Shuraa Business Setup

Dubai Free Zones: Import and Export Procedures

Dubai is the hub of major economic activities in the Middle East. Businessowners from all over the world have shown interest in expanding their footprint to this international city. Conducting business in the UAE allows you to trade efficiently in global markets. The Dubai free zones attract entrepreneurs as they allow 100% expat ownership, don’t levy corporate tax or customs duty on import and export of goods. Moreover, the goods are allowed to be stored for an unlimited time.

In the UAE, free zones are a part of the country’s physical territories but considered to be outside the jurisdiction of customs control. Therefore, import refers to getting goods into the country from abroad or from one of the UAE free zones to mainland, as well as vice versa, whereby goods are brought into the free zone from an onshore location within the country. Similarly, exporting refers to sending goods or services produced domestically to another countries, or between a UAE free zone and a mainland region. However, the licensing aspects require trading companies to follow legal procedures for licensing, documentation, and permissions.

If you have a free zone company or are thinking of getting a Dubai free zone license, read on to learn about the import and export procedures in Dubai free zones.

Importing and exporting in Dubai free zones

Business setup in Dubai free zones are popular because of the simplified process of company formation as well as quick processing of trade license. The major regions – the Dubai Airport Free Zone, Jebel Ali Free Zone, Sharjah Airport International Free Zone – have access to the airports which allows them to transfer their goods easily, Customs Department offices, warehousing facilities, quick issuance of trade license, and other services to support their business.

Other prominent free zones are Ras Al Khaimah Economic Zone (RAKEZ), International Free Zone Authority (IFZA), Sharjah Media City (Shams), Dubai Multi Commodities Centre (DMCC) and Dubai South.

Suppose your trading company is registered under a Dubai free zone license, you can seamlessly boost your economic activities such as trading and shipping of goods by making the most of the free zone jurisdictions. The goods imported into the UAE from its free zones are monitored by several factors, including the type and validity of the free zone license.

General provisions for trading companies in the free zone:

Importing into free zones

To become an importer, you need to have a valid UAE trade license and register with the Customs Department. Other papers you will require include:

Exporting from free zones

Exporting goods to the international market from the UAE plays a vital role in global trade. Thus, the export procedures are comparatively simple. You have to make sure that all the documents required by the Customs Office is in place and sent to them well in advance. Below are the papers needed for exporting:

If you are looking for a Dubai free zone company setup or a free zone license, what better way to do it than consult with Shuraa Business Setup. To book a free consultation with Shuraa’s free zone company formation specialist, call +971 44081900 or send a WhatsApp to +971 50 777 5554 or simply drop an email at info@shuraa.com.



Exit mobile version