Establish A Family Office At DMCC To Protect And Manage Family Wealth

3 Min Read

DMCC (Dubai Multi Commodities Centre) offers tailored licensing options for families looking to secure their legacy and streamline wealth management. This streamlined setup process allows families to establish a secure, stable base in Dubai for managing single or multi-family assets with a focus on speed and confidentiality.

At a Glance

  • Opportunity Type: Family Office Licensing
  • For: Families and wealth managers seeking to manage single or multi-family assets
  • Key Benefits: 100% family ownership, no minimum workforce requirement, and corporate succession planning
  • Application Deadline: Ongoing
  • Location: Dubai, UAE (JLT and Uptown Dubai)

Family Office Overview

DMCC provides a premier business environment where families can set up their office as a Limited Liability Company (LLC) or a Company Limited by Guarantee (CLG). The program is designed to segregate family wealth management from business operations while consolidating financial reporting for enhanced efficiency. By establishing a confidential corporate setup, families can ensure long-term business continuity and structured intergenerational wealth transfer.

Key Benefits

  • Ownership & Control: Businesses are 100% family-owned with no minimum workforce requirements.
  • Efficient Licensing: E-licenses are issued within 10 working days through a seamless digital process.
  • Succession Planning: Specialized structures to facilitate corporate succession and protect family legacies.
  • Centralized Services: Access all essential services through a single point of contact for wealth and family matters.
  • Office Flexibility: A vast selection of office solutions, from co-working spaces to multi-storey offices across 87 towers.
  • Loyalty Rewards: Membership in the DMCC Business Rewards program allows for earning points on licensing and renewals.

How to Apply

Setting up a Family Office at DMCC follows three simple steps with a total processing time of approximately 10 working days:

  1. Apply Online: Submit a pre-approval application via the DMCC business setup wizard.
  2. Sign Documents: Complete the necessary payments and sign the required legal documents.
  3. Choose Office: Select the ideal office solution to receive your E-license.

Apply Now: DMCC Family Office Portal

About DMCC (Dubai Multi Commodities Centre)

DMCC is recognized as a leading global business hub and district, home to over 26,000 member companies representing 180 countries. Located in the heart of Dubai, it encompasses world-class residential and commercial districts including Jumeirah Lakes Towers (JLT) and Uptown Dubai. DMCC provides a dynamic ecosystem that supports over 1,000 business activities, combining a global trade hub with a premier lifestyle destination.

Learn More: DMCC

Share This Article