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Gold & Jewellery Trading in the UAE for British nationals

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

DMCC Free Zone issues commercial, professional and industrial licences from its base in Dubai, and GoldenKey processes new registrations there every week. A DMCC Free Zone company can be owned entirely by foreign nationals, needs no local sponsor and can start trading internationally as soon as the licence is issued. the UK and UAE share deep commercial ties, with thousands of British-owned SMEs operating from UAE free zones, which gives British entrepreneurs a ready market and supply chain the moment their DMCC Free Zone licence is issued. Typical examples of this activity include bullion trading, diamond wholesale, jewellery retail and refinery supply, which can in most cases sit together on one DMCC Free Zone licence.

Why DMCC Free Zone

Put simply, 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. DMCC Free Zone licences are renewed annually with a simple online payment and updated passport copies, and GoldenKey sends a reminder 60 days before the due date.

How DMCC Free Zone works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    GoldenKey starts by confirming your activity is available in DMCC Free Zone, then agrees the licence category, visa quota and office option with you in writing. We keep a written record of this step so your file for opening a gold and jewellery trading company in the UAE as a British founder is audit-ready.

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

    Name 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.

  3. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    Importantly, you sign the request 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 British founder until you have reviewed and approved it.

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

    Licence issued and next steps

    Your DMCC Free Zone licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction.

Documents required

Here is what you will need for opening a gold and jewellery trading company in the UAE as a British founder; GoldenKey checks every item before submission.

  • A passport-size photograph on a white background
  • A clear passport copy for each shareholder and manager, valid for at least six months
  • A bank statement from your United Kingdom bank for the last three months, which banks use to understand your profile
  • A short business plan or activity description for certain professional activities
  • On the ground, aML compliance program
  • Proof of address such as a utility bill or bank statement, requested by some zones

Pricing

All prices for opening a gold and jewellery trading company in the UAE as a British founder are indicative, shown in AED and confirmed in writing before you pay. The figures below for opening a gold and jewellery trading company in the UAE as a British founder are updated by GoldenKey whenever the licensing authority changes its fees, so the price you see is the current one.

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

Why the UAE

The UAE sits within an eight-hour flight of two-thirds of the world's population, and for that reason so many founders choose it as a base for opening a gold and jewellery trading company in the UAE as a British founder. 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 British 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 British founder for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves without delay. Our quotations for opening a gold and jewellery trading company in the UAE as a British founder list every government fee and our service fee on one page, in writing, before a single dirham changes hands anything. We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for opening a gold and jewellery trading company in the UAE as a British founder.

If you would like a written quotation for opening a gold and jewellery trading company in the UAE as a British founder, use the form below or message us on WhatsApp and we will respond as soon as possible.

Frequently asked questions

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.

Can I open a UAE bank account with a DMCC Free Zone company?

Yes, DMCC Free Zone companies open accounts with UAE banks every day. Approval depends on the bank's compliance review of your profile, business plan and documents, and GoldenKey prepares the file and introduces you to a suitable bank.

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 as a rule the same.

Do British nationals need a UAE visa before applying for DMCC Free Zone?

Not in that case. You can apply for the licence from United Kingdom with scanned supporting documents, and the investor residence visa is processed afterwards.

Is gold & jewellery trading allowed in DMCC Free Zone?

Yes. British nationals 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.

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