How to import Cars into UAE?

How to import Cars into UAE?

Posted by Roohi Shabir | March 21, 2018 | Uncategorized
VAT for Used Car Dealers

How to import Cars into UAE?

Cars in Dubai are regarded as a necessity, not a luxury. Dubai has an excellent and expanding public transport system.

Importing cars to UAE from different countries is made easy by UAE Government by providing set of  procedure and documents required to import a car.

Individuals may only import one vehicle for personal use and vehicles should not be over 10 years old. for cars older than 10 years will have to check with Roads and Transport Authority (RTA) before shipping

Any vehicle may be imported to Dubai from another country with relative ease. It is a three-step process: you need to ship the vehicle to Port Rashid or Jebel Ali Port, then obtain a vehicle clearance certificate from Dubai Customs and, finally, register and insure the vehicle in Dubai.

First and foremost, you need to be a resident of the UAE to import a car into Dubai. Therefore you need a valid passport and visa. Also note, only left hand drive cars which comply with the standard UAE vehicle specifications can be brought into the country. Before starting the process, the documents you should have at hand include:

 

PREREQUISITES: How to import Cars into UAE

  • Owner is resident in UAE
  • Vehicle complies with GCC specifications and is a left-hand drive.
  • Certificate of Origin which is proof of where the car was manufactured
  • Original Passport and make sure to bring copies with the visa page
  • Passport with residence visa (original and copy)
  • Vehicle papers/proof of sale: The original invoice of your car to prove ownership and value
  • Bill of entry – Bill of lading (a document which acts as a receipt of the shipment
  • 5% customs duty : Cash or cheque to pay custom duty and fees

Fees: Dhs.60 blue temporary export licence plates fee; Dhs.10 clearance certificate paper

PROCEDURE

  • Ship the vehicle to Dubai
  • When the vehicle arrives at the port, collect the delivery order from the shipping agent. If possible, have the delivery order issued in the name of the person who will register the vehicle.
  • Head to the Ports & Customs Vehicle Department at either Port Rashid or Jebel Ali.
  • Customs duty will be charged at a rate of 5% of the Dubai market value of the vehicle. Dubai Customs will determine the value of the vehicle upon arrival.

Note: It’s a good idea to have a clearing and forwarding company handle the import procedures for you

 

CLEARANCE CERTIFICATE: How to import Cars into UAE

 

When your car arrives in Dubai, you will have to head down to either Jebel Ali Port or Port Rashid. Here you will collect the delivery order from your chosen shipping agent and proceed to the Ports and Customs Vehicle Department. You will now need a clearance certificate from them in order to take your car out of the port. , a clearance certificate from import authorities will be issued which will cost you 4,700 AED plus another 700 AED for container inspection. Note, this fee has to be paid upfront in order for the vehicle to be released.  Once all cleared, blue export plates will be given to attach to the front and rear bumpers. These plates cost 60 AED and an additional 10 AED for the clearance certificate paper.

 

To get clearance, you will have to:

  • Submit the delivery order, vehicle papers and passport copy to Dubai Customs. Present the required documents which include the delivery order and your passport copy
  • Except for new cars brought in by car dealers, all cars are inspected by ustoms and an inspection report is produced.
  • The customs duty will be calculated by inspectors.
  • Customs will inspect your car to assess it’s value and calculate the custom duty. This is calculated at 5% of the car value in Dubai
  • Pay the customs duty and fees (cash or cheque) at the customs clearance counter and get a receipt.
  • A vehicle clearance certificate will be issued. Once the value has been determined, your will proceed to pay the custom duty and receive your clearance letter
  • Submit all documents to the Dubai Customs Inspection Office, Port Rashid.

 

INSURANCE AND REGISTRATION: How to import Cars into UAE

 

After that, you will have to insure and register your car before you can legally drive it in the UAE. There are many insurance companies who insure imported cars. If you’re importing a car that is older than ten years, it can only be insured third party. Insurance quotes can vary between companies and the vehicle itself.

