Dubai is one of the most successful hubs for international trade in Europe and Asia. Its strategic location serves imports exports on a large scale. Dubai’s geographical location is a world-class infrastructure and makes it one of the best location to start an export-import company in here.
Procedure to start an export-import company in Dubai
To set up the export-import business you first have to obtain a license. In order to get the license one has to register itself with the customs office in Dubai
Export license:
The export license in Dubai is required when you have to trade in goods or services produced locally.
Procedure to Export:
- Submit the necessary documents to the customs office
- Pay the registration fees
- Customs declaration certificate
Documents required:
- Obtain an approved Export Declaration Certificate from the customs office
- Obtain necessary permission from the competent agencies if the commodity falls under the restricted list
- A sale invoice
Import License:
The import license is possible to get commodities into UAE. This license will permit you to be an importer and includes having a legal trade license.
Procedure to import:
- Submit the bill of lading and dues to the shipping agent. After which the shipping agent will issue a delivery order
- Complete the cargo clearance formalities
- Submit the Import Declaration Application online and pay the necessary customs duty
Documents required:
- An invoice stating the description of the number of goods and value of each item which is addressed to the importer
- Certificate of origin stating the goods has been approved by the country origin of the chamber of commerce
- A detailed description stating the documents of the weight of each product
- Import permit from the competent agency
Set up an export-import company in Dubai ith MSZ Consultancy:
Setting up an export-import company in Dubai involves various documentation and legal formalities. Consulting an expert will be an effective decision. Contact MSZ Consultancy! Our team of experts will not only help you in setting up the business but will also guide you in every process of starting a company. Get in touch with us today!
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
VAT Registration in the UAE: What You Need to Know
Are you wondering if your company needs to register for Value Added Tax? Value Added Tax, or VAT, is one of the most common types of tax around the world. More than 180 countries have implemented this tax, including the UAE. While some countries have raised their tax...
What Does Foreign Direct Investment (FDI) in the UAE Mean for Your Business?
The United Arab Emirates is known around the world for its business-friendly environment. Over the years, the country has put new rules and regulations into place to attract foreign investors, and it has paid off big time! Switzerland, the United Kingdom, India, the...
Top 10 Profitable Business Ideas in UAE for 2021
There’s no doubt that the pandemic has impacted the way that businesses operate. Business owners in Dubai and from all around the world had to change their structure and uncover new opportunities to succeed during the pandemic.
What Does the UAE’s New Company Ownership Rule Mean for Your Business?
Officials in the UAE are hoping for an explosion of foreign investment, that’s because they’ve revamped their company laws to allow foreign investors to fully own local companies without the need of an Emirati sponsor. This is a huge deal for foreign entrepreneurs!
How Can I Become a Travel Agent in Dubai?
If you’re thinking of starting a business in Dubai, you can’t go wrong with a travel agency. The tourism industry is booming due to the popular shopping spots, stunning architecture, dining,
Women Entrepreneurship In The UAE
If you’re a female entrepreneur, the United Arab Emirates is the place to be. That’s because the country offers greater gender equality than any other country in the region. And women entrepreneurs are noticing because now, more than ever before, women are taking...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news