Dubai Multi Commodities Centre (DMCC)
DMCC the name known for business with high dignity is the number one free zone set up in entire United Arab Emirates, which is located in Jumeirah lake towers. It's a Dubai government initiate to empower commodity trading business across UAE. Jumeirah lake towers are located in the heart of new Dubai, which is having an hour travel from Abu Dhabi. Ahmed Sultan Bin Sulayem, Executive Chairman of DMCC is the prime authority person controlling the authority actions.
As its name indicates, JLT is a beautiful location covered by lake shores that every entrepreneur will dream of. It has been witnessed for incredible improvements over all the physical infrastructures which leads to almost double growth in the free zone authority. DMCC is acting like a well reputed brand name that every company registered in there is utilizing to show off their capacity.
Starting business on DMCC Free zone?
Along with the ease access to the Asian, American, European and African continents, DMCC is ensuring tremendous benefits to the companies who is starting their business with them. That includes, 0% corporate and personal income tax rate guaranteed for 50 years, 100% business ownership, 100% capital repatriation, etc. Also the brand name of DMCC is itself a feature that every business organization can proudly display.
As per the statistics taken in 2013, Dubai Multi Commodities Centre is having nearly 6,800 registered businesses, 65 fully functional towers, 180,000 sq/m of commercial, residential and retail space and 65,000 people living and working inside the authority. Those numbers are enough to show how fast the DMCC could make their name in front line of business.