With the implementation of the Value Added Tax, or what is commonly known as the VAT in the UAE in 2018, an additional tax of 5% is levied on good , products and services. However, the UAE boasts of one of the lowest VAT rates globally. Companies and businesses can often be thrown off-guard because the intricacies and the seeming notoriety surrounding the VAT may come across as intimidating, especially if you don’t understand them. Here are a few facts to keep in mind when you want to gauge the influence of the VAT on exports made from the UAE.
In the UAE, some services and goods do not come under the ambit of the VAT, meaning that they are exempted from the tax. These are essentially categorised as zero-rated products, goods and services, details of which are listed in the GCC-wide agreement. The law in the UAE states explicitly that the “Export of goods and services outside the GCC and international transportation are zero-rated. They must be reported in tax returns, but no VAT will apply.” Thus, when you export an item that is zero-rated, it must still be recorded.
Services and goods that are zero-rated
The services and goods that are exempted from the VAT include certain types of precious metals, certain health care services and associated goods, some educational services and associated goods, rescue aircraft or vessels, and international transport of goods and passengers, among others.
Goods and services that are exempted
In addition to goods that are zero-rated, there are also some items that are classified as exempt. This essentially means that they are not levied with the VAT. Some of these items include life insurance, renewal of life insurance, bare land, local passenger transport, residential buildings except the ones that are already zero rated and certain financial services, among others.
Understanding the VAT and its significance
Understanding the VAT is essential especially for those who are in the export domain. When you ship an item overseas you do not want to run into bureaucratic trouble just because you failed to follow a few VAT-related procedures. It can also help your business since the government in the UAE has clearly specified the scenarios where you could be penalised. These include not submitting tax returns, not registering with the tax authorities, lapses in recording tax information and trying to shrug off tax by providing false information, among others,
Sometimes there may arise a scenario where you might have to ship your car from the UAE to a destination abroad. In fact, statistics reveal that the UAE is home to so many high-end cars that private individuals and dealers are more than eager to ship them to prospective buyers abroad. This may seem like a process that involves complicated procedures and troublesome paperwork. However, you can simplify and streamline the process if you take a few key factors into account.
The importance of being ‘earnest’ in your paperwork
Before you even begin to venture right into looking for modes of shipping, it is highly essential that you get the paperwork in order. This is especially relevant in case of trans-border transportation since you don’t want your consignment held up at customs because of your lackadaisical attitude to the paperwork. Among the things you will need are an authentic Vehicle Clearance Certificate (VCC), insurance documents, passport and its copies, the relevant visa of the UAE that you hold, visa of the destination country, and a bill of shipping in case you are using air or sea transport.
Be prepared to cough up a few bucks
Depending on where you are planning to export the car, it would be advisable to remember that you may need to pat the duty fee in accordance with the regulations. If you are sending a new car to a GCC state, a 5% fee is levied against the value of the car. However, a used car is exempted from this fee. Shipping the car to other countries will have an influence on the duty fees. Make sure to find out the cost that it entails to avoid later hassles.
Means of transport
You can send the car from the UAE via various means that would include by air, sea, or land. The most affordable option would most certainly be by freight. Again, this depends on the country that you are shipping to. A major fraction of the shipments can be carried out via conventional containers which can done through the port located near you. For a more quicker option and if your wallet allows for it, you can choose to send the car by air. A more protracted process of delivering the car would be by land. However, make sure you are familiar with border controls and have the necessary paperwork otherwise you may spend a considerable amount of time having arguments with border personnel, in vain.
The process of shipping goods and products from Point A to Point B can make you a little nervous, especially if it also involves the interests of your business. However, the stages involved in the process can be streamlined and eased if you hire the services of the right courier company. The right courier company would demonstrate professionalism through all the stages and would have the necessary expertise to handle potential fallouts.
A flurry of services
A well-established courier company offers domestic, regional and international air cargo services, in addition to ground and freight services. So whether you want to send a consignment within the UAE, the GCC states or to any other continent, they would help you achieve your delivery objectives within the desired timeframe. Moreover, the courier company can handle a vast variety of goods ranging from documents and medications to large-scaled packages like furniture or household goods, while ensuring they reach their destination in pristine condition.
