Dubai Gold & Diamond Park
Complete guide to registering your company in Dubai Gold & Diamond Park Free Zone. Understand requirements, fees, registration process, and annual compliance obligations for jewelry, precious metals, and gemstone businesses.
About Dubai Gold & Diamond Park
Dubai Gold & Diamond Park (DGDP) is a specialized free zone dedicated to the jewelry, precious metals, and gemstone industry. Located strategically on Sheikh Zayed Road, it serves as the region's premier hub for gold and diamond manufacturing, trading, and design. With advanced security systems, shared facilities including workshops and showrooms, DGDP offers 100% foreign ownership, zero taxes on profits, and full capital repatriation for jewelry businesses.
License Types Available
Manufacturing License
For jewelry manufacturing, gold smithing, diamond cutting, polishing, and precious metal processing.
Trading License
For gold trading, diamond trading, precious stones, jewelry wholesale, and gemstone distribution.
Design & Certification License
For jewelry design, gemological services, assaying, hallmarking, and certification services.
Supporting Services License
For packaging, security services, logistics, and other jewelry industry support services.
Registration Requirements
- Passport Copies: Clear copies of passports for all shareholders and directors
- Proof of Address: Recent utility bill or bank statement (within 3 months)
- Business Plan: Description of jewelry/precious metals business activities
- Industry Experience: CVs demonstrating jewelry or precious metals industry background
- No Objection Certificate: If currently employed in UAE (for UAE residents)
Step-by-Step Registration Process
Choose License Type & Trade Name
Select jewelry/precious metals license category and reserve company name
Timeline: 1-2 days
Submit Application & Documents
Complete application and submit required documents to DGDP
Timeline: 1-2 days
Initial Approval
DGDP reviews application and issues initial approval letter
Timeline: 3-5 business days
Payment & Facility Selection
Pay fees and select workshop, office, or vault space
Timeline: 1-2 days
License Issuance
Receive trade license and access to secure facilities
Timeline: 1-2 days
Visa & Bank Account
Apply for residence visas and open corporate bank account
Timeline: 2-3 weeks
Gold & Diamond Park Fee Structure
| Description | Amount (AED) |
|---|---|
| Trade License Fee (Annual) | 15,000 - 30,000 |
| Registration Fee (One-time) | 7,500 |
| Share Capital Deposit | 50,000 (refundable) |
| Office/Workshop (per sqm/year) | 400 - 600 |
| Vault/Storage Facilities | Variable |
| Visa Quota (per visa) | 3,500 - 5,000 |
* Fees are subject to change. Contact us for current pricing.
Annual Compliance Requirements
License Renewal
Renew trade license annually before expiry date. Late renewal incurs penalties.
Facility Lease Renewal
Maintain valid lease agreement for workshop, office, or vault space.
Financial Statements
Submit audited financial statements annually as per DGDP requirements.
Corporate Tax Filing
Register for Corporate Tax and file annual returns. QFZP status may provide 0% CT on qualifying income.
VAT Filing (if applicable)
Register for VAT if taxable supplies exceed AED 375,000 threshold. File quarterly returns.
Economic Substance Reporting
Submit annual ESR notification and report for relevant activities.
Tax Implications
QFZP Status Benefits
Gold & Diamond Park companies may qualify as Qualifying Free Zone Person (QFZP) and enjoy:
- 0% Corporate Tax on qualifying income
- 9% on non-qualifying income (mainland transactions)
- De minimis threshold of 5% or AED 5M for non-qualifying revenue
Related Free Zones
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