Customs Exemption Advisory

The UAE has many free zones and ports that exempt imports from paying customs duties. If items are imported temporarily, for processing and re-export, or in some situations, for retention within the Gulf Cooperation Council, businesses can save on customs tax and import Value Added Tax (VAT) (GCC). This holds true for bonded zones, bonded warehouses, and customs storage facilities that postpone collecting import VAT and duty payments until after items depart such facilities. In such circumstances, no payment is required for products that are later exported beyond the GCC.

If a company has a Primary Approval Certificate or an Industrial Licensing Certificate, it can use the customs exemption facilities. Such a customs exemption can assist businesses in assessing alternative and more affordable sources for sourcing goods from outside the UAE.

You can get professional advice on effectively controlling your import-export costs from Bestfolio. Our depth of industry knowledge aids in the effective structuring of your international transactions. By giving you advice on all relevant exemptions, we can help you optimize your worldwide supply chain.