Comprehensive network of services
When you hire the services of a reputed courier company, you can be assured that you will receive services that are steeped in quality. Not only do they deliver your products worldwide through the use of their vast network, but can also deal with excess baggage and extraordinarily large products, something a newbie or less reputed courier company would find hard to accomplish. Moreover, since the company is involved in every stage of the process, you will be updated on the progress of your shipment at regular intervals. In case you have any concerns at any stage, the courier company’s customer service team is at your service at all times.
The fastest mode of transport
Air cargo services are obviously the fastest mode of transport and are utilized by millions of individuals and businesses. Moreover, a prominent advantage of this mode of transport is that there are ordinarily no restrictions in context of size or weight. You could even ship things as big as cars, boats and large furniture. A reputed courier company will always provide tracking details so you can rest easy while you track the progress of your consignment. Anyway, the fact that you are engaging air cargo services means that your delivery will be completed in a matter of days.
When you are running a business, you may sometimes run into a situation where you essentially have to ship what is categorized as ‘hazardous goods’. These may include chemicals or some other product that is covered under the ambit of the category. Hazardous goods and their delivery needs to be handled by a courier company that is experienced enough to know what they are dealing with. Moreover, these kinds of goods have to be handled with care and precision, failing which there could be lingering possibilities of disaster, which is why it important to rein in a courier service that is reputed and dependable. Reputed companies that have been in the business for long would invariably have experience dealing with the delivery of hazardous goods.
What does it entail?
You should be in the knowhow about several aspects when it comes to shipping of dangerous of hazardous goods. A well-established courier company always only allows experienced handlers to deal with hazardous goods. First, they will ask you about the nature of the product that is meant to be delivered. Once the courier company acquires this information they can utilize their insights to ascertain the best manner in which the goods can be sent to the specific destination. You can also check out the company website and see the reviews that will lend you a clear idea about their dependability.
The quote that your courier company provides you for the shipping of hazardous goods can be based on a combination of factors. To get a clearer view on this, you can get in touch with the customer support team of the courier company who will take you through the entire process quite efficiently. Alternately, you can also visit the website of the company to see if you can get a reasonable quote. Based on where you want to send the goods and the mode of transport, the courier company will give you a realistic quote. In case you don’t want to go through the hassle of depositing the package at one of the company centers, you can request for a pick up. Most reputed courier companies also offer insurance packages in case you need one.
Regardless of whether you are using the services of a courier company for handling your personal deliveries or supporting your business, it is important to employ the services of a courier company that is reputed and in tune with your needs. Many individuals and businesses patronize a single courier company once their reliability has been firmly established. This is because a reputed courier company has all the necessary resources to handle various types of deliveries and have a wide network that enables tem to cater to client expectations.
An extensive network works wonders
Dependable courier companies wield their distinctive reputation because they boast of a wide and extensive network that eases the delivery process, without making the customer go through unnecessary hassles. They offer basic services like the delivery of letters and documents and also have the capacity to handle cargo that is of large dimensions. Moreover, the courier companies understand the local market with a familiarity that equates the gauging of international ones and can thus carry out deliveries for both commercial entities and individuals.
Relocation services that actually work
If you have a transferable job, you may indulge in several location changes. In such a scenario, a reputed courier company can go the distance in helping you with the intricacies of the move. Not only can they ship and deliver your important household items to the new location but can also assist with moving large-scaled items like furniture and cars. Moving house is always a complicated and tiring proposition and having the right courier company will pave the way for a seamless experience.
Various types of services
A reputed courier company offers so much more than just conventional services. They offer delivery services to various global destinations, pack your goods in a professional manner, and also offer door to door services. You can send your items via air, land or even sea and also ensure that your package reaches its destination safely. Moreover, you can also use the company’s warehouse to stock your goods till they are ready to be dispatched. Furthermore, you can also store your household goods till you find a new place to live.
