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Dubai Commodities allows companies to establish representative offices without initial investments

Ahmed Hamzah: "The Center has succeeded in establishing a dynamic business environment that has been able to redraw the features of the concept of ease of business."

The Dubai Multi Commodities Center announced yesterday the presentation of a new offer, which allows companies from all over the world the opportunity to establish representative offices in one of the world's leading commercial centers within less than five working days, in addition to a free trial period for six months. This offer is valid until December 31, 2020.

The center stated in a statement that companies will be able, without obligating them to pay upfront fees, to discover prospects for opportunities and growth in the business environment provided by the Dubai Market without the need to inject any initial investments, and will also benefit immediately from the strategic geographical location of the emirate.

He added that the process of establishing representative offices is being carried out completely digitally, which will provide smart solutions that allow companies to benefit from a wide range of business services provided by DMCC through any electronic device from anywhere at any time.

The center indicated that companies will benefit from simplified incorporation requirements (such as not adhering to the requirement to open a bank account), in addition to providing the option to apply for a residence visa with family members, as well as access to business center facilities, and the opportunity to communicate with companies registered in the DMCC. Through digital communication platforms.

The Executive Director of the DMCC Free Zone, Ahmed Hamzah, said, “The center has succeeded in establishing a dynamic and thriving business environment that has been able to redraw the features of the concept of ease of doing business,” adding: “For this reason, 18,000 companies have chosen to establish their business in Our Free Zone ».

"The new offer confirms once again our commitment to empowering companies coming from all over the world, and paving the way for them to consolidate their presence in Dubai and the region, as well as enhancing their access to some of the fastest growing markets," he stressed.

Hamzah added, "There is no doubt that this will be positively reflected in enhancing the resilience of the local economy in Dubai, ensuring the consolidation of its distinguished position as a preferred destination for doing business."

It is noteworthy that, for more information on establishing international representative offices, you can visit the website: “https://landing.dmcc.ae/ dubai-rep-office”.

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