Documents required for insurance:

  • Vehicle inspection report
  • Passport, drivers license and Emirates ID

 

Once you have gotten your insurance policy you have to register your vehicle with the Roads and Transport Authority.To get your car registered, head down to Roads & Transport Authority (RTA) and submit the required documents which include:

  • Proof of purchase
  • Completed application form
  • Customs clearance letter
  • Original driving license, passport and visa (bring copies too)
  • Proof of residency besides visa e.g utility bill or rental agreement
  • A valid UAE driver’s license
  • The vehicle clearance certificate
  • Emirates ID and Passport (original and copies)
  • The vehicle insurance certificate
  • Technical test
  • Insure your vehicle
  • Request blue temporary export licence plates (valid for three days) from the RTA; costs Dhs.60.
  • Submit the clearance certificate and inspection report to the Industry Department at the Ministry of Finance and Industry; request a no objection certificate (NOC), which costs Dhs.200. This will be issued on the spot.
  • Take the vehicle to an RTA testing centre for inspection and registration. Submit the NOC and follow the standard procedures; see Testing a vehicle and Registering your vehicle.
  • Hand over all the required documents, once it’s all completed Once the vehicle has been tested and registered, you will receive a vehicle registration card and new Dubai plates which must be fixed immediately before you can drive legally., You will receive white number plates and a registration card for your vehicle which must be present at all times in the automobile.

Testing the vehicle: How to import Cars into UAE

After you’ve been given the green light, it’s time to get the vehicle tested, insured and registered. Vehicle testing areas are located all over the Emirate. Here are three of the RTA’s most trusted test centers:

  • Tasjeel
  • Al Shamil
  • Tamam

And here are the documents required for testing:

  • Original passport, Emirates ID and driving license (and copies)
  • Custom clearance papers
  • Import documents

 

In any one of three locations, the vehicle will go through a set of detail tests in order to prove it’s safety and durability to drive A payment then must be made depending on the vehicle type. Technical tests can be carried out at selected service centers and will cost AED 120. A recovery truck  can help you transport your car from the port to the service station. However, this will cost you anywhere between AED 200 to AED 500. After your car has been tested and registered you will get your new car number plates and now you can legally drive it around the country.

Need to upgrade to Reach online VAT Accounting Software : How to import Cars into UAE

Reach can be used  for new and used car dealers to manage their sales and purchase documentation and manage sales commissions across branches.Reach accountant software is properly designed to fit all of the desires for a success running of the enterprise. The software may be used in industries ,buyers ,producers, outlets,  workshop ,commercial enterprise projects and so forth. It’s far an accounting software program which can   manage your ebook of accounts, taxes, inventory, sales, purchases and many more  online speedy and securely.

 

Why Choose Reach Accountant Online VAT Accounting Software:

  • Affordable, no monthly fees, no contract, no commitment, buy once and use it forever
  • Works On Cloud
  • 100% Secure and encrypted database files, with ability to add user level security
  • All-In-One Financing, wholesale, retail, out-of-state, basic accounting, with repair shop apps
  • Dependable and reliable with proven records
  • Easy to use & friendly, support multi users mode (client-server technology) with basic network configuration you can get access to your inventory from anywhere in the world.
  • Developed with experience and long-term vision for small, mid and large dealers

Reach Online VAT Accounting Software   includes products that assist in the operations of automobile retailers. These products can assist with both front and back office tasks, and  provide tools for inventory; cost calculation, financing, and authorization—for both cars and customers (e.g. credit reports, accident history, etc.).Reach Software  also offers features for preparing and storing warranty information, sales contracts, tracking auto repairs, appraisals, and recurring e-payments. Car dealer products are typically used by the sales team and office administrators in new and/or used car dealerships.

Reach Online VAT Accounting software automates and streamlines some of the redundant tasks that vehicle dealers face in their daily back-end office to front-end business. These tasks can be listed as follows:

  • Track financial accounts related to invoicing and ledger;
  • Manage inventory of used and unused vehicles;
  • Generate customized reports related to accident history and credit reports;
  • Optimize cost of vehicle repairs.

These are just some of the tasks that auto dealer software can help you automate. If you are a part of a sales team and office administration at an auto dealership, using Reach Online VAT Accounting software will help you manage tasks much more efficiently. The software also integrates with customer relationship management (CRM) and sales applications to offer you more scope in managing sales and customers separately.

