DMCC
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Benefits of Establishing Your Business in DMCC
By choosing to establish your business in DMCC, you gain access to a globally acclaimed and award-winning free zone center. DMCC has consistently garnered recognition for its exceptional performance and status, being honored as the Global Free Zone of the Year by fDi Magazine for an impressive eight consecutive years, with the most recent recognition bestowed upon it in 2022.
Allow us to highlight some of the advantages and benefits that arise from incorporating your business within the esteemed DMCC.
This includes
Access to Global Market
- DMCC enjoys a prime location in the heart of Dubai, offering convenient access to airports and seaports.
- Dubai boasts a diverse population with approximately 90% comprised of expatriates, creating ample opportunities for conducting business with multinational partners.
- The provision of efficient immigration services, including comprehensive visa support.
One-Stop Shop
- DMCC serves as a comprehensive hub catering to all your business requirements. It provides access to an exceptional market, secure storage facilities, trading and research services, top-tier legal and financial advisory firms, and an unparalleled logistics and transportation network.
- To enhance convenience, DMCC offers a member online portal that ensures swift responses to your requests, thanks to its diverse array of services and facilities.
Tax and Financial Benefits
- Full ownership of your company by foreigners is permitted.
- There are no limitations on repatriating capital.
- No currency restrictions are in place.
- Personal income tax is not applicable.
- A standard VAT rate of 5% is enforced.
- Corporate income tax, if applicable, is set at only 9%.
Starting a Business in DMCC – Understanding the Costs
The total expenses associated with establishing a business in DMCC can vary based on several factors, such as the required number of visas for your company and the cost of leasing an office space.
Vip Zone offers business packages that begin at AED 23,000.
This package already encompasses:
- Business License and Office Space Benefits
- Enjoy the flexibility to conduct business operations within the jurisdiction.
- Benefit from the support of a dedicated Account Management Team.
- Avail of an interest-free monthly installment plan, starting at AED 3,250, with options available at RAKBANK, Dubai Islamic Bank, Mashreq, and Emirates NBD.
- We also accept cryptocurrency payments for your convenience.
Explore Monthly Payment Plans with Selected Banks
Transform your transactions into convenient and cost-effective monthly installments through our designated banking partners. Simply make a minimum credit card expenditure of AED 1,000 from one of our collaborating banks, and repay the amount in manageable installments spanning 12 months.
Steps
- To take advantage of this offer, simply make a minimum credit card purchase of AED 1,000 for any services offered by Vip Zone.
- Afterward, contact the banking services of any of our partner banks to request the conversion of your purchase into an Easy Payment Plan.
- You’ll have the flexibility to choose a payment duration of 3, 6, 9, or 12 months.
Types of Licenses Offered in DMCC
Almost every type of business activity is permitted within the free zone. Generally, these are the three types of licenses offered in DMCC:
This license is intended for companies engaged in the buying, selling, importing, and exporting of goods to, from, or within the UAE.
This license is designed for companies engaged in light manufacturing activities within dedicated facilities located within DMCC.
This license is tailored for companies operating within professional, legal, financial, media, technology, education, energy, and healthcare sectors, offering a range of services in these domains.
