DMCC company setup
The Dubai Multi Commodities Centre is one of the largest and best-known free zones in the world, based in Jumeirah Lakes Towers. A DMCC licence carries weight with banks and counterparties.
About DMCC
DMCC was established in 2002 to develop Dubai as a hub for commodities trade. It now hosts companies across trading, technology, financial services, gaming, crypto and professional services, with gold, diamonds, tea and coffee sectors still at its core.
Who it suits
- Commodities traders in precious metals, diamonds, energy and agricultural goods
- Established trading and holding companies that value a respected address
- Crypto and Web3 businesses using the DMCC Crypto Centre
- Businesses expecting to grow a team with physical offices
Key features
- Hundreds of permitted activities
- Flexi-desk options for small teams; offices across JLT towers
- Strong reputation with international banks and counterparties
- Metro-connected, mixed-use district with offices, residences and hotels
Considerations
DMCC typically costs more than the budget free zones, and some regulated activities, such as precious metals and crypto, involve additional compliance. It suits companies that will use the reputation and the community.
Process
- Pre-approval of activity and name.
- Submission of shareholder documents and business plan for some activities.
- Lease a flexi-desk or office.
- Signing and licence issue.
- Establishment card and visas.
Common questions
Is DMCC good for bank accounts?
DMCC companies with real operations generally have good access to banking. The bank still reviews your business model and owners individually.
Can I trade gold through a DMCC company?
Yes, with the appropriate licence and compliance programme, including registration with goAML. See Gold and jewellery trading.
Official sources
We check our guidance against these official sources. Always confirm current fees and rules before acting.