VAT Services

VAT Registration

Whether voluntary or mandatory, the VAT registration process is the same. The tax authorities have a particular portal for the process where they can easily register their company. However, one has to be very mindful while undergoing the application procedure as this should be done correctly in order to get approval from authorities.

Any discrepancy in the application can lead to hefty fines and/or rejection of the application. That’s why most businesses seek VAT registration service providers in UAE. Outsourcing the VAT registration task to experts in the field not only brings peace of mind to you but also helps you keep unnecessary fines and delays in approval at bay. You don’t have to take pains when you have WeSetupBusiness in your city. We have VAT specialists who are active in the field for years.

VAT Return Filing

The threat of penalties always hangs over your head when you are doing business in Dubai, UAE like the sword of Damocles. Especially when you are non-compliant to any of the rules and regulations whether knowingly or unknowingly. However, there are ways to avoid them. And outsourcing complex affairs to experts is one of them. VAT calculations can be fiendish at times. Fines are absolutely inevitable if VAT returns filing in UAE is not done with due care.

Tackling VAT return filing in Dubai, UAE is a cumbersome process and the chances of making errors or any kind of non-compliance are higher than you think. With that said, we can’t deny the fact that VAT return filing needs an expert. The taxable entities must have a thorough knowledge of the tax period and other requirements mandated by the FTA to ensure compliance while filing a VAT return in the UAE.

Not every business has an in-house team of finance experts to deal with VAT functions. And it’s not something that can be performed by jack-of-all-master-of-none ones. That’s where experienced business and management consultants in UAE such as WeSetupBusiness come and help VAT registrants in the UAE to successfully navigate the intricacies of the process.

With our qualified VAT compliance professionals by your side, you don’t have to worry about your various VAT-related chores including VAT return filing.

Office Space Assistance

Looking for a great executive office for rent in Dubai, United Arab Emirates? It's important for businesses to have an office space to smoothly conduct their business and succeed here. The smart and budget-friendly way to establish your business is by finding an office space for rent with EJARI.

EJARI is the term used by authorities in Dubai for registering tenancy contracts. This registration is vital for obtaining a trade license in the UAE. At WESETUPBUSINESS, we offer top-notch furnished dedicated office spaces, virtual offices with EJARI, and Flexi Desks in United Arab Emirates. Here is how we can help you with an executive office for rent in UAE:

We provide office space for rent in the bustling financial hub of Dubai that enhances your business image. you will get a business address at an unbeatable price, even if you're not in the UAE. Enjoy all the perks of a Dubai office while working remotely.

And the best part? You don't have to spend heavy upfront fees when choosing to rent an executive office in Dubai with WESETUPBUSINESS.

Custom Website & Ecommerce Solution

In this contemporary world, a digital presence is a matter of life and death for every business. A professional website and competent marketing provide your business a credibility and more reach. We provide fully customized website with user-friendly backend interface that allows you to build and customize your website without coding knowledge and developer help.

We also provide comprehensive and feature-rich ecommerce solutions with payment gateway integrated that deliver seamless and compelling shopping experiences. Our Ecommerce solution comes with a digital app to provide retailers with an additional digital touchpoint to reach their target audience and deliver convenient shopping experiences. 

Company Formation

WESETUPBUSINESS provides complete assistance in the Business Setup process in the following Jurisdictions of UAE:

Freezone 

A Free Zone company is any company registered within the 60+ Free Zones of the UAE. These type of companies enjoy special perks from the registered free zones such as 100% ownership, none to little tax, easy setup procedure, investor-friendly regulations and freedom to trade globally without any restrictions.

Ownership: A Free Zone Company has no restrictions related to ownership nor need for local sponsors as you enjoy 100% ownership from day one.

Office Space: Free zone companies enjoy the freedom of not requiring a physical workspace; you can efficiently operate your business using virtual offices.

Visa:  There are some restrictions on the number of visas free zone companies can apply for. Generally, the number of visas available depends on the free zone regulations and ranges from 1 to 10. You can also sponsor your family as an owner or employee of a Free zone company.

Benefits of Freezone Companies:

• 100% ownership without local sponsor
• Quick and straightforward business setup process
• 100% repatriation of capital and profits
• 100% exemption from import and export duties
• No physical office required
• Suitable for every trading and services business

Mainland

A Mainland Company, also known as "Onshore Company" is a local business licensed by the Department of Economic Development (DED) of the respective emirate. This license grants the company the freedom to operate within the local market and also conduct business outside the UAE without any restrictions. A big plus for mainland companies is that you can do business with government entities and can get government contracts.

One of the most important things to remember before starting a mainland company in the UAE is the newly introduced tax applicable from 1st June 2023. Now, the companies located in the Dubai mainland are subjected to 9% corporate tax on the net profit above the threshold amount of AED 375,000. 

