Is JLT a free zone?

Jumeirah Lake Towers (JLT) Free Zone was established in 2002 and is the only free zone in Dubai providing the necessary infrastructure for the registration of commodities market places in the UAE.

Is DMCC a free zone?

The Dubai Multi Commodities Centre (DMCC) is one of the fastest growing UAE Free Zones. It was established in 2002 and is located in a lake-front development called Jumeirah Lakes Towers, opposite Dubai Marina and ten minutes from Jebel Ali Sea and Air Ports and the Logistic Corridor.

Is DMCC limited liability company?

The Dubai CA held that the DMCC Company’s license clearly establishes that it is a limited liability company organized under the rules and regulations of the Dubai Multi Commodities Centre (DMCC).

Are DMCC companies LLC?

The DMCC limited liability company (LLC) The DMCC LLC is preferred by international investors and entrepreneurs.

Which cluster of JLT is near Metro?

The Jumeirah Lake Towers Metro Station station is the nearest one to Jlt Cluster A in Dubai.

What is the meaning of DMCC?

Dubai Multi Commodities Centre
Dubai Multi Commodities Centre (DMCC) was established in 2002 by the Government of Dubai to provide the physical, market and financial infrastructure required to establish a hub for global commodities trade. DMCC (Dubai Multi Commodities Centre) مركز دبي للسلع المتعددة Type.

How much is DMCC license?

AED 50,020
DMCC Free Zone has been named “Global Free Zone of the Year” in 2015, 2016 and 2017 by The Financial Times FDI Magazine….

DMCC GENERAL TRADING LICENSE
Initial Approval & Trade Name (one time) AED 1,000
License Fee (yearly) AED 50,020
Registration Fee (one time) AED 30,020

What is DMCC in UAE?

What is DMCC license?

DMCC license types include: Trading License – allows trading only the groups of goods specified in the license. General Trading License – allows to trade any permitted goods. Service License – allows to provide services specified in the license and also provide consulting.

How do I start a DMCC business?

What you will need

  1. ONLINE PRE-APPROVAL APPLICATION FORM.
  2. COPY OF YOUR PASSPORT.
  3. PROOF OF RESIDENTIAL ADDRESS IN COUNTRY OF RESIDENCE.
  4. COPIES OF PARENT COMPANY DOCUMENTS.
  5. THIRD-PARTY APPROVALS FOR CERTAIN REGULATED BUSINESS ACTIVITIES.
  6. DETAILS OF AN OFFICE ADDRESS IN DMCC FREE ZONE (JLT)
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