EXPORTERS TO the United Arab Emirates (UAE) will have to ensure that they add the fee for authentication of import documents to their costs - with the UAE authorities now strictly implementing the charge.
The circular from the UAE Ministry of Finance & Industry also adds that the banks have been asked by the Central Bank to only release import documents to traders after collection of the fee.
This ranges from US$27 to US$45 - or a maximum of 1% - which is then added to the 4% import duty.
The revenues are dedicated to maintaining UAE missions abroad.
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