Business Setup in DMCC

1
BUSINESS SETUP IN DMCC
2
Are you dreaming about a business on your own?
Dubai is a paradise for all the budding
entrepreneurs, because of their safe and strict
legal system and various free zones that ensure
the maximum profit to the stakeholders. DMCC
(Dubai Multi Commodities Center) is one of the
leading Freezone which is established in 2002.
The infrastructure of DMMCC to accommodate the
trade of global commodities is a great attraction
for investors.
3
PROCEDURE TO SETUP A BUSINESS IN DMCC The
business setup in DMCC is a convenient and simple
procedure. The whole procedure can be done online
which makes it considerably simpler. It is
essential to do these means to make your dream a
reality. The fundamental three stages included
are pre-endorsement, company registration, and
company licensing. These procedures can be
further broken down into the following steps.
4
KIND OF BUSINESS Before setting up a business it
is significant to choose what kind of business
you need and which license is for it. This is a
vital advance because various organizations have
different licenses based on their
sector.   KICKSTART THE PROCESS The initial step
is to submit an online application. After filing
the necessary information such as the license
type, bank name, etc., an application fee is to
be paid to finish up the application procedure.
The application will get approved within seven
working days.
5
(No Transcript)
6
SEAL THE DEAL After processing these documents,
DMCC will grant you a letter of approval and a
bank letter. This bank letter is needed to begin
a bank account for the company in a bank of your
preferring.     GET YOUR WORKSPACE After
receiving the approval of the company, you have
to pick an office space for your organization.
You have to submit and sign a couple of records
to get the endorsement for the workspace. You
will get an e-license within 5 working days for
the same.
7

• DOCUMENTS NECESSARY
• It is much recommended to consult any of the
  business consultants in Dubai to know exactly
  about the documents that you need to submit at
  the time of application. To carry out the process
  in a smooth manner, it is important to have all
  your documents ready. The documents that you
  require will vary depending on the type of
  business and the license you intend to hold. The
  fundamental documents that you required for the
  process are as follows
• Passport copy of the owner.
• Copy of the business license 
• Supporting documents
• Proof of residence (electricity bill).
• Office address
• Passport size photo

8

• DIFFERENT TYPES OF LICENSES IN DMCC
• Each business requires different kinds of
  licenses depending on the type of company. There
  are four kinds of licenses in DMCC. Almost all
  companies in the DMCC will fall under any of
  these license categories.
•  
• INDUSTRIAL LICENSE
• SERVICE LICENSE
• TRADING LICENSE
• GENERAL TRADING LICENSE

9
If you have a planning setup business in DMCC,
you are already halfway on your path to success.
Dubai is the best place to start a business DMCC
is the best place to build it physically. If
ample research and hard work are put in, DMCC
never disappoints its entrepreneurs.