Are you looking for a reputed courier company that can adequately handle all your delivery related needs? Are you setting up a start-up or an SME that will need the support of a dependable courier service to promote and sustain your business goals? You may also want to send your goods and products overseas which is why the importance of dealing with a well-established courier company may be even more pronounced. Here are some significant factors you can consider before you hone on to the courier company that is compliant with all your specific needs.
Experience equates to dependable service
When looking out for a suitable courier company, you need to keenly review if the company in question can be trusted to take good care of your goods. You need a courier company that knows what they are doing and have handy experience in dealing with packages and getting them to their destinations in one piece and on time. Even if a courier company is a small one, it would be wrong to assume that they are unreliable. Often small scaled courier companies have viable tie-ups or collaborations with the well established ones. In case the budget is a constraint, go for a smaller company that that is also reputed.
Choose companies that have multi-faceted services
When you start out with a courier company, you can experiment a bit by sending out small shipments or packages. This will give you a fairly realistic idea of how they handle your packages. Moreover, make sure they have the ability to handle larger packages as well. You do not want to engage with a courier company that can handle only small shipments. When you choose an established courier company, they will have the means to handle everything ranging from documents to household goods. You may also want to hire one that offers packaging and door to door services.
Network and rapport with customs
When you choose a courier company, especially when your primary needs are related to overseas delivery, make sure to choose one that has a vast network, encompassing major destinations all across the world. Imagine hiring a company only to find out that they don’t ship to your specified destination. Frustrating as well as a waste of time and effort. It would also be prudent to ensure that the courier company is customs-savvy and is familiar with the laws and regulations of various countries. This would save you a lot of hassles in the long run as the last thing anyone wants is to have their packages held up at customs, owing to a minor lapse in paperwork.
Courier companies essentially carry out deliveries from A to B. However, overseas courier services are an altogether different proposition, since their job entails more intricacies related to the job. Trans-border transportation requires not just expertise, but a network of services that ensure that clients consistently get glitch-free services. Many reputed overseas courier companies have tie-ups with other agencies and also have logistical collaboration that enables them to carry out international deliveries with ease and within the expected timeframe. Therefore, if you are looking to send a package abroad, you will certainly need to hire the services of a reputable courier company. Here are some of the factors that may decisively influence your choice.
Quality and types of services
Many reputed international courier companies offer a wide array of services, in addition to some frills. For instance, a well established company would deliver just about anything, be it documents you want to send to a university or large scaled packages for your international relocation. Other services include excess baggage service, packers and movers, importing products or goods and warehouse and distribution.
Best price guarantees
With a sector as competitive as the courier services sector, companies vie with each other not only to provide optimal services but also to offer them at a price that seems reasonably realistic. No one wants to pay a bucket load of money to ship internationally. Reputed courier companies understand this and this why they keep their rates in compliance with the expectations of clients. Moreover, if you favor a particular courier company every time you ship overseas, they may even offer you generous discounts or promotional offers to retain your patronage.
Thinking of relocating internationally is not exactly a simple and straightforward proposition, not to mention that you are leaving a familiar way of life behind to explore greener yet unchartered pastures. Moreover, this is not a job that you can do all by yourself, especially if you are moving hook, line and sinker. International relocation needs professional expertise and this is where the role of a reputed courier company comes into play. However, when you are looking out for a suitable courier company, you may want to take a few factors into consideration.
Are there any restrictions on size?
When you are relocating to a new international destination, you may need to enlist the services of a courier company to ship large items like cars, furniture, and other such large-dimensioned stuff. In such a scenario, it would be prudent to ensure that the courier company you hire can adequately deal with the delivery of large goods. It may be a futile exercise to find out that the courier company is ill-equipped to deal with large sized items after you have signed up for their services. Reputed courier companies can handle goods of all sizes and volumes.
Are there any hidden charges lurking beneath?
Some courier companies may stump you with “hidden charges” after you have signed up with them. In such a situation, you would have no choice but to cough up a few extra bucks. For instance, some unreliable courier companies don’t add fuel charges to the original estimated amount. Others may charge for things like extra packaging material and various other unforeseen aspects. A reputed courier company will give you an estimate that includes everything from fuel to packaging so you can be assured that you don’t run into any cleverly disguised “hidden charges”.
