The DMCC is a wonderful area to start a business as it has a lot of perks including some of a free zone in UAE. It allows absolute ownership of business, simple and seamless transfer of capital and profits, 100% exemption from taxation and no duties on international trade of goods. As you can see, business setup DMCC is the right way to move forward for your company’s growth and global expansion. Some other unique perks of enrolling your company at DMCC are.
Increase in Goodwill
DMCC causes you to roam in the same circles as corporations like Pepsi and Duracell. So, it is more than possible that you will be attracting some brownie points towards your business venture by shifting to DMCC. This is a great way to think ahead of your competitors.
The prime advantage of DMCC is that it is globally connected, that is, it is connected to markets all over the globe. The DMCC supports 15000 companies from various sectors and all over the world. It’s a great way to connect and network with companies in the vicinity. It also helps in organically growing your business.
After around 2 decades of its establishment, DMCC has 200 hectares of land which includes 66 towers, 55000 square meters of community park which accommodates around 92,500 people. Additionally, it has great connectivity through various transport modes, such as the public bus, taxi and metro.
Ease of Business
The DMCC is the perfect choice because it welcomes companies from around 20 different sectors. It is a particularly appealing option if you want to expand trade activities into some other sectors or signing up a new LLC. While we are talking about ease and business, the airport and seaport are also close by, as is the city of Abu Dhabi.
It is said to be the perfect business set up for trade promotion of precious metals like gold, spices, coffee and tea. The sale of such goods has only seen a boost. An interesting fact is that the annual tea business at DMCC sums up to 53 million kg. DMCC also accounts for 75 billion in US dollars’ worth of precious metals in a year.
The 2002 launched DMCC gives you access to international trade and freedom from procedures that might hold you down outside the DMCC. it gives you identity and the confidence to plan the expansion of your startup. About 170 startups join DMCC every month.