DMCC Company Setup: The Complete Guide for 2024

About DMCC

Dubai Multi Commodities Centre (DMCC) has been ranked the Global Free Zone of the Year by the Financial Times for over nine consecutive years. With 26,000+ member companies from 170+ countries, it is one of the most diverse and vibrant business communities in the world.

DMCC License Types

• Trading License — for companies buying and selling goods
• Service License — for service-based businesses
• Industrial License — for manufacturing and production
• Holding License — for companies holding shares in other companies

DMCC Setup Process

1. Choose your business activities (from DMCC's approved list)
2. Select your company structure (FZ-LLC is most common)
3. Reserve your company name
4. Choose your office space (flexi, executive suite, or physical)
5. Submit application and documentation
6. Receive your trade license (typically 10 working days)
7. Open corporate bank account
8. Apply for visas

DMCC Costs (2024 Estimate)

DMCC setup costs vary by activity, office type, and visa quota. As a guide:
- License: AED 10,000-15,000 per year
- Flexi desk: AED 7,500-15,000
- Visa fees: AED 3,000-5,000 per visa
Total first-year cost: AED 20,000-50,000+