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In the UAE, free zones are defined locations where businesses can be established with special permissions and 100 percent foreign ownership. One of the fastest-growing UAE Free Zones is the Dubai Multi Commodities Centre (DMCC). DMCC registers and licences businesses that engage in the activities listed on the DMCC activity list. Depending on its commercial activity, each corporation is given a licence. DMCC offers three types of business licences: Trading, service, and manufacturing are three types of businesses.
As a newly constituted entity with one or more shareholders, a limited liability company (LLC) which international investors and entrepreneurs most often consider.
A branch office does not require a minimum paid-up capital requirement, but it must get a licence specific to its activity; the parent company defines the branch office's activity and scope of operations. As a result, a branch cannot participate in any activity that the parent does not provide.
Global Biz Setup is a reputable firm with a track record of successfully creating internationally known businesses in UAE-free zones. We provide complete incorporation services for all sorts of business structures, company jurisdictions, and legal organisations. We ensure the proper help in picking the business form with full information when setting up a Dubai Multi Commodities Centre free zone company. Document filing, business licence, accounting services, and bank account setup are all included in our company incorporation services.