Tan Yifan

cicitan2011@gmail.com

DUBAI Multi Commodities Center (DMCC), the largest free zone in the United Arab Emirates, set up a representative office in Shenzhen on Monday, targeting investors in the city and the rest of China.

The office aims to offer a simpler way to set up a company in Dubai without the required travel. It claims to provide advisory and consulting services in a common language and provide services such as witnessing signatures and verifying documents.

The announcement was made during an event in China, under the theme “Expand your business in Dubai and beyond.”

Ahmad Hamza, executive director of DMCC, said the opening of a representative office in Shenzhen will enable DMCC to identify business opportunities, connect with potential partners and attract businesses to Dubai through a faster and more efficient process.

“DMCC is eager to support Chinese businesses in establishing a foothold in the Middle East and beyond. The opening of this representative office will allow us to work closer with the Chinese business community and unlock a host of opportunities,” he said.

A Chinese website was also built by the office to reach out to Chinese companies.

China remains Dubai’s largest trading partner with 66.4 billion AED (US$18.08 billion) worth of trade in the first half of 2020.

For its part, DMCC is already home to 544 Chinese companies, equating to nearly 10 percent of all Chinese businesses registered in the country.

DMCC was established in 2002 by the Government of Dubai to build a hub for global commodities.