Setup Business in UAE Blog

How basic is UAE Internet Free Zone for Business?

Dubai Internet City is a key construct for associations centering with respect to creating markets in an enormous region connecting from the Middle East to the Indian subcontinent, and Africa to the CIS (Commonwealth of Independent States) countries, covering around 1.6 billion people. As a free-zone, it offers 100% remote ownership, a high-survey of business-to-business affiliation and valuable frameworks organization openings.

Posted 21 October, 2018

Are other Gulf countries making practically identical moves in making a change in business setup?

The UAE updates seek after practically identical changes in Saudi Arabia and Oman. Saudi Arabia announced a plan for a green card-like program in 2016 to be executed over five years and Oman is analyzing recommendation for outcasts to set up a business without an adjacent accessory.

Posted 21 October, 2018

If one has to produce the products outside UAE, what licenses are needed to sell the products within Dubai?

In order to import the goods from outside UAE, one might need to register their company within the Dubai port and customs authority and get themselves an import code.

Posted 21 October, 2018

How is it like to setup a company in free-zone areas?

Free-zones offer a foreign company 100% ownership and the set-up costs are much less in the early stages. But one thing to remember is that free-zone companies can only operate within that free-zone, and they cannot legally trade with onshore companies or government entities.

Posted 21 October, 2018

Can I please a visit or vacationer visa to Dubai, look for some kind of employment and begin working quickly?

It is unlawful to take a shot at a visa other than a substantial work visa in Dubai. Be that as it may, you may come on a visit or vacationer visa and effectively scan for occupations in Dubai. Under late enactment relating to work visas, effective competitors who are contracted by Dubai managers are required to leave the UAE pending arrival of their Employment Visas.

Posted 21 October, 2018

What right does brief residency exclude?

Temporary residency status isn't simultaneous with the privilege to work or look for work in the UAE, nor does it ensure business. Supported youngsters under 18 and freehold property proprietors more than 60, whose residency is supported by the individual property advancement organization, are not qualified for work in the UAE. Every other inhabitant may experience the typical application procedure to be lawfully utilized. Lawful work in the UAE is prove by the Labor Card.

Posted 21 October, 2018

VAT Registration

 

Value Added Tax (VAT) is a tax on the consumption or use of goods and services levied at each point of sale. VAT is a form of indirect tax. This kind of a tax is basically not on the businesses, but burden will be on end-consumers  

 

Registration Criteria

MANDATORY VAT REGISTRATION

  • The total value of their taxable supplies made within the UAE exceeds the mandatory registration threshold over the previous 12 month period, or
  • They anticipate making taxable supplies with a value exceeding the mandatory registration threshold in the next 30 days.
  • The mandatory registration threshold will be AED 375,000

VOLUNTARY VAT REGISTRATION

A company/business or individual may register himself for VAT, if they do not meet Mandatory registration criteria but:

  • The total value of their taxable supplies or taxable expenditure in the previous 12 months exceeds the voluntary registration threshold, or
  • They anticipate that the total value of their taxable supplies or taxable expenditure will exceed the voluntary registration threshold in the next 30 days.
  • The voluntary registration threshold will be AED 187,500.

 

For registration Contact Us

Posted 16 April, 2018

Create a small business for initial research purposes?

ave to purchase some equipment and to take some possible training courses to learn to use this equipment. I am wondering if it would be of any benefit (from tax purposes) for me to start up a small business.

The initial cost to start up would be anywhere from 5k to 20k. Once the equipment comes, I would begin training and there after prototyping. Also, I have a partner who I will be working with.

Posted 24 November, 2018