DMCC, a strategic initiative of the Government of Dubai, was established in 2002, with a mandate to provide the physical, market and financial infrastructure required to set up a commodities market place in Dubai. DMCC offers a unique opportunity for market participants in a wide range of commodities industries in four broad sectors including precious commodities (gold, diamonds, coloured stones and pearls), energy related sectors, steel and base metals and soft agricultural commodities (tea, cotton and others).
The Centre aims to attract key players throughout the entire value chain of each of these commodity sectors, together with a range of support industries such as finance, logistics, consulting and insurance. DMCC was the first UAE free zone authority to offer freehold business premises, in addition to all other standard free zone services. These comprise a 50-year holiday on personal and income taxes, full foreign ownership of business and a one-stop shop facility for processing of all documentation including immigration and licensing needs.
Type of companies eligible for a license:
Each company is issued a license depending on their business activity. While the license will be specific to the selected activities, a company can also apply for multiple licenses or for a general trading license. DMCC offer three types of licenses:
Office/Property Options within the JLT area*
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