Gold & Jewelry Trading in RAKEZ
Starting From
AED 7,500
Setup Time
3 Business Days
Visa Quota
3 Visas
Location
Ras Al Khaimah
About Gold & Jewelry Trading
As an Iranian national looking to establish a Gold & Jewelry Trading business in Ras Al Khaimah Economic Zone, the UAE offers one of the most welcoming environments for international entrepreneurs. Iran has strong bilateral trade relations with the UAE, and thousands of Iranian professionals have already successfully set up businesses across the emirates.
As a free zone entity regulated under Ras Al Khaimah's commercial laws, your Gold & Jewelry Trading business will benefit from cost-effective licensing and industrial and commercial zones. The RAKEZ licensing framework is designed to accommodate both start-ups and established firms, with annual licence fees starting from approximately AED 7,500.
With over two decades of experience in UAE business formation, IBA International provides end-to-end support for your gold & jewelry trading setup in RAKEZ. Our dedicated advisors handle the paperwork, government liaisons, and compliance requirements, so you can focus on building your business from day one.
Why RAKEZ for Gold & Jewelry Trading?
There are several compelling reasons why Ras Al Khaimah Economic Zone continues to attract gold & jewelry trading entrepreneurs from around the world.
The jurisdiction offers cost-effective licensing, which is particularly valuable for gold & jewelry trading operations. Additionally, industrial and commercial zones 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 3,000 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 RAKEZ for gold & jewelry trading professionals. Furthermore, gateway to northern emirates positions your gold & jewelry trading business for long-term success in the region. With Ras Al Khaimah continuing to invest in infrastructure and business-friendly regulation, RAKEZ remains an excellent choice for both start-ups and established commercial enterprises looking to expand into the Middle East and North Africa region.
For Iranian nationals specifically, the Ras Al Khaimah government has fostered a business-friendly environment with streamlined processes that cater to the large Iranian business community.
Visa Requirements for Iranian Nationals
Banking for Iranian Business Owners
Document Attestation for Iranian Nationals
Requirements & Documents
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
| Item | Cost (AED) |
|---|---|
| License Fee | 7,500 |
| Visa Package (per visa) | 3,700 |
| Flexi Desk | 3,000 |
| Shared Office | 7,000 |
| Private Office | 15,000 |
| Estimated Total (Year 1) | From AED 14,200 |
* Costs are indicative and subject to change. Contact IBA for a personalised quote.
Setup Timeline
Consultation
Free consultation with IBA to discuss your gold & jewelry trading business plan and the best RAKEZ licence options for Iranian nationals.
Document Preparation
Prepare and attest all required documents from Iran through Iranian Ministry of Foreign Affairs and the UAE Embassy.
Licence Application
Submit the gold & jewelry trading licence application to RAKEZ. IBA handles all paperwork and government interactions.
Trade Licence Issued
Receive your official RAKEZ trade licence within 3–6 business days.
Visa Processing
Process your UAE residence visa, Emirates ID, and medical fitness. Iranian nationals require a pre-arranged UAE visa.
Bank Account
Open a corporate bank account. Iranian entrepreneurs may face additional due diligence requirements.
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: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.
Frequently Asked Questions
Yes. RAKEZ allows 100% foreign ownership for all nationalities, including Iranian nationals. No local sponsor or partner is required.
Gold & Jewelry Trading in Other Jurisdictions
Get Started Today
Ready to set up your gold & jewelry trading in RAKEZ? Our team is here to help.
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Official Source
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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?
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