UAE’s DMCC unveils 6 months-trial offer to set up new ventures in Free Zone

By Rahul Vaimal, Associate Editor
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One of the global hubs for trade and enterprise in the region and the largest and fastest-growing Free Zone in the UAE, Dubai Multi Commodities Centre (DMCC) has rolled out a highly productive and easy organization setup offer for businesses across the globe. 

Under the new offer, firms anywhere in the world will be allowed to set up a representative office within DMCC in as little as 5 working days and manage the facility free of cost for a trial period of six months.

The authority will not seek any upfront fees under the offer so that businesses can explore the Dubai market ecosystem without making any initial investments. Organizations can instantly utilize the emirate’s strategic geographic location as the epicenter of world trade and an extensive logistics network that provides a gateway to access the region and beyond.

The fully digital process will provide new firms with smart solutions to access DMCC’s wide range of business services from any device, anytime and anywhere. The new offer allows new registrants to avoid opening a bank account as part of the setup requirements.

The offer which is only valid till 31st December 2020 offers an option for entrepreneurs and owners to apply for a residence visa along with family members, access to DMCC business center facilities and digital networking platforms to connect with DMCC member companies.

Ahmad Hamza
Ahmad Hamza
Exe. Director – Free Zone

“DMCC has successfully established a dynamic and thriving business district that has redefined the ease of doing business. That is why 18,000 companies have chosen to set up in our Free Zone. With this new offer, we are once again making it easier and faster to set up a presence in Dubai and enabling access to some of the fastest-growing markets. In turn, we are boosting the Emirate’s economic resilience to ensure it always remains the chosen place for doing business.”

Since its establishment in 2002, DMCC has attracted over 18,000 local and global businesses of all sizes, from start-ups and SMEs to Fortune 500 companies. The award-winning business district adds 7 new businesses on average every day.