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Gold & Jewellery Trading in Saudi Arabia

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

In short, many of our customers add a Saudi Arabia entity to their UAE structure because many clients set up a UAE company first and use it as the parent for their Saudi entity. The tax position in Saudi Arabia is clear: 20% corporate tax on the foreign-owned share of profits, 2.5% Zakat on Saudi-owned share, and 15% VAT. Typical examples of this activity include bullion trading, diamond wholesale, jewellery retail and refinery supply, which can usually sit together on one Saudi Arabia licence. In our experience, gold & Jewellery Trading in Saudi Arabia means wholesale and retail trading of gold, diamonds, precious stones and jewellery, and it is licensed as a commercial activity.

Why Saudi Arabia

For most clients, reasons business owners choose Saudi Arabia include the largest economy in the arab world, vision 2030 projects worth trillions, regional headquarters programme and a uae entity makes the saudi application easier. In short, requirements for a Saudi Arabia company are MISA investment licence, attested parent-company documents (usually a UAE or home-country entity with one year of financials) and commercial registration and Chamber membership. From day one, saudi Arabia is a sensible home for gold & jewellery trading because wholesale and retail trading of gold, diamonds, precious stones and jewellery is a well-understood activity there and the approvals are routine.

How Saudi Arabia works with GoldenKey

  1. Step 1: Structure and name check
    Step 1

    Structure and name check

    GoldenKey checks the proposed name and structure against the Ministry of Investment (MISA) and Ministry of Commerce's rules. Expect clear updates from your GoldenKey consultant while this step runs for gold & jewellery trading in Saudi Arabia.

  2. Step 2: KYC and documents
    Step 2

    KYC and documents

    You provide passports, proof of address and the information required by the Saudi Arabia registrar; GoldenKey prepares the forms.

  3. Step 3: Incorporation
    Step 3

    Incorporation

    Our Saudi Arabia partner files the incorporation and the registrar issues the certificate, typically within 4 to 8 weeks including MISA licence and commercial registration. Nothing is submitted for gold & jewellery trading in Saudi Arabia until you have reviewed and approved it.

  4. Step 4: Banking and compliance
    Step 4

    Banking and compliance

    We introduce banks that accept Saudi Arabia companies and set up the annual filing calendar.

Documents required

Just as important, for gold & jewellery trading in Saudi Arabia the authority asks for the following supporting documents, and we tell you exactly how each must be formatted.

  • AML compliance program
  • Proof of address
  • Business description
  • Bank reference
  • Passport copies

Pricing

As we tell every client, the figures below for gold & jewellery trading in Saudi Arabia are updated by GoldenKey whenever the registrar changes its fees, so the price you see is the current one. Pricing for gold & jewellery trading in Saudi Arabia depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Saudi Arabia Company Formation
GoldenKey service feeAED 15,000
Official fees (approx.)AED 5,000
Approximate totalAED 20,000

Fees in AED; MISA fees collected in SAR

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Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.

Why the UAE

Residence visas for owners and families come with the company, which makes gold & jewellery trading in Saudi Arabia a route to relocation as well as a business decision. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so gold & jewellery trading in Saudi Arabia no longer requires a local partner.

Why GoldenKey

Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for gold & jewellery trading in Saudi Arabia happen the same day they are ready. Our quotations for gold & jewellery trading in Saudi Arabia list every government fee and our service fee on one page, in writing, ahead of payment anything. To be clear, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for gold & jewellery trading in Saudi Arabia.

In our experience, if you would like a written quotation for gold & jewellery trading in Saudi Arabia, use the form below or message us on WhatsApp and we will respond as soon as possible.

Frequently asked questions

Do I need to travel to Saudi Arabia to incorporate?

As a rule, in most cases no. Incorporation is handled by our local partner under a power of attorney. Some banks in Saudi Arabia require a video or in-person meeting.

What are the annual obligations for a Saudi Arabia company?

Annual returns, accounts and tax filings vary by jurisdiction; GoldenKey provides a compliance calendar and local accounting support.

Can my UAE company own the Saudi Arabia company?

Yes — A UAE free zone or mainland company can be the shareholder, which is a common structure for groups operating in both markets.

Is gold & jewellery trading allowed in Saudi Arabia?

Gold & Jewellery Trading can be carried out through a Limited Liability Company under a MISA foreign investment licence in Saudi Arabia, subject to any sector licensing there. {brand} confirms the activity classification with our Saudi Arabia partner before incorporation.

Can I combine gold & jewellery trading with other activities?

From day one, in most cases yes. Related activities can share one licence, while unrelated ones may need a general trading licence or a second licence.

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