Skip to content

Home
About
Our Offices
Services
Free Zones
Contact
Book Meeting Room
Book A Viewing
Book A Viewing

Uncategorized

2500

Leave a Comment / Uncategorized / By businessadmin

[contact-form-7 id=”2500″ title=”d4vCB”]

Frequently Asked Questions

What is a Freezone Company?

Free Zone Companies are registered and listed with a Free Zone Authority (e.g DMCC). A DMCC Free Zone Company does not require you to have any Local UAE Citizen Partner and can be 100% owned by any foreign citizen and/or company.

DMCC Free Zone companies can be registered as an Individual, Branch, and/or Subsidiaries of Local UAE or Foreign Companies.

Can I choose any name for my DMCC Free Zone Company?

Yes, you can choose any name yourself. However, the registration will go through the DMCC Authority and Dubai Economic Department approvals.

How many number of employees can I hire in my Free Zone Company?

The number of employees you can hire depends on the Office Space you lease. If you require more visas than the allocated number, additional fees are applicable. At Mayfair Executive Office, you get 3 Visas and 1 PIC per office, regardless of the size.

Do I need to have a physical address to acquire a company in DMCC?

It is mandatory to acquire a facility upon issuance of the License. You can either rent or buy a Flexi Desk, Serviced Office, Physical Office, Retail Space and Warehouses or Open Land for Industrial Units.

Having an office facility is a mandatory. DMCC Free Zone companies are only allowed to have an Office Facility inside DMCC Free Zone in Jumeirah Lakes Towers (JLT).

What are the types of visas provided by DMCC?

DMCC provides three types of visas: employment visa, dependents residence visa, and business visit visa.

What is the minimum Share Capital requirement for a DMCC Free Zone Company?

The amount of the Share Capital varies depending on the chosen activity. A minimum required Share Capital for a Service/Commercial Trading License is AED 50,000; and AED 1 Million for General Trading. This amount must be deposited in the company’s bank account and once Share Certificate is issued by the bank, money can be withdrawn thereafter.

Can I open a UAE Bank Account with my DMCC Free Zone Company?

Yes, you can and there is a wide variety of good banks to choose from.

Will I be able to trade inside and outside UAE with my DMCC Freezone Company?

Yes, you are allowed to trade locally and internationally but subject to the Rules and Regulations of DMCC Free Zone.

Whats are the costs and documents involved in setting up a DMCC Company?

The documents and the company setup costs will depend on the activity chosen. To get a better idea about the costs involved, click here.

How long will it take to setup a DMCC Free Zone Company?

Company formation in DMCC has a minimum processing of 3-6 weeks. However, the speed of approvals will depend on the chosen activity, certification and attestation requirements.

Can Park Avenue Offices help me with all the official work with DMCC?

Yes, Park Avenue Offices has a team of professionals well versed with the DMCC rules and regulations and will help you with all documentations and procedures.

*Terms & Conditions apply.

Call Us Today For More Information

Our experts are ready to help you at any time.

Call +971 55 770 6913

Our Loations

Quantum Executive Business Centre
Mayfair Executive Business Centre
Park Avenue Offices DMCC

Our Services

Serviced Offices
Coworking Spaces
Meeting Rooms

Freezones in

Abu Dhabi
Ajman
Dubai
Fujairah
RAK
Sharjah
UAQ

Help & Support

Privacy Policy
Terms & Conditions
FAQ

Conact Us

Name *

Email *

Phone *

Company Name

Email

Facebook Instagram Linkedin Envelope

Fill Out You Data To Know More

[contact-form-7 id="2526" title="More Info Form"]

WhatsApp Us
Call Us