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FREE ZONE · DUBAI

Bank Account for a DMCC Free Zone Company

World's #1 free zone — the premium choice for commodity traders and global brands

2–3 weeks · 100% digitalSetup time100%OwnershipFlexi desk up to 3 · 1 per 9 sqmVisas
  • 2–3 weeks · 100% digitalSetup time
  • Trading · Service · IndustrialLicence type
  • Flexi desk · Serviced · PhysicalOffice / facility
  • Flexi desk up to 3 · 1 per 9 sqmVisa eligibility
  • NOC for regulated activitiesApprovals needed
  • From AED 42,801Renewal cost
About DMCC Free Zone

Why DMCC Free Zone

Put simply, setting up a company in DMCC Free Zone gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. As we tell every client, if you are weighing up where to register in the UAE, DMCC Free Zone deserves a close look for its world's #1 free zone (Fitch) and routine renewal process. DMCC Free Zone combines world's #1 free zone (Fitch) with the flexibility to add activities and visas later, and that is why it suits both first-time business owners and established groups.

DMCC (Dubai Multi Commodities Centre) is the world's most interconnected free zone and Dubai's leading hub for trade and commodities, headquartered in Almas Tower, Jumeirah Lakes Towers (JLT). Over 20,000 member companies work across 87 towers in a freehold community where offices can be rented or bought from private landlords. Company setup is 100% digital — pre-approval, registration and licensing are completed online in around 2–3 weeks without visiting Dubai. Facilities start with a flexi desk (up to 3 visas), serviced offices (4–5 visas) and physical offices (1 visa per 9 sqm). GoldenKey manages the whole DMCC process for you: application, name reservation, activities, e-signing, office selection and visas.

Over 22,000 member companies from 170+ countries. As a rule, office options in DMCC Free Zone range from flexi-desk, office suite, showroom or warehouse, so you only pay for the space your visa quota actually needs. In our experience, unlike some zones, DMCC Free Zone does not require a large paid-up capital to be blocked in a bank account before the licence is issued.

Packages & cost

Pricing — choose the right package for your business

Use the table below to compare packages for opening a bank account for a company in DMCC Free Zone; we will confirm the exact total for your case in a written quotation. Pricing for opening a bank account for a company in DMCC Free Zone depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Basic Biz – 1 Year (special Flexi Desk, 1 Visa Quota, Max 3 Activities From One Group, No Visa Included)

1 residence visa · 1-year licence

AED 39,032
  • Trade licence & registration
  • Establishment card included
  • 1 visa eligibility
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Jumpstart – 1 Year (flexi Desk 3 Visa Quota, One 2-year Visa Included)

3 residence visas · 1-year licence

AED 48,158
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Jumpstart+ – 1 Year (co-working Desk 3 Visa Quota, One 2-year Visa Included)

3 residence visas · 1-year licence

AED 54,935
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Standard Setup – 1 Year (registration + Aoa + Licence + Establishment Card + Flexi Desk Up To 3 Visas)

3 residence visas · 1-year licence

AED 57,905
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Prime Plus – 3 Years (priority Setup, No Desk Or Visa Included)

Licence only · upgrade to visas anytime

AED 85,910
  • Trade licence & registration
  • Upgrade to visas anytime
  • Company name reservation
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Jumpstart – 2 Years (flexi Desk 3 Visa Quota, One 2-year Visa Included)

3 residence visas · 1-year licence

AED 90,069
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Jumpstart – 3 Years (flexi Desk 3 Visa Quota, One 2-year Visa Included)

3 residence visas · 1-year licence

AED 132,000
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started
Additional visaAED 3,270
Annual renewalAED 42,801

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-27.

Required documents

Documents required

To be clear, gather these papers and GoldenKey will take care of the rest of opening a bank account for a company in DMCC Free Zone.

Scanned colour copies are enough to start. We check every item before anything is submitted.

