Dubai, UAE is the business destination for all business investors. The UAE has raised the rate of export and import business. It is the leader of the market for petroleum and crude-oil refineries in the world but is also known to import goods like equipment and machinery, food products, etc. The UAE implements the economic diversification strategy to attract investors and entrepreneurs from around the world. The business set-up scenario for the investors in the Emirates is quite encouraging.
License for Export and Import
If you are an entrepreneur looking to set up a business company in the UAE, you are required to get approval from the relevant authorities, which necessitates that you are ready with various documentation. With its world-class infrastructure and connectivity, and ease of obtaining the license for business, UAE, Dubai is an alluring prospect for the businessmen.
If you are into import and export business in the UAE, getting permission from the Customs registration is the first and foremost thing to do. If you can find a free zone to set up your business in the UAE, you need not pay customs duty. Getting a license for your import and export business from the license issuing authority in the UAE is the next important task. This necessitates that you carry out a valid registration process with the customs registration. Without valid consent, you cannot float your business in the UAE.
The following lists the procedure to obtain export and import license. This is quite simple and straightforward. Our advisors are here to help you set up your trade business and procure an export and import license.
Export and Import Business License
A license for your Import and export operations provides validity to your business.
- Contact the appropriate emirate where you are interested in carrying out your business to initiate the process of license issuance.
- Besides approval of the license, permission from the custom registration is also required.
- The license approval is carried out by the Department of Economic Development or the DED.
- You as a trader having obtained the license of approval for import and export shall have to obtain custom codes for the same.
- This license allows you authority to carry your trade in the UAE.