Dubai Company Consulting Services What are the requirements for registering a DMCC company?

As one of the most dynamic free zones in the Middle East, Dubai multi commodity trading center (DMCC) has attracted the attention of global investors with its superior geographical location, loose policy environment and perfect business facilities. Registered DMCC companies need to meet a series of conditions, covering shareholder qualifications, office space, business compliance and other dimensions, the following from the core elements of the detailed description.

Registered DMCC Company Conditions

1. Type of company

free Zone Limited Liability Company (FZ-LLC): This is the most common type of company and is suitable for most SMEs. Shareholders can be natural or legal persons, at least one shareholder and one director are required, and the director can be a foreigner.

Branches: Foreign companies can set up branches in DMCC, and the business scope of the branches should be consistent with that of the parent company. The branch does not have an independent legal personality, and its civil liability is borne by the parent company.

2. Requirements of shareholders and directors

shareholder: At least one shareholder, which can be an individual or a company. There are no restrictions on the nationality and residence of shareholders.

Director: At least one director, who may be a natural or legal person. If the director is a natural person, he can be a foreigner, but a valid passport copy and other relevant documents are required.

3. Requirements for registered capital

there is no minimum registered capital requirement for DMCC companies, but the amount of registered capital needs to be specified in the articles of association. Registered capital may be in the form of cash, in kind or other assets. At the time of registration, there is no need to actually pay the entire registered capital, just complete the subscription within the specified time.

4. Registered Address Requirements

the company must have a physical registered address within the DMCC Free Zone, which will be used to receive official documents and notices from the government. DMCC provides a variety of office space options, including shared office space, independent offices, etc., enterprises can choose according to their own needs.

Registration Process and Material List

the registration process is broadly divided into the following steps:

submission of application for pre-examination of name;

sign the office space lease contract and pay the down rent;

prepare registration materials, including shareholder passport, address certificate, business plan, etc;

submit an application for registration;

pay the registration fee and obtain the business license after the examination and approval;

for tax registration, bank account opening and other follow-up procedures.

Core materials include:

copies of passports and address certificates of shareholders and directors (utility bills or bank statements for the last 3 months);

company name pre-examination approval letter;

office space lease contract;

business Scope Confirmation;

registered capital declaration letter (to be signed by shareholders).

Zhuoxin Enterprise provides agency services such as domestic and foreign company registration, bank account opening, annual tax return, agency bookkeeping, trademark registration, ODI Overseas Investment Filing, etc. If you have any business needs in this area, please feel free to consult our online customer service!