Page 29 - Premier Brains Global -Doing Business in UAE (Low Res)

DOING BUSINESS in UAE

filing to be done within 15 days from the end designated zones are not treated as imports
of calender month or such date agreed with in the UAE at that time. Any good released
FTA. from the designated zone for consumption
are immediately subject to Excise tax.
Importers of Excise goods that are not Other Aspects
entered into an approved warehousing
There is also a concept of digitial tax stamps.
arrangement will be required to pay Excise
These are basically marking and encoding
tax upon importation to the Customs
to enhance product traceability from the
Authorities.
point of manufacture through to the final
point of distribution. The digital tax stamps
Excise Designated Zones scheme in the UAE requires manufacturers

Designated zones for excise tax can be and other specified parties in the supply
different from VAT and usually are similar in chain to comply with physical stamping and
terms of custom control boundary but with control requirements for the importation
the requirement of having a warehouse and trading of certain designated Excise
keeper. A designated zone is considered goods in the UAE. Currently, designated
as an area outside the territory of UAE for Excise goods are tobacco and tobacco
purposes of Excise tax. products and the digital tax stamps scheme
has been introduced on specified products
Goods that are directly imported into the within this category on a phased basis.

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