DMCC Dubai facilitate
DMCC (Dubai Multi Commodity Centre) is a free zone, located in the heart of Dubai, in the district of Jumeirah Lakes Towers. Dedicated to trade, DMCC is home to a global community of businesses, with world-class services and leading infrastructure just minutes from excellent air, sea and road links to the rest of the world. Three times crowned ‘Global Free Zone of the Year’ by Financial Times | fDi magazine, DMCC is the place to build, grow and succeed.
A specialised free zone that provides all the benefits of a commercial environment, including 0% personal income tax and zero VAT. Additionally, it offers a choice of purpose-built business space from full floors to virtual desks. In addition, DMCC has the highest concentration of virtual asset companies in the region, and its members enjoy access to all the advantages that come with being part of the thriving e-commerce sector.
Trade finance and banking services are essential components for a trading Dubai DMCC company to deliver competitive terms to suppliers, customers and third parties. In the event of cash flow fluctuations, a bank overdraft is an effective tool for enterprises to manage the impact of short term liquidity requirements and provide them with a comfort level that they can still meet their payment obligations. JCA’s trade finance experts can help a trading company to understand the banking facilities available to them, assist in the preparation and submission of documents and negotiate competitive working capital solutions with the banks.
How does DMCC Dubai facilitate trade finance and banking services?
Dedicated to providing the best commercial finance solution, our team can assist you in setting up your business with an LC or RTA, as well as providing a range of ancillary products and services that support your trade and investment activities, including collateral management, insurance and repo financing. We can also assist with arranging a corporate bank account with one of the UAE’s top banks and arrange sponsorship for your key personnel, as well as providing assistance in the transfer of foreign currency assets.
With an expertise in a variety of commodities, our experienced team can advise you on the best trading platforms and online trading tools to suit your business needs. We can also introduce you to our network of brokers who can provide market insight, deal execution and risk management to help you maximise your trading opportunities.
With a focus on innovation and growth, we can support your business by helping you to connect with new customers and partners through our international networks and a range of trade events. We can also facilitate the entry of your products into the UAE market through our extensive list of industry partners and government bodies.