Business Setup in Dubai Maritime City
leading global maritime hub
Company Formation in Dubai Maritime City
The Dubai Maritime City Freezone (DMC) is a world-class hub designed to empower every aspect of the maritime industry. It is also known as DMCA free zone. Moreover, the jurisdiction is the member of Dubai World Group of Companies.
Company formation in Dubai Maritime City comes with un-ending benefits. First of all, it is one-of-a-kind integrated maritime center, strategically located between Port Rashid and Dubai Dry Docks. It’s a haven for maritime-related businesses, from shipping and logistics to yacht manufacturing and marine engineering. Think of it as your gateway to a dynamic ecosystem teeming with potential.
In addition, DMCA free zone is the driving force behind Dubai’s approaches to promote the maritime sector and the government of Dubai intends to make the emirate one of the world’s best maritime capitals.
The freezone spans over 249 hectares of prime maritime real estate. Dubai’s world-class maritime cluster has ranked as the fourth largest port operator; the sixth-leading centre for port and logistics services and tenth among the prime ports with regards to the size of ship owners’ fleets and the size of fleets – in the world.
Let's Connect.
Benefits of Setting Up in DMC
- 1. 100% foreign ownership
No Emirati partner required, giving you complete control.
- 2. Tax-friendly environment
Maximize your profits with zero corporate income tax and import duties.
- 3. Fast-track business setup
Streamlined processes and expert guidance from Shuraa make establishment hassle-free
- 4. Unparalleled infrastructure
Advanced amenities like dedicated quays, warehouses, and workshops cater to your every need.
- 5. Global connectivity
Seamless access to sea, air, and land transportation networks keeps your business well-connected
Business Activities Permitted at DMC:
DMC Dubai caters to a wide range of maritime-related activities, including:
- Shipbuilding and repair
- Yacht manufacturing and maintenance
- Offshore oil and gas exploration
- Logistics and supply chain management
- Marine equipment trading and services
- Maritime law and consultancy
Facilities Offered at Dubai Maritime City:
- State-of-the-art workshops and warehouses
- Showrooms and offices for every business need
- Dedicated dry and wet berths
- Advanced cargo handling facilities
- Value-added services like PRO and legal support
Types of Licenses Offered at DMC freezone
DMC offers a range of licenses designed to cater to the diverse needs of maritime businesses. Here are some of the key licenses available at DMC:
1. Trading License
The trade license is Ideal for businesses involved in the import, export, and trading of maritime goods and equipment. It enables you to establish a trading hub for maritime-related products.
2. Industrial License
3. Branch Office License
It enables international companies to establish a branch presence in DMC. The license facilitates expansion into the Middle East and North Africa (MENA) region.
4. Service License
The license required for providing maritime-related services, such as ship management, crewing, insurance, offshore services, logistics, and training.
5. Maritime Commercial License
A versatile license that covers a broad range of general maritime activities within DMC. This license is suitable for businesses whose activities don’t require specific permits or fall under other categories. It allows you to engage in various maritime trade and service activities within the freezone.
Besides, there are additional license you may require including – Marine craft crew license, Maritime operation services license, and Maritime education & research license.
To determine the most suitable license for your specific business needs, it’s highly recommended to consult with Shuraa’s experienced business setup consultants.
Process of Setting Up a Company in DMC Free Zone
Company formation in Dubai Maritime City Freezone (DMC) can be a smooth and streamlined process with the right guidance. Here’s a breakdown of the key steps you can expect:
1. Initial Consultation
Discuss your business concept and desired license type with Shuraa’s consultants. Receive tailor-made advice on the most suitable setup options and associated costs.
2. License Application
Submit your application for the chosen license with the DMC authority. Shuraa handles the official documentation and approvals process.
3. Company Formation in Dubai Maritime City Freezone
Once approvals are issued, complete the formal company registration process. Shuraa manages all filings and ensures legal adherence.
4. Bank Account Opening
Open a corporate bank account within DMC with Shuraa’s assistance. This facilitates smooth financial transactions for your business.
5. Visa Processing
Secure appropriate visas for employees and shareholders, if needed. Shuraa assists with immigration formalities and obtaining work permits.
6. Ongoing Support
Shuraa also offers ongoing support for operational needs, compliance matters, and license renewals.
Type of Business Entity in Dubai Maritime City Free Zone
In addition to the types of licenses offered in Dubai Maritime City Freezone (DMC), choosing the right business entity or structure is crucial for your success.
Here’s a breakdown of the available options:
1. Free Zone Establishment (FZE)
2. Free Zone Limited Liability Company (FZ LLC)
Ideal for businesses with more than 50 shareholders. The business structure allows for different profit-sharing arrangements and voting rights among shareholders. However, it may require additional documentation and legal procedures compared to an FZE.
3. Branch Office
Enables an established company to operate in DMC under its existing legal entity. The branch office operates under the parent company’s regulations and control
What is the Cost of Obtaining License in Dubai Maritime City Free Zone?
The average cost of business setup in Dubai Maritime City Free Zone starts from AED 14,999* per year. However, determining the exact cost of obtaining a license in Dubai Maritime City Free zone (DMC) depends on several factors, making it difficult to provide a single, definitive answer.
Here are some of the factors that may influence the business setup cost in DMC:
- License type
- Visa requirements
- Additional approval and permits
- Office space
- Company structure
DMC Dubai license renewal
The renewal process of businesses in DMCA is a highly cost-effective and simple process. However, you will be required to submit an audit report starting from the second renewal of your company on an annual basis.
In order to complete the process of renewal for your company, you will need to pay the renewal fee and submit the signed lease agreement for your facility. Additionally, an advantage is that your physical presence in the UAE isn’t required for renewal and can be completed through an agent.
Get Started with Shuraa!
Ready to embark on your business journey in Dubai Maritime City Freezone? Trust Shuraa Business Setup to guide you every step of the way.
Frequently Asked Questions
DMC offers a range of licenses, including trading, industrial, service, branch office, and freelance permits. Choosing the right one depends on your specific business activity. Shuraa's consultants can help you navigate the options.
Yes, you will need a work visa sponsored by your company. Shuraa can assist with the visa application process.
No, 100% foreign ownership is allowed in DMC, eliminating the need for a local sponsor.
Facilities include modern and customizable office spaces, warehousing facilities for secure storage, and fully equipped business centers for meetings and conferences.
Dubai's strategic location and ambitious expansion plans make it a prime hub for maritime activities. With DMC at its core, the future looks bright for maritime businesses looking to capitalize on this thriving market.
