أسئلة وأجوبة
Do you need to start a company and pay VAT to promote products for a foreign company?
I am a Golden Visa holder (Indian citizen) and looking to work as a contractor for an EU-based manufacturer to promote their products in the Middle East. They do not have an office in the region.
If they were to pay me for the above services, is VAT applicable?
And do I need to start an entity in the free zone?
Dear Client,
Thanks for your question, I hope you are doing well. I will definitely assist you in this matter.
As a Golden visa holder in the UAE working as a contractor for an EU-based manufacturer, VAT may apply if your annual turnover exceeds AED 375,000.
Depending on the scale of your activities, you may need to consider a business setup in a free zone or mainland UAE. Ensure that your contracting activities comply with the terms of your Golden Visa.
For any further legal assistance, you can WhatsApp us. We have an extensive team of knowledgeable and experienced lawyers to provide the legal assistance you need.
We will definitely be happy to help you.
Thanks & Regards
ABDUL WAHIED
Hello
This is Nada.
The right way is to open a company and register in the tax system in order to proceed with your activity and accept payment for your services.
If you have any further questions feel free to contact me on the phone.
You must seek and acquire a commercial license related to the business activity you're planning to do.
To discuss further, feel free to reach out to me on my phone to book a consultation for a charge and discuss further what would you need to proceed with the activities you're planning to do.
VAT is applicable to the payments you receive from the manufacturer.
Regarding starting an entity in a free zone, it depends upon several factors including your service nature and the value of your contracts.
If you need further clarification, we can arrange a consultation for a charge.
