Thursday, 21 June 2012

Company Formation in UAE free zone - Dubai Multi Commodities Centre

Established in 2002 by Royal Decree, the Dubai Multi Commodities Centre Authority (DMCC) is a strategic initiative of the Government of Dubai, with a mandate to enhance commodity trade flows through the Emirate by providing the appropriate physical, market, financial infrastructure and services required.

By offering a fit-for-purpose regulatory framework, modern infrastructure, freehold property, innovative products and cost efficient, value-added services, DMCC successfully attracts key participants throughout the entire value chainof a wide range of commodities sectors along with a range of businesses from shipping to recruitment, IT to advertising, and more.

DMCC is the master developer and licensing authority for the Jumeriah Lakes Towers (JLT) free zone, one of the largest mixed use free zone developments in Dubai.

Today, DMCC has registered over 3,000 companies, with 90% of new registrations coming from businesses that are new to Dubai, including multi-nationals, major regional industry participants as well as small/medium sized businesses and entrepreneurs.

Dubai Airport Free Zone offers the companies and individuals the following incentives and benefits:

100% corporate tax exemption                                                  100% repatriation of capital and profits

100% personal income tax exemption                                        Single window clearance (One stop shop)

100% foreign company ownership                                             No currency restrictions

Posted by Winston Wambua Karumba, Senior Business Consultant

For more information about Company Formation or inquiry you can contact me on

Winston Wambua

Mobile +971553350517


Skype: Winston.wambua

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