For individuals

  • Passport copy of every shareholder, director, manager and secretaryOriginal passport is verified on a video call
  • Proof of residential address in the country of residenceTenancy contract, utility bill or bank letter — not older than 6 months
  • Three proposed company names, share structure, share value and latest business experience of each shareholderEntered on the DMCC portal application
  • Electronic Signature Undertaking and HR Signatory Appointment LetterSystem-generated — signed and uploaded
  • Specimen signature form, Shareholders' Resolution, Articles of Association, Standard Terms & WarrantiesSystem-generated — e-signed via DocuSign at registration
  • Bank share-capital deposit letter or stamped bank statementUploaded within 6 months of the licence (post-licensing)
  • UAE residence visa page and Emirates ID (front and back)Only if already a UAE residentif applicable
  • Third-party No Objection Certificate for regulated activitiesDMCC issues an introductory letter to the authorityif applicable
  • Attested Power of AttorneyOnly when signing powers are delegatedif applicable
  • Property lease agreement or title deed (non flexi-desk offices)In the exact reserved company name, valid at least one yearif applicable

For companies

  • Parent company documents: licence / certificate of incorporation, Memorandum & Articles and board resolutionFor branches and subsidiaries
Our process

How DMCC Free Zone works with GoldenKey

  1. 1

    Consultation and activity selection

    We confirm that your activity is available in DMCC Free Zone, choose the licence type and agree the visa package and office option that match your plan. For opening a bank account for a company in DMCC Free Zone, GoldenKey completes this stage with you on WhatsApp or by email.

  2. 2

    Name reservation and initial approval

    GoldenKey reserves your trade name with the DMCC Free Zone authority and obtains initial approval, as a rule within one to two working days (Monday to Friday).

  3. 3

    Document submission and payment

    You sign the application and memorandum, we file the attested paperwork with DMCC Free Zone and the authority's licence fee is paid. This is also the point at which we answer any question specific to opening a bank account for a company in DMCC Free Zone.

  4. 4

    Licence issued and next steps

    DMCC Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction.

Frequently asked questions

Frequently asked questions

Straight answers about DMCC Free Zone. Anything else — ask GK AI or message us.

View all FAQs
How long does the DMCC Free Zone licence take?

Once your documents are complete, the authority as a rule issues the licence within 7 working days. Visas and bank account opening follow afterwards.

Do I need to visit the UAE to set up in DMCC Free Zone?

Most DMCC Free Zone licences can be issued remotely with scanned documents and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your UAE residence visa is processed.

Can I add more activities to my DMCC Free Zone licence later?

It can. DMCC Free Zone allows activity additions and changes through a licence amendment, which GoldenKey can process in a few business days for a small authority fee.

What is the difference between an FZE and an FZCO in DMCC Free Zone?

An FZE has one shareholder and an FZCO has two or more. Both offer limited liability and 100% foreign ownership, and the fees in DMCC Free Zone are in most cases the same.

Can I open a UAE bank account with a DMCC Free Zone company?

Yes, DMCC Free Zone companies open accounts with UAE banks every day. Approval depends on the bank's compliance review of your profile, business plan and documents, and GoldenKey prepares the file and introduces you to a suitable bank.

Get a free quote

Ready to start your business in DMCC Free Zone?

Ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for opening a bank account for a company in DMCC Free Zone.

By submitting this form, you agree to be contacted by our team regarding your enquiry. Prefer chat? WhatsApp us.

Good to know

More about DMCC Free Zone

Which banks accept DMCC Free Zone companies

Most UAE banks open accounts for DMCC Free Zone companies, but each has its own appetite for activities, nationalities and expected turnover. GoldenKey shortlists two or three banks that fit your profile rather than applying everywhere at once.

Timing the application

From day one, we submit the bank file for your DMCC Free Zone company after the residence visa and Emirates ID are granted, because a resident signatory is what most banks want to see. Digital banks can sometimes start earlier.

Why the UAE

For most clients, the dirham has been pegged to the US dollar since 1997, which removes currency risk for opening a bank account for a company in DMCC Free Zone and makes international pricing simple. Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of opening a bank account for a company in DMCC Free Zone predictable.

Why GoldenKey

We will tell you plainly if DMCC Free Zone is not the right choice for your plan and point you to a better option, even when that option costs less. From day one, because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which documents each of them will ask for on a DMCC Free Zone file. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening a bank account for a company in DMCC Free Zone happen the same day they are ready.

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