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This company can engage in the providing computer systems analysis, developing software for the facilities involved in education and training process, including analyzing user needs and problems, providing consultancy on optimal economical solutions and the necessary programs for their implementation. The activity can also include software installation, testing, and maintenance.
The following business activity has been selected for the DMCC company setup:
Depending on the chosen package, the company can engage in up to three or six business activity types under one license without additional fees. This is provided that the codes for these activities share the same first two digits.
No additional approvals are required to register a company conducting this business activity.
The minimum share capital required for this company is AED 50,000. It must be contributed within 90 days of obtaining the license.
If a shareholder plans to obtain an investor visa, his/her share in the share capital must be at least AED 50,000.
Entrepreneurs are provided with the opportunity to open a corporate account in classic banks with physical branches, as well as in digital banks and in payment systems.
When choosing a bank to open a corporate account, factors such as the level of service, fees, available currencies, convenience of online banking, the reputation of the bank and other conditions that may be important for business should be taken into account.
Successful corporate bank account opening requires a well-prepared document package, which may vary depending on the specific requirements of a particular bank. Incorrectly or incompletely submitted documents may negatively affect the final decision of the bank in processing the application for opening a corporate bank account.
DMCC (Dubai Multi Commodities Centre) is a free economic zone founded in 2002 in the Jumeirah Lake Towers (JLT) Business District of Dubai.
The JLT Business District offers modern infrastructure and attracts businesses with high-quality commercial and office spaces in a strategically advantageous location. The area is designed to foster a comfortable environment for both living and working. It features a variety of amenities and services for residents and employees, including restaurants, shops, recreation areas and transport infrastructure.
DMCC is a global trading hub specializing in various goods, including precious metals, energy, agricultural products, diamonds, jewelry and others. Companies registered with DMCC can operate within this zone and outside the UAE.
DMCC issues the following types of business licenses:
The prestige and fine reputation of DMCC attract major financial institutions, trading companies and industrial organizations, creating a favorable business climate and enhancing companies' global market positions.
The DMCC company registration provides various benefits and opportunities for entrepreneurs:
In DMCC, businesses can register as one of three main types of legal entities:
A physical office or commercial premises is required for company registration in DMCC.
DMCC offers various office solutions as part of its service packages. However, companies can rent or purchase extra spaces to increase visa quotas or enhance their amenities.
All DMCC premises solutions are available upon prior request and subject to availability.
In some cases, DMCC may require companies to obtain a Certificate of Compliance (CoC) or an Annual Certificate of Fitness for Occupation (AFOC) for the leased premises.
The UAE has several taxes and fees that regulate the financial activities of both legal entities and individuals. Below are the main ones:
All companies registered in DMCC are required to undergo an annual audit and submit financial and tax reports.
DMCC offers the following main types of UAE resident visas for foreign investors and company employees:
With the assistance of our platform manager, who will provide you with service instructions, arrange meetings with DMCC representatives, and assist in coordination
Receive expert guidance from an authorized consultant who will manage the entire process of obtaining DMCC services
An elite consultant will oversee the process of obtaining DMCC services, ensuring a seamless experience