- UAE adopts 12-digit customs tariff codes effective January 1, 2025
- New system aligns with international best practices
- Provides greater detail in product classification
- Streamlines customs clearance procedures
- Minimizes delays and supports compliance with global trade regulations
- Businesses benefit from more precise duty calculations
- Companies need to update internal systems and documentation
- Staff require training on the updated classification system
- Companies should evaluate the impact on supply chains, cost structures, and trade operations
- Companies are encouraged to prepare for the transition
Source: mailchi.mp
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.
Latest Posts in "United Arab Emirates"
- UAE Publishes E-Invoicing Obligations and Timelines for B2B and B2G Transactions
- UAE e-Invoicing: Two 2025 Ministerial Decisions Set Scope, Duties, and a Phased Timeline
- UAE Unveils Phased Implementation of National E-Invoicing System
- UAE Introduces E-Invoicing System: Framework, Scope, and Phased Implementation Starting July 2026
- UAE MOF Announces Nationwide E-Invoicing System Framework and Implementation Schedule for B2B and B2G Transactions
