Gold & Jewelry Trading in International Free Zone Authority for Russian nationals
Free ZoneCommercialRegulated Activity

Gold & Jewelry Trading in IFZA

Starting From

AED 11,750

Setup Time

2 Business Days

Visa Quota

3 Visas

Location

Dubai

About Gold & Jewelry Trading

As a Russian national looking to establish a Gold & Jewelry Trading business in International Free Zone Authority, the UAE offers one of the most welcoming environments for international entrepreneurs. Russia has strong bilateral trade relations with the UAE, and thousands of Russian professionals have already successfully set up businesses across the emirates.

As a free zone entity regulated under Dubai's commercial laws, your Gold & Jewelry Trading business will benefit from most affordable dubai free zone and fast 48-hour setup. The IFZA licensing framework is designed to accommodate both start-ups and established firms, with annual licence fees starting from approximately AED 11,750.

With over two decades of experience in UAE business formation, IBA International provides end-to-end support for your gold & jewelry trading setup in IFZA. Our dedicated advisors handle the paperwork, government liaisons, and compliance requirements, so you can focus on building your business from day one.

Why IFZA for Gold & Jewelry Trading?

There are several compelling reasons why International Free Zone Authority continues to attract gold & jewelry trading entrepreneurs from around the world.

The jurisdiction offers most affordable dubai free zone, which is particularly valuable for gold & jewelry trading operations. Additionally, fast 48-hour setup ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 3,500 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 3 residency visas, with options to increase this number as your team grows. 100% foreign ownership further enhances the appeal of IFZA for gold & jewelry trading professionals. Furthermore, no currency restrictions positions your gold & jewelry trading business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, IFZA remains an excellent choice for both start-ups and established commercial enterprises looking to expand into the Middle East and North Africa region.

For Russian nationals specifically, the Dubai government has fostered a business-friendly environment with streamlined processes that cater to the large Russian business community.

Most affordable Dubai free zone
Fast 48-hour setup
100% foreign ownership
No currency restrictions
Multiple activities on one licence

Visa Requirements for Russian Nationals

For Russian entrepreneurs, the visa process works as follows: Russian nationals can obtain a UAE visa on arrival for 90 days. For business purposes, a proper residence visa is recommended. IBA handles the complete immigration procedure — from entry permit to residence visa stamping — so you can focus on launching your gold & jewelry trading business in IFZA.

Banking for Russian Business Owners

Opening a corporate bank account for your gold & jewelry trading company in IFZA: Russian entrepreneurs may face additional compliance requirements due to international regulations. IBA assists with proper documentation and bank selection. IBA has established relationships with major UAE banks and will personally introduce you to relationship managers who understand Russian business structures.

Document Attestation for Russian Nationals

Document attestation for Russian nationals involves: (1) Notarisation in Russia, (2) Attestation by Russian Ministry of Foreign Affairs / Apostille, (3) UAE Embassy attestation in Dubai. IBA provides a complete attestation checklist specific to gold & jewelry trading businesses to ensure nothing is missed.

Requirements & Documents

1Valid Russia passport (minimum 6 months validity)
2Documents attested by Russian Ministry of Foreign Affairs / Apostille
3UAE Embassy attestation from Abu Dhabi
4Passport copies of all shareholders and directors (valid for at least 6 months)
5Passport-sized photographs with white background
6Professional qualification certificates or approvals from DMCC
7Detailed business plan or activity description
8Relevant industry experience documentation

Regulatory Note: Gold & Jewelry Trading is a regulated activity in the UAE. Additional approval from DMCC is required. IBA can guide you through the full regulatory process.

Cost Breakdown

ItemCost (AED)
License Fee11,750
Visa Package (per visa)3,500
Flexi Desk3,500
Shared Office8,000
Private Office18,000
Estimated Total (Year 1)From AED 18,750

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

1

Consultation

Free consultation with IBA to discuss your gold & jewelry trading business plan and the best IFZA licence options for Russian nationals.

2

Document Preparation

Prepare and attest all required documents from Russia through Russian Ministry of Foreign Affairs / Apostille and the UAE Embassy.

3

Licence Application

Submit the gold & jewelry trading licence application to IFZA. IBA handles all paperwork and government interactions.

4

Trade Licence Issued

Receive your official IFZA trade licence within 2–5 business days.

5

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. Russian nationals can obtain a UAE visa on arrival for 90 days.

6

Bank Account

Open a corporate bank account. Russian entrepreneurs may face additional compliance requirements due to international regulations.

7

Start Operations

Your gold & jewelry trading business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 2 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. IFZA allows 100% foreign ownership for all nationalities, including Russian nationals. No local sponsor or partner is required.

Get Started Today

Ready to set up your gold & jewelry trading in IFZA? Our team is here to help.

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Quick Facts

JurisdictionIFZA
TypeFree Zone
EmirateDubai
License FeeAED 11,750
Setup Time2 days
Visa Quota3
Activity Code46600

Official Source

www.ifza.com

By IBA Business Setup Team

Last updated: 26 February 2026

International Business Advisors DMCC has been helping entrepreneurs set up businesses in the UAE since 2004, with 20+ years of hands-on expertise.

Ready to Start Your Gold & Jewelry Trading?

Get a personalised quote for setting up your gold & jewelry trading in IFZA. Our advisors are ready to guide you through every step.