Company Setup in Dubai Maritime City Authority (DMCA)

Today, Dubai is an attractive destination for companies engaged in shipping and logistics operations as well as marine services. Investors tend to set up businesses in Dubai because of its special business environment associated with the maritime industry.

Dubai Maritime City Authority (DMCA) is one of the maritime free zones located in Dubai. The purpose of this free zone is to offer investors a business environment that would be convenient for the maritime sector.

Most of the enterprises are considering the possibility of developing their activities in the UAE and, thus, are looking for possibilities provided by the maritime free zone.

## The Reasons to Choose DMCA

There are many reasons why companies opt for DMCA. Firstly, the free zone is situated close to ports and logistics centers. Thus, companies can conduct international business more easily.

One more reason why foreign entrepreneurs choose DMCA is the opportunity for them to own the enterprises without having any local sponsors.

In addition, this free zone operates only in maritime spheres. Thus, companies will not have to compete with businesses from other fields.

## Business Activities in DMCA

Companies are allowed to conduct the following business activities in the DMCA free zone:

* Shipping services

* Cargo handling

* Freight forwarding

* Marine engineering

* Ship repair and maintenance

* Offshore support services

* Yacht services

* Maritime consultancy

* Marine equipment trading

These activities can be conducted by small and large companies.

### Registration Procedure for a Business

The registration procedure is normally made up of the following:

* Selection of business activities

* Selection of company form

* Trade name reservation

* Submission of company documents

* Selection of office premises

* Acquiring all approvals and business license

In certain situations, more approvals may be needed depending on the kind of business activity chosen.

### Advantages of Conducting Business in Dubai

There are various advantages for which entrepreneurs may consider conducting business in Dubai. The first is that Dubai provides good infrastructure and logistics. The second is that there is a good business environment.

It should be remembered that the companies registered under DMCA will enjoy the benefits of the free zones including profit repatriation and internationalization.

## Conclusion

Overall, it can be said that DMCA is a good option for those who plan to enter the UAE maritime industry. The choice of this free zone is supported by its specialization, convenient location, and other favorable conditions.

However, before starting the process of company setup, entrepreneurs should know more about licensing requirements, choice of business activity, etc.