Home / Tech Data helps resellers manage customs confusion

Tech Data helps resellers manage customs confusion

Tech Data is offering resellers up to 25% of shipment costs to help protect them from confusion over GCC customs union

Tech Data has announced a move to help its customers to manage the transition to a single GCC customs zone. The distributor is cutting shipment charges by up to 25% for the remainder of the month, to provide resellers with a buffer against unexpected customs charges.

From the start of January, the GCC is supposed to operate as a single customs zone, with a standardised 5% import duty, to be paid once, for all member countries. However, actual implementation on the ground is taking a while to implement, so Tech Data is cutting shipping rates to provide protection against delays in shipment and incorrect customs charges, explained Michael Vosper, Tech Data’s new operations director.

“Our customers could incur custom duties twice, once in the UAE and another time once the product reaches the borders of some of the other GCC states,” said Vosper. “We are delighted to see this very real move to customs union, but we have to recognize that there is a period of transition involved in any change of this scale,” he said. “This initiative from Tech Data is intended to assist in minimizing the impact of the transition for the region’s technology companies. Our intentions are to keep the business levels up in the GCC, ensuring our customers have access to best prices at all times, while continue supporting great initiatives taken by the GCC governments.”

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.