An export coffee trading business involves the buying, selling, and distribution of coffee on an international scale. It acts as an intermediary between coffee producers and buyers, sourcing high-quality coffee beans or processed coffee products from coffee-growing regions and exporting them worldwide.
The business includes sourcing, quality control, logistics and export, market analysis and sales, documentation and compliance, risk management, and marketing and promotion. The goal is to connect coffee producers with international buyers, facilitate coffee trade, and contribute to the global coffee supply chain.
The business activities that fall under Export Coffee Trading Business are:
Wholesale of coffee, tea, cocoa, and spices (4630.10): This involves the buying and selling of coffee, tea, cocoa, and spices in bulk quantities to retailers, food service providers, and other businesses. It falls under the broader umbrella of coffee trading because it encompasses the wholesale aspect of the coffee supply chain. Export coffee trading businesses not only trade coffee beans but also deal with related products such as tea, cocoa, and spices. By engaging in the wholesale of these commodities, the business can cater to a broader range of clients and expand its offerings beyond coffee alone.
- Third-party Approval (POST): After obtaining a license from Meydan Free Zone, it’s necessary to obtain third-party approval from the Food Safety Department (Dubai Municipality).
- Filing of Economic Substance Return: Business activity 4630.10 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 4630.10 is exempt from this requirement.
Coffee Trading (4721.75): This refers to the business activity of buying, selling, and distributing coffee beans. It involves various stages of the coffee supply chain, including sourcing beans, processing, quality control, and selling to retailers, wholesalers, or other businesses. Coffee traders engage in activities such as price negotiation, logistics management, and market research to ensure efficient and profitable trade. Export coffee traders collaborate with coffee producers and international buyers, utilising their knowledge of global coffee markets, export regulations, and logistics to connect producers with buyers worldwide.
- Third-party Approval (POST): After obtaining a license from Meydan Free Zone, it’s necessary to obtain third-party approval from the Food Safety Department (Dubai Municipality).
- Filing of Economic Substance Return: Business activity 4721.75 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 4721.75 is exempt from this requirement.
Coffee Roasting & Packaging (1079.80): This business activity covers the process of roasting green coffee beans and packaging them for distribution and sale. While coffee traders focus on sourcing and trading green coffee beans, roasting and packaging businesses add value by transforming the beans into a finished product. In the export coffee trading business, coffee roasting and packaging play a vital role in meeting international market demands.
- Third-party Approval (POST): After obtaining a license from Meydan Free Zone, it’s necessary to obtain third-party approval from the Food Safety Department (Dubai Municipality).Filing of Economic Substance Return: Business activity 1079.80 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 1079.80 is exempt from this requirement.
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