img

UAE- Federal Tax Authority clarifies import procedures for non-registered businesses

(MENAFN - Emirates News Agency (WAM))

DUBAI,13th January, 2018 (WAM) -- The Federal Tax Authority, FTA, has clarified the import procedures for non-registered businesses, adopting the e-Dirham system for payments and e-Guarantee to provide guarantees, in order to ease processes for non-registered importers.

Non-registered businesses wishing to import are required to follow standard customs procedures and pay VAT in one of the following methods by completing a declaration (Form VAT301 – Import Declaration Form for VAT Payment) and paying via e-Dirham (with an e-Dirham or other credit card) via the eServices portal on the FTA website (eservices.tax.gov.ae); via a clearing company approved by the FTA at the port of entry; via a freight forwarder approved by the FTA; or via the courier company that delivers the goods to the said importer.

When importing for re-export, transit or temporary admission, non-registered businesses are required to follow standard customs procedures, in addition to providing a guarantee for the tax due on the imported goods in question, which can be done by entering the previously obtained e-Guarantee reference number on the e-Services portal; via a clearing company approved by the FTA at the port of entry; or via a freight forwarder approved by the FTA.

For more information, please visit the FTA website: www.tax.gov.ae

WAM/Rasha Abubaker

MENAFN1301201800610000ID1096346485