There are several things that make UAE a hub for trade of various products. Like other business companies, trading companies usually prefer Dubai for their business venture. But it’s wrong to say that lucrative opportunities are not available in other emirates of UAE as well. In fact, other emirates are also on the path of growth of all types of business activities and are following Dubai in this course as well. All these emirates provide exclusive advantage to trading companies due to their strategic location and business friendly policies. There makes UAE the most business friendly country in GCC.
As a trader or merchant, it is possible for foreign investors and entrepreneurs to start their business in any of the emirates of UAE. These opportunities are available in mainland as well in in various free zones present across UAE. Different emirates in UAE provide exclusive opportunities for trading businesses. For instance, there is a large expat population in large emirates like Dubai, Abu Dhabi and Sharjah and this is an indication of attractive local market for various goods. As local population of Dubai and Abu Dhabi is well-off, there are more opportunities for success of large brands here. On the other hand, Sharjah and other smaller emirates are best for smaller businesses due to their cost-effectiveness.
It means there is something for everyone in UAE. Both large companies and small merchants can expect good profit of their products after having their products registered in any part of UAE. Registration of products allows merchants to import, manufacture, distribute and re-export their products. For registration of their products in UAE, merchants have to apply in federal authorities as well as in certain authorities in any specific emirate where they want to register their products.
It means there are number of authorities that will register these products before their import or manufacturing in UAE. The reason behind such strictness is the aim of the government of UAE to provide best quality products to its citizens and residents and also to maintain and increase the credibility of UAE in international market. Due to adoption of these procedures, the products registered in UAE are also accepted in other GCC countries without going through any additional registration process.
Apart from that, there are few additional regulations applied on these UAE-registered products during their export to countries in various parts of world. Another important advantage available to traders and trading companies is that they can import, manufacture and re-export products without paying any tax. Even if there is tax on few items, it is far less than in most of other countries, including UAE’s neighboring countries.
Product Registration in UAE:
As stated above, there is a comprehensive procedure to register any product in UAE in order to provide the safest product of highest quality to residents of UAE and also to block the entrance and manufacturing of harmful, fake and low quality products. To ensure this, following are most important federal authorities. Traders must pass their products from these authorities before launching their products in any part of UAE.
- ESMA (Emirates Authority for Standardization and Metrology) has the responsibility to develop UAE national standards and ensure consumer safety and environmental protection by enforcing these standards
- ZAD is a federal web portal system that has been launched to ensure food safety. Food products registration from ZAD is necessary before its launch in UAE. This federal system has been launched by Ministry of Climate Change & Environment and Dubai Municipality
- MOHAP (Ministry of Health & Prevention) is another important federal regulatory body that registers products related to medicine and general health
Apart from these important federal authorities, there are several other emirate-based authorities also that paly important part in registration of products in their respective emirates. There is DM (Dubai Municipality) in case of launching a new product in dubai. Other emirates may have their own authorities for product registration. It is also a case with different free zones. All these authorities work in harmony and one have to register a product in all the required federal and local authorities before its launch. Various documents are required for this approval according to the type of product and area where it will be launched.
Product registration in UAE is a lengthy and difficult process for new companies. But there is nothing to worry. We at Riz & Mona Consultancy are the biggest and most famous consultancy firm for product registration in any part of UAE. We will ensure to make this process convenient for you.