The software provides solutions to help streamline your auto dealership business to enhance sales, manage customer relationships, and franchise locations. Here are some benefits of Reach Online VAT Accounting software that can help you boost vehicle sales:

  • Improve marketing: Reach Software can help business broaden their customer base and increase vehicle sales volume. Software streamlines marketing tasks such as managing campaigns for the sales of used cars on social media, which can be monitored through a user-friendly dashboard and analytical tools.
  • Accelerate your CRM: Reach software helps you manage customers through multiple communication channels like phone, email, text messaging, and social media to log customer queries and resolve complaints related to vehicle repair and sale of new or used vehicles. Reach software can help your sales rep manage leads by maintaining and tracking communications channels with prospective customers.
  • Simplify backend and frontend: Reach Software helps you manage work orders, inventory, sales reports, and other back and front-end data that would require you to input data manually. With Reach software, you can maintain customer database that makes entering details of the customer based on their license ID for future communications simpler. The software also sends automatic reminders to customers when their vehicle service is due through SMS text messages.

   Reach Online VAT Accounting Software one stop solution. Best Online VAT Accounting Software for Automobiles and Used Car Dealers in UAE: How to import Cars into UAE

Reach VAT Software has all the features which will easily sync into your business for         smooth functioning of business operations.

  • Do you find it difficult to manage multiple dealer locations?

If your car dealership has more than one location or franchises then one of the challenges that you might be facing is coordinating with these franchise outlets. Multiple car dealerships make it a little difficult to share customer information, car servicing, and sales leads. However, a cloud storage solution availability in Reach Software, centralizes your information repository to work collaboratively with other car dealership outlets.

  • Is managing inventory of used and unused vehicle as well as spare parts a key business challenge?

Keeping track of your vehicle inventory can be streamlined with Reach software as it provides a listing of the vehicles on your website. All you have to do it update your inventory whenever you receive new or used cars from original equipment manufacturers (OEMs) or customers. Lastly, car dealer software notifies your service centers when you are running short on spare parts.

  • Do you find it difficult to manage customer database and credit reports?

 

Reach software helps you create custom forms with report builder features and adds extra fields to personalize documents based on customer loan requirements. Simplify the process of giving insurance to customers by reducing paperwork through auto-generated credit reports that are synced to credit loan bureaus. 

Top Features of the Reach Online VAT Accounting Software for Automobiles and Used Car Dealers: Best Online VAT Accounting Software for Automobiles and Used Car Dealers in UAE

         · DIGITAL AGREEMENTS: Create Agreements on the Tab and get it signed digitally from your customer. Save agreements on the Cloud and  helps the customer with super fast documentation.

  • Inventory Management: Easily Manage Your Inventory With Help of Reach Online VAT Accounting Software :
    • Update vehicle inventory records for sold and trade-in vehicle.
    • Record trade-in unit on stock card or add vehicle to inventory system.
    • Record cost of sold unit on stock card or in inventory systems.
    • Add needed reconditioning estimates to stock card or inventory system as applicable.

       Probably the most important aspect for the used vehicle dealer is good inventory   control. Know your market — Analyze your sales trends and compare them to vehicles in your inventory. The unit sells well in your market; and Your sales people can sell the unit profitably after reconditioning costs. Reach online Accounting Software enables to keep a track on the process till final sale is done.

  • Online Sales : Increase online sales and generate more leads via the internet with Reach web based software. Reach has developed a low cost solution for used car dealers. It has many of the great features and has the capability to import and export from just about any medium. In addition to importing and exporting from car portals the dealer has the option to manually add cars via the ecommerce website which is easily integrated to Reach Online VAT Accounting Software . The online software also comes with a premium image uploader. Dealers can also choose to export their data to other online portals.
  • Accounting Management: All functions relating to accounts are inbuilt with the software. You can manage your Accounting Ledgers, Bank & Cash Operations, Purchase & Sales Estimates, Warehouse Allocations, Expense Recording, Expense Grouping, Payments – Part or Full, Journal Entries, Income and loss a/c, Balance sheets, Receipts – Part or Full, Contra Entries, Financial Reports, Day book.

