FreezoneMatch

Gold and Diamond Park

Gold and Diamond Park — Jewelry Manufacturing & Bullion Trading Free Zone, Established 2001

Contact for pricing 5-14 working days setup 15 visas

What is Gold and Diamond Park?

118,000 m² jewelry manufacturing and retail complex on Sheikh Zayed Road with 90+ retailers, 350 brands, and 118 manufacturing blocks.

118,000 m² jewelry manufacturing and retail complex on Sheikh Zayed Road with 90+ retailers, 350 brands, and 118 manufacturing blocks.

Key Features & Benefits

  • 100% foreign ownership
  • Manufacturing and retail in one location
  • 90+ retailers, 350 brands
  • 118 manufacturing blocks, 350 offices
  • 3km from Mall of the Emirates

Pricing & Costs

Contact for pricing

Year 1 costs, renewals, and multi-year discounts

Pricing

Gold and Diamond Park — Year 1 Fees

License Packages ⓘ

Contact for Pricing

AED 0/year
  • Contact the free zone directly for current license packages and pricing

💡 Multi-year licenses (2–3 years) are eligible for a 15–20% discount when paid upfront.

Government Immigration Fees ⓘ

Visa Costs every 2 years, per person

Renewal Fees ⓘ

Yearly
License Renewalⓘ AED 0 – 0

All prices are in AED and exclude 5% VAT where applicable. Prices may change — contact the FreezoneMatch team directly to confirm latest rates. (Prices last updated: 12 February 2026)

Setup & Documents

5-14 days

Step-by-step process, timeline, and required documents

Setup Roadmap

Your journey from application to fully operational business.

5–14 working days
📋
Step 1 1 day

Choose Business Activity

Select your business activity and license type from Gold and Diamond Park's approved list

📄
Step 2 1-2 days

Reserve Trade Name

Submit trade name application for approval

💳
Step 3 1-2 days

Submit Documents

Upload passport copies, application form, and supporting documents

✅
Step 4 1 day

Pay License & Registration Fees

Complete payment for license and registration fees to Gold and Diamond Park

🛂
Step 5 5-14 days

Receive Trade License

License issued after document verification and payment confirmation

🏦
Step 6 2-4 weeks

Apply for Visa & Open Bank Account

Submit visa application and business bank account opening

🎉

You're Open for Business!

Document Checklist

Everything you need to register your company with Gold and Diamond Park.

Individual Shareholders

5 documents

  • Valid passport (6+ months validity)
  • Passport-size photograph
  • Emirates ID (if UAE resident)
  • Proof of address (utility bill <3 months)
  • NOC from current sponsor (if applicable)

Corporate Shareholders

7 documents

  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Board resolution authorizing UAE setup
  • Valid passport of authorized signatory
  • Share certificate
  • Good standing certificate
  • Apostilled/attested documents (if outside GCC)
Good to Know
  • Passport copies must show at least 6 months validity from application date
  • Documents from outside the GCC may require apostille or attestation
  • Upload high-quality colour scans — minimum 300 DPI
  • Corporate documents should be certified as true copies

Banking & Payments

2/5 ease · 3 partner banks

Bank account opening, partner banks, and payment setup

Banking

Corporate bank account opening with guaranteed IBAN.

★★ ★★★ Challenging
3 Partner Banks
2-4 weeks Account Opening

Partner Banks

Emirates NBD

Major UAE bank with comprehensive business banking

Mashreq Bank

Digital-first banking with StartUp packages

RAKBANK

SME-friendly banking solutions

Documents Needed

Trade License
Certificate of Incorporation
Memorandum & Articles of Association
Passport copy of all shareholders
Emirates ID (if UAE resident)
Brief company profile
Proof of business activity (contracts, invoices)
3 months personal bank statement
Tips for Faster Approval
  • Apply to 2–3 banks simultaneously to maximise approval chances
  • Prepare a clear business plan explaining your revenue model
  • Have 3–5 sample contracts or invoices ready — even drafts work
  • Consider digital banks like Wio for faster approval and zero minimum balance
Independent Advice

Not sure if Gold and Diamond Park is right for you?

Talk to an unbiased FreezoneMatch advisor. We'll help you compare options, avoid hidden costs, and find the best fit — completely free.

