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Companies to Pay Certificate Attestation Fee for Imports Over AED10K

  • Publish date: Wednesday، 18 January 2023 Last update: since a day
Companies to Pay Certificate Attestation Fee for Imports Over AED10K

UAE Ministry of Foreign Affairs and International Cooperation (Mofaic) said companies in UAE would be subject to a new compliance fee for certification of invoices and certificates of origin for imports into the country from February 1, 2023.

Companies would be required to attest import invoices with a value of Dh10,000 as per Cabinet Resolution No. 38 of 2022.

“The attestation cost of Dh150 per commercial invoice will be applicable, and customers will have a grace period of 14 days after the declaration of goods to comply with the attestation. Failure to do so will result in a penalty of Dh500 per invoice levied by the Mofaic on the non-complying businesses,” said Mayank Sawhney, managing director at MaxGrowth Consulting.

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Exemptions

The exemption will be applied to categories including invoices with a value below Dh10,000, personal imports, goods imported from Gulf Cooperation Council countries, and those brought into free zones as well as transit goods imports, B2C e-commerce movements, diplomatic, police and military, charitable societies, and international organizations goods.

The import invoice attestation will be done online through an electronic online by uploading the PDF documents. A reference number will be given as proof of attestation.

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