 

  • Tax Management: Our accounting Software automatically calculates the taxes relevant for every bill created. The Software is designed as per the government norms for calculation of VAT. It also has the option to add any number of taxes relevant to the business. In case of change in tax percentages a change it in the software on your own. All you have to do is add your tax percentage and our software will calculate the taxes automatically. This multiple tax scheme can also be applied to multiple products on a single purchase.

 

  • Income Management: The Company can create Quotations then the same can be converted as a Sales order or Pro-forma invoice or Invoice. From Invoice you can create Receipts as well. Accountants will be able to know what payments have been received and what are pending in the reports. You can also set reminders for receiving payments.

 

  • Expense Management: You can create Purchase Orders then the same can be converted as bill or payments. You can also create Debit notes for purchase returns. Accountants will be able to know which purchase bills have been paid and which are pending in the reports. You can also set reminders for making payments.
  • Invoicing: Generates VAT compliant invoice of the company in the specified design as requested by the client or can choose from the available templates in the software. It also converts quotes to invoice .One of the features is the software can convert the Foreign currency invoices to base currency and further calculating the VAT at UAE standard rate.

         ·            Business Automation: Leads from all sources,Leads extractions via mail server,Converting leads to appointments,Quotes,Converting quotes to Invoices,Email-SMS update,Delivery status update,Work pending strategye.

  • Business Intelligence Dashboard: The software has a feature of providing you key statistics of the business at any given point of time.The dashboard displays work status, profit and loss, expenses graphically.It also features  best Selling Executive, Highest Selling product, Largest value customer for the month. Every night the client gets a SMS summing up the entire sales , expenses ,case production ,and stock value for the day.

·         Print Tax Invoice In Arabic: Reach software lets you print invoices in Arabic, English or both, as per the mandated guidelines of GAZT and FTA.

  • Auditor View: Full-fledged Financial reports, Tax reports VAT reports, read process by auditor, with e-filing options, PF & ESI Reports, Tax Consulting Modules are some to be named.
  • Check Post for VAT returns: As the software has been designed exclusively to aid individuals and entities to be VAT compliant in UAE, the set of rules and regulation laid by FTA (Federal Tax Authority) of UAE are embedded in the software. Hence any process error will be popped up by the application can be viewed .For instance wrong Tax Registration Number, incorrect taxable figure, wrong taxation period.
  • Automatic Update on Tax legal Sections: As the Reach software are cloud computed software gets upgraded to update any revised tax laws and section if any in future.
  • Computation Of VAT Returns: The software is inbuilt with all the detailed crucial information  on tax computation Tax Assesee can  fetch all the details of all the taxable transactions It lists down transactions which are included and excluded in the VAT return  calculate input tax, reverse charge and output tax to avail claim if any 
  • Filing Of VAT Returns: The registered businesses in UAE are required to generate the VAT return File from their accounting software, login to the FTA’s e-tax portal and upload the return file. On the basis of the uploaded return file, the e-tax portal will validate the file and accordingly the details from the file will be auto-populated in the online return form. Reach VAT software is designed to ease the process of filing returns and comes under the purview of FTA prescribed set of rules and regulations.
  • * VAT Reports etc.
  • Calculate VAT automatically.
  • VAT support in Sales, Purchase, Sales and Purchase returns, Journal entries.
  • Generate Federal Tax Authority compatible tax reports.
  • VAT Paid (charged by suppliers) and Vat Collection (Charged to customers) Analysis.
  • Transaction wise details of VAT paid and VAT collected.
  • Attach every Vendors/Customers VAT number and other details.
  • VAT supported for Goods (stocked) and Service (non-stocked) items.
  • Online application accounting.
  • VAT Account Reconciliation, VAT Collection & VAT Paid analysis report.
  • Report export to excel and other standard formats.
  • VAT returns statement compatible with Federal Tax Authority standards.

Online accounting VAT software enables you to file vat returns, manage accounts and other business operations from any geographical area be it at the comfort of the house.

