Import and export in the UAE is considered one of the most prominent and important investment activities ever. This is due to the many facilities and various benefits provided by the state in this regard. Especially if the investor establishes his own company in the free industrial zone in Dubai. During the lines of this article, we will talk about some important information about import and export in Dubai, in addition to the license related to this field. Continue reading with us to know more details.
What is an import and export license in the UAE?
A Dubai import and export license is a document required by the Dubai government for anyone who wants to operate a trading company with international trade in the region. The process of obtaining this license includes submitting an application form and submitting supporting documents such as a business plan, financial statements and other important information. After the application is approved, this license is received by the Dubai Economic Development Department (DED). Then the investor can start practicing his business legally.
Steps to obtain an import and export license
As for the steps to obtain this license, they can be summarized in the following points:
- Submit and fill out the application form for this license.
- Obtaining a commercial license.
- Conclusion of the articles of incorporation.
- Drawing and preparing the basic system.
- A copy of the investor’s passport.
- Providing an office in Dubai that meets some requirements specified by the Customs Department.
- Appoint a sponsor or local agent who will be responsible for handling all of the investor’s trading matters.
Cost of import and export license
As for the cost required to obtain this license, it ranges between approximately 4,000 and 5,000 UAE dirhams. Knowing that this cost is an estimate, meaning that the actual amount could be slightly less or more than this amount.
Tadabeer Company for Corporate Services
The team at Tadabeer Company can provide you with all the necessary information in the field of import and export. This is in addition to helping you obtain an import and export license within a short time and at the lowest possible costs. Contact us through the automated links to join our client list, to benefit from our other services, or for any inquiries about the subject of this article.
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