Dubai Gold And Commodities Exchange Joins DMCC Free Zone
by Lorys Charalambous, Lowtax.net, Cyprus
22 August, 2014
Dubai Gold and Commodities Exchange (DGCX), the first derivatives exchange in the Middle East and North Africa (MENA) region, has announced that it has moved to a new permanent office in the Dubai Multi Commodities Centre (DMCC) Free Zone.
The DMCC Free Zone, based at Jumeirah Lakes Towers in Dubai, offers a well regulated environment that includes 0 percent personal and corporate tax rate, as well as 100 percent capital repatriation with no currency restrictions.
DGCX's new offices are located on the 37th floor of Gold Tower (AU) in Jumeirah Lakes Towers. All other contact details for DGCX remain the same.
DMCC is a majority share holder with a 67 percent stake in DGCX and is the licensing authority for the DMCC Free Zone.
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