99.6% of transactions completed online
Dubai Customs completed 5mn transactions in Q1-2021, according to latest figures. This is equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20% more than Q1-2020, in which 4mn transactions were completed, the Government entity reported in a press release.
“We will target new international markets and attract more foreign investments to achieve Dubai vision of raising trade to 2tn dollars in the next five years following the directives of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai,” affirmed Abdullah Mohammed Al Khaja, Executive Director, Clients Management Division.
“We will actively participate in achieving the objectives of Dubai Strategic plan 2030 through building on what has so far been achieved in the emirate, which turned it into a regional and global hub for trade and tourism,” he continued.
Customs declarations grew 24% in Q1-2021 to 4.47mn (50,000 declarations a day on average) from 3.4mn in Q1-2020. Payment requests came second at 238,400, followed by certificate and report requests at 141,800. Booking inspection date service received 76,700 requests and business registration service received 59,600 requests.
Transactions completed through smart platforms in Q1, 2021 formed 99.6% of the total 5 million transactions, with 67.2% completed through smart channels (3.4mn transactions), 32.3% through electronic systems (1.6mn transactions), and only 23,500 transactions through the counters.
To bolster partnership with the private sector and stimulate business activities, Dubai Customs gave authorization to appointed car agencies to register their cars with the aim of saving time and cost.
