DMCC Licenced Companies Can Now Operate From Their JLT Office with Dual Licence Office Permit

DMCC member companies with a DED branch/ subsidiary / a company with common shareholder can now operate from their JLT office after obtaining a dual licence office permit. This helps in saving the cost of leasing another office for the DED licence.

Key Points to Consider When Applying For A Dual Licence Office Permit

• Companies occupying office space in DMCC planning to share the unit with another DED company must strictly obtain a dual licence office permit.

• After obtaining the licence, they should always abide by the relevant requirements of dual licence office permit.

• The validity of this licence permit is one year and can be cancelled anytime by the applied DMCC Company. It can be also terminated by the DMCCA.

• Only DMCC licenced companies can apply for dual licence office permit.

• Property type should be office according to the title deed of the Unit. Sharing of any other property types such as shops, flats, land are not permitted.

• Units within business centers such as co-working spaces, incubation centers, and accelerators are not entitled for dual licence office permit.

• Retail and industrial activities are not eligible for dual licence office permit.

• Every company must be allocated a specific area within the unit with a minimum area size of DMCC Company being 300 sq.ft.

• The standard Visa quota policy shall be applied wherein the quota for DMCC Company shall be calculated based on the actual area allocated to the company. For DED Company, the visa quota and process will be based on the DED rules and requirements.

• Certain licence activities may not be eligible for dual licence office permit and this shall be at the sole discretion of DMCC.

• A company cannot apply for a new dual licence office permit if there is an existing sanction on their account.

• Late renewal of dual licence office permit may attract penalties from DMCC.

• Dual licence office permit cannot be amended after it is issued.

• Once the application of dual licence office permit is issued, permit fee is non-refundable.

• When it comes to visas, DED companies follow the mainland regulations as per DED requirements. However, DMCC companies must apply for access approval for all non DMCC employees sponsored under the DED licence and wish to work from the same premises.

• DED companies should submit a report from Ministry of Human Resources and Emiratization compiling the names of all sponsored employees.

• This service will be provided to all DED companies only through the DED service center located in High Level Business Center (DED Café).