One of the noticeable business directions in UAE is gold trading, diamonds trading and other commodities trading (exchange listed products like oil and oil products, colored metals, grain, industrial raw materials, textile raw materials, food products etc.)
The business activities of such companies can be performed inside UAE as well as abroad. What is very important – independently from the type of activity – inside or outside of the country – the tax treatment of these companies remains the same.
The most suitable type of company for trading with gold, diamonds and other commodities (exchange listed products) in Dubai, UAE is the company in the Free Trade Zone DMCC.
The costs of such company depend on the number of product commodities categories as well as the required number of residency visas for company’s shareholders and employees.