AGNMAK International Consulting can facilitate in setting up business at Gold & Diamond Park Free Zone. The Gold and Diamond Park consists of an enclosed air-conditioned ground floor retail facility housing 37 retail shops that are fully leased. It also contains a three storey manufacturing block (G+2), with 118 manufacturing units. The units range in size from 310 square feet to 1283 square feet.

All 37 retail outlets and 118 manufacturing units are operational. Some outlets are only found exclusively at the Gold & Diamond Park, such as Prestige Gallery which retails Purple Gold jewellery.

The Park enjoys full support from the World Gold Council, the Dubai Gold and Jewellery Group and The Diamond Trading Company.

EMAAR Properties PJSC has a long-standing agreement with Jebel Ali Free Zone that extends all Free Zone facilities to the Gold & Diamond Park, specifically 100% foreign ownership. Jebel Ali Free Zone also assists in visa application and processing.

All units have been leased and are now on a wait list basis.

The Gold & Diamond Park is part of the Jebel Ali Free Zone Area, whereby all tenants can benefit from the facilities offered by the free zone authority. Tenants can form their own companies whereby they can have a 100% ownership and also easy access to obtain visas for owners and labors alike.

	Central A/C
	Central gas
	Healthy environment through proper ventilation systems, exhaust facilities and provision of acid disposal points.
	Safety and security through 24-hour security (patrols & video surveillance), fire alarms and fire defense systems.
	Handy labour accommodation and transport.
	Hallmarking provided by the Dubai Municipality's regular pickup services for all gold manufactured and sold from the Gold & Diamond Park.
	Visitors centre attracting tourists and shoppers.
Shuttle transport between the Gold & Diamond Park and the Gold Souq.

Offers world-class hub for gold, diamond and commodities trade :Dubai Metals & Commodities Centre Offer World Class hub for gold, diamond & commodities trade. The Dubai Metals and Commodities Centre (DMCC) have been created as a strategic goal of the Dubai Government to establish a commodity market place in Dubai. DMCC was launched in April 2002 by the decree from the Government of Dubai.DMCC offers a unique opportunity for participants in a wide range of metals and commodities industries. The Centre aims to attract key players throughout the entire value chain of each of these industry sectors, together with relevant support industries such as finance, logistics and insurance.

Key Benefits : Investment Incentives ::

	100% Business Ownership
	Freehold Commercial Premises
	Single Window Clearance (incl. Licensing, Immigration etc)
	50 year tax holiday on personal and income tax
	No foreign exchange controls or barriers to entry
	No restrictions on capital repatriation
	Industry Benefits
	Unique World wide centre
	Industry Clustering
	Purpose built infrastructure
	World class security systems
	Preferential freight rates
	Regulated environment

Gold & Precious Metals:
Dubai, a significant entry port for the Arab Gulf States, Iran, the Indian Subcontinent and Africa, has long been an important regional centre for the bullion market. Much of world demand for gold emanates from India and East Asian Countries. Dubai, with its excellent facilities, is ideally placed to channel gold (refined and manufactured in Europe) to its ultimate destination further east and beyond.DMCC plans to strengthen Dubai's position as the regional centre for bullion and precious stones business by offering improved facilities to enterprises establishing themselves under the Center's auspices.

Diamond & Colored Stones:
The Infrastructure at DMCC will accommodate every facet of the diamond business manufacturing, trade, education, certification and technology. Alliances with other members of the trade, including finance organizations and government institutions, will promote complete growth of the industry.DMCC is working towards the establishment of the Dubai Diamond Exchange and seeking membership of the World Federation of Diamond Bourses, to facilitate the trading of rough diamonds locally.

Diamond facilities will include:

	Dubai Diamond Exchange with anticipated membership of the World Federation of Diamond Bourses
	Facilitating the trade of rough diamonds
	Gem laboratories to ensure quality and certification

Facilities offered	Retail outlets (288 Sq. ft)	Pre-built Manufacturing unit (1000 Sq. Ft)	Show rooms (6500 sq. ft – 9,300 Sq. ft)	Office units (740 Sq. ft-2,300 Sq. ft)
Rental Per annum	US$ 68.20 Per Sq. foot (AED 250) plus service charges	US$ 84.55 per Sq. foot (AED 310)	US$ 49.30 per Sq. Ft (AED 180)Plus service charges	US$ 41 per Sq. foot (AED 150)
Lease period	One year, annually renewable	One year, annually renewable	One year, annually renewable	One year, annually renewable
Possible legal entities	Branch of a foreign company (Including offshore company	Branch of a UAE company	FZG Single / Multiple shareholding)
Capital-cash physical	None	None	US$ 27,270 (AED 100,000)
No of shareholders	-	-	Minimum one shareholder, if more than one shareholder the capital can be divided as US$ 13,635 (AED 50,000) each
Formation fee	None	None	None
Types of license issued	Trading license	Manufacturing license
License fee	US$ 1,500 (AED 5,500)	US$ 1,500 (AED 5,500)
Business Segments	Gold and Diamond trading: Designing, Manufacturing and crafting of gold and diamond jewelries. Unlike other free zones gold and diamond park offers retail shopping facility for shoppers.
Ownership	100%
Visas	Depends on the size of the space leased
Company formation period	5- 10 days
Other info	Registration, licensing and via formalities with respect to an entity are controlled by JAFZA. Facilities of the park are managed by Emaar properties.