ARTICLE · 14 SEPTEMBER 2016

Dubai Multi Commodities Centre – An Attractive Option For A Free Zone Set Up

ANDERS LEGAL CONSULTANCY

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Once the decision is made to establish an entity in a free zone of the United Arab Emirates ("UAE"), the investor has to choose the most suitable free zone for the business endeavour.

United Arab EmiratesFinance and Banking

Christina Mauel

Once the decision is made to establish an entity in a free zone of the United Arab Emirates ("UAE"), the investor has to choose the most suitable free zone for the business endeavour.

Apart from the cost of the actual business set up, considerations regarding the location of the free zone, the licensability of the preferred business activities, the availability of office and storage space as well as the efficiency of the free zone authority play a vital role in the selection process.

One free zone which is frequently selected by investors from different industry sectors is the Dubai Multi Commodities Centre ("DMCC").

1. Location

DMCC is located along Sheikh Zayed Road in the district Jumeirah Lakes Towers ("JLT") which is in close vicinity to Dubai Marina and The Palm Jumeirah. Hence, these new areas of Dubai as well as Abu Dhabi are within easy reach.

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