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Establish a company in Dubai Multi Commodities Centre

٠١ مايو Establish a company in Dubai Multi Commodities Centre

Establishing a company in the Dubai Multi Commodities Centre is an attractive investment option for many investors and businessmen wishing to enter the UAE market, as this centre enjoys a distinguished strategic location in the heart of Dubai, which facilitates access to regional and global markets and enhances opportunities for expansion and growth. Itqan Company provides integrated services to help investors establish their companies with ease and convenience, as this includes all the necessary steps, starting from choosing the appropriate type of company to preparing the required documents and obtaining the necessary licenses. The Dubai Multi Commodities Centre is a free zone specializing in trade and commodity trading, as it provides investors with many competitive advantages such as tax exemptions and no restrictions on foreign currencies, which makes it a preferred destination for investors from all over the world. The centre provides an advanced business environment that includes a wide range of technological services and modern infrastructure, which facilitates business operations and enhances performance efficiency. The centre also provides a range of diverse options for establishing companies, including limited liability companies, sole proprietorships and representative offices, which meet the different needs of investors. Investing in the Dubai Multi Commodities Centre allows investors to benefit from extensive commercial networks and cooperate with a variety of global and local companies, which contributes to enhancing growth and profitability. Therefore, Itqan Company looks forward to providing the necessary support to investors to help them In achieving their business goals by establishing a successful and prosperous company in this vital and distinguished center.

Establishing a company in Dubai Multi Commodities Centre

Types of companies that can be established in the center

Establishing companies in Dubai Multi Commodities provides investors with a variety of options that meet their different needs and help them achieve their business goals. The center is an ideal destination for businesses thanks to its advanced investment environment and the many advantages it provides to investors. Therefore, it is important to know the types of companies that can be established in this center so that the investor can choose the type that is most suitable for his business activity.

  • Limited Liability Companies (LLC): LLCs are the most common type of company in DMCC as they allow investors to protect their personal assets from commercial debts and are suitable for small and medium businesses.
  • Sole Proprietorships: Sole proprietorships allow businesses to be conducted individually and are suitable for investors who want complete control over their business without the need to partner with others.
  • Foreign Branches: Foreign companies can open branches in DMCC allowing them to take advantage of local business opportunities without the need to establish a new company.
  • Representative Offices: Representative offices allow foreign companies to market their products and services in the UAE market without directly engaging in commercial activities and are an ideal option for seeking new business opportunities.
  • Partnerships: Investors can establish partnerships with more than one person. This structure allows for the division of responsibilities and profits between partners, which makes it easier to manage the business more efficiently.
  • Investment companies: Investment companies specialize in asset management and providing financial advice and are a suitable option for investors wishing to enter various investment fields.

By choosing the right type of company, investors can make the most of the opportunities available in DMCC and achieve sustainable business success.

Documents required to establish a company in the center

Documents required to establish a company in the center

Establishing a company in Dubai Multi Commodities is an important strategic step for investors wishing to enter the global trade market. The center provides a flexible and attractive business environment with multiple tax benefits and professional facilities. Therefore, it is essential to understand the required documents to ensure that the establishment process runs smoothly and efficiently.

  • Passport: A valid passport must be presented for both shareholders and directors of the company, as the passport is the primary document proving the identity of investors.
  • Personal Photo: Recent personal photos of investors are required for use in company registration procedures.
  • Business Plan: A detailed business plan must be submitted that explains the type of business activity targeted, the objectives, and the business strategy as this document helps the responsible authorities understand the investor’s vision.
  • Lease Agreement: A lease agreement must be submitted for the office or premises to be used in the centre, as this agreement proves the existence of an actual premises for the business.
  • Additional Identity Documents: Additional documents such as Emirates ID cards or documents showing the work history and experience of the investors may be required to confirm their eligibility to establish the company.
  • Necessary approvals: In some cases, additional approvals or special licenses may be required depending on the type of business activity to be established.
  • Application Form: The application form for establishing the company must be filled out and can be obtained from the official website of the Dubai Multi Commodities Centre or through Itqan Company.

Providing these documents accurately and in an organized manner makes it easier for investors to complete the incorporation procedures quickly and helps avoid any delays or legal issues in the future, which enhances their chances of success in this dynamic market.

Our company’s role in establishing a company in Dubai

Establishing a company in the Dubai Multi Commodities Centre represents an important strategic step for investors looking to strengthen their presence in the global trade market. The centre provides a unique investment environment that combines advanced facilities and distinguished tax benefits, making it an ideal destination for new and expanding businesses. Thanks to the facilities provided by Itqan, investors can overcome many of the administrative and logistical obstacles that they may face during the establishment process, as the company guarantees comprehensive support at all stages of establishing a company, starting from planning and developing strategies to completing the necessary legal procedures and obtaining the required licenses. Itqan’s specialized team works to facilitate all the necessary processes to ensure that new companies launch smoothly and efficiently, which enhances their chances of success in this dynamic market. The Dubai Multi Commodities Centre is not only a centre for trade, but also provides a platform for communication with other investors, which opens up prospects for future cooperation and strategic partnerships. The business atmosphere full of opportunities makes establishing a company in this centre a valuable step for anyone seeking to achieve their commercial ambitions and expand their business. Therefore, investing in Dubai Multi Commodities through Itqan is a fruitful option that opens the doors to new horizons of success and growth, which confirms the importance of this step in the journey of everyone. An investor seeking to achieve his business goals and future ambitions.

Frequently Asked Questions About Starting a Company in Dubai

What is Dubai Multi Commodities Centre?

Dubai Multi Commodities Centre is a free zone dedicated to trade and commodity trading, and is a global hub for commodities and commercial transactions.

What are the advantages of establishing a company in the center?

Key benefits include tax exemptions, no foreign exchange restrictions, a sophisticated business environment and comprehensive support services.

What types of companies can be established in the centre?

Several types of companies can be established, including limited liability companies, foreign branches, sole proprietorships, and representative offices.

What documents are required to establish a company in the center?

Basic documents include: investor’s passport, personal photo, business plan, and a copy of the office lease.

How long does it take to set up a company in DMCC?

The incorporation process usually takes two to four weeks depending on the type of company and the required documents.