chartered market technician at FOREX.com:
“The UAE is on track to maintain robust economic growth in 2025, with GDP growth forecasts ranging from 6.2% by the Central Bank of the UAE, 5.1% by the International Monetary Fund, and 4.1% by the World Bank.”
Hence, if you are looking to start your business Dubai is perfect for you.
At the centre of this economic powerhouse lies the Dubai Multi Commodities Centre (DMCC), which serves as a global hub for trade, business, and innovation. Home to over 25,000 companies, ranging from ambitious startups to multinational corporations, DMCC offers a smart, sustainable, and integrated business ecosystem.
With state-of-the-art infrastructure, world-class office spaces, and a vibrant community of over 90,000 professionals and 100,000 residents and visitors, DMCC creates an environment where businesses don’t just survive—they thrive.
Ready to learn more about how DMCC can be the perfect Free Zone for your business success?
Continue reading our blog to discover everything you need to know about DMCC business setup!
What is DMCC Free Zone?
The Dubai Multi Commodities Centre (DMCC) is a specialized free zone located in the Jumeirah Lake Towers district. Established in 2002, DMCC focuses on four main sectors:
Precious commodities (gold, diamonds)
Energy
Steel and metals
Agricultural commodities (tea, cotton)
In 2020, the Investment Corporation of Dubai became the parent company of DMCC, further solidifying its importance in the UAE’s economic landscape. DMCC is also recognized under the UAE Corporate Tax Law, offering a 0% corporate tax rate on qualifying income for entities that classify as Qualifying Free Zone Person (QFZP).
Benefits of Setting Up in DMCC Free Zone
Businesses operating in the DMCC enjoy several advantages, including:
100% foreign ownership
0% personal income tax
No currency restrictions
100% repatriation of profits and capital
World-class infrastructure
Additionally, DMCC provides a streamlined registration process via the DMCC portal and DMCC portal login, making it easy for businesses to establish their operations efficiently.
A Leading Hub for AI Innovation
DMCC’sArtificial Intelligence (AI) Ecosystem is not just the region’s leading hub for AI innovation; it is spearheading a future in which AI catalyses transformative changes across industries, empowers businesses, and drives sustainable growth.
With AI’s increasing integration into various aspects of society and business, it is poised to become a key driver of economic growth and innovation in the coming years. From healthcare and finance to transportation and entertainment, AI is driving innovation and efficiency, making it an integral part of
If you’re planning to start a business abroad, Dubai stands out as the ideal destination. Known as the thriving hub of the Middle East and North Africa (MENA) region, Dubai offers unmatched opportunities for businesses to succeed, grow, and connect with global markets.
According to Razan Hilal, market analyst and chartered market technician at FOREX.com:
“The UAE is on track to maintain robust economic growth in 2025, with GDP growth forecasts ranging from 6.2% by the Central Bank of the UAE, 5.1% by the International Monetary Fund, and 4.1% by the World Bank.”
Hence, if you are looking to start your business Dubai is perfect for you.
At the centre of this economic powerhouse lies the Dubai Multi Commodities Centre (DMCC), which serves as a global hub for trade, business, and innovation. Home to over 25,000 companies, ranging from ambitious startups to multinational corporations, DMCC offers a smart, sustainable, and integrated business ecosystem.
With state-of-the-art infrastructure, world-class office spaces, and a vibrant community of over 90,000 professionals and 100,000 residents and visitors, DMCC creates an environment where businesses don’t just survive—they thrive.
Ready to learn more about how DMCC can be the perfect Free Zone for your business success?
Continue reading our blog to discover everything you need to know about DMCC business setup!
What is DMCC Free Zone?
The Dubai Multi Commodities Centre (DMCC) is a specialized free zone located in the Jumeirah Lake Towers district. Established in 2002, DMCC focuses on four main sectors:
Precious commodities (gold, diamonds)
Energy
Steel and metals
Agricultural commodities (tea, cotton)
In 2020, the Investment Corporation of Dubai became the parent company of DMCC, further solidifying its importance in the UAE’s economic landscape. DMCC is also recognized under the UAE Corporate Tax Law, offering a 0% corporate tax rate on qualifying income for entities that classify as Qualifying Free Zone Person (QFZP).
