Know the quite about Dubai street business setup

As Dubai is one of the popular gulf countries across the world, it is obvious that people prefer to visit and set up their business bases in the country. Dubai invites people to set up their business in the country, as it helps the economy and the job opportunities for the people. Dubai has become a base for many companies, as the cost of living and the manpower turns out to be cost efficient compared to any of the countries in Europe or in America.

Why choose free zones in Dubai

Company Formation in Dubai free zones has been widely recommended by most of the business men, as the amount of tax payable to the government is less and the manpower availability is more. Free zones have been developed exclusively for the business purposes and this gives an opportunity communicate and interact with other businesses easily

Where are free zones in the country?

Free zones are available in most of the cities and a Limited Liability Company Formation in Dubai And UAE is quite easier, as the government of the UAE gives extra benefits of doing business from free zones. Free zones are available in most of the locations like Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quain, Fujairah, Ras Al Khaimah and so on...

Conclusion

Business Setup Dubai has become easier in the past 20 years, as the government is looking forward to expanding and improve the country’s economy by inviting people to invest and do business in Dubai.

Ultimate Guide for Company Formation and VAT Registration in U.A.E Free Zones

Dubai is the perfect destination for those who are looking for the Company Formation in U.A.E Freezones as they are more than 40 free zones available which offers excellent conditions to setup different types of start-ups like industrial, technology, auto, etc. The foreign investors who want to invest in UAE must know about these available free zones which include 0% corporate tax, a business-friendly jurisdiction, the possibility to repatriate all of their profits etc.

As UAE is been planning for the implementation of the VAT for many companies, it is very important for the company owners to know How to register for VAT in UAE.

VAT or value added tax is the tax laid on the supply of different goods and services which are purchased or sold. Over 150 countries have joined this VAT before UAE joined. So, the various businesses can register for the VAT in Dubai and other regions using the online services started by the Accounting firms for VAT in Dubai.

The procedure of VAT registration in UAE includes a simple registration in the online portal created by the ministry of finance, UAE. If you are already registered, just login and follow the option of VAT and tax certificates, fill up the application form and pay the fees online. Visit the online portal, eservices.mof.gov.ae with the basic documents like proof of business and a request letter self-attested by the individual or company.

So, Dubai is the perfect place for anyone who wants to setup their company in the free zone and also enjoy the benefits given by the VAT. As a business owner, follow these guidelines to register for VAT very easily in UAE.

How to Fill Vat Return Forms for your Business in U.A.E ?

Doing business in U.A.E has become very easy as it has many free zones to setup your business. As Dubai is starting to implement the VAT for the businesses, many audit firms for VAT in Dubai have been started. It is very essential for the business owners to know about the procedure for filling VAT return in Dubai.

·         Login in the state VAT department website with the TIN and password provided by the department.

·         Choose the original or revised return option available in the website.

·         Fill the form of VAT return by following the local rules and data available

·         After filling the form verify all the details and click on submit, save the pdf file and take the printout of the filled file.

These are the simple steps included in filling the VAT return forms in UAE. Before these steps, you have to register in the website and login by using the details given after the successful registration of the VAT returns, Procedure for filling VAT return in Dubai.

Although U.A.E is well known for the free zones for setting up the businesses, from 1st January 2018 it is adding the Value Added Tax regime. Audit firms for VAT in Dubai is not a new term, it has already been in use in many countries and also implemented by these countries. Now, it’s time for the businesses and services in U.A.E to implement the VAT. 

So, if you are planning to start a business in U.A.E or Doing Business in UAE, follow the above mentioned steps to fill in the VAT return forms and implement them in your business.