You are importing electronics into the UAE for resale in a retail shop. The value of the goods, including shipping and insurance, is AED 150,000. What is the customs duty you will need to pay on these goods when they enter the UAE?

BizBuzz

Flashcard
•
Business
•
10th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
Back
Customs duty is calculated on a case-by-case basis and varies by product category.
2.
FLASHCARD QUESTION
Front
You want to set up a vacation home rental business in Dubai. Your plan is to manage a portfolio of luxury properties and lease them to tourists. What is the primary step to legally operate this business in Dubai?
Back
Register your business as a hotel under the Department of Tourism and Commerce Marketing (DTCM).
3.
FLASHCARD QUESTION
Front
You want to open a preschool in Dubai and provide early childhood education. What is the key regulatory body that you need to get approval from before opening your preschool, and what is one key requirement for this approval?
Back
KHDA (Knowledge and Human Development Authority), you must meet specific child safety and educational standards.
4.
FLASHCARD QUESTION
Front
You plan to publish a book in the UAE and distribute it both locally and internationally. What must you do before your book can be sold in the UAE?
Back
The book must be reviewed and approved by the UAE National Media Council (NMC).
5.
FLASHCARD QUESTION
Front
You are looking to start a business related to the oil and gas sector, specifically offering specialized equipment supply. Which department should you approach?
Back
ADNOC’s Business Development Department
6.
FLASHCARD QUESTION
Front
Which government authority regulates the import and export of gold in the UAE?
Back
Federal Customs Authority (FCA)
7.
FLASHCARD QUESTION
Front
What is a key factor in the licensing process for a restaurant in the UAE?
Back
The restaurant’s location and space size
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