Business Setup in Dubai Gold and Diamond Park Free Zone
Dubai Gold and Diamond Park Free Zone
Dubai's Gold and Diamond Park free zone is home to upscale jewelry shops, gold and gem exports, and a booming gold market. This business jurisdiction shows promising growth and is a lucrative place for those in the jewelry industry.
If you're interested in starting a business in Dubai's Gold and Diamond Park free zone, you'll need to go through the proper steps. Below, we've put together some helpful information that can make your business setup process easy and hassle-free.
What is Dubai Gold and Diamond Park?
Dubai's Gold and Diamond Park free zone gives jewelry and precious metal businesses a space that's secure, specialized, and customer-ready. It's located right off Sheikh Zayed Road with easy access and a busy location.
It falls under JAFZA's authority and is a great fit for many different industry types. Some of the biggest advantages to forming your business here include:
- A location right in the heart of the city
- Full foreign ownership (no need for a local partner)
- Zero taxes on income
- High-security retail and production units
- Fast-track licensing and setup process
- Total control over your profits
- Support for visa and immigration services
- A trusted address that builds customer confidence
Required Documents and Steps to Start a Business in Dubai Gold and Diamond Park Free Zone
Forming your business in Dubai's Gold and Diamond Park free zone is designed to be a simple, straightforward process, but you'll want to have a comprehensive understanding of the steps for the best results. Below, we've put together the steps and the documents required for forming a business in this jurisdiction:
- A valid passport copy
- Address proof (a recent utility bill usually works)
- Business name preferences
- Application form (MSZ can help you complete it)
- Shareholder documents if it's not a one-person company
- NOC from your current employer if you're already living in the UAE
- Choose your Business Activity
- Pick The Right Trade Name
- Sign a Lease Agreement
- Submit a License Application
- Submit Required Documentation
- Pay Fees and Obtain a License
- Open a Bank Account
Business Entities Permitted in Dubai Gold and Diamond Park
In Dubai Gold and Diamond Park free zone, there are several ways you can structure your business. These legal structures include:
A free zone establishment is a business setup for a single shareholder and a single license.
An FZCO is a legal structure for two or more shareholders.
A branch is the extension of an established corporation. These typically occur when a known business entity moves into a new region to establish a presence.
The Benefits of Forming Your Business in Dubai Gold and Diamond Park
Starting your jewelry-based business in Dubai's Gold and Diamond Park free zone comes with a host of advantages that put you ahead and place your business as a focus in a growing market. Some of the biggest benefits include:
- A Market Designed Around Your Trade
Everything from the infrastructure to the regulations is geared toward putting your business on a successful trajectory. - Built-in Foot Traffic
The region is home to a wide range of shoppers and jewelry enthusiasts. - Flexible Business Setup
Whether you're going solo or part of a larger branch, starting your business in Dubai's Gold and Diamond Park free zone makes business easy. - Access to Ports
From airports to convenient seaports, importing and exporting goods is made simple and effective.
Experience
MSZ Consultancy Can Help You Set Up Your Free Zone Business
If you're interested in starting a jewelry business in Dubai's Gold and Diamond Park free zone, you'll need a partner to lead the way. With years of experience helping businesses get started in the UAE, MSZ is a source you can trust.
Our consultant experts have the knowledge to guide you through business setup, visa applications, government interfacing, regulatory consultation, renewals, and all the aspects your business will need to cover.
Call our experts today at +971 52 544 1248 for a custom quote and let us make your jewelry business shine its brightest.
Frequently Asked Questions (FAQs)
Do you have a question about starting a company in the UAE? We’ve answered some of the most frequently asked questions about what you can expect:
Yes. The Free Zone model allows full ownership, with no local sponsor needed.
Not at all. While it's geared toward that sector, any luxury or high-value product businesses may be eligible.
Yes. A physical space is part of the licensing process. It can be a showroom, workshop, or office.
If everything's in order, you could be fully licensed in under two weeks.
Yes. The park allows retail sales to both residents and tourists.
Absolutely. Once your license is issued, you can open a visa quota and begin hiring.