In the United Arab Emirates, all designated areas must have a Warehouse Keeper who is responsible for supervising the Designated Zone’s activities and ensuring that it adheres to the necessary safety and security standards. To be eligible for this role, a Warehouse Keeper must apply to the Federal Tax Authority for authorization to oversee the Designated Zone.
Starting from April 1, 2023, this statement offers additional information about the requirements and standards necessary to register as a Warehouse Keeper or to renew the registration of a Designated Zone. It elaborates on the conditions and criteria that must be met.
Anyone who manages or plans to manage a Designated Zone for excise tax purposes (also called an “excise”) must enroll as a Warehouse Keeper and enroll each of the Designated Zones that they oversee or intend to supervise. As a component of the Designated Zone’s registration or renewal of registration application, the Warehouse Keeper must:
This article was published on 31 March 2023
Send in your questions or book a consultation session with our Tax Experts to get all your Tax related query answered.
On the occasion of Eid, we will be out of the office but just a call away from you. Please find the contact details below to get in touch with us: