Dubai Maritime City Authority

Founded in 2007, Dubai Maritime City Authority offers the world-class provision for the maritime community. The objective of the DMCA launch was to direct the Dubai Maritime City Free Zone. The Arabian Gulf encloses it and thus giving quick access to the airport, sea, and public transportation for the business owners and investors. Constructed on well-established maritime traditions, Dubai Maritime City reveals high levels of superiority in terms of government policies, supervision, incomparable incentives, corporate structuring, and advanced infrastructure.

DMCA comprises six districts namely; Academic Quarter, Industrial Precinct, Marina District, Harbor Offices, Harbor Residence, and Maritime Centre. Each district concentrates on certain sections of maritime processes. Together, all the six districts encompass a focused situation and business-friendly marine transportation where businesses flourish. The rules and regulations of DMCA are focused on the personal as well as economic safety maritime industry. It accumulates with local plus international laws that concern marine transportation. The existing businesses in DMCA invite more clients from the globe as it profits from the rising inflow of tourism in the Middle East.

Advantages of doing business in Dubai Maritime City Authority

• Full foreign investment
• 0% corporate tax rate
• 100% return of profits and capital
• No duties on import/ export of materials             
• Efficient communication procedure
• Modern and well-organized infrastructure
• 0% tax on capital gain or personal income
• Well-maintained and standard quality energy infrastructure
• Admirable logistics matrices
• Facilitates several maritime investors and businesses with robust initiatives and rules
• 24 hours of flexibility to work
• Energetic networking atmosphere
• Ample financial incentives
• Preserve the greatest levels of safety standards along with environmental practices
• No issues related to recruitment
• Fully furnished and eye-catching working environment
• No restriction on currency conversion
• Offers environment-friendly for starting up a business
• Assures the safety of the business structures
• Offers an entire infrastructure including warehouses, ship lifts, shops, workshops, and offices

Types of business formation allowed in Dubai Maritime City Authority

• Free Zone Establishment (FZE): In FZE, only 1 investor is permitted.
• Free Zone Company (FZC): More than one shareholder is allowed.
• Branch of a Foreign/ UAE Company: It is not a separate company where the business is supported out in the name of the legal parent company.

Types of business license available in Dubai Maritime City Authority

• Maritime Commercial License: The license is issued to individuals or companies carrying out maritime activities.
• Maritime Education and Research License: It is for the companies involved in the field of maritime affairs education and research.
• Marine Crafts License: It is for local and foreign companies to form or use watercraft.
• Maritime Operation Services License: It allows individuals to be involved in functional waste management.
• Commercial License: It is for the individuals or companies who carry out wide-ranging maritime activities.

 Be it acquiring a particular license or choosing a business entity, nasiha  can provide the best support for company formation in Dubai Maritime City Authority zone. Our in-house team of experts undertake all the responsibilities while you focus on the business operations, that requires your priority attention. Leave all the tasks of smartdesk setup and visa processing, we will take care of it. Get in touch with our executives who are always ready to help you in any concern related to business set up in Dubai free zone.