WhatsApp quoteAs a rule, 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. DMCC Free Zone issues commercial, professional and industrial licences from its base in Dubai, and GoldenKey processes new registrations there every week. Importantly, gold & Jewellery Trading in DMCC Free Zone means wholesale and retail trading of gold, diamonds, precious stones and jewellery, and it is licensed as a commercial activity. To be clear, for Latvian founders, the UAE is around 6.5 hours from Riga, the UAE is 1 to 2 hours ahead of Latvia, and English is the business language.
Why DMCC Free Zone
As we tell every client, 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 released. On the ground, office options in DMCC Free Zone range from flexi-desk, office suite, showroom or warehouse, so you only pay for the space your visa quota actually needs.
How DMCC Free Zone works with GoldenKey
Step 1Consultation and activity selection
In the first call we check that DMCC Free Zone lists your activity, settle the licence type and match the visa package and office to what you actually need. Expect clear updates from your GoldenKey consultant while this step runs for opening a gold and jewellery trading company in the UAE as a Latvian founder.
Step 2Name reservation and initial approval
Your trade name is reserved with the DMCC Free Zone authority and initial approval is obtained; this stage rarely takes more than two working days.
Step 3Document submission and payment
From day one, with the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the authority on your behalf. Your portal shows the status of this step for opening a gold and jewellery trading company in the UAE as a Latvian founder in real time.
Step 4Licence issued and next steps
DMCC Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction.
Documents required
On the ground, the document list for opening a gold and jewellery trading company in the UAE as a Latvian founder is short, and most customers already have everything on it.
- A passport-size photograph on a white background
- A police clearance certificate from Latvia if the activity or the Golden Visa category requires it
- A bank statement from your Latvia bank for the last three months, which banks use to understand your profile
- The UAE entry stamp or visa page if you are already in the country
- A short business plan or activity description for certain professional activities
- AML compliance program
Pricing
All prices for opening a gold and jewellery trading company in the UAE as a Latvian founder are indicative, shown in AED and confirmed in writing before you pay. Pricing for opening a gold and jewellery trading company in the UAE as a Latvian 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 UAE's reputation as a trading hub means international customers and suppliers already trust a UAE licence, which shortens sales cycles for opening a gold and jewellery trading company in the UAE as a Latvian founder. The UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many company owners choose it as a base for opening a gold and jewellery trading company in the UAE as a Latvian founder.
Why GoldenKey
As a rule, most of our DMCC Free Zone clients come to us through referrals from other founders, and that is why we take pride in keeping every promise we put in writing. Our quotations for opening a gold and jewellery trading company in the UAE as a Latvian founder list every government fee and our service fee on one page, in writing, before you pay anything. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening a gold and jewellery trading company in the UAE as a Latvian founder happen the same day they are ready.
Ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for opening a gold and jewellery trading company in the UAE as a Latvian founder.
Frequently asked questions
Do I need to visit the UAE to set up in DMCC Free Zone?
Most DMCC Free Zone licences can be released 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 residency visa is completed.
Can I add more activities to my DMCC Free Zone licence later?
Yes. DMCC Free Zone allows activity additions and changes through a licence amendment, which GoldenKey can process in a few working days (Monday to Friday) for a small authority fee.
How many visas can I get with a DMCC Free Zone licence?
Visa quota is tied to the package and office you choose. DMCC Free Zone packages typically start from a zero-visa option and scale to five or more visas with a physical office, and additional visas can be added later for the per-visa fee shown in our pricing.
What approvals does gold & jewellery trading need?
To be clear, ministry of Economy AML registration; Dubai Gold and Jewellery Group for retail. GoldenKey obtains these as part of the setup.
Is gold & jewellery trading allowed in DMCC Free Zone?
It can. Latvians 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.
