Procedure For Business Setup in Dubai Gold and Diamond Park Free Zone

The protocol to start a gold and diamond business in Dubai Gold And Diamond Park Free Zone is similar to other Free Zone domains in Dubai.

The documents and formalities needed for business setup in Dubai Gold & Diamond Park Free Zone depends on the business licenses you opt in Dubai. Business that come in jurisdiction is Free Zone Establishment (FZC), Free Zone Company (FZC), or branch office of an international or domestic firm. The basic structure and shareholders number required are unique to the company you form.

Dubai Gold And Diamond Park Free Zone Business Setup has several steps

• Identify the company type you like to set up in the free zone.
• Register the trade name of the entity. The business name must be as per the naming guidelines offered by the authority.
• Getting initial approval for business activities.
• Extra permissions and approvals.
• Application submission with required documents for the company’s incorporation.
• Full-fledged business activities commenced after the incorporation of the business setup in DGDP.

Documents Needed For A Business Setup In DGDP

• Shareholders passport copies.
• Board resolution to establish business in Dubai Gold and Diamond Park. Business Setup Free Zone.
• Resume and passport of designated manager.
• Article of Association.
• Memorandum of Association.
• Lease/ rent agreement of the commercial space or office.
• Power of attorney if a business setup services like Black Swan aids you in the company formation in DGDP.
• Documents of business registration and company license of the parent company like the representative office or a branch office.

Permitted Activities In DGDP

Legal activities that relate to diamond, gold and precious metals are pursued in DGDP. Many elite business entities of diamond and gold business have their branch in DGDP.

• Trading Diamond & Gold

All types of trading like diamond, gold, and jewelry that are made with stones and precious metals.

• Ornaments Manufacturing

You can open a manufacturing business setup in DGDP for diamond and gold ornaments.

• Retail Business

Firms will conduct retail sales and purchase materials and products.

• Professional Services

Individuals who are experienced in this sector extend their professional services after getting their professional license.

Originally posted 2022-05-04 04:20:15.