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Key highlights of first VAT awareness session conducted by UAE Ministry of Finance

UAE Ministry of Finance held one of its first sessions on VAT Awareness on 21st March 2017. Key points highlighted in the session are as below:

  • According to VAT GCC framework treaty, member states ready to implement will do so on 1 Jan 2018 and other states will implement on 1 Jan 2019. VAT will be implemented in UAE on 1 Jan 2018.
  • "UAE VAT law" is currently being reviewed and is expected to be issued in coming months.
  • UAE has set-up a Federal Tax authority (...

 
PBS is registered agent for JAFZA Offshore

Features:

  • Registration of JAFZA Offshore Company is done through authorized agents. PBS is registered agent for JAFZA Offshore
  • 100% foreign ownership is allowed.
  • Exempted from all taxes and no restriction on capital and profit repatriation.
  • The company can own real estate properties on Palm Islands, or any properties owned by Nakheel Company LLC, EMAAR, or any other real estate properties approved by the JAFZ – Authority.
  • The company can h...

 
Client testimonial

Testimonial from a client on a recent assignment...

RAKFTZ, DAFZA and DMCC Approved auditors

We are one of the approved auditors for RAKFTZ, DAFZA and DMCC/JLT free zones in UAE. For the audit of RAKFTZ/DAFZA/DMCC companies, please contact us at info@premierebss.com....

 
PBS, Registered Agent for Ras Al Khaimah Offshore (RAK Offshore)

A RAK Offshore Company can only be incorporated by a Registered Agent and Premiere Brains Accounting and Auditing (PBS) is one of the Registered Agents for incorporating Offshore Company regulated under Ras Al Khaimah Investment Authority. PBS offers a full range of corporate services to its clients through tax effective offshore structures primarily in the United Arab Emirates. Our range of services include incorporation, management and administration of the offshore company,...