The Dubai Multi Commodities Center (DMCC), which is one of the world’s leading Free Zones, has broken its 7-year old for registering the most number of firms in its Free Zone in a single month.
DMCC welcomed 216 new companies on board in April, which also helped the free zones achieve the best results Q1, 2021.
Despite the global economic crisis due to the COVID-19 pandemic, the free zone progress has remained incredibly consistent. DMCC, in particular, has attracted a number of world-renowned companies thanks to their state-of-the-art facilities, value addition services, and customer services.
This growth is a positive reinforcement and will further boost the launch of new DMCC Cacao Centre and DMCC Crypto Centre; the launch of both these centres are highly anticipated as well.
It is worth mentioning that DMCC also introduced new price points for various businesses, which helped them attract more companies from different markets such as UK, China, France, India, amongst others. The reports also suggest that Israel was also showed great interest as well.
Speaking about this progress, Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “The global pandemic has resulted in business across the world reassessing where they are based to ensure they have access to the right levels of support, leading facilities and first-class services. Our community of over 18,000 businesses continues to grow at record rates because we are doing exactly that – supporting our member companies and increasing their ease of doing business. This record month truly demonstrates the resilience of Dubai’s economy and the commitment that DMCC has to its member companies.”
The previous all-time high of company registration stood at 205 for the month of September in 2020; this saw DMCC being awarded the Global Free Zone of the Year by Financial Times for 6th consecutive year.
The process for company registration in DMCC is extremely simple. If you are interested, you can find more about it on Rizmona and contact us for more information. Our experts are working day and night to help you and make your business our first priority.