Import License In Dubai, UAE, Is Linked To The Company's Activities Approved At Incorporation!
An import license therefore is not required every time some goods are imported into Dubai, UAE, as long as they conform to the activities of the importing company.
An experienced importer knows that it is necessary to possess a valid license for importing goods to do this business legitimately in most countries. An import license is very essential for businesses engaged in the import of goods.
There may be various opinions offered from friends or business associates that such a license may not at all be necessary if one is engaged in the import business for a temporary period. For example, if a trader is taking part in international exhibitions, but this is a wrong notion and against trade regulations. You need an import license if you are an importer of goods, in most countries.
Sometimes, the imports of many goods are under government control of respective countries. Goods such as military or paramilitary goods, technology, artworks, plants and animals, medicines and chemicals when imported require a valid license for import and many times even for export.
In the same way there is import control on certain goods to protect local industry, and a license is required to import these goods.
However, in some countries there may be exceptions depending on the potential use of a product or good or the country in question but such exceptions are very rare. It is a criminal offense to import goods that are controlled without an import license.
A valid import license enables an importer to import goods freely without any risk. Why is it mandatory to have one or what benefits are you getting?
Legally it is mandatory to have a license and the most important benefit that you get is that it helps the importer to avoid transport and processing delays that may arise due to custom regulations. Think of it as a pre-approval. In many cases such a license may also indirectly improve finances as the importer may not be required to pay clearance taxes immediately.
Certain countries promote trading schemes such as 'preferences' and 'tariff quotas' with the intent of boosting the trade of domestic products. Thereby reducing taxes on such products.
If an importer wants to take advantage of such schemes then the importer must have necessary documentation in the form of an import license.
For an importer the necessity of a proper license to do import business is very essential and mandatory too. International trade regulations are very strict and many products are heavily monitored by the respective governments.
Import duties and import taxes contribute a substantial amount to the government coffers and as such import policies in almost all the countries are strictly implemented. Importing goods without proper licenses or documents will result in significant penalties and such goods will be seized by customs and revenue authorities.
Importers should be aware that trading in certain goods such as weapons to countries under sanction without proper license is unlawful and if they do so they will invite stringent criminal action against their business.
Last updated January 18, 2009
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