Dubai, UAE – The Dubai Multi Commodities Centre announced the launch of an accelerator initiative designed to reduce operating costs. Improving cash flows and supporting sustainable growth within its business system, which currently includes more than 26,000 companies.
This initiative comes at a time when companies are facing constant changes in global market conditions. The Dubai Multi Commodities Centre has introduced a package of financial incentives, fee waivers, and regulatory flexibility. With the aim of enhancing flexibility while maintaining competitiveness in the long term.
For existing companies, the package is based on incentives to renew licenses of up to 25% upon commitment for several years. 15% for two years, 20% for three years, and 25% for five years.
The center provides additional incentives for existing members wishing to expand, through a 20% discount on additional licenses.
Additional measures include exemption from fines of up to AED 5,000 for late license renewal and AED 1,000 for late renewal of business center lease contracts. In addition to the temporary easing of some administrative requirements.
The center provides additional flexibility through operational modifications. Existing non-FlexiDisc members can access this service without incurring insurance or address change fees.
