VAT Facts on Freezones in the UAE
The infographic describes of VAT in the UAE impacts the various freezones. Freezones were created to allow businesses to operate outside the laws of the Emirates of the UAE and avoid having to take on a sponsor. Most businesses in the freezones have been able to operate without any transparency or reporting. With the implementation of the VAT system most businesses now have to register with the FTA and this inforgrapihc explains how VAT impacts the various Freezones.
Source: VAT IN UAE
- Report infographic