Dubai Multi Commodities Centre (DMCC) is one of the most popular free zones in the United Arab Emirates (UAE). It is known for its excellent business infrastructure, state-of-the-art facilities, and tax-free environment. A DMCC trade license is crucial for entrepreneurs who want to set up a business in the DMCC free zone. There are several types of DMCC trade licenses, and we will explore their differences in this article. Click this link to know DMCC license cost.
Trading license:
A trading license is the most common type of DMCC trade license and is suitable for companies buying and selling physical goods within the UAE or internationally. This license is ideal for businesses that require a physical presence in the DMCC free zone, such as those involved in commodities trading, jewelry, and precious metals.
Service license:
A service license is suitable for businesses that offer professional or non-physical services within the DMCC free zone or outside the UAE. This license is ideal for consultancy firms, advertising agencies, and IT companies.
Industrial license:
An industrial license suits companies involved in manufacturing or industrial activities within the DMCC free zone. This license is ideal for businesses engaged in manufacturing, assembling, packaging, and processing goods.
General trading license:
A general trading license suits companies buying and selling a wide range of goods within the UAE or internationally. This license is ideal for businesses involved in the import and export of goods and those that offer wholesale or retail services.
E-commerce license:
An e-commerce license is suitable for companies engaged in online trading or e-commerce activities within the DMCC free zone or outside the UAE. This license is ideal for businesses that require an online presence and operate via online platforms or marketplaces.
Difference between the DMCC trade license types:
The primary difference between the different types of DMCC trade licenses is the nature of the business activity that each license allows. A trading license suits businesses buying and selling physical goods, while a service license is ideal for companies offering professional or non-physical services. An industrial license is suitable for businesses engaged in manufacturing or industrial activities. In contrast, a general trading license is ideal for companies buying and selling a wide range of goods. Finally, an e-commerce license is ideal for businesses engaged in online trading or e-commerce activities.