DMCC Free zone in Dubai has a myriad of license companies commencing their operations. Recently, the Free zone has seen the addition of 2485 companies in 2021 to increase the total of 20,000 member companies. Each year the growth of these companies has gradually been increasing and leading to a more flourished economy.
The free zone in 2020 has 2025 more licensed companies in the DMCC Free zone. The number of gains is majorly from some of the prominent crypto-linked initiatives in the Free zone. The new partnership with the CV Labs opened in the DMCC Crypto Center has led to maintaining an ecosystem for the crypto and blockchain sector.
The Crypto Center located in Dubai offers the base for all types of crypto businesses. The licenses companies who are working and focusing on developing blockchain-enabled trading platforms where firms can offer, issue, list, and trade related to crypto-assets with proper transparency.
DMCC Free Zone provides ample opportunities for entrepreneurs and investors to invest and grow exponentially as compared to any other country. Setting up a licensed company in DMCC Free zone with the help of FlyingColour Business Setup Services can retain you maximum returns in no time and with zero personal and corporate tax for 50 years, the business has enough capital to commence marketing and other activities at a higher rate than ever.
Recently, DMCC has signed a deal consisting of a land sale and purchase agreement with RIET Development allowing the construction of the largest precious metal refinery and storage facility across the GCC which will be completely processed and allowed by the Blockchain in the GCC. This process shows refinement and stores some of the precious metals such as Gold, Silver, Palladium, Platinum, and Rhodium.
The Crypto industry is thriving and leads to some of the best innovations across the world. We have seen some of the best developments in the crypto space which has delivered some immense results and led to the joining of more companies in DMCC Free zone and commencing their business operations in Dubai at a faster rate.
The new trade ecosystem is properly developed and enhanced over time in Dubai to deliver substantial results. The future with a new crypto center is bright and some of the major technological developments can take place in this space which can reach the moon and records will be broken in no time.
The benefits that Free zone offers and the addition of new crypto center businesses will be flourishing and contributing towards a better future. The foreign investor can take a hundred percent business ownership without any currency restriction in the vast space of crypto guarantees higher returns than before.
DMCC Free zone is located in the center which connects the business to the best of the resources to expand business at a higher rate. FlyingColour Business Setup Services helps you set up your business in the Free zone and helps you in retaining the best of resources and services available across the UAE.