As of 2024, DMCC Free Zone stands as the largest free-trade zone within the UAE, boasting a staggering membership exceeding 24,000 registered entities. This remarkable achievement has solidified DMCC’s position as a global leader in free zone operations, earning the prestigious title of the number one global free zone for an unprecedented eighth consecutive year, as recognized by the esteemed Financial Times FDi magazine.
At the heart of DMCC’s operations lies its unwavering support for commodity trading, facilitated through a myriad of specialized organizations. These include the renowned Dubai Diamond Exchange (DDE), the Dubai Pearl Exchanges (DPE), DMCC Tradeflow, and initiatives such as the Dubai Good Delivery Standard (DGD) for Gold, the DMCC Tea Centre, and the DMCC Coffee Centre. Such diverse offerings have positioned DMCC as a pivotal hub for commodity trading, catering to a broad spectrum of industries.
In a groundbreaking move towards innovation, DMCC has ventured into the realm of cryptocurrency, marking a significant milestone in the region’s financial landscape. In May 2021, DMCC issued the first cryptocurrency trading license, allowing for over-the-counter transactions with cryptocurrencies. This pioneering initiative aims to foster the development of the crypto industry within the United Arab Emirates, signaling a progressive shift in the country’s regulatory framework. Prior to this development, trading operations involving cryptocurrency were prohibited within the UAE, making this move a transformative step towards embracing emerging financial technologies.
- Business-friendly tax environment
- 0% personal income tax benefit
- Prime location in the heart of new Dubai, providing direct access to state-of-the-art transportation, technology, and business infrastructure
- Customized office solutions tailored to your business requirements
- Complete ownership of your business venture
- Access to a dedicated member portal for streamlined operations
- Integration into a dynamic and vibrant community
- Opportunity to connect with over 24,000 companies to expand your network
Judy Cartland
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