Buyandship established a network of self-operating(US, JP) and dedicated(UK, KR, CN, TW) warehouses for users to ensure fast and efficient delivery services. But every country has different taxation that has to be considered. Find the taxation for United Arab Emirates below. All prices listed on our website are in US Dollar.
Value Added Tax
Value Added Tax (VAT) was introduced in the U.A.E. on 1 January 2018 as a general consumption tax. It will be applied to the majority of transactions in goods and services. 5% VAT will be charged regardless of whether the importer is a private individual or a commercial entity.
When importing goods into the U.A.E., there will be an import duty and tax charge on goods that are valued over US$ 270 regardless of whether it was imported by a private individual or a commercial entity.
The valuation method is CIF.
What is the meaning of CIF?
CIF means Cost, Insurance, and Freight, which means that the import duty and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of insurance, and the cost of freight. Duty will be calculated on the sum of the CIF and the landing charges.
Percentage of Duty Fees
U.A.E. customs will charge duty fees for all personal shipment, the average duty fees will be 5% , and the shipments will be cleared after clients have settled the duty.