Dubai Customs has issued an announcement that, effective 1
January 2019, all commercial and industrial companies operating
under licenses issued by any of the free zones in the Emirate of
Dubai and holding a customs code issued by Dubai Customs will have
to comply with the new inventory system requirements, and all such
companies that do not have an inventory system, are required to
implement an inventory management system that will meet the new
requirements of Dubai Customs before 1 January 2019. Those affected
Free Zone companies which already have an inventory system must
modify it in accordance with the new requirements of Dubai Customs,
and may possibly require process changes to facilitate the
necessary data capture for reporting purposes.
