Monday 6 March 2017

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.

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