Unified UAE Legislation Database

DMCC Legal Framework for Companies

Status

In force

Issuing Authority

DMCCA

Effective date

XX.XX.XXXX

Official Link

https://

The Dubai Multi Commodities Centre (“DMCC”) was launched in 2002 as a strategic initiative of the Government of Dubai to establish a commodities trading marketplace in Dubai. The DMCC was created by and given its full legal personality by Dubai Decision No. 4 of 1st May 2002, on Establishing Dubai Metals and Commodities Centre. The DMCC’s mandate was further expanded by Dubai Rule No. 1 of 2003 and Dubai Decision No. 2 of 2006 which re-named it the “Dubai Multi Commodities Centre”, as it is known today.

 

The Companies under DMCC Authority (DMCCA) fall under the below legal framework:

- DMCC Company Regulations (1/03)

- DMCC FZ Rules & Regulations, 3rd Edition

- U.A.E. Federal (Labour) Law no. 8 of 1980

- Memorandum and Articles of Association (individually signed by the Shareholders)

- Some activities must be carried out under the guidelines of different Federal Authorities.

 

The details of these activities and the name of ministries are provided at “List of Authorities (3rd Party NOC)” on www.dmcc.ae. 

 

If in doubt, do not hesitate to contact Member Services at DMCC
Call: 800 3622 
Mail: [email protected]
Location: Level 1 Almas Tower, Clien...