Dubai, famously known as the City of Gold, stands as one of the world’s most prestigious hubs for gold trading. Its strategic location, investor-friendly policies, and world-class infrastructure have made it a top destination for entrepreneurs looking to start a gold trading business in Dubai. At Forever Rich Accounting and Tax Services, we simplify the entire process of obtaining a gold trading license in Dubai, helping you with everything from documentation to choosing the right jurisdiction.
If you’re looking to begin your journey toward company setup in Dubai for gold trading, here’s everything you need to know.
Why Start a Gold Trading Business in Dubai?
✅ Strategic Global Location
Dubai acts as a bridge between Asia, Europe, and Africa, allowing seamless import and export operations. This makes business setup in Dubai for gold trade a globally competitive move.
✅ World-Class Infrastructure
Dubai offers secure gold storage facilities, excellent logistics support, and specialized free zones like DMCC and Gold & Diamond Park dedicated to gold and jewelry businesses.
✅ Booming Tourism Sector
The influx of international tourists to Dubai creates continuous demand for gold, especially in iconic markets like the Gold Souk.
✅ Strong Regulatory System
The UAE government has established a transparent regulatory framework, ensuring business integrity and consumer protection.
✅ Tax Benefits
Dubai offers 0% VAT on 99% pure gold and no import/export duties or corporate taxes, especially if you operate from a free zone. These benefits make company formation in Dubai highly attractive.
Jurisdictions to Choose From
When applying for a gold trading license in Dubai, selecting the right jurisdiction is key:
📍 Dubai Mainland
Ideal if you want to trade directly with the local market and benefit from the vibrant Gold Souk.
📍 Dubai Multi Commodities Centre (DMCC)
Known as the world’s leading free zone for commodities trading, offering full foreign ownership and modern infrastructure.
📍 Gold & Diamond Park
A niche free zone tailored for jewelry businesses, offering 100% business ownership and luxury office space.
Types of Gold-Related Business Activities
Your choice of business activity will determine the type of trade license in Dubai you need. Common options include:
- Gold Trading (Wholesale or Retail)
- Jewelry Manufacturing
- Gold Import/Export
- Gold Smelting & Refining
- Online Gold Sales (E-commerce)
Steps to Get a Gold Trading License in Dubai
1️⃣ Select Jurisdiction & Activity
Our experts at Forever Rich will help you choose the best jurisdiction and suitable business activity in Dubai.
2️⃣ Register Your Company
We handle the complete company registration process in Dubai, including name approval and initial approvals.
3️⃣ Choose the Right License
Depending on your operations, you may apply for:
- Trade License
- Manufacturing License
- Retail License
- E-commerce License
- Service License
4️⃣ Submit Required Documents
Documents generally include:
- Passport copies of shareholders
- Trade name reservation
- Initial approval certificate
- Memorandum of Association (MOA)
- Application forms
5️⃣ Get Your License Issued
Once approved, your gold trading license will be issued, allowing you to start your business operations in Dubai.
Gold Trading License Cost in Dubai
The cost varies based on:
- Jurisdiction (Mainland or Free Zone)
- Type of business activity
- Office space or shared desk
- Number of visas required
Free zones generally offer more cost-effective company setup solutions in Dubai, while the mainland might incur higher setup costs due to local market access requirements.
Why Choose Forever Rich?
At Forever Rich Accounting and Tax Services, we specialize in business setup in Dubai for gold trading and other high-value industries. From initial consultation to license issuance, we provide end-to-end support with a hassle-free experience.
✅ Get Expert Guidance
Book a consultation with our experts and start your journey toward owning a gold trading business in Dubai today.
📞 +971 58 836 3280 ✉️ [email protected] 🌐 Visit Website
