- UAE announces fees on international imports in 2023
- Importers must have their commercial invoices attested by the Ministry of Foreign Affairs and International Cooperation (MoFAIC)
- Importers are encouraged to establish an account on MoFAIC’s EDAS portal for streamlined attestation process
- Linking of commercial invoices to customs declaration through the EDAS portal is required
- Failure to adhere to the requirement will result in a fine of 500 AED
- Importers must complete attestation and linking process within 14 days
- Non-compliance carries the risk of financial penalties and disruptions to import operations
- Exemptions include personal imports, goods from Gulf Cooperation Council countries, and free zones
- Companies should review import processes and educate supply chain personnel
- Concerns about trade-based money laundering and the need for authorities to combat such activities
Source: nrdoshi.ae
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
