![]() Apply for your license: For mainland setups, you may apply directly to the Department of Economic Development (DED) or municipality in your chosen emirate or if you’re choosing a free zone then you would go to that particular zone’s managing authority. However, you will need to take some extra steps if you ever wish to trade directly with the local UAE market – a company formation specialist can talk you through this process (a mainland setup does immediately allow you to trade directly with the UAE markets.)Ĥ. You can also repatriate all capital and profits. In addition, free zones offer 100% exemption from all import and export taxes as well as no currency restrictions. Thanks to the excellent locations of the free zones (with direct links to ports, airports and highways) this is often the best option. Choose a setup: You can start your import-export business either on the Dubai mainland or in a UAE free zone. Of course you will also need to ensure your chosen company name is still available for you to register.ģ. So John Smith Trading is fine, but J Smith Trading is not. If you’re naming your company after yourself, ensure that you don’t abbreviate your name. You must avoid any name that is already held by a well-known organisation. Essentially, you must avoid any language that could be seen as offensive or blasphemous. Choose a company name: The UAE is fairly strict when it comes to naming companies, so it’s important to be aware of the regulations. To make sure everything here is clear and compliant, it’s worth bringing in the services of a company formation specialist.Ģ. Either way, it’s important you ensure your chosen activity aligns exactly with the business activity you are going to undertake. Other popular options include anything from jewellery to beauty products – all the way to parts for automobiles and aircraft. You may want a general trading license which would enable you to trade in unrelated goods. Decide on your trading activity: The primary decision is deciding exactly what you want to trade as this will impact the exact type of license you will need. Let’s break down how you go about obtaining your import-export license for Dubai, UAE.ġ. Steps to start an import-export business in Dubai, UAE We’ll look later at the many benefits of the country’s free zones, as well as the mainland option. Working with a company formation specialist such as Creative Zone means you can be up and running quickly – while ensuring you remain compliant. One of the main draws for the import-export business entrepreneur in the UAE is the ease of setup. When it comes to imports, China, India, the US, Japan and Germany rank highest. The main destinations for UAE exports are Saudi Arabia, India, Iraq, Switzerland, Oman and China. In terms of import of goods, the figure was USD 267.9 billion (and USD 72.7 billion for imported services.) ![]() ![]() The World Trade Organisation (WTO) notes that in 2019 the UAE exported USD 315.9 billion worth of goods (and USD 72.5 billion of services). Beyond that, Dubai and the UAE is well known globally as a business hub, drawing investment from around the world. It also has a well-established road network throughout. Let’s start with location – the UAE connects to Africa, Asia and Europe, and it has major international airports and seaports. Documents required for an import-export license in Dubai, UAEīenefits of starting an import-export business in Dubai, UAE.Cost of an import-export license in Dubai, UAE.Steps to start an import export business in Dubai, UAE.Benefits of starting an import export business in Dubai, UAE.In this article we’ll look at what you need to know to get started, and we’ll also cover the all-important import-export license cost in Dubai. On top of that, it has world-leading transport hubs allowing easy movement of goods in and out. It’s literally situated at the crossroads of the world, with easy access to the continents of Asia, Africa, and Europe. There are a huge number of reasons why you might want to carry out import and export in Dubai. Sharjah Publishing City Free Zone (SPC).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |