A strategic initiative of the Dubai government, The Dubai Multi Commodities Centre (DMCC) was created to establish a commodity market place in Dubai, and provide industry-specific market infrastructure and a full range of facilities for the gold & precious metals, diamonds & coloured stones, energy and other commodities industries.
DMCC is a free zone authority offering 100% business ownership, a guaranteed 50 year tax holiday and freehold property options.
The objectives of this progressive Centre include:
• Creation of a dedicated market place in Dubai
• Increase the value and volume of commodities traded in and through the region
• Facilitation and integration of the entire value chain of its key segments
• Broaden the local market horizon e.g. Refining – Manufacturing – Trade
• Create industry specific market infrastructure for its core segments, innovate new products and services
• Provide a supportive business environment through purpose-built infrastructure
• Promote regional industry growth
• Enhance local industry through implementation of international standards
DMCC is a free zone authority offering market participants of the commodities industry and support services invaluable business incentives, including:
• 100% business ownership
• A guaranteed 50-year tax holiday on personal and income taxes
• Purpose-built infrastructure available on a freehold or leasehold option
• A one stop shop facility for processing of all documentation including immigration, registration and licensing