DMCC in Dubai The Most Prestigious Free Zone in UAE

Types of legal entities in DMCC

Types of company

• New company – Limited liability company as a newly formed entity with single or multiple shareholders.
• Subsidiary – Limited liability company as a wholly owned subsidiary of a local or foreign company
• Branch – Local or foreign company (no share capital is required)

Types of License

Each company is issued a license depending on the business activity, while the license will be specific to the selected activities according to the business plan.A company may also apply for multiple licenses or for a General Trading license.

The following types of licenses are available:

• Trading
• Services
• General trading

Requirements for company setup

• Appointment letter
• Passport copy
• Proof of residential address (utility bill)
• Summary of business plan
• If applying for a branch or subsidiary, copies of the parent company documents notarized and attested
• Certain business activities may have additional requirements

Steps and time of formation

Your DMCC Company formation process goes through the following steps:

• Submission
• Pre-approval by DMCC
• Company Registration
• Company Licensing

The whole process is expected to take 3 to 4 weeks.