A strategic initiative of the Dubai government, The Dubai Multi Commodities Centre (DMCC) was created to establish a commodity market place in Dubai, and provide industry-specific market infrastructure and a full range of facilities for the gold & precious metals, diamonds & colored stones, energy and other commodities industries. Rated ‘A’ by Standard & Poor’s, the world’s foremost provider of independent credit ratings DMCC is a free zone authority offering 100% business ownership, a guaranteed 50 year tax holiday and freehold property options The objectives of this progressive Centre include: - Creation of a dedicated market place in Dubai - Increase the value and volume of commodities traded in and through the region - Facilitation and integration of the entire value chain of its key segments - Broaden the local market horizon e.g. Refining – Manufacturing – Trade - Create industry specific market infrastructure for its core segments, innovate new products and services - Provide a supportive business environment through purpose-built infrastructure - Promote regional industry growth - Enhance local industry through implementation of international standards DMCC is a free zone authority offering market participants of the commodities industry and support services invaluable business incentives, including: - 100% business ownership - A guaranteed 50-year tax holiday on personal and income taxes - Purpose-built infrastructure available on a freehold or leasehold option - A one stop shop facility for processing of all documentation including immigration, registration and licensing