Benefits of Setting Up in DMCC Free Zone
Businesses operating in the DMCC enjoy several advantages, including:
100% foreign ownership
0% personal income tax
No currency restrictions
100% repatriation of profits and capital
World-class infrastructure
Additionally, DMCC provides a streamlined registration process via the DMCC portal and DMCC portal login, making it easy for businesses to establish their operations efficiently.
A Leading Hub for AI Innovation
DMCC’sArtificial Intelligence (AI) Ecosystem is not just the region’s leading hub for AI innovation; it is spearheading a future in which AI catalyses transformative changes across industries, empowers businesses, and drives sustainable growth.
With AI’s increasing integration into various aspects of society and business, it is poised to become a key driver of economic growth and innovation in the coming years. From healthcare and finance to transportation and entertainment, AI is driving innovation and efficiency, making it an integral part of modern business and daily life.
Why Set Up a Business in a Free Zone in Dubai?
If you’re seeking 100% ownership of your company, establishing your business in a Dubai free zone is the ideal choice. Introduced by the Dubai government to attract foreign investors, free zones are special economic areas offering unparalleled benefits, including 100% company ownership, 0% personal income tax, and low corporate tax rates (applicable on profits exceeding AED 375,000).
However, businesses in free zones face one restriction: they cannot directly trade with the UAE’s local market without working through a local distributor. Despite this limitation, the advantages far outweigh the constraints.
With over 30 free zones in Dubai, each catering to specific industries, entrepreneurs can choose the one that best aligns with their business goals. Key examples include the Dubai Multi Commodities Centre (DMCC), Dubai International Financial Centre (DIFC), and Dubai Airport Freezone.
Benefits of DMCC Free Zone
DMCC is recognized globally for its exceptional benefits:
100% Foreign Ownership: No requirement for a UAE national sponsor.
Tax Benefits: Enjoy 0% personal income tax, 0% corporate tax (For QFZP), and specific VAT exemptions in designated zones.
Repatriation of Capital and Profits: 100% freedom to repatriate profits and capital.
No Currency Restrictions: Conduct transactions in any currency.
Industry-Specific Support: Tailored facilities for sectors like trading, manufacturing, and consultancy.
A Leading Hub for AI Innovation: DMCC’s AI Ecosystem is driving transformative changes across industries, empowering businesses with advanced technologies and fostering sustainable growth.
Step-by-Step Guide for Business Setup in DMCC Free Zone
Setting up a business in DMCC is a straightforward process designed to minimize delays and maximize efficiency. Below is a step-by-step guide:
1. Find Your Business Activity: Start by identifying your business activity. DMCC supports over 2,100 approved business activities across sectors like trading, consultancy, eCommerce, and manufacturing.
2. Decide on a Free Zone: Select a free zone that aligns with your business goals. If you have already decided to work with DMCC, make sure you are familiar with all the relevant regulations. For any further assistance you can contact experts for information.
3. Choose a Company Name: Select a name that adheres to UAE naming conventions. It must avoid offensive terms, political references, or religiously sensitive words.
4. Apply for Initial Approval: Submit essential documents, including your business plan, passport copies, beneficial owner details and company name. Initial approval ensures there are no objections to your business setup.
5. Open a Corporate Bank Account: After obtaining initial approval, open a corporate bank account with one of Dubai’s reputed banks, including HSBC, Citibank, or Commercial Bank of Dubai.
6. Set Up Your Office Location: All businesses in DMCC require a physical address. Choose from fully equipped offices, co-working spaces, or industrial facilities available across 68 towers in DMCC.
7. Apply for Final Approval: Complete the final submission of required documents, including lease contracts, NOCs, and approvals from any additional authorities. Upon successful verification, you’ll receive your business license and can officially start operations.
