Customs Exemption Advisory
Customs Exemption Advisory
There are numerous Free Zones and ports in the United Arab Emirates that grant import duty-free status. If items are temporarily imported, processed, and then reexported, or in some situations, retained within the Gulf Cooperation Council (GCC), businesses can save on customs tax and import Value Added Tax (VAT). This also applies to bond warehouses, customs storage, and bonded zones, which postpone paying import VAT and duties until after items depart from those locations. In these situations, products that are later reexported outside of the GCC are not subject to payment.
If a company has an Industrial Licensing Certificate or Primary Approval Certificate, it can take advantage of customs exemption facilities. Such a customs exemption can assist businesses in assessing more affordable and alternative options for obtaining goods from outside the United Arab Emirates.
You get professional advice on effectively controlling your import-export expenses when you work with GST Corporate Services. Our extensive industry experience enables us to effectively organize your international transactions. We can advise you on all relevant exemptions so that your global supply chain is optimized.
If a company has an Industrial Licensing Certificate or Primary Approval Certificate, it can take advantage of customs exemption facilities. Such a customs exemption can assist businesses in assessing more affordable and alternative options for obtaining goods from outside the United Arab Emirates.
You get professional advice on effectively controlling your import-export expenses when you work with GST Corporate Services. Our extensive industry experience enables us to effectively organize your international transactions. We can advise you on all relevant exemptions so that your global supply chain is optimized.
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