Posted on 15-May-2019
Establishing a business in the DMCC FZ is a fairly straightforward method once you have got the proper kind of guidance. Some of the steps involved in the setup process can be handled easily, while others are not. Through this piece of write-up, we aim to equip you with all the necessary with regards to starting a business in the free zone.
There are three options to choose, all of which are mentioned below:
Since there are several business categories and activities to pick from, this step may be a little tougher than the rest. Every business setup is provided with a license supporting its commercial activity, and although licenses are usually restrictive to the chosen industry, an organization can gain additional permits or a commercial license (Allows the import, export, distribution, consolidation, and storage of a variety of products).
It is the easiest step of the whole process. Once your company name is selected, you are ready to own a DMCC free zone business.
The documentation varies depending on the company type as well as the nature of the company’s business activities. However, the process is relatively the same. A couple of documents will be required such as signed application forms, proof of address, specimen signature, business plan, etc. Once this process is complete, there is only one more step left.
Appoint a DMCC accepted auditor to your organization after receiving your commercial enterprise license: Once this stage is complete, your company is now a valid company, and you have successfully start a company in DMCC FZ.
DMCC freezone houses in excess of 14,000 companies & has above 100,000 people from 170 countries working in it. The area thrives with businesses popping up very often. After sorting out the legal procedures, it takes about 2 weeks to establish your business in the freezone. Due to the ease of setting up a business, and the state-of-the-art infrastructure, it is attractive to new entrepreneurs in the region.