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Dubai Freezone Company Formation

Thinking of starting a business in free zone and don’t know what to do for company formation in Dubai? Company formation is too complex to understand and needs a professional company formation expert to help the business to register and set up in Dubai. Dubai is one such destination that helps new businesses or entrepreneurs and offers tax free, 100 percent foreign ownership and free customs duty benefits to investors. The company formation in Dubai starts with the application for a business license. There are three licenses namely: ·          Industrial license ·          Trade license ·          Professional license Industrial license This license is primarily given to industries that are into manufacturing roles for the conversion of raw material or semi-finished goods into finished products by use of power or any other energy legalized by the s...

VAT In The UAE And What It Means For You?

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INTRODUCTION: THERE IS REASON behind the fact that the introduction of VAT in the UAE has become the talk of the town. First of all, the UAE is the hub of many business activities and expatriates. Hence, what matters most is how well the consumers walk through the fire of VAT. WHAT VAT Means: VAT in general applies to almost all the products consumers buy. Negatively, there are fears of consumers stopping spending. Fortunately, consumerism cannot be stopped at any cost, the main reason being that it is the customers who help thrive the business in the world today. AFTER VAT & BEFORE VAT: The change in the way the customers purchase will be a precursor of any new taxation. The new taxation once implemented will maybe stop the consumers from spending lavishly. It is imperative to understand the goals the government keep in mind while implementing any new system.   First the consumers must face the fear of change before enjoying the be...