Ownership: Until recently, you were only allowed to own a maximum of 49%, while the remaining 51% had to go to the Emirati sponsor for mainland company formation in UAE. However, the UAE government now allows 100% foreign ownership for few business activities registered on the mainland.

Office Space: For every Dubai mainland license, there is a minimum requirement of 200 SQFT to be leased out on annual basis. Only then the Department of Economic Development (DED) will issue the license. EJARI Certificate issued from the land department makes the annual tenancy contract, legal and presentable in DED for the issuance of the license.

Visa: There is no limitation on visas on the mainland license, Every mainland company is issued an E-quota (electronic quota) by the Ministry of Labour. This quota indicates the company's eligibility for visas and can be expanded if the company needs more staff. Visa eligibility also depends on the amount of office space the company has. The more office space you have, the higher number of visas you may get. You can also sponsor your family as an owner or employee of a Mainland company.

Approval from Government Authorities: A mainland license does require standard government approvals per license. E.g. DED (Department of Economic Development), DM (Dubai Municipality), Ministry of Labour (MOL), Department for Naturalization and Residency affairs of Ministry of interiors or Immigration (MOI).

For certain business activities, you may need approvals from external government authorities. For instance, licenses related to education may require approval from KHDA (Knowledge and Human Development Authority), medical licenses may need approval from DHA (Dubai Health Authority), and food-related licenses may require approval from the FOOD Department of Municipality. Depending on your business, you might also need approval from authorities such as Civil Defense or the Real Estate Regulation Authority.

Benefits of a Mainland Company:

• Freedom to run business throughout the UAE without restrictions
• Up to 91% exemption from corporate and personal taxes
• Allowed 100% repatriation of profits and capital
• Potential bid and work on UAE government contracts
• No limitations on the number of visas
• Able to set up office locations anywhere in the registered emirate and establish multiple business branches building a strong presence in the local market
• Unrestricted access to the global markets

Offshore

Another popular option that most of investors choose is the offshore company formation in UAE. Let’s dive into this and try to understand what an Offshore company is:

Offshore company in UAE is a very flexible corporate entity. This allows the company to be integrated into numerous business arrangements. Proper use of an offshore company can achieve tax reduction and increased confidentiality.

The three principal jurisdictions offering Offshore Companies in the UAE are Ras Al Khaimah (RAK), Jebel Ali Free Zone (JAFZA), and Ajman Offshore. All of them are “tax-free” jurisdictions that impose no income tax or corporate tax and permit 100% foreign ownership. The United Arab Emirates has established Double Tax Treaty agreements with more than 40 nations.

Benefits of an Offshore Company:

• 100% foreign ownership
• Provide a gateway for international market expansion
• Gateway to a stable and business-friendly legal system
• Access to a more adaptable regulatory authority
• Offer tax impartiality on international revenues in respect of (depending on the jurisdiction) personal or company income, capital gains, and inheritance taxes
• Provide better access to global funding

Bank Account Assistance

UAE is regarded as one of the leading business hubs in world and most of the companies are taking their business global in UAE, banking in Dubai have become an attractive option for foreign investors. The UAE boasts a strong and autonomous banking system, making it a leading international financial center with a rapidly growing economy. This has established it as a business hub, drawing corporate banking activities. Dubai, in particular, stands out due to its stable financial market, strong bank secrecy, and minimal regulations, making it a preferred choice over other financial centers.

Why Choose WESETUPBUSINESS for Bank Account Assistance in UAE?

At WESETUPBUSINESS, we help to open bank account in Dubai and in various other emirates of the UAE. Our in-house banking experts have extensive knowledge of UAE banking protocols and maintain excellent relationships with both local and international banks. We have successfully helped numerous clients with their bank account needs.

Our Banking Network:

• Emirates Islamic Bank (EIB)
• First Abu Dhabi Bank (FAB)
• Emirates NBD (ENBD)
• Mashreq Bank
• Commercial Bank of Dubai (CBD)
• Dubai Islamic Bank (DIB)
• Abu Dhabi Commercial Bank (ADCB)
• WIO Bank 
• Abu Dhabi Islamic Bank (ADIB)

Key benefits of Bank Account Opening in Dubai:

• Easy international access
• Attractive interest rates
• Multi-currency banking
• Convenient fund transfers
• Flexible investment options
• Non-restrictive banking services
• Dedicated relationship managers (RM)
• Mobile and Online banking

Visa, Medical & ID

Our years of experience and holistic approach to business setup in Dubai can deliver committed and responsible local sponsorship, visa, medical, and Emirates ID services that ensure the entire process is smooth and hassle-free.

You can also avail our VIP service in which you can get your medical and fingerprints on a single day with a VIP protocol so you don't have to wait for days to get all the procedure done.