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UAE, RAK and Dubai company formation. Fee packages from USD$99 and annual fees from USD$1200. "FBS KOTSOMITIS", operating since 1998, is a well-known and established international professional services network with officially licensed and regulated local member / partner firms. Contact us to start process by sending an email to enquiries@fbsemirates.com or by using our contact form.

Gold and Diamond Park (GDP) Free Zone Company

Gold and Diamond Park (GDP) Free Zone Company Formation

Introduction – Free Zone Focus

Gold and Diamond Park was launched in 2011 and has become Dubai’s leading business hub for gold and diamond jewellery. The park is the number one destination for all jewellers and shoppers of jewellery as well as investors seeking world-class, modern facilities.

The quality as well as choice of jewellery offered at Gold and Diamond Park is unmatched anywhere in the world. The world’s most experienced designers and manufacturers are based in the park. They create the finest, most exotic items of jewellery, including unique and hard to find pieces.

Gold and Diamond Park has enjoyed strong support from His Highness General Sheikh Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, the Government of Dubai, the United Arab Emirates Ministry of Defense, the Gold and Jewellery Group, the Department of Tourism and Commerce Marketing and the World Gold Council.

The Gold and Diamond mall is a must for every tourist and every shopper. There are 90 leading jewellery shops as well as 118 manufacturing facilities.

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Competitive Advantages: Why Gold and Diamond Park?

  • Zero corporate tax
  • Zero income tax
  • Full foreign ownership
  • Full capital and profits repatriation
  • Located in central New Dubai with easy access to all areas of Dubai
  • Impressive retail facilities for shoppers
  • Caters for the specific needs of the gold and diamond industry
  • Hallmarking for manufactured and sold gold from Gold & Diamond Park
  • Branding that can influence purchase decisions via advertising methods
  • Exclusive events are organized and hosted for jewellers
  • Provision of transport to and from Gold & Diamond Park and best hotels
  • Support provided for dealing with governmental issues and procedures
  • Easy recruitment of expatriates
  • Cutting-edge facilities and systems
  • 24/7 facilities operations
  • 24/7 security and safety systems

Gold and Diamond Park Contact Details

4th Interchange,
Sheik Zayed Road,
Dubai,
UAE

Tel: 0097143627777
Email: gdp@emaar.ae
Website: www.goldanddiamondpark.com

Located centrally of New Dubai, at interchange 4 on Sheikh Zayed Road. Over 800 parking spaces available for customers.

Opening Hours
Saturday – Thursday, 10.00 am to 10.00 pm
Friday – 4.00 pm to 10.00 pm

Dubai Gold and Diamond Park Company Registration Process

For clients wishing to set up their business in the field of retail, manufacture or trade in the Gold and Diamond Park the below procedure is followed:

Step Action Payment
1 Obtain lease agreement from Gold and Diamond Park following payment by the client.

Rent due

15% of yearly rent as deposit which is refundable

15% of yearly rent for fit out deposit which is refundable

Maintenance charges

Any extra charges

2

Following receipt of the lease agreement, the clients needs to apply for the JAFZA license at the offices of Jebel Ali Authority

Necessary documents for JAFZA license application:

Application form

Partnership agreement or Memorandum of Association

Copy of license agreement

AED 5,500 for licensing fee (GDP’s PRO can handle the application at a cost of AED 2,500 yearly. The client will be entitled to all JAFZA’s services for one year)
3 Jebel Ali Free Zone Authority will issue the certificate of incorporation and a letter to the bank chosen by the client for opening of the bank account.
4 Following the opening of the bank account, the bank will confirm the deposit of the required capital to JAFZA. Then JAFZA will issue the Free Zone license.
5 On receiving the license, the client can request a Letter of No Objection from GDP which should be addressed to JAFZA for the issuing of the employment visas.
6 When JAFZA issues the employment visas and the employee arrives in Dubai, the medical check-up and paper work is necessary in order to stamp the Residence Visa in each employee’s passport.
7 Following stamping of the Residence Visa, the client must apply for ID Cards from GDP to allow access to the park. ID Card is AED 100 per year or AED 150 for two years
8 On the satisfactory completion of the fit out of the leased facility, the 15% fit out deposit will be reimbursed to the client.

Gold and Diamond Park Products

The Gold and Diamond Park is made of a retail centre, a manufacturing block, office blocks, showrooms and workshop facilities specifically designed for the needs of jewellers:

  • Retail centre with 90 shops of 288 sq ft to 1164 sq ft in a fully air conditioned ground floor facility
  • Jewellery manufacturing 3-storey building with 118 manufacturing facilities of 310 sq ft to 1283 sq ft
  • Showrooms of 6500 sq ft to 9300 sq ft
  • Offices of 390 sq ft to 2315 sq ft
  • Common areas, open air court area
  • Lease options from 1-5 years
  • Offices available – fully furnished or shell & core facilities
  • Central New Dubai location – opposite First Gulf Metro Station
  • Easily accessible with all public transport links
  • Cafes, international and Arabic restaurants, ATM’s, exchange centres, stores and other facilities
  • Landscaped surroundings
  • Client parking
  • Emaar Building Management system
  • 24/7 security and safety systems

Note: All retail shops and manufacturing units are occupied and are on a waiting list basis

Various shops are housed at Gold and Diamond Park:

  • Gold, Diamond & Jewellery
  • Specialty
  • Health and Fitness
  • Educational & Entertainment
  • Salons
  • Services – Banks & Financial
  • Services – Legal
  • Services – Exchange Centre
  • Supermarkets

Gold and Diamond Park (GDP) Map

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