Import Export Business In Dubai – Dubai is undoubtedly one of the fastest growing economies in the world and consequently an ideal business hub. Well connected to the rest of the world by both sea and air, the UAE is just an 8-hour flight away from two-thirds of the world’s population. Among the many business opportunities available in Dubai, import-export business is the most important. According to the records of the last few years, having an import-export business in Dubai is a very profitable venture.
Along with modern and enterprise-friendly infrastructure, the UAE’s unique geographical location makes it highly ideal for setting up an export and import business. To further boost the import-export business in Dubai, the government has launched several schemes. Chief among them are e-services, which companies can use to manage the import and export of goods.
Import Export Business In Dubai
The first step in starting an export-import business in Dubai is to obtain a trading or general trading license from the relevant license issuing authorities. A trading license allows you to import and export products. After issuing the trading license you will also need to register with the Dubai Customs Department. However, if you plan to import or export goods falling under a special or restricted category, you will need to obtain a special license from the concerned government office. This includes Gold Trading Approval from Dubai Police, Chemical Trading Approval from Dubai Narcotics Department, Foodstuffs Approval from Dubai Municipality etc.
Types Of Import Export Business In India
All the above processes may appear relatively easy on paper, but in reality, it takes a lot of time and skill to complete them without errors. Helps you with all the above processes and makes your life easier so that you can focus on running your core business rather than the government liaison process.
How much does import-export business license cost in Dubai? The cost of import/export business license is as follows:
To start an import-export business in Dubai, you need to obtain a trading license in Dubai and register your import-export company in Dubai. The application should be submitted to the Department of Economic Development (DED). The following documents are required to be submitted:-
One of the leading business setup consultancy firms in UAE. We offer end-to-end customized solutions for Business Setup, Corporate PRO Services, Bookkeeping – Accountancy, Tax Compliance & Advisory, Audit – Assurance & Corporate Office Space in UAE. What gives us an edge over other business service providers in the UAE is that we implement our services in accordance with internationally adopted practices as we provide handholding across complex jurisdictions.
Import Export Business: Start An Import Export Company In Dubai
Contact & let our experts guide you through setting up and licensing your export-import business in the UAE. Call/WhatsApp: +971 50 3989000, (T): +971 4 240 5000, Email: info@.
Provides its customers with the most authentic and efficient consultation for setting up a business in Dubai and is well aware of the advantages of Dubai’s strategic geographical location. It plays a very important role in import export business in Dubai. Well connected to ports and airways, the Emirates is just a five-hour drive from most countries in the world. Due to its organized location, Dubai builds a natural bridge for the import and export of general goods and commodities from Africa, Europe, Asia and the Middle East.
Dubai’s important partners for imports are India, Japan, Singapore, Thailand and South Korea. However, the important partners for export are US, UK, Germany, France and Italy. Being a logistics hub, many entrepreneurs prefer to do business in Dubai. If you are one of them, read the blog further to help you streamline and fast track the registration process of your import export business in Dubai.
Expatriates are given the option of starting an import-export business in Dubai either on the mainland or in a free zone. To start your business operations you must follow the given steps:
Import Export Business To Start In Dubai
Note that you do not have to pay any customs duty for all import/export to and from the free zone. However, import/export companies in free zones have to adhere to certain strict guidelines set by the free zone authorities.
To import or export goods to and from Dubai, you must submit the following documents to Dubai Customs:
Starting an import-export business in Dubai is not very expensive. There aren’t many costs, however, there are a few things you must consider before applying for your import-export license. The first is the cost of your trade license. To give an example: the cost of a trading license with a visa and additional co-working facility is somewhere around AED 25,500.
If you want to import goods to sell to Dubai’s local market, you need to consider tax. If any of your goods go from the free zone to any local market in Dubai for sale, you will have to pay 5% duty only on certain specified goods.
How To Setup Import And Export Businesses In Dubai
If you want to start an import-export business in Dubai, Business Setup will help you. Expert business consultants are experienced with various types of business setups in Dubai. They guide you to prepare a plan for your business, help you decide on business activities, collect all the documents and get your license at the lowest possible costs. All you have to do is get in touch with us and we will take care of the rest. Import export business in Dubai is a very profitable business and one of the best ways to earn money. If you want to start your own import and export business, you need to know how to start an import export business in Dubai without any legal issues.
The country is one of the most important import and export hubs in the world. It has a free trade economy, with no tariffs or quotas on imports. The country’s major exports are petroleum products, chemicals and textiles. Importing goods into Dubai is expensive due to labor and shipping costs. There are many companies that offer import services in Dubai, but it is important to find a company that understands your needs and can provide quality service at an affordable price.
Importing goods into Dubai is easy. You need to have an import license from the government and you can get your goods from anywhere in the world and ship them to Dubai. For example, if you want to import some electronics from China, you must first apply for an import license from the Dubai government. You can ship your goods to Dubai through any shipping company that deals with imports into this country. Exporting goods from Dubai is not too difficult either, as there are many shipping companies that operate here one day or the other depending on how often they need to move their ships to different ports around the world every day or week. Here we are, it is very easy for us too but sometimes there may be delay in getting our products out
As a business owner, you probably not only sell products or services, but also buy and sell from other sellers. This means that your import-export business needs a solid understanding of foreign exchange. Here is a list of some important types of DED commercial activities categorized.
How To Start An Export And Import Business In Dubai
Finally, as per Dubai government authority, import-export business license fee starts from 13,000 AED. Add approvals and trade name reservations and all costs add up.
We have expertise in the field of business setup consultancy and are known for customizing services as per the requirements of our clients. We provide expert advice on all matters related to business setups in the UAE as our team consists of experienced and qualified professionals who are well versed with the laws and regulations governing business setups in the UAE. We provide you with all the necessary documentation, take care of all the legal formalities and ensure that your business license is granted as soon as possible. Our team offers you services like company registration, visa processing, opening bank accounts, incorporation etc. Import and export business has been around for centuries. It is an industry that provides demand and supply of goods and commodities across jurisdictions and countries. Hence, import export business licenses are highly sought after. An import is a product or commodity brought from one country to another. It is an export in the sending country. An export is a product or commodity sent or transferred to another country. It is an import in the receiving country. This exchange of goods and commodities is also known as international trade.
International trade has played an important role in shaping the economy of the UAE. Its stable trade relations with many countries around the world and its support for open trade have made the UAE a key hub for international trade. This