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It offers 100% foreign Ownership. Visas are provided on the size and nature of the operations/business.
Activities Allowed
a) Gold and Precious Metals
DMCC plan to strengthen Dubai's position as the leading regional center for bullion business by offering improved facilities to enterprises establishing themselves under the Centre's auspices. These facilities are likely to include:- communal, secure vault facilities; premises for the establishment of gold refineries; factory space to increase the manufacture of gold jewellery; office space for wholesalers, traders and banks; essay facilities; the introduction of a Code of Conduct for the supervision of the bullion enterprises within the Centre to ensure that they abide by the highest international standards.
b) Diamond and Coloured Stones
DMCC aims to be a center of diamond cutting and polishing, as well as international trading center among manufacturers and brokers. Gem Laboratories offering appraisals and certification will ensure the consistent quality of diamonds and coloured stones through the very latest technology and process, while a training center will bring the finest educational institutions in gemology to Dubai. DMCC has been instrumental in the UAE becoming one of the first in the Middle East Countries to implement 'Kimberly Process'. This is a part of a commitment to align the trade with global standards and protect the legitimate diamond industry.
c) Other Commodities
Capitalizing on the absence of any International Commodity Centre in the time zone between Europe and the Far East, this modern complex will deliver a distinct advantage in what is a highly competitive global market. With the latest information technology driving it forward, a fully developed infrastructure in physical trading, communication and storage will be accessible to clients.
Company Formation
10-20 days for registration and licensing
Type of Licenses issued
Manufacturing license, Trading license, Service license
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