DMCC Company Setup Letter
Used by individuals or companies applying for a new company formation in DMCC (Dubai Multi Commodities Centre) free zone in Jumeirah Lakes Towers (JLT). Submitted along with application form and KYC documents.
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What is DMCC Company Setup Letter?
Generate a DMCC company formation application letter. Apply for new company setup in Dubai Multi Commodities Centre free zone with activity list and shareholder details.
When do you need it?
Used by individuals or companies applying for a new company formation in DMCC (Dubai Multi Commodities Centre) free zone in Jumeirah Lakes Towers (JLT). Submitted along with application form and KYC documents.
What should this document include?
- • Proposed Company Name
- • Legal Structure
- • Office Type Requested
- • Shareholder 1 Name
- • Shareholder 1 Nationality
- • Shareholder 1 Passport No.
- • Shareholder 1 Share (%)
- • Shareholder 2 Name (Optional)
- • Shareholder 2 Nationality
- • Shareholder 2 Passport No.
- • Shareholder 2 Share (%)
- • Business Activities
- • Office Type Requested
- • Visa Quota Required
- • Proposed Manager Name
- • Manager Nationality
- • Manager Passport No.
- • Manager Emirates ID
- • Manager Phone
- • Manager Email
- • Paid-up Capital (AED)
- • Application Date
How to prepare and submit this document
- 1 Choose your company type and license. DMCC offers FZE (single shareholder), FZ-LLC (multiple shareholders), and branch options. License types: Trading, Service, or Industrial. Trading licenses are most common but require a physical office or flexi-desk.
- 2 Select your business activities. DMCC has over 600 approved activities. Choose carefully — some activities (crypto, commodities trading, financial services) require additional regulatory approvals from VARA, DMCC Crypto Centre, or DGCX.
- 3 Prepare KYC documents for all shareholders. Passport copies, proof of address (utility bill or bank statement), CV/resume, and bank reference letter for each shareholder. Corporate shareholders need trade license, MOA, and board resolution from the parent company.
- 4 Submit application and secure office space. Apply through the DMCC portal. Once approved, secure your office: flexi-desk (from AED 15,000/year), serviced office, or physical office in JLT. The office lease is required before license issuance.
Common mistakes that get this document rejected
- ✕ Choosing regulated activities (crypto, financial services) without checking additional approval requirements — this delays the application by 4–8 weeks
- ✕ Applying with incomplete KYC — DMCC compliance is strict; missing bank reference letters or unclear source of funds are common rejection reasons
- ✕ Not budgeting for the office lease — DMCC requires a physical office or flexi-desk; virtual offices are not accepted for most license types
- ✕ Assuming DMCC is the cheapest option — DMCC is premium (setup from AED 20,000+); if budget is tight, compare with Meydan, IFZA, or RAKEZ first
Frequently asked questions
How much does DMCC company setup cost?
Basic setup (license + flexi-desk): AED 20,000–25,000. With physical office: AED 35,000–50,000+. Additional costs: visa (AED 3,000–5,000 per person), establishment card, and annual renewal fees.
How long does DMCC company formation take?
2–3 weeks for standard applications with complete documents. Regulated activities (crypto, financial services) take 4–8 weeks due to additional approvals. Office lease finalization can add 1–2 weeks.
Can a DMCC company do business in mainland Dubai?
A DMCC company can trade with mainland companies but cannot directly conduct business in the mainland without a local distributor or a dual-license arrangement. For direct mainland operations, consider a DED license or a mainland branch.