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THE PROCESS OF SETTING UP A GOLD TRADING COMPANY IN DUBAI INVOLVES A SERIES OF STEPS.
HOWย TO START A GOLD TRADING BUISNESS IN DUBAI ?
1. REGISTERING A VALID TRADE NAME .
2.SELECT THE NATURE OF YOUR BUSINESS VENTURE .
3.DETAILED BUSINESS PLAN .
4GETTING A LEGAL STATUS FOR YOUR BUSINESS VENTURE IN DUBAI.
5.SELECT A PARTNER OR LOCAL SPONSOR.
6.MINIMUM CAPITAL REQUIREMENT.
TO START A GOLD BUSINESS IN DUBAI FREEZONE CAN REQUIRE MINIMUM COST AED150,000 ALONG WITH RENT TO GOLD PARK MANAGEMENT . THIS CRITERIA IS ONLY APPLICABLE FOR FREE ZONE.
YOU MAY ALSO NEED TO GIVE 15% OF YEARLY UNIT RENT WHICH SHALL BE A REFUNDABLE DEPOSIT IT IS WORTH NOTING THAT THIS DOES NOT INCLUDE THE MAINTENANCE FEE.
DRAFTING AND SIGNING OF MOA OR LSA AGREEMENTS WITH YOUR PARTNER OR LOCAL SPONSOR IN NOTARY PUBLIC COURT.
ATTESTED COMPANY NAME APPROVAL LETTER FOR THE AUTHORITIES.
LEASING AND TENANCY CONTRACT (TEJARI )FOR YOUR BUSINESS.IN ALL THE CASES, YOU ARE REQUESTED TO HAVE THE FOLLOWING TYPICAL DOCUMENTATION FOR OBTAINING THE LICENSE .
APPLICATION FEE
COMPLETED APPLICATION FORM
TWO PASSPORT SIZE PHOTOS
PASSPORT/VISA COPY OF THE OWNER OR SHAREHOLDER
COPY OF SPONSORS PASSPORT/EMIRATES ID
CV OF THE MANAGER
PROOF OF TRADE NAME
COPY OF INITIAL APPROVAL FEE PAYMENT
COMPANY REGISTERATION FORM FROM THE RESPECTIVE TRADING ZONE
COPY OF NOTARISED MOA OR LSA AGREEMENT
TENANCY OR LEASE AGREEMENT (IF ANY )
HOW TO IMPORT AND EXPORT GOLD IN DUBAI ?
U.A.E IS THE BIGGEST DESTINATION FOR AFRICAN GOLD. THE VALUE OF GOLD TRADED IN U.A.E IS GROWING SIGNIFICANTLY HIGH OVER THE YEARS . DUBAI IS ALSO ONE OF THE MAJOR EXPPORTERS OF GOLD IN THE REGION.
HENCE, GOLD TRADING AS A WHOLE IN U.A.E IS A PROSPECTIVE BUSINESS ESTABLISHMENT WITH MANY KEY PLAYERS ALREADY OPERATING IN THE REGION. WITH THE DMCC FREE ZONE , GOLD TRADING EVOLVED FROM TANGIBLE GOLD BAR TRADING AND JEWELLERY TO DIGITAL GOLD.
EXP. IMPORT GOLD FROM GHANA TO U.A.E !
COMMODITIES TRADING IN GOLD IS A LUCRATIVE BUSINESS FOR INVESTORS .
ALL THE LEGAL DOCUMENTATIONS, TOGETHER WITH THE CERTIFICATE OF ORIGIN AND PROOF OF TAXES PAID ARE TO BE SUBMITTED FOR CUSTOMS CLEARANCE IN U.A.E .
AS THE GOLD REACHES U.A.E , THE REGISTERED GOLD TRADERS WILL GET IT CLEARED THROUGH CUSTOMS .
THE GOLD TRADERS HAS PARTNERSHIPS WITH INTERNATIONALLY ACCEPTED SECURITY TRANSPORT COMPANIES AND ALSO WAREHOUSE COMPANIES TO STORE GOLD AND PRECIOUS METALS .
HOW WE CAN EXPORT GOLD FROM DUBAI ?
PREPARE A BUSINESS PLAN
CHOOSE YOUR TARGET LOCATION, AREA OR COUNTRY
OPEN A BANK ACCOUNT
LICENSE DOCUMENTATION AND REGISTERATION
FIND YOUR SUPPLIERS AND BUYERS
DIPATCH AND SHIPMENT
HOW TO SELL GOLD IN DUBAI ?
THERE ARE MANY JEWELLERY SHOPS AND BULLON DEALERS ACROSS DUBAI, HOWEVER , YOU NEED TO BE ABLE TO PROVE YOUR IDENTITY AND PROVIDE A RECEIPT OF PURCHASE WHEN SELLING GOLD.
Need professional assistance in getting a license for Gold Trading in Dubai?
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Mail Address: altharaatrading2000@gmail.com
Phone number : +971564007592
Contact Details
- 971564007592
- 971564007592
- altharatrading2000@gmail.com
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