DMCC Company Setup, Dubai, 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 6 to 8 weeks.

Contact us

Our professional staff will assist you step by step to setup your DMCC or RAK Company and open your corporate Bank account in a reputable Bank in Dubai. Contact us at office@offshoredubaicompany.com or phone number +971 561 146 682. Dubai Time UTC/GMT +4 hours.

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