Smart Zones® - Your UAE Entry Partner
Business • Residency • Banking • Wealth • Investment
Smart Zones® - Your UAE Entry Partner
Business • Residency • Banking • Wealth • Investment
Diamond Trading Business Setup, Dubai, UAE
DMCC, Dubai Gold and Diamond Park or mainland, plus Kimberley Process and AML compliance, handled end to end.
Free, no-obligation consultation on jurisdiction and compliance.
Dubai's two dedicated diamond trading jurisdictions are DMCC, home to the Dubai Diamond Exchange, and the Dubai Gold and Diamond Park free zone, with a Dubai mainland licence also possible for retail-facing trade. Setup costs vary by jurisdiction, office type and activity scope, contact our team for a tailored quote. Rough diamond trading must comply with the Kimberley Process Certification Scheme, and dealers above the relevant threshold must register as a Dealer in Precious Metals and Stones (DPMS) and report through the goAML platform under UAE anti-money-laundering law.
Why It Matters
Dubai handles a significant share of the world's rough and polished diamond trade, anchored by the Dubai Diamond Exchange inside DMCC and the Dubai Gold and Diamond Park free zone. Strong logistics, 0% import duty on rough diamonds, and full Kimberley Process compliance make it a trusted base for traders, cutters, polishers and jewellery manufacturers, provided your licence, jurisdiction and anti-money-laundering registrations are set up correctly from day one.
Choosing Your Jurisdiction
The region's leading diamond trading floor, suited to wholesale rough and polished diamond trading, tenders and international exchange membership.
A free zone built for manufacturing, wholesale and retail of diamonds and jewellery, with showroom and workshop facilities on site.
A DET trade licence suits businesses that want to sell directly to UAE retail customers or hold multiple branches across the emirate.
The UAE is a full KP participant and held the 2025 KP Chair, so all rough diamond shipments require valid KP certificates.
Dealers in Precious Metals and Stones above the relevant cash threshold must register with the Ministry of Economy and report via goAML.
Rough diamonds enter the UAE duty-free, supporting Dubai's position as a global cutting, polishing and re-export hub.
Before You Apply
Confirm DMCC, Dubai Gold and Diamond Park, or mainland fits your trading model.
Confirm rough trading, polished trading, manufacturing or retail activities on your licence.
Confirm office, showroom or vault requirements for holding physical stock.
Confirm KP certification needs and DPMS/goAML registration before you trade.
Getting Started
Decide between DMCC, Dubai Gold and Diamond Park, or Dubai mainland.
Submit your preferred company name for approval.
File your trading licence application with supporting documents.
Confirm your premises package for licence issuance.
If trading rough diamonds, register for Kimberley Process certificate issuance.
Register as a Dealer in Precious Metals and Stones where the AML threshold applies.
Set up banking once your licence is issued.
Begin operating once all approvals and registrations are in place.
Budgeting
| Item | Detail |
|---|---|
| Typical setup range | Varies by jurisdiction, office requirement and activity scope, contact us for a tailored quote |
| Jurisdictions | DMCC, Dubai Gold and Diamond Park, or Dubai mainland (DET) |
| Kimberley Process | Required for rough diamond import/export certification |
| AML compliance | DPMS registration and goAML reporting above the relevant threshold |
| Import duty on rough diamonds | 0% |
| Nationality requirement | Open to any nationality, 100% foreign ownership available |
*Costs vary by jurisdiction, licence type, activity and visa requirements. Contact Smart Zones® UAE for a current, tailored quote.
Our Story
Smart Zones® UAE has helped more than 45,000 clients worldwide set up, relocate and protect their interests across the UAE, backed by 13+ years of experience in company formation, residency, banking and family trust formation.
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The trust formation process was seamless from start to finish. Highly recommend Smart Zones UAE.
Professional, transparent, and fast. Exactly what I needed for my family's estate planning.
Clear guidance throughout and no hidden costs. Would use them again.
Responsive team and a genuinely smooth setup process from our first call to licence in hand.
Handled everything remotely for us with zero surprises on cost. Would use them again without hesitation.
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Smart Zones® - Your UAE Entry Partner
Business • Residency • Banking • Wealth • Investment