The course provides a comprehensive understanding of Dubai's customs regulations and procedures. It covers duty rates, valuation methods, and essential documentation for customs declarations. Participants will explore customs clearance stages, VAT implications, and the use of free zones and duty-suspended zones. The course also explains various declaration types for mainland and free zone companies, equipping professionals with the knowledge to ensure compliance and efficiency in customs operations.
Overview
Customs Procedures and Duty Rates:
- Understand Dubai's customs policies, including duty calculations (CIF value, standard rates, and exemptions) and essential documentation for customs declarations.
Clearance Processes and VAT Implications:
- Learn the stages of customs clearance, the role of VAT, and how it integrates with customs declarations.
Customs Zones and Special Cases:
- Explore duty-suspended zones, free zones, and exemptions for specific goods like diplomatic and philanthropic imports.
Declaration Types:
- Gain insights into various declaration types for mainland and free zone companies, including import/export, re-export, and temporary admissions.
The course equips participants with practical knowledge to navigate customs laws and streamline compliance with Dubai's regulatory framework.
ABOUT THE TRAINER
Sivakumar Ganapathy
Sivakumar Ganapathy, a Senior Finance Executive with 20+ years of experience in accounts, finance, audit, and administration, holds esteemed qualifications including CPA, CA, CWA, CIA, CISA, ACAMS, and more. As a Financial Expert at Dubai Customs, he provided expert opinions and conducted thorough reviews, previously overseeing budgeting and MIS reporting at AW Rostamani Lumina LLC.
