Read this complete article before you Start an Import and Export Business in Dubai.
Dubai, the trade hub of the Middle East, is a significant contributor to the UAE’s economic growth. The UAE imports the most foodstuffs, precious metals, machinery and equipment for trade. In recent years, Dubai has transformed itself from a tourism-driven economy into a global trading hub.
Import and export business in Dubai Requirements
You should avoid any language that could be considered offensive or blasphemous and any abbreviations if you choose to name your company after yourself.
Choose your zone:
In the UAE, you can start your import export business either on the Dubai mainland or in a free zone. This setup is typically best suited to those who import and export goods.
Apply for your license:
Either get your trading license directly from the Department of Economic Development (DED) or get it through one of the many free zones in the UAE.
Apply for any visa:
If you hold a UAE business license, you can sponsor others for their visas. This could be your spouse, parent or child, or your domestic worker who will come to work for you. The number of visas you can apply for will depend on the size of your company, the business setup and how much money you earn.
You will need to apply for the code to the customs department of the emirate you wish to set up in and provide a copy of your general trading license, a copy of your passport, and details about your trading activities.
Cost of an import export license in Dubai:
Dubai: AED 24,000 Onwards*
Ajman: Approximately AED 24,000*
Ras Al Khaimah: Approximately AED 20,000*
Sharjah: AED 23,000 Onwards*
*Figures may vary based on your business requirements and business activities.
Documents required for import-export license in Dubai:
- Submit business name options
- Passport copies of company shareholders
- Business operations document
- UAE residence visas of partners
- Passport copy and Emirates ID of local sponsor
Customs Registration in Dubai
Dubai Customs plays a vital role in the import and export sector. Once you have received your commercial trade license from the Economic Department, you must register your import and export company with Dubai Customs. Companies in Dubai are required to provide the Customs Code with each shipment.
Why choose Clever Corp for your Import-Export business setup in Dubai:
With Clever Corp, you can set up your company in Dubai with the help of a professional consultant and company Formation Consultants in Dubai. We offer tailor-made solutions for small and large companies, to provide the best solution for your Import-Export Business requirements.
Please contact us for a free consultation about the import-export license cost in Dubai.