How is VAT collected?

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How is VAT collected?
Businesses that are VAT registered collect VAT taxes from the customers on behalf of the government on any taxable goods and services at the rate of 5%. UAE government applies VAT on tax-registered businesses at a rate of 5% on a taxable supply of goods or services at each step of the supply chain. The Tourist that visits UAE also pays VAT on any sale that they commence.

nusetup is a business setup company that helps you in business registration in Ras Al Khaimah free zone. You can set up your company and register your business in Rak free zone Dubai office within your budget with our help and guidance. Businesses that are setup outside the boundaries of Ras Al Khaimah city are known as Rak free zone business setup. These businesses are only allowed to deal with the international market and not the local market if does not have a legal local partner. Getting a business registration in Ras Al Khaimah free zone is one of the biggest challenges in establishing your business. For business registration in Rak free zone Dubai office, you need to first redeem a trade license for your company so that you can get clear permission from the agencies and government ministeries of Ras Al Khaimah. Company registration in Rak free zone cost can differ. According to the business that you want to set up in Ras Al Khaimah free zone, company registration Rak free zone cost will be applied as per the requirement by the Ras Al Khaimah Government. In All this hectic procedure nusetup can help you in business registration in Rak free zone Dubai office in no time and at a minimal cost.

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