SK Financial Services

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SK FINANCIAL SERVICES

Business Financial Solutions

Customs Audit in Dubai, UAE

Customs Audit in Dubai, UAE​

Customs audit permits importers and/or exporters in Dubai to have professionals revise for them sure crucial factors to access summaries that had been now no longer decided in the course of the time items had been entered.

When a business entity in the UAE is identified by Dubai Customs as high risk, the government authority is going to request an inventory count within an audit period that is in scope. With the facts supplied with the aid of using the business, Dubai Customs may be creating a evaluation of the stock rely of the entity and the declarations for import and export processed by the entity under the customs code. In the occasion that there’s a hard and fast of discrepancies, can also additionally or not it’s on value, weight, or quantity, the authorities authority goes to request legitimate Justification for such and for the entity to put up a customs reconciliation. Read More

How Our Experts Work

In order to assist enterprise entities pass objects quickly, Dubai Customs can’t scrutinize each unmarried transaction. This is the reason why customs audit is utilized in confirming information’s integrity, most especially declarations supplied to the authority. The customs reconciliation application of UAE turned into released so one can remove destiny mistakes and maximize compliance of registered entities. Read More

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An Audit requested by UAE Federal Customs Authority involves

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An audit requested by the UAE Federal Customs Authority involves the following:
  • Customs asking for an access interview so as to talk about a customs audit, in addition to the transactions which are going to be tested with the files which are wished for The audit group to check from a audit corporations in Dubai
  • Entity (importer/exporter) is needed in inspecting transactions previous to customs audit with the assist of a commissioned permitted auditor in UAE as mistakes which might be said to the government voluntarily are viewed by them favorably
  • Customs will perform an exit interview and review with the importer/exporter in order to discuss assessments that were made regarding the legal of compliance of the client and any further action or sanction that is imposed to the entity

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