  • Receipt: Receipts can either be manually entered or imported it in excel format easily.
  • Payments: Payments can either be manually entered or imported it in excel format easily.
  • Multi Company: Manage business through comfort of the smart phone.
  • Tally Import: Tally files can be easily imported to Reach Software of various periods and manage business easily.
  • Auditor’s Report: Full Financial Report are available,Read process by Auditor,Tax Reports,VAT Report with e-filing options,PF & ESI Reports,Tax Consulting Modules are some featuress mentioned.
  • Mobile Application: Access business information through tabs and android smart phones, pick photos of expense vouchers and attach to expenses, daily profitability and other key reports can be viewed on phone.
  • Bank Synchronization: Bank Statements can be imported in to Reach software through excel files.
  • Security: There is complete security of data stored in the hard disk. Data can be accessed and control by creating access restriction. One time password facilities also ensures a check in the log in to the website. 
  • Run Business from anywhere: The business can be run access data from anywhere at your comfort. Just like checking mails from the laptop or systems.
  • Free and Automatic Upgrades: At Reach Accountant you will be provided free services of upgrading the software frequently with new features and use it absolutely free. 
  • No investment in expensive hardware: The software is browser based. It just requires internet connection which can be connected to multi computers without using LAN and servers. 
  • API: The client can integrate the existing software with Reach accounting application , 
  • Automatic Data Backup: Reach stores all the data in servers offsite with regular backups. Hence business information is safe and secure

·         User Interface & Complexity:The software is designed to make its use friendly and easy,no cumbersome process to operate the application and software.

  • Scalability:It is an VAT accounting software which can scale with your business needs. . Some software companies offer only one version of the product and some have progressive versions depending the business type or size. Reach Accounting software offers both integrated an entry level version as well as a feature rich version which you might not need for the current business processing but will definitely need in future for business development.
  • Calculation Of Profit Per Car: Calculate the cost of every car sold and profits made real time.Helps you quote the right prices and reduces losses.
  • Outsourced Accounting: The software enables to finish the outsourced accounts in less than 30 minutes.

 

  • Real Time Accounting: Allows client to record sales and purchases online, while finalizing accounts that is checking the Audit trail, providing MIS reports, checking Tax reports, printing financial reports and filing taxes.
  • Accounting for the VAT margin scheme: Our range of accounting templates are designed to ease the whole process of record-keeping, invoice generation & VAT return preparation for used vehicle traders. They have been designed with the FTA requirements and are certain to save you time and prevent  financial losses.

Technology Used: Best Online VAT Accounting Software for Automobiles and Used Car Dealers in UAE

Reach has implemented the latest technology Cloud Computing to handle  day to day business transactions just  a click away from your browser from any part of the world.

Cloud Computing is a concept through which organizations can manage their data centres, processes and applications online via internet on the scheme of pay for use basis. Many of today’s small businesses find great advantages when adopting a virtual office environment. Rather than maintaining one centralized business location, employees are given the opportunity to work from home and connect via computer. Virtual offices can stretch across the country, or even exist within a small geographic area while still providing benefits to both employees and employers. Yet certain business functions need to be managed differently in a virtual environment. When it comes to accounting, a cloud system can improve virtual office management, especially for tasks such as expense tracking and financial report consolidation.

Benefits of Cloud Accounting

  1. Spread the cost of the software by making payments by monthly subscription instead of one lump sum.
  2. All the upgrades for cloud accounting software are carried out by the supplier at no extra cost, so you are always on the latest version.
  3. You can access cloud accounting software anywhere that has an internet connection, so no need to use a particular computer or be stuck in the office.
  4. As the name suggests, all the data is stored securely in “the cloud” which means on the supplier’s bank of servers, continually backed up, so you never have to worry again about using up your own hard-drive or taking regular backups.

Best of all, with cloud accounting software, your accountant can share your data, so they can help you if you are stuck on recording certain transactions in your accounts, like the purchase of a new laptop.  They can post their year-end journals directly, so your data is always up to date, but more importantly we can be more help to you.  For example if you would like your accountant to check the figures for your VAT Return or even file it,or prepare some management

 

 

 

 

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