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Is DMCC a Free Zone in Dubai?

DMCC a Free Zone

The DMCC (Dubai Multi Commodities Centre) is one of the most prominent free trade zones in Dubai. It was created in 2002 as a commodity marketplace and has grown to become the leading free zone for trading in gold, diamonds, precious metals, energy, tea, coffee and agriculture. Awarded ‘Global Free Zone of the Year’ by Financial Times fDi magazine, DMCC provides world-class services and infrastructure, a vibrant community and endless networking opportunities.

The best thing about the DMCC Dubai is that it provides an excellent platform for trading and business expansion. It has world-leading companies as its tenants, including HSBC, Deutsche Bank, Emirates NBD and Standard Chartered, among many others. This means that your company will have access to top talent and a wealth of knowledge. It will also be able to build connections with other businesses in the same industry, helping you grow your business further.

While DMCC is primarily focused on commodities, other free zones in the UAE such as Jebel Ali Free Zone (JAFZA), Dubai Silicon Oasis (DSO) and Dubai Airport Free Zone (DAFZA) focus on a broader spectrum of industries. This can influence where you decide to base your business.

Is DMCC a Free Zone in Dubai?

Getting your business set up in the DMCC is easy and straightforward, with no bureaucratic red tape for foreigners. However, it is important to note that the process varies depending on the type of business you are setting up and the type of license you will require. We can help you determine the appropriate type of DMCC license for your needs and guide you through the entire process.

Once your DMCC company has been established, you can enjoy a number of tax benefits. The DMCC free trade zone does not levy any taxes on businesses, making it an ideal location to establish and grow your business. It also offers a supportive working environment with purpose-built infrastructure, and maintains strict legislation procedures that are aligned with international policies. The DMCC also offers a wide range of property choices for your business.

You can choose between low-rise and high-rise office space, warehouses and retail spaces in DMCC. Serviced offices are also available for businesses that prefer to use a flexible workspace rather than commit to a full-office lease. This is especially beneficial if you plan to hire a large number of local staff.

Located in the Jumeirah Lake Towers district of Dubai, DMCC is easily accessible by road and rail. The area is well connected to major landmarks such as Dubai Marina, JBR and Tecom, and is just 15 minutes from the EXPO 2020 site. You can also reach the airport in 30 minutes by car or train. Moreover, if you need to host visitors from overseas, there are numerous luxury hotels in the vicinity of DMCC.

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