In September, Dubai Multi Commodity Centre (DMCC) has become the largest UAE Free Zone. The popular and fastest growing UAE free zone (about 200 new companies each month) reported 7,500 active company registrations last week.

DMCC’s popularity is expressed also by the 94% retention rate. The loyalty of its customers makes the free zone authority reveal daring plans for the future:

The commercial space area of DMCC, Jumeirah Lakes Towers, will be increased by a 100,000+ square meter business park. Its new dominant will be the world’s tallest commercial tower.
The DMCC authority remains focused: the new target is 10,000 companies by 2015.

The new Silk Route
Since its establishing in 2002, DMCC continues its attempts to position Dubai as the global hub for commodities trade and enterprise. The free zone currently focuses on serving markets along the new Silk Route and facilitating the African producers deliver to Asian, European and American markets.
One third of DMCC registered companies are from South Asia, one third from the Middle East (including the UAE), and one third from Western Europe and North America. Amongst the famous companies represented in DMCC are e.g. De Beers, Phillips, Harley Davidson and Nutricia.
Living and working in JLT
With 65 mixed-use commercial and residential towers and over 220 retail outlets, there are currently more than 75,000 people working and living within Jumeirah Lakes Towers. This area quickly became one of the most popular places in the ‘new’ Dubai.
The heavily discussed green color in the Lakes lead to an idea for yet another project: one of the Lakes will be transformed into a 55,000 square meter community park by the end of this year.
In other words: when doing business in Dubai, the largest UAE Free Zone DMCC/JLT is the place to be.
 
Freemont Group has its own office in Jumeirah Lakes Towers. Please call or email us for more information on DMCC free zone companies.
Follow one of the following links if you want to know more about setting up an RAK Offshore Company or a Dubai Free Zone company.
 
And did you know you can use a RAK Offshore company as holding company to set up DMCC and other free zone companies? It can save you a lot of legalisation costs.