New Freezone Incentives—Up to 30% Fee Reduction for Startup

Company Formation in Gold & Diamond Park

Open your business in a Sheikh Zayed Road free zone designed specifically for precious metals and jewellery. Overseen by JAFZA, it offers 37 retail shops, 118 manufacturing units, round-the-clock 24/7 security and a tax exemption lasting 50 years, with setup from AED 11,500.
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11,500AED

From

2011

Established

350

Companies

4

Max Visas

Easy

Banking

Business Overview

Gold & Diamond Park Overview

What is Gold & Diamond Park?

  • Founded in 2011, a JAFZA-regulated free zone on Sheikh Zayed Road designed specifically for precious metals and jewellery
  • 37 retail shops and 118 manufacturing units serving every stage of the jewellery business, from refining gold and trading gemstones to production and high-end retail
  • Secure vaults, round-the-clock 24/7 security and a tax exemption lasting 50 years

Who should consider it?

  • Makers of jewellery
  • Diamond and gold traders
  • Jewellery retailers and wholesale gemstone dealers

Visa Details

  • Visa quota: up to 4; a shop or office usually permits 3-4
  • Processing: roughly 14 days, or around 2 weeks via Dubai Trade
  • Renewal: AED 3,500 every 2 years
  • Available visas: Investor, Employment, Partner, Dependent
  • Visa fees: investor AED 3,500, employee AED 3,000, dependent AED 2,000; changing status within the country AED 1,700
  • Emirates ID typing AED 420 · Medical (standard) AED 420

Banking

  • Difficulty: Easy
  • Banks partnering with the zone: Mashreq Bank, ADCB, Emirates NBD, First Abu Dhabi Bank
  • With complete documents, account opening takes roughly 1-2 months; firms in precious metals may go through stricter AML/KYC reviews

Features

  • Shared ownership allowed: Yes
  • Portal online: Yes
  • Audit needed: Yes, a yearly audit is required by JAFZA, along with AML reporting and, where relevant, DMCC good delivery standards
  • Not available: co-working, crypto, dual licensing, trading on the mainland, a free zone to mainland route, or a required physical office
  • Selling at retail inside the park is allowed, and Resolution No. 11 of 2025 makes a mainland branch possible

Share Capital

  • AED 50,000 (usual for an FZCO)

Latest Updates

  • Every tenant still enjoys the 50-year tax exemption, with no income tax or customs duties
  • Security stepped up through new vaults and upgraded 24/7 surveillance
  • More online jewellery businesses, supported by specific digital trading licences
  • Tighter AML rules for dealers in gold and precious metals, following FATF guidelines

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Why Gold & Diamond Park?

Why Gold & Diamond Park Stands Out

01

Specialist Facilities

A dedicated retail souk, gem-testing labs, secure vaults and 118 manufacturing units.

02

Strong Location

Customers and clients can reach it easily, and its Sheikh Zayed Road frontage is highly visible.

03

Security

Guarded 24/7 and monitored by modern surveillance, which suits valuable stock.

04

Supported by JAFZA

Benefit from a proven legal structure, ties with banks and help with administration.

05

Tax Exemption

No income tax, no customs duties, 100% of profits can be repatriated, and the tax exemption lasts 50 years.

06

End-to-End Support

Help at every stage, from sourcing raw materials and production through to export and retail.

07

Range of Licences

Licences for e-commerce, retail, trading, service, industrial and national industrial activity.

Packages & Pricing

Gold & Diamond Park Pricing & Packages

0 Visa (Virtual Office)

Virtual address · Licence AED 5,500 · AED 10,500 on renewal.

Year 1 TotalAED 11,500

0 visas

1 Visa (Flexi Desk)

Flexi desk · Licence AED 5,500 · AED 20,340 on renewal.

Year 1 TotalAED 21,340

1 visa

2 Visas (Dedicated Desk)

Dedicated desk · Licence AED 5,500 · AED 30,180 on renewal.

Year 1 TotalAED 31,180

2 visas

3 Visas (Private Office)

Private office · Licence AED 5,500 · AED 40,020 on renewal.

Year 1 TotalAED 41,020

3 visas

Watch Out For

Points to Weigh Up Before Picking Gold & Diamond Park

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