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News

SFM IN PRESS

It is now possible to purchase properties in Dubai with a RAK offshore company

8 August 2019

In a recent development, businesses individual shareholders registered in RAKICC (Ras Al Khaimah International Corporate Centre) may now own properties in areas of Dubai designated as freehold. [..]

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Ras Al Khaimah is offering the best of both worlds

18 June 2019

The best of both worlds in Ras Al Khaimah, where in the frame of a continuous development, the authorities launched a unique product – the Premium Product – combining onshore and offshore features. [..]

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DUBAI MULTI COMMODITIES CENTER

Our Commitment

  1. Your Company in Dubai Multi Commodities Centre formed within 10 working days. *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members
  5. Setting up your company with a bank account including eBanking and debit card
Dubai Multi Commodities Center Company

Dubai Multi Commodities Center Company Main Characteristics:

Company type Free Zone Limited Liability
Governing corporate legislation DMCC Free Zone Authority
Information published relating to company officers Company director names are not disclosed
Confidentiality Complete confidentiality
Accounting requirement Accounts and auditing are required
Taxation No corporate or personal taxation
Legislation DMCC Company regulations
Standard currency UAE Dirhams pegged to USD
Time to form 10 working days
Communication Efficient communication
Local sponsor requirement Not needed
Foreigner ownership 100%
Residence visa issuance Residence Visa issued
Number of directors needed A minimum of one director

Licensing types:

  • Trade licenses
  • Industrial License
  • Services License

The major categories of industries that DMCC can license include:

  • Agriculture
  • Fishing
  • Mining & quarrying
  • Manufacturing
  • Electricity, gas & water supply
  • Construction
  • Trading & repairing
  • Hotels & restaurants
  • Transport, storage & communications
  • Financial intermediation
  • Real estate and business services
  • Education
  • Health & social work
  • Other community, social & personal services

Information concerning DMCC

DMCC

The DMCC has over 8,500 companies registered. This entity was established in 2002 with a vision to provide the physical, market and financial infrastructure required to set up and operate a world class commodities marketplace. The commodities that are traded through this free zone are primarily, gold, silver, copper, diamonds, tea, pearl, agro, base metals, currencies, energy, equity.

This free zone is also home to the following exchanges, namely,

  • Dubai Gold and Commodity Exchange (DGCX);
  • Dubai Diamond Exchange (DDE);
  • Dubai Pearl Exchange (DPE); and
  • Dubai Tea Trading Centre (DTTC).

* Please refer to our Terms & Conditions