It is a fact established beyond doubt at this point that crypto technology is the future of global trade. As almost all services are getting digitalized, there has happened a shift in proprietary trading whereby the potentials of crypto commodities are brought to the forefront. The complicated and exhausting processes are being replaced by efficient and cost-effective technology, creating new options and opportunities. Being one of the leading commercial hubs of the world, Dubai has realized this potential already and is in the process of promoting crypto businesses from all over the world. The Dubai Multi Commodities Centre (DMCC) with its vision to transform the future of commodities trade, has launched the DMCC Crypto Centre in order to support and promote crypto commodities in UAE. The DMCC Crypto Centre boasts a progressive ecosystem with sufficient talent, capital, and resources enough to provide support for crypto businesses from around the world.
The DMCC Crypto Centre, located at the heart of Dubai offers spaces for crypto entrepreneurs, SMEs, and start-ups to formulate their visions. The DMCC Crypto Centre offers diverse services in the field of crypto and blockchain technology from assisting in the investment and incubation of start-up businesses to advisory services for corporate giants from all over the world. Dubai government has transformed the DMCC Crypto Centre into a healthy and vibrant hub for crypto businesses, with their recent initiatives like Dubai Blockchain Strategy and aims to construct a comprehensive ecosystem for all crypto-related activities.
Read more on: Crypto and Blockchain in UAE
The DMCC Crypto Centre with its foothold in a global free zone helps set up one’s business venture easily not only due to it being in the pivot of Dubai commercial hub but also because of its zero-rated import/ export taxes, zero restrictions on the transfer of capital income, and zero currency restriction. Moreover, the non-restrictions on the 100% foreign ownership of a company and other favorable tax regimes make the DMCC Crypto Cantre the best place to establish one’s dream venture in crypto trading. With its vision of invention and innovation, Dubai is transforming itself to be the commercial hub of the world, full of opportunities and possibilities.
Starting a Crypto Business in Dubai requires professional assistance and Flying Colour Business Setup has been helping clients set up their business in a hassle-free manner for the past 17 years. Please feel free to mail your queries at info@flyingcolour.com or contact us at +971 4 4542366.
