- September 13, 2020
- Posted by: DBS Editorial Team
- Categories: Company Formation in Dubai, Incorporation in Dubai
Steps to setup an import and export business in Dubai
Setting up an import and export business in Dubai can difficult without the apt knowledge and understanding. To open a Dubai import export business there are a set of procedures that need to be followed step-by-step.
In this article, the most basic steps involved to setup an import and export company are mentioned. You may choose to directly speak with an expert and get customised advice for yourself by clicking this link – Book A Free Appointment or meanwhile, simply follow the steps below:
Here are the steps to setup an import and export business in Dubai:
Step 1 – Apply for a Trade License
To start a company that imports and exports, firstly you will require a trade license and will have to register the import and export company in Dubai with the Department of Economic Development (DED).
The documents required to get a trade license for an import and export business in Dubai are as follows:
- Submit the licensing application to the DED for company registration
- Notarize the company’s Memorandum of Association (MOA).
- Submit the specified paperwork as cited by the DED
- Rental agreement & Ejari
- Pay the fees and procure the trade license.
Step 2 – Rent a warehouse / space
Business related to import and export in Dubai needs you to have a physical presence. Hence, you may need to rent an office space or warehouse to stack your imports or exports. Also, the DED together with the Dubai Municipality mandates certain norms looking on the commodities you will be importing or exporting in Dubai. Renting of the office or warehouse takes place simultaneously while applying for the trade license. As only after submitting the rental documents the trade license for import and export in Dubai is issued.
Step 3 – Dubai Trade and Dubai Customs
The governmental bodies such as the Dubai Trade and the Dubai Customs plays an important role if you are wanting to setup an import and export business in Dubai. You need to take both these authorities into consideration from the initial stage. You will have to register your business with the authorities. The registration process is done online and is simple. However, the Dubai Customs may ask for documentation and paperwork depending on the type of commodities you are importing and exporting.
Step 4 – Added Factors
There are a few added factors that you may have to be aware of considering the commodity you would be importing or exporting. Before you setup your import and export business in Dubai. Get quotes from the Dubai Chambers of Commerce; plan the distribution and warehousing of the commodities; finalise the freight brokerage service provider or collaborate with a Dubai Import Export agent. These are not the only added factors that you may have to take an account of! Every import and export company may have certain exclusivity. Hence, being advised by an expert is a great way to get started!
Get in touch with an expert:
So, if you would like to know what other documents would your business require or what is the Dubai import export license fees, simple reach out to us! We at DBS Business Setup assist you through all the steps of setting up an import and export business in Dubai.
DBS Business Setup is the best business setup providers in UAE offering business setup solution to numerous industries and commercial activities including import and export in Dubai and other parts of UAE. To book a free consultation contact DBS Business Setup today!
Call us on +97145667485 or WhatsApp us on +971551129344. You may also follow this link https://www.dubaibusinessservices.com/contact-us/ to connect with a business setup consultant right away!