February 4, 2018

DMCC Services Updates - March 2018

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We are pleased to share with you our service updates that aim to improve and facilitate our range of services for our members.

Recently Enhanced and Automated Services

Launch of ‘Business Setup Consultants and Corporate Services Providers’ (CSP) Incentive Program: 

DMCC has introduced a new CSP Incentives Program, which is designed to reward all consultants who introduce their clients to DMCC and assist them in setting up a company with DMCC. It is a program to nurture the relationship between DMCC and the CSPs and compensate them for their efforts. The program follows ‘Direct Cash Based Model’, where the CSP earns cash amounts for each successful registration provided that a target of minimum 5 registrations is achieved within the calendar year. For more information, please click here.

 

Immigration System Updates: 

Please note that the General Directorate of Residency and Foreigners Affairs - Dubai (GDRFA) updated system now requires visa applicants to mandatorily fill in the following two fields:

  1. The husband’s name field for married female applicants
  2. The address outside the UAE.
     

Introducing License Amendment to Single Family Office (SFO): 

We are pleased to inform you that DMCC member companies who wish to change their activity to Single Family Office and satisfy all the SFO requirements, can apply for license amendment to obtain the SFO license. All they need to do is to follow one process which starts by submitting a number of pre-requisite documents for an initial approval. 

To learn more about the requirements and process, please view the SFO Amendment Guidelines available on the website under the Licensing Services tab at www.dmcc.ae/free-zone/support/how-guides/managing-company.

To read more about the above updates, please log on to your member portal and check the Portal Announcement section.  
 

Newly Uploaded Documents on DMCC Website 

We are pleased to inform you that we have uploaded a number of updated resolution templates for share transfer, company name change, change of officers and many more under the Company Amendment tab at www.dmcc.ae/free-zone/support/how-guides/managing-company.

 

Newly Added Activities

Please refer to the full DMCC List of Approved Activities here.

Topics: DMCC Service Updates

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