Stunning infrastructure, high-quality lifestyle and liberal trade policies make Dubai company formation a lucrative option for investors. The economic diversity of this country draws many expatriates from all over the globe to explore the plethora of opportunities it offers. One of the most profitable ventures in Dubai is its Gold and Diamond industry. So, let’s have a look at how as an entrepreneur, you can start your gold trading business in Dubai.
There are three prominent areas in this thriving country where one can set up their gold trading business. They are:
Dubai Multi Commodities Centre (DMCC) has more than 13,000 companies and is one of the largest free zones in Dubai. With its key features like 100% business ownership, 50 years tax holiday and other freehold property options, many investors look forward to DMCC company formation.
This area is home to one manufacturing block (G+2) and a Retail Center (G only) and was established in 2011. It recently began leasing of office spaces for entrepreneurs looking to trade in gold.
If you decide to set up your gold trading business in Dubai Mainland, the best location to opt for is the Gold Souk market. You can sell directly to the public here. This traditional gold market is in the center of the commercial district in Deira and is home to around 300 retailers. If you are interested in importing and exporting as well, the area around Port Rashid in Dubai is very popular.
Get in touch with us if you are looking to set up your gold trading business in Dubai. With decades of experience in establishing new companies in Dubai, we can take that stress off your shoulders.