DMCC has announced a new acceleration initiative designed to support more than 26,000 companies operating within its business ecosystem by reducing operating costs and encouraging business growth.
The package introduces a range of financial incentives, fee reductions, penalty waivers, and operational flexibilities aimed at helping businesses navigate changing market conditions while strengthening Dubai’s position as a global business hub.
Under the initiative, existing DMCC member companies can benefit from discounted licence renewal fees. Businesses renewing their licences for two years will receive a 15% discount, increasing to 20% for three-year renewals and 25% for five-year renewals.
DMCC is also encouraging expansion by offering a 20% discount on additional licences for existing member companies. Furthermore, penalties for late licence renewals and Business Centre lease renewals may be waived, providing additional financial relief for businesses.
To support new business formation, DMCC has introduced discounts for new company registrations, including a 10% discount on one-year licence packages and a 20% discount on selected multi-year business set-up packages.
Additional incentives are available for companies establishing operations within DMCC Premium Offices at Jewellery & Gemplex, offering further savings on office and licence packages.
According to DMCC, the initiative forms part of its ongoing strategy to attract new businesses, support company expansion, and reinforce Dubai’s reputation as one of the world's leading destinations for trade, investment, and entrepreneurship.
Source: Gulf Business