Setup Business in UAE Blog

Gold and Diamond Park

Established in 2011, with the aim of becoming a treasure trove of some of the world’s finest jewellery, gemstones, precious stones, gold, silver, platinum and high-end personal accessories, Gold & Diamond Park continues to attract numerous tourists and residents alike. Conveniently located on Sheikh Zayed Road, Gold & Diamond Park offers an array of spectacular Jewellery and bullion worth millions that can be admired, reviewed and purchased everywhere you turn, and customers can even choose to have their own designs custom-made at the hands of superbly skilled and experienced artisans.

With over 90 leading retailers and brands to choose from, a truly diverse range of options is available for the asking. A unique and thoughtful combination of not merely retail space but also 118 purpose-built manufacturing blocks, Gold & Diamond Park presents an advantageous proposition to jewellers and businesspeople in search of premium commercial leasing opportunities, including 350 offices, a courtyard and a selection of cafés and restaurants.

Business benefits in Gold & Diamond Park:

  • 100% foreign ownership.
  • 100% foreign ownership.
  • No Corporate taxes.
  • No income taxes.
  • Strategic location within the heart of Dubai with easy access to all areas.
  • 24/7 operational freedom.
  • Hiring of expatriate workers.
  • Central air conditioning plant connections to each unit.
  • Central gas distribution system to each unit.
  • Healthy purpose-built work environment with proper ventilation systems, exhaust facilities and provision of acid disposal waste collection.
  • 24 hours, 7 days a week security personnel & video surveillance, fire alarms and fire defense systems.
  • Excellent retail center facilities and atmosphere, serving tourists and shoppers.

Types of licenses:

  • Trading license.
  • Manufacturing license.
  • Retail license.
  • Service license
  • E-commerce license.
  • National industrial license.
  • Innovation license.
  • Off-shore registration license.

Posted 9 April, 2018

What are the minimum capital required for free-zone Company in UAE?

No capital is required for establishing a free-zone company in UAE.

Posted 21 October, 2018

What is the cash and swapping scale?

The trade used out the UAE is the United Arab Emirates Dirham (AED).

Posted 21 October, 2018

Why pick UAE to setup business in?

The United Arab Emirates is found halfway between Europe, Africa and Asia, making it as a prime business goal for an assortment of segments. UAE's exceptionally organized condition holds fast to worldwide practices and propel business people to put resources into great business thoughts. Besides, activities dispose of duties and in addition offer finish capital repatriation with no money limitations. This kind of monetary opportunity is uncommon in exceedingly created business condition, in this way business visionaries from around the globe find rich chances and potential in the UAE advertise.

Posted 21 October, 2018

What dialect should the application and the going with documentation be in?

Free zones just acknowledge reports and application frames finished in the English or Arabic dialect.

Posted 21 October, 2018

What is the expense of setting up a business in Dubai?

The expense of setting up a Business in Dubai or some other piece of UAE, totally relies upon the business action, the territory of activity, the jurisdictional expert and also the substances executing.

Posted 21 October, 2018

Is it possible for the legal documents of an LLC to contain provisions of the company?

If the sponsors consent, it is possible for the legal documents of an LLC to contain the following provisions designed to protect the interests of a foreign minority shareholder, and through a power of attorney the entire business operations of the company can be exclusively managed and controlled by the foreign shareholder.

Posted 21 October, 2018

Can I obtain perpetual residency in the UAE?

No, you can't. Residency in the UAE is just brief. In any case, it is sustainable.

Posted 21 October, 2018