What is the quality of services?
When you hire the services of a courier company, quality should be the most foremost aspect to consider. You can also check if the courier company in question has an ISO certification. This is nothing but an International Organization of Standardization that is essentially an indicator of the standards that the company demonstrates. Thus, when you choose a courier company with ISO certification, you can ensure that the services will be of the highest quality and reflects safety and reliability, thus ensuring seamless delivery.
If you have ever send a package overseas, you probably have an idea about how complicated it can get sometimes, especially if you are dealing with a courier company that offers services that can at best be termed ‘shoddy’. Moreover, international shipments need to be carefully carried out since cross-border transportations can potentially run into unforeseen hurdles and challenges. However, you can considerably lower the chances of things going wrong if you go through a reputable courier company. Therefore, you need to rope in a reliable and dependable courier company to carry out your international deliveries. An experienced company will have adequate expertise in dealing with international protocol in terms of the various aspects related to delivery and are well acquainted with the procedures in question.
Great services backed by guarantees
If you hire a well-established courier company to carry out your international deliveries, be assured that not only will your delivery be mostly glitch-free, but will also come with back-ups like a money back guarantee in case things go awry. Moreover, the courier company will pick up the packages from your doorstep or business establishment and then make sure that the goods reach its destination safely. A courier company that sets high standards will offer your money back if it fails to keep up with the same. This is a strategy that keeps the clients happy thus retaining their trust in the long run.
No fear about dreaded customs clearances
A renowned courier company has a strong presence in the sector for a reason. This is because they are well versed with the parlance of international delivery and are familiar with the various facets that are involved in the same. Of course, this would inevitably mean that you will have to essentially deal with some minor paperwork putting your signatures on some vital spots on the documents, but the company handles a major fraction of the work. This is especially useful for companies who send out multiple international deliveries since they don’t want to waste their valuable time pondering over paperwork that can be easily handled by the courier company.
Great services at reasonable prices
International shipping WILL entail some inflated costs. This is unavoidable and may escalate in accordance with the continent or region that you want to send the package to. However, it is still possible to hone on to a courier company that is willing to undertake your delivery at a realistic price. Since courier companies know that satisfied customers are synonymous with enduring business, they will do their best to give the client a reasonable quote.
Starting a business is no child’s play. It takes concerted motivation, streamlined determination and an extreme level of focus. However, sustaining and promoting your business becomes an even more complicated proposition, considering the market risks involved and the looming possibility that some unforeseen development may dent your business goals. Your business grows when your services and products are sought after and your clientele steadily grows. Thus, you have got to make amends for increasing demands which is why you need a reputed courier company to support you in your objectives. Courier companies provide warehouse and distribution services that enable you to store goods and products while they are waiting to be dispatched.
What exactly does this service entail?
Courier companies own massive warehouses that can be conveniently utilized by businesses to store their goods. Moreover, you can also allocate a timeframe for when the products or goods need to be dispatched to their destinations and this is where the aspect of distribution comes into play. These services form a significant part of a company that wants to make sure that the products reach customers without delay and in perfect condition. When hiring the services of a courier company for storing your goods and carrying out subsequent deliveries, make sure that they are well-equipped to handle your expected needs.
How does this service help?
The primary goals of hiring a courier company to provide you services of warehouses and distribution is to lend a decline to the inventory, reducing the overall costs and also to enhance the various aspects of customer satisfaction. Businesses and companies can stock their goods at the warehouses so that they are able to meet customer demands as they arise. There is another benefit to stocking your goods in the warehouse. In case the transportation is delayed by exigent circumstances or the goods have been damaged, you can always rely on the stocks safely housed in the warehouse, thus fulfilling the expected order.
Where do you get the best service?
It is no mean feat to find a courier company that is compatible with your needs when it comes to warehouse and distribution. However, a little check and gauging reviews can narrow down your search to hone on to a courier company that will be just right. You need to find a reputed courier company that will store your products appropriately and at the same time retain the capability to carry out timely deliveries.