Dubai Import/Export Company: General Trading + Customs in 24 Days
A Turkish industrial parts trader needed Dubai general trading FZE with customs warehouse and AED multi-currency banking for GCC distribution flow. Set up at Meydan + customs codes in 24 days.
Turkish Industrial Parts Wholesaler
A Turkish wholesaler of industrial bearings, hydraulic components, and machine spare parts. 12 years operating, USD 3M annual turnover. Sourced from Turkey + Europe + China, sold to GCC industrial buyers (Aramco contractors, Bahrain BAPCO, UAE industrial maintenance). Existing channel: ship to UAE buyer-specified address, complex customs.
Wanted Dubai entity for: direct UAE customs clearance, AED invoicing, customs warehouse to consolidate shipments from multiple sources, faster delivery to GCC buyers.
Multi-Source Customs + Consolidated Logistics
Multi-source import requires customs warehouse code allowing entry of partial shipments under bond. Goods from TR/EU/CN cleared in Dubai, consolidated, then exported to GCC buyers. Without customs warehouse: each consignment cleared at full duty + 5% VAT, eliminating margin.
- Customs warehouse code required
- AED + USD + TRY multi-currency banking
- LC facility for TR + EU + CN suppliers
- 4 visas for ops staff
- Bonded warehouse contract
What We Recommended — and Why
Jurisdiction: Meydan Free Zone
Meydan chosen for: Dubai postal address (banks prefer over Sharjah/RAK), customs warehouse capability, lower cost than DMCC/JAFZA for trading-only ops.
Meydan Free ZoneLicense: General Trading FZE
Meydan FZ-LLC with General Trading + Import & Export activities. Single shareholder (Turkish founder). 100% foreign ownership.
FZ Company FormationVisas: 1 Investor + 3 Employees
Founder Investor Visa. 3 employees: 1 logistics manager (Turkish), 1 warehouse staff (Pakistani), 1 sales (Indian).
UAE Investor VisaBanking: ADCB Trade Finance
ADCB chosen for: TRY/EUR/USD/AED multi-currency, LC facility for Turkish + EU + Chinese suppliers, Turkish documentation acceptance.
Corporate Bank AccountFrom First Call to Fully Operational
- Day 0 Discovery + supply chain map
- Day 1-4 Meydan application + bonded warehouse lease
- Day 7 License + customs warehouse code
- Day 10-18 4 visas + ADCB compliance (Turkish KYC)
- Day 20-22 LC facility approved (USD 300K)
- Day 24 First Turkish shipment in customs warehouse
What the Client Received
Deliverables
- Meydan General Trading FZE
- Customs warehouse code (bonded)
- 4 UAE residency visas
- ADCB multi-currency + LC facility
- VAT registration
- Logistics partner agreements (DSV + Aramex)
Customs warehouse was the unlock — without it, every shipment was clearing at full duty + VAT and erasing our margin. Insight had the customs code application going in parallel with the license. We had our first Turkish shipment landed and held in customs warehouse on Day 24.
— B. A. — Turkish Wholesale Trader (NDA)
Frequently Asked Questions
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