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Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

Lawyer

Maha we are jebel Ali free zone manufactuting...

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Maha we are jebel Ali free zone manufactuting company
Lawyer's Assistant: Where are you located? It matters because laws vary by location
inside free zone
Lawyer's Assistant: Has anything been filed or reported?
no
Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?
i want to export good to Muscat and i want 5% duty exemption

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إجابة الخبير: Waleed Al-Helo

Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

Dear Customer,
Thanks for joining and trusting us, much appreciated!
We would like to inform you that if you want to export to Muscat, Oman from the UAE or the Free Zone, you first need to have a commercial register that allows you to export, so in case you have a commercial register and a business can be issued under the register and get an automatic tax exemption of 5%. The UAE government seeks to develop the economy in this region by encouraging the prevention of tax deductions, especially since the VAT was applied in the UAE on January 1, 2018, an indirect tax of 5% imposed on most of the goods and services supplied. At each stage of the supply chain. The cost of this tax is borne by the final consumer. Companies calculate and collect taxes for the government.
Value-added tax (VAT) is a new source of income for the state, which contributes to ensuring the continued provision of high quality government services in the future. This source of income will help to further the UAE's vision of reducing dependence on oil and other hydrocarbon products as key sources of revenue.
Companies and corporations pay the tax they collect from customers to the government, and in some cases may recover the tax they paid to their suppliers. Thus, the net result of tax revenue received by the government is that "value added" throughout the import stages.
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Waleed Al-Helo

Waleed Al-Helo

Lawyer

الأسئلة المجابة 108892 | نسبة الرضا 98.1%

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