April 25, 2019 at 12:08 pm #5300
Hi there I been through the proposal and want to reconfirm that my client will be invoicing for commodity trading done in the Democratic Republic of Congo. The fees are also quite high is there another alternative or fee structure u have.
This is a message from the Lead, What will be the exact activity I will going to base?
Thank youApril 25, 2019 at 12:12 pm #5301
it is a going to be a commodity business who is going to invoice the DRC
the activity is receiving funds from DRC for the Commodity activity
So more like invoicing for the trading in DRC.
And what cost will I suggest in DMCC? is that on Service Licensed type?
Thank youApril 25, 2019 at 6:36 pm #5302
The activity is using UAE only as an invoicing hub. The goods will go from one destination to another outside UAE from DRC. For such a model of business, a General Trading licence activity will suffice. Or if there is a specific commodity category he can take a Commercial Trading Activity.
It is not a service activity licence but a trading activity licence. DMCC will cost AED 63,000 including Varal’s charges.April 26, 2019 at 5:14 pm #5319
It is General Trading as confirmed by the Lead.
is AED 63,000 for general trading? coz in the cost sheet that we have it cost AED 102,540, for general trading.April 26, 2019 at 5:26 pm #5320
Is this activity available in DMCC or DWC?
Coz I its an offshore right?
Thank you very much for the ReplyApril 28, 2019 at 11:30 am #5322
The General Trading Licence will be 102,540 AED in DMCC. The cost of AED 63,000 is for specific trading or service licences. It is not an offshore company but an onshore free zone company with a trade licence.
The activity of General Trading is available in DMCC. DWC will also give the same. Both are free zones. DWC however will demand a 30 Sq. mtr. office to be leased to permit General Trading licence at the rate of AED 1300 per sq.mtr. The total cost in DWC for a General Trading will be about AED 74,000April 28, 2019 at 11:33 am #5323
Sorry – a correction please. The Total Cost of DWC General Trading licence will be AED 78000.April 28, 2019 at 11:48 am #5324
Thank You very much
- The forum ‘Activity’ is closed to new topics and replies.