UAE announces new tax on International Amazon parcels

Share via:

UAE residents who go on an Amazon shopping spree must now pay a new tax on international purchases.

A new customs duty on packages worth more than AED300 that are shipped internationally went into effect on January 1. It means that parcels purchased abroad and shipped to the UAE will incur additional fees. The clearance of consignments through courier companies is addressed in Dubai Customs Notice No. 5 of 2022. It was announced last June and is now in effect. Any goods imported with a value of less than AED300 are exempt from paying the fee.

It states that in order to accept items worth more than AED300, customers must now pay:

5% import customs duty charge
5% VAT

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

UAE announces new tax on International Amazon parcels

UAE residents who go on an Amazon shopping spree must now pay a new tax on international purchases.

A new customs duty on packages worth more than AED300 that are shipped internationally went into effect on January 1. It means that parcels purchased abroad and shipped to the UAE will incur additional fees. The clearance of consignments through courier companies is addressed in Dubai Customs Notice No. 5 of 2022. It was announced last June and is now in effect. Any goods imported with a value of less than AED300 are exempt from paying the fee.

It states that in order to accept items worth more than AED300, customers must now pay:

5% import customs duty charge
5% VAT

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Shanghai startup begins mass-producing its humanoid robots

AgiBot is backed by major investors such as...

Israeli fintech firm acquired by Italian company for $150m

Morning was originally founded in 2011 under the...

xAI is testing a standalone iOS app for its...

Elon Musk’s AI company, xAI, is testing out...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!