Six-Ways-Foreign-investors-benefit-from-setting-up-a-company-in-DMCC-Free-zone

New Packages by DMCC to Boost Low-cost Business setup in Dubai

We have stepped into an upbeat business mode in 2021, breaking away from the uncertainties of the past year. A handful of fresh reforms and packages are rolled out by the government and free zone authorities to energise the landscape of business setup in Dubai. Expo 2020, trade resumption with Qatar and citizenship for expatriates have boosted foreign investors’ interest in company formation in Dubai. Furthermore, affordable business setup packages offered by Dubai Multi Commodities Centre (DMCC) have underscored the fact that setting up a new business in Dubai is lucrative as ever.

In this article, we explore how the new business setup packages offered by DMCC will boost low-cost business setup in Dubai. Let’s have a glimpse of the prominent features of DMCC business setup packages.

Jumpstart Package by DMCC

The ‘Jump Start’ package, tailored to SMEs and startups, offers discounts of up to 24% on DMCC business licences and essential business tools, including Flexi desk solutions, UAE residency visas, flexible payments and access to new business opportunities through the DMCC Business Matching Hub. The package is available in one-, two- or three-year options. Consult with company formation specialists to initiate the business set up in DMCC without any hassle.

Benefits of Jumpstart Package by DMCC

By availing of the DMCC’s jumpstart package for commencing business setup in Dubai, you will be entitled to the following benefits,

  1. DMCC Business License of your desired activity
  2. Company stamp, Commemorative certificate & Establishment card
  3. Standard Flexi Desk
  4. One or three-year UAE residency visa
  5. Priority access to business networking events

The Prime Plus Package by DMCC

For medium and larger businesses, DMCC has launched the ‘Prime Plus’ package, which offers swift company setup, fast-tracking, more flexibility and savings on licenses. The Prime Plus package comes with a three-year company license, flexible payments, dedicated support through the application submission and a 20% discount when taking an additional license, among other perks.

Benefits of Prime Plus Package by DMCC

Prime plus package by DMCC facilitates a quick and affordable company formation in Dubai for medium or big enterprises. The package comes with the following benefits,

  1. Operational fitness certificate
  2. Company stamp, Commemorative certificate & Establishment card
  3. Flexibility to pay in two instalments
  4. No extra charges for adding shareholders, directors, license activities
  5. Prize freeze guaranteed on license renewal

 Who Are all Eligible to Apply for the Packages?

DMCC has envisioned the new company formation packages to promote new entrepreneurs planning to set up a business in Dubai. The low-cost business setup packages in DMCC are available to new companies joining the free zone from February 2020. The package is designed to boost the economic resilience of new investors amidst the economic uncertainties of the COVID-19 pandemic.

How to Setup a Gaming Business in DMCC?

The process of setting up a gaming business in D can be completed in the following simple steps

  1. Select the business activity
  2. Select an appropriate legal structure
  3. Select a name for the company
  4. Submit the business application form (business setup consultants in Dubai provide this)
  5. Obtain approval of proposed name & activity
  6. Complete legal & regulatory signature with DMCC Authority
  7. Issuance of a trade license
  8. Obtain a co-working space/office space
  9. Obtain visas for self/employees
  10. Open a corporate bank account
  11. Start the business

Major Benefits of Company Formation in DMCC

Bay opening a company in DMCC, the entrepreneurs can enjoy benefits including strategic location, access to global markets and excellent infrastructure. The following are some of the benefits DMCC provides for the investor:

A Free Zone of Global Reputation

DMCC holds the reputation of being one of the most efficient free zones in terms of facilities and exemplary services for facilitating easy company formation in Dubai. In view of these factors, DMCC has been crowned a ‘Global Free Zone of the Year’ six times by the Financial Times fDi Magazine. The reputation of DMCC is one of the major draws for foreign entrepreneurs seeking to establish a business in Dubai.

A Gateway to Global Trade

DMCC is the ideal free zone in Dubai when it comes to connectivity and location. The free zone is strategically located in the heart of Dubai at the centre of the Jumeirah Lakes Towers district. DMCC serves as a gateway to global trade with its excellent access to the world’s important markets.

Modern Office Space Solutions

Company formation in DMCC provides investors with robust and cost-effective office space solutions. DMCC has a wide range of business centres in JLT that are suited for businesses of all sizes, including SMEs and startups. Consult with the best business setup consultants in Dubai to get further information on the office space options.

How can Jitendra Business Consultants Help?

The process of business setup in DMCC has become more exciting with the new packages offered by the free zone authorities. By availing of the affordable packages offered by DMCC, investors get benefits such as a wide range of activities, modern office spaces, access to global markets etc. However, foreign investors need to hire the best business setup consultants in Dubai, such as Jitendra Business Consultants (JBC), to minimise the complexities of the incorporation procedure. JBC’s team of qualified business setup advisers in Dubai will ensure a hassle-free incorporation process. JBC’s one-stop solution for business setup services in Dubai enables investors to achieve their business goals quickly.

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