Abu Dhabi Customs launches stimulus package
ABU DHABI, May 6, 2020
Abu Dhabi Customs has launched a package of economic incentives to support importers in Abu Dhabi and to mitigate the consequences of the current exceptional circumstances as a transit gateway for all vital sectors.
The incentives included postponing the payment of customs duties of importers for 90 days through facilities accounts that opened to customers of Abu Dhabi Customs, reported state news agency Wam.
The incentives also included pre-clearance services prior to shipment arrival through the possibility of clearing goods before they arrive in the country through the customs operations system.
The incentives included the extension of the transit period from 3 to 5 days where companies can move their shipments according to the status of customs transit up to 5 days for the purposes of the arrival of the goods to their destination in addition to the cancellation of the insurance refund fee for the temporary entry insurance by simply paying the service fee of AED50 for a temporary re-export of goods entered under the temporary enter status.
Rashed Bin Lahej Al Mansoori, Director-General of the General Administration of Abu Dhabi Customs, said that the economic incentives package comes within the framework of Abu Dhabi government efforts to support continuously the economic system and companies, especially small and medium ones, in order to enhance the competitiveness of the Emirate of Abu Dhabi and ensure business continuity for companies in all sectors.