DMCC successfully facilitates commodity trade between East and West through its fit-for-purpose regulatory framework, modern infrastructure, free-hold property, innovative products and value-added services through the fastest growing free zone development in Dubai – the JLT Free Zone.
- Registration and Licensing
DMCC licenses companies from a wide range of business sectors at the JLT Free Zone, from commodities to retail, IT, marketing and more. In order to ease the process of setting up a business at the JLT Free Zone, DMCC offers seamless registration and licensing processes and general services at its dedicated Client Service Centre in Almas Tower.
The DMCC Client Service Centre provides all registration, licensing and government service procedures under one roof, including utilities set up, employee affairs procedures, renewal of residence permits, issuance of visas and commercial sales and leasing brokerage services.
To further ease the process of setting up business in the JLT Free Zone, DMCC appoints dedicated Client Relationship Executives to assist members throughout the entire process.
- Products and Services
DMCC is committed to offering value-added products and services to support its ever expanding client base, and is responsible for the introduction of initiatives such as the Dubai Diamond Exchange (DDE), Dubai Pearl Exchange (DPE), and the Dubai Tea Trading Centre (DTTC). DMCC also offers secure diamond and gold vaults in Almas Tower, and operates the UAE Kimberly Process Office on behalf of the Government of Dubai, in order to ensure diamonds entering the UAE are conflict free. Other DMCC initiatives include Dubai Shariah Asset Management (DSAM) and the Dubai Good Delivery (DGD) standard for gold. DMCC also offers trade and commodity finance solutions such as DMCC Tradeflow and the Kauthar Gold Fund, the world’s first Shariah-compliant gold-focused hedge fund for retail clients. DMCC also launched the “Loan Against Gold” product, a joint initiative with ENBD’s Emirates Money.
DMCC’s 200-hectare development, Jumeirah Lakes Towers (JLT), currently consists of 62 completed towers including the DMCC owned towers, Almas Tower, Au Tower and Ag Tower, four lakes, six playgrounds and over 100 retail units. The Property Services Unit is responsible for looking after all physical infrastructure in common areas within the JLT development. Today, over 40,000 people live and over 15,000 work across the 62 completed towers in the JLT Free Zone. Those looking to lease or buy commercial property in JLT can do so via DMCC’s Commercial Sales and Leasing brokerage division.