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Gold & Jewellery Trading in the UAE for Greeks

Wholesale and retail trading of gold, diamonds, precious stones and jewellery

If you are weighing up where to register in the UAE, DMCC Free Zone deserves a close look for its world's #1 free zone (Fitch) and straightforward renewal process. Crucially, setting up a company in DMCC Free Zone gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. To be clear, external approvals for gold & jewellery trading are: Ministry of Economy AML registration; Dubai Gold and Jewellery Group for retail. To be clear, payments between Greece and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle without delay and UAE banks are familiar with Greek business profiles.

Why DMCC Free Zone

Unlike some zones, DMCC Free Zone does not require a large paid-up capital to be blocked in a bank account before the licence is granted. One of the reasons we recommend DMCC Free Zone is its world's #1 free zone (Fitch), which matters more than most company owners realise once the business is running.

How DMCC Free Zone works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    Just as important, we confirm that your activity is available in DMCC Free Zone, choose the licence type and agree the visa package and office option that match your plan. This is also the point at which we answer any question specific to opening a gold and jewellery trading company in the UAE as a Greek founder.

  2. Step 2: Name reservation and initial approval
    Step 2

    Name reservation and initial approval

    GoldenKey reserves your trade name with the DMCC Free Zone authority and obtains initial approval, usually within one to two working days.

  3. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    You sign the application forms and memorandum, we submit the attested documents and the licence fee is paid to the authority. Nothing is submitted for opening a gold and jewellery trading company in the UAE as a Greek founder until you have reviewed and approved it.

  4. Step 4: Licence issued and next steps
    Step 4

    Licence issued and next steps

    Once the DMCC Free Zone licence and company paperwork are released, we move immediately to the immigration file, residence visas and the bank meeting.

Documents required

The document list for opening a gold and jewellery trading company in the UAE as a Greek founder is short, and most clients already have everything on it.

  • Proof of address such as a utility bill or bank statement, requested by some zones
  • A clear passport copy for each shareholder and manager, valid for at least six months
  • A bank statement from your Greece bank for the last three months, which banks use to understand your profile
  • A short business plan or activity description for certain professional activities
  • A police clearance certificate from Greece if the activity or the Golden Visa category requires it
  • Your current residency visa and Emirates ID copy if you are a UAE resident

Pricing

Importantly, use the table below to compare packages for opening a gold and jewellery trading company in the UAE as a Greek founder; we will confirm the exact total for your case in a written quotation. For most clients, pricing for opening a gold and jewellery trading company in the UAE as a Greek founder depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Pricing available on request — message us for a written quotation.

Why the UAE

The dirham has been pegged to the US dollar since 1997, which removes currency risk for opening a gold and jewellery trading company in the UAE as a Greek founder and makes international pricing simple. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so opening a gold and jewellery trading company in the UAE as a Greek founder no longer requires a local partner.

Why GoldenKey

GoldenKey's consultants have handled opening a gold and jewellery trading company in the UAE as a Greek founder for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves without delay. GoldenKey is based in Ajman Free Zone and has helped company owners from more than 60 countries with opening a gold and jewellery trading company in the UAE as a Greek founder, so the paperwork, approvals and timing hold no surprises for us. Our quotations for opening a gold and jewellery trading company in the UAE as a Greek founder list every government fee and our service fee on one page, in writing, before you pay anything.

Book a call with GoldenKey and we will confirm your eligibility, your costs and your next steps for opening a gold and jewellery trading company in the UAE as a Greek founder in a single conversation.

Frequently asked questions

How long does the DMCC Free Zone licence take?

In our experience, once your documents are complete, the licensing authority typically issues the licence within 7 working days. Visas and bank account opening follow afterwards.

Do I need to visit the UAE to set up in DMCC Free Zone?

Most DMCC Free Zone licences can be issued remotely with scanned documents and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your residence visa is processed.

What is the difference between an FZE and an FZCO in DMCC Free Zone?

An FZE has one shareholder and an FZCO has two or more. Both offer limited liability and 100% foreign ownership, and the fees in DMCC Free Zone are generally the same.

Is gold & jewellery trading allowed in DMCC Free Zone?

Absolutely. Greeks can own 100% of a gold and jewellery trading company in the UAE. {brand} recommends DMCC Free Zone for this activity and confirms any sector approvals before you commit.

What approvals does gold & jewellery trading need?

Just as important, ministry of Economy AML registration; Dubai Gold and Jewellery Group for retail. GoldenKey obtains these as part of the setup.

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