Understand Your Setup Costs
Business setup costs in DMCC depends on your chosen activity, office space, and visa requirements.
Business Type
Approximate Cost (USD)
Freelancer
$1,360 – $2,040
Single-Person Operation
$4,085
Office Space (4 people)
$17,000+
License Renewal Packages:
Package
Cost (AED)
Jump Start Package
43,780 – 51,129
Prime Business (3 years)
76,140
Flexi Boost (1 year)
43,720
DMCC Dual Licensing Scheme
DMCC, in collaboration with the Department of Economic Development (DED), offers a Dual Licensing Scheme. This allows companies registered in DMCC to establish an onshore presence in mainland Dubai with a DED license while retaining their free zone benefits. This initiative also ensures smoother business operations, thanks to blockchain technology and shared databases between authorities.
DMCC Business Activities and Residency
DMCC supports a wide range of business activities, from trading and eCommerce to AI-driven innovations. You can view the DMCC List of Approved Activities by clicking here.
Employees of DMCC companies must have an employment residence visa issued by DMCC, typically valid for 3 years. Exceptions apply for GCC nationals and individuals sponsored by their families.
Final Thoughts
Establishing your company in the DMCC is more than just a business decision. It’s an investment in growth, innovation, and global connectivity. With benefits like 100% ownership, tax exemptions, and access to state-of-the-art facilities, DMCC Free Zone remains the #1 choice for entrepreneurs worldwide.
Ready to start your journey? Contact Bestax today for expert assistance with your DMCC Free Zone company formation and take the first step towards business success in Dubai!
FAQs About DMCC Free Zone
Why Choose DMCC Business Centre?
The DMCC Business Centre offers world-class facilities, including:
High-speed internet connectivity
Conference rooms
Flexible office spaces
Administrative support services
Whether you’re exploring a low-cost business setup in Dubai, aiming for an on-time business setup, or navigating costs with business setup consultants in Dubai, DMCC ensures a smooth and hassle-free process.
How many free zones are there in Dubai?
Dubai currently hosts over 30 free zones, each catering to specific industries and business activities. Some of the most prominent ones include Dubai Multi Commodities Centre (DMCC), Dubai International Financial Centre (DIFC), and Dubai Airport Freezone (DAFZA).
What is DMCC in Dubai?
The Dubai Multi Commodities Centre (DMCC) is a free zone and commodities exchange hub located in the Jumeirah Lakes Towers (JLT) district of Dubai. Established in 2002, DMCC focuses on facilitating global trade in commodities like gold, diamonds, tea, energy, and metals, while providing a world-class infrastructure for businesses.
Is Dubai Silicon Oasis under DMCC Free Zones?
No, Dubai Silicon Oasis (DSO) is not under DMCC. DSO is a separate technology park and free zone dedicated to technology and innovation-based industries. DMCC, on the other hand, primarily focuses on commodities trade, AI innovation, and other commercial activities.
Is DMCC a qualifying free zone?
Yes, DMCC is considered a qualifying free zone under the UAE Corporate Tax Law but not a designated zone. Companies operating within DMCC can benefit from a 0% corporate tax rate on qualifying income, subject to meeting specific regulatory requirements of QFZP.
What kind of company is a DMCC?
DMCC supports various business structures, including:
Free Zone Limited Liability Company (FZ LLC)
Free Zone Company (FZ Co.)
Free Zone Establishment (FZE)
These structures allow companies to operate with 100% foreign ownership, low corporate tax rate, and full repatriation of profits.
Are JLT and DMCC the same?
While Jumeirah Lakes Towers (JLT) is a residential and commercial district, DMCC operates within JLT. DMCC is the governing authority managing the free zone activities, licensing, and business operations within JLT. In short, JLT is the area, and DMCC is the free zone authority managing businesses in that area.
Disclaimer: The information provided is for general informational purposes only and should not be considered legal or financial advice. Please consult with professional advisors for specific guidance.
