Gold Refinery License | My Business Setup

Gold Refinery License: Cost, Requirements, Documents

Content reviewed by My Business Setup Team, Business Setup Specialists.

A Gold Refinery License in UAE is a specialist industrial setup and should be planned around compliance, facility requirements, and operating model first. The bigger question is not only company formation. It is whether the site, process, approvals, technical controls, and commercial model actually fit refinery activity from the start. This type of business usually has a much heavier setup path than a standard commercial or service license.

Category Industrial
Jurisdiction Depends on activity
Office Depends on authority
Visa Based on office allocation
Timeline Varies by approvals
Cost Case dependent

Who Should Consider a Gold Refinery License?

  • Lean founders validating demand
  • SMEs expanding services or adding a new revenue line
  • Operators formalizing existing work under a UAE entity

What You Can and Cannot Do

Gold refinery scope should be checked carefully against the actual refining, processing, sourcing, storage, and trading model. Industrial, metals, and compliance-related requirements may extend well beyond the trade license itself.

Jump to Documents or FAQs.

Cost & Timeline (What Affects the Price)

Budget should account for licensing, industrial premises, equipment, approvals, staffing, and compliance controls linked to precious-metals operations. Formation cost is only one part of the total setup requirement.

Good to know

  • 100% foreign ownership available
  • Flexi/shared office keeps overhead low
  • Visa quota scales with office size

Watch out

  • Choosing the wrong jurisdiction for your sales model
  • Under-budgeting immigration items (establishment card, visas)
  • Missing activity-specific technical approvals

How to Get Started

  1. Choose jurisdiction (Mainland vs Free Zone)
  2. Reserve trade name & obtain initial approval
  3. Confirm office allocation (flexi/shared vs Ejari)
  4. Issue license & process establishment card and visas
  5. Medical & Emirates ID, then start operations

Documents Checklist

  • Passport copy & recent photo of each shareholder
  • Current visa/entry status
  • 2 to 3 preferred trade names
  • Brief scope & staffing plan

Gold Refinery License FAQs

Is a physical office mandatory for Gold Refinery License?

Many Free Zones allow flexi/shared packages. Mainland may require Ejari depending on visas and the activity.

How many visas can I start with?

Commonly 1 to 4 at the start, subject to office allocation and immigration rules.

What is included in the base cost?

Trade license and core company docs. Immigration items (establishment card, status change, medical, Emirates ID) may be bundled or itemized.

Last updated: April 2026

Requirements, timelines, and fees vary by jurisdiction, office setup, and external approvals. Confirm the current structure before applying.