- Dubai Customs has issued Customs Policy No. (58/2024) on the Voluntary Disclosure System.
- The initiative empowers importers and exporters in Dubai to rectify previous mistakes in their customs declarations, facilitating adherence to procedural norms and simplifying the process of settling any customs dues.
- The Voluntary Disclosure System offers Dubai importers and exporters the opportunity to receive a partial or complete waiver of customs penalties for infractions that are self-reported before being identified by Dubai Customs.
Source EY