What documents does an Egyptian national need to start a watches trading business in the UAE?

You will need a valid Egypt passport (minimum 6 months validity), passport-sized photos, proof of address in Egypt, attested documents via Egyptian Ministry of Foreign Affairs, and a business plan for your watches trading venture.

How long does it take for an Egyptian citizen to set up a watches trading company in DMCC?

The complete process — from initial application to trade licence issuance — typically takes 3–6 business days. Adding visa processing and bank account opening, the total timeline is approximately 13–23 business days.

Is Dubai Multi Commodities Centre good for watches trading start-ups?

DMCC is well-suited for both start-ups and established businesses, offering 100% foreign ownership and zero corporate and income tax. Flexible office solutions starting from AED 6,300 per year help keep initial overheads manageable.

Can a foreigner own 100% of a Watches Trading company in Dubai Multi Commodities Centre?

Yes, DMCC allows 100% foreign ownership with no requirement for a local partner or sponsor. This is one of the key advantages of establishing your business in this jurisdiction.

What documents do I need to set up a Watches Trading business in DMCC?

The standard documents required include: passport copies of all shareholders, passport-sized photographs, a completed application form, a business plan or activity description, and proof of address. IBA handles all document preparation and submission on your behalf.

What are the annual renewal costs for a Watches Trading business in Dubai Multi Commodities Centre?

The annual licence renewal for a Watches Trading DMCC company costs approximately AED 15,300, which covers the trade licence fee. Additional annual costs may include office space rental, visa renewal, and establishment card fees. IBA provides renewal services to ensure uninterrupted business operations.

How long does it take to get a Watches Trading licence in DMCC?

The typical processing time for a watches trading licence at DMCC is 3 business days, subject to document completeness and any regulatory approvals. Since this is a non-regulated activity, the process is straightforward and typically completed within the standard timeframe.

Watches Trading in Dubai Multi Commodities Centre for Egyptian nationals

Free ZoneCommercial

Watches Trading in DMCC

Starting From

AED 15,300

Setup Time

3 Business Days

Visa Quota

3 Visas

Location

Dubai

About Watches Trading

Setting up a Watches Trading business in Dubai Multi Commodities Centre as an Egyptian citizen is a straightforward process when you understand the specific requirements that apply to Egypt-based entrepreneurs. IBA International has helped hundreds of Egyptian business owners navigate the licensing, visa, and banking procedures unique to their nationality.

The licensing process at DMCC has been streamlined significantly, with most commercial licences processed within 3 business days. As a free zone entity, you will enjoy 100% foreign ownership with no requirement for a local sponsor. The base licence fee is approximately AED 15,300, making it competitively priced for the services included.

At IBA International, we simplify the process of establishing your watches trading business in Dubai Multi Commodities Centre. From selecting the right licence type to securing your visa and opening a corporate bank account, our experienced team ensures every detail is handled professionally and efficiently.

Why DMCC for Watches Trading?

Dubai Multi Commodities Centre is widely regarded as one of the UAE's premier destinations for commercial businesses, and for good reason.

The jurisdiction offers 100% foreign ownership, which is particularly valuable for watches trading operations. Additionally, zero corporate and income tax ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 6,300 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 3 residency visas, with options to increase this number as your team grows. Strategic JLT location further enhances the appeal of DMCC for watches trading professionals. Furthermore, world's leading free zone positions your watches trading business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, DMCC remains an excellent choice for both start-ups and established commercial enterprises looking to expand into the Middle East and North Africa region.

For Egyptian nationals specifically, the Dubai government has fostered a business-friendly environment with streamlined processes that cater to the large Egyptian business community.

100% foreign ownership

Zero corporate and income tax

Strategic JLT location

World's leading free zone

Access to commodities market

Visa Requirements for Egyptian Nationals

Egyptian nationals require a pre-arranged UAE visa. Employment or investor visa is processed through the company after incorporation. Once your watches trading licence is issued by DMCC, IBA will process your residence visa application, Emirates ID, and medical fitness tests. The entire process typically takes 8–15 business days from licence approval to visa stamping.

Banking for Egyptian Business Owners

Egyptian entrepreneurs can open corporate accounts with standard documentation. Long-standing UAE-Egypt relations facilitate banking processes. For your watches trading business in DMCC, IBA recommends opening a corporate account with a bank that has experience serving Egyptian business owners. We will prepare your banking file including the trade licence, shareholder documents, business plan, and any Egypt-specific attestations required.

Document Attestation for Egyptian Nationals

Egyptian nationals setting up a business in the UAE will need to attest certain documents through Egyptian Ministry of Foreign Affairs. This typically includes your passport copy, educational certificates (if applicable for watches trading), and any existing business documents. The attestation must then be verified by the UAE Embassy in Abu Dhabi before submission to DMCC.

Requirements & Documents

1Valid Egypt passport (minimum 6 months validity)

2Documents attested by Egyptian Ministry of Foreign Affairs

3UAE Embassy attestation from Abu Dhabi

4No Objection Certificate (NOC) if applicable

5Completed application form for trade licence

6Proposed company name (2-3 alternatives)

7Proof of residential address (utility bill or bank statement)

8Passport-sized photographs with white background

Cost Breakdown

Item	Cost (AED)
License Fee	15,300
Visa Package (per visa)	5,200
Flexi Desk	6,300
Shared Office	12,000
Private Office	30,000
Estimated Total (Year 1)	From AED 26,800

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

Consultation

Free consultation with IBA to discuss your watches trading business plan and the best DMCC licence options for Egyptian nationals.

Document Preparation

Prepare and attest all required documents from Egypt through Egyptian Ministry of Foreign Affairs and the UAE Embassy.

Licence Application

Submit the watches trading licence application to DMCC. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official DMCC trade licence within 3–6 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. Egyptian nationals require a pre-arranged UAE visa.

Bank Account

Open a corporate bank account. Egyptian entrepreneurs can open corporate accounts with standard documentation.

Start Operations

Your watches trading business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. DMCC allows 100% foreign ownership for all nationalities, including Egyptian nationals. No local sponsor or partner is required.

Watches Trading in Other Jurisdictions

DIC

From AED 15,000

RAKEZ

From AED 7,500

DIFC

From AED 12,000

SHAMS

From AED 6,150

JAFZA

From AED 16,000

DMCC

From AED 15,300

IFZA

From AED 11,750

DSO

From AED 12,000