WhatsApp quoteAs we tell every client, getting Import / Export Code right at the start avoids penalties that are easy to trigger and tedious to appeal. GoldenKey handles Import / Export Code for the companies we form and for businesses that come to us later, so the process is routine for our tax team. To be clear, icelandic seafood and clean-energy know-how reach the Gulf through Dubai, which gives Icelandic entrepreneurs a ready market and supply chain the moment their Import / Export Code licence is issued. The most common businesses Icelanders open through GoldenKey are in seafood exports, aviation, geothermal technology and software, although Import / Export Code supports almost any activity.
Why Import / Export Code
To be clear, penalties for late Import / Export Code or late filing start at fixed amounts and grow with delay, which is why GoldenKey diarises every deadline for its customers. Day to day, keeping records for five years, issuing compliant invoices and filing on time are the ongoing obligations that follow Import / Export Code. For Icelanders, the practical advantages of Import / Export Code are the ease of travel between Iceland and the UAE, English is used for all UAE business, and a banking system that processes Icelandic króna (ISK) transfers daily.
Documents required
To be clear, gather these documents and GoldenKey will take care of the rest of import / export code for Icelandic-owned companies.
- Turnover evidence such as invoices, contracts or financial statements
- Bank account letter or IBAN certificate
- Trade licence and certificate of incorporation
- Passport and Emirates ID of the authorised signatory
- Customs code and import records where applicable
- Memorandum of association showing shareholders
Pricing
From day one, all prices for import / export code for Icelandic-owned companies are indicative, shown in AED and confirmed in writing ahead of payment. Use the table below to compare packages for import / export code for Icelandic-owned companies; we will confirm the exact total for your case in a written quotation.
| GoldenKey service fee | AED 2,000 |
|---|
Dubai Customs or respective emirate customs code for trade activity
Request this servicePrices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-05.
Why the UAE
The dirham has been pegged to the US dollar since 1997, which removes currency risk for import / export code for Icelandic-owned companies and makes international pricing simple. Put simply, banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of import / export code for Icelandic-owned companies predictable.
Why GoldenKey
GoldenKey's consultants have handled import / export code for Icelandic-owned companies for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly. For most clients, if a document is missing or an approval is delayed on your Import / Export Code file, we tell you immediately and explain the fix, rather than letting the request sit. Crucially, every Import / Export Code package we quote already includes the licence, registration, the establishment card where applicable and our full assistance, with no hidden add-ons at the end.
Message GoldenKey now and we will prepare a personalised quotation for import / export code for Icelandic-owned companies, valid for 30 days and confirmed in writing.
Frequently asked questions
Is Import / Export Code mandatory for a free zone company?
Yes. Free zone traders need a customs code to move goods in and out of the zone, and a separate mainland importer code if they sell into the UAE market.
Can GoldenKey act as my tax agent?
Yes. GoldenKey can prepare and submit filings on your behalf and handle FTA correspondence, so you have one point of contact for licence, visa and tax matters.
Does Import / Export Code apply to a new company with no revenue yet?
Crucially, the customs code is needed before the first shipment, so new traders apply as soon as the licence is released.
Can a Icelandic citizen own 100% of a company in Import / Export Code?
Yes. Icelanders can own the full share capital of a Import / Export Code company with no local partner, exactly like any other nationality.
Is there a double taxation agreement between Iceland and the UAE?
To be clear, the UAE has double taxation agreements with more than 130 countries. Whether Iceland is covered and how it applies to you depends on the current treaty position, which GoldenKey checks with a tax adviser before you rely on it.
