What Is a DMCC Free Zone in Dubai, UAE?

Dubai Multi Commodities Centre (DMCC) is one of the most prestigious and sought-after free zones in the United Arab Emirates (UAE). Established in 2002 by the Government of Dubai, DMCC is designed to facilitate trade across various industries, including commodities, finance, and technology. It has gained a reputation as a global business hub, attracting entrepreneurs and corporations from around the world. Understanding DMCC Free Zone DMCC Free Zone is a dedicated business district that offers a tax-friendly environment, world-class infrastructure, and simplified company setup procedures. Located in Jumeirah Lakes Towers (JLT), DMCC is home to over 22,000 companies, making it one of the largest free zones in the region. Key Benefits of DMCC Free Zone 1. 100% Foreign Ownership Business owners in DMCC have full control over their companies without the need for a local sponsor. 2. Tax Advantages 0% personal and corporate income tax 100% capital repatriation No import or export du...