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Why Gold and Diamond Park?

8 key advantages

Key advantages that set this free zone apart

Why Gold and Diamond Park?

What makes this free zone stand out.

⚡

5-14 Day Setup

Standard company formation timeline. In-person visit required for document submission.

🏦

3 Partner Banks

Banking rated 2/5 (Challenging). Account opening typically takes 2-4 weeks.

👥

Up to 15 Visas

2 years validity. Dependents allowed. Flexible allocation based on package.

💰

0% Corporate Tax

On qualifying free zone income (QFZP status). 100% foreign ownership with full capital repatriation.

🌍

Mainland Trading Access

Multiple pathways to the mainland market including DET Permit and branch licensing.

📍

Dubai Location

Located in Sheikh Zayed Road area, near Mall of the Emirates and Dubai Internet City

🏢

Manufacturing and retail in one location

A key advantage of setting up your business in Gold and Diamond Park.

🔧

90+ retailers, 350 brands

A key advantage of setting up your business in Gold and Diamond Park.

Best For
  • Jewelry Manufacturing companies and businesses
  • Bullion Trading companies and businesses
  • Gemstone Trading companies and businesses
  • Jewelry Retail companies and businesses
Consider Alternatives If
  • Solo freelancers or consultants (more affordable options exist)
  • Virtual office seekers (physical office lease is mandatory)
  • Businesses seeking transparent, publicly available pricing
  • Businesses needing warehouse or industrial facilities

Reviews

7 common questions

Customer reviews and alternatives

Is Gold and Diamond Park Right for You?

✅ Choose Gold and Diamond Park if you...

  • • jewelry Manufacturing companies and businesses
  • • bullion Trading companies and businesses
  • • gemstone Trading companies and businesses
  • • jewelry Retail companies and businesses

🔄 Consider alternatives if you...

  • • solo freelancers or consultants (more affordable options exist)
  • • virtual office seekers (physical office lease is mandatory)
  • • businesses seeking transparent, publicly available pricing
  • • businesses needing warehouse or industrial facilities

Compare with Similar Freezones

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Jebel Ali Free Zone

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FAQ

7 common questions

Common questions about setting up in this free zone

Frequently Asked Questions

Common questions about setting up in Gold and Diamond Park.

How much does it cost to set up in Gold and Diamond Park?
Pricing for Gold and Diamond Park is available upon request. Contact the free zone directly for a detailed quotation based on your specific business requirements.
How long does it take to set up a company in Gold and Diamond Park?
The standard setup process typically takes 5-14 working days, depending on document completeness and license type. Some zones offer expedited processing for an additional fee.
How many visas can I get with Gold and Diamond Park?
Visa allocation depends on your office space and package selection. Contact Gold and Diamond Park directly for details on visa quotas and costs.
Can I sell to mainland UAE customers with a Gold and Diamond Park license?
Free zone companies cannot directly sell to mainland customers without additional permits. You can obtain a DET permit, mainland branch license, or service agent agreement to access the mainland market. E-commerce sales are generally permitted with appropriate approvals.
Do I pay corporate tax in Gold and Diamond Park?
Companies classified as Qualifying Free Zone Persons (QFZP) benefit from 0% corporate tax on qualifying income. Non-qualifying income is subject to the standard 9% UAE corporate tax rate. Personal income tax remains 0%.
Do I need a physical office in Gold and Diamond Park?
Yes, Gold and Diamond Park requires a physical office lease. Flexi-desk or virtual office options are not available. Office costs vary depending on size and location within the free zone.
How do I open a bank account with a Gold and Diamond Park license?
After receiving your trade license, you can apply for a business bank account with any UAE bank. The process typically takes 2-4 weeks. Required documents include your trade license, certificate of incorporation, passport copies, and proof of business activity.
Independent Advice

Not sure if Gold and Diamond Park is right for you?

Talk to a FreezoneMatch advisor — we don't work for any freezone, so you'll get honest, unbiased guidance to find the best fit for your business.

WhatsApp Quick reply
Book a Call Free, 15 min
Email Us Detailed advice
100% free No obligation We don't work for any freezone

Or contact Gold and Diamond Park directly

www.goldanddiamondpark.com
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