Recent content by Lopt Farbauti

  1. L

    Financial statements UAE Freezone used only for Crypto Cashout?

    What crypto exchange have you used for transfers to Emirates NBD?
  2. L

    VAT registration and declaration that the UAE free zone company is not doing business in the UAE/GCC.

    Have you registered for VAT declaring the UAE free zone company is not doing business in the UAE/GCC but having all invoices issued to non-GCC companies with 0% VAT? If yes, how your declaration looks like? Is it a kind of a free form declaration letter or is there some special form for this...
  3. L

    What happens if you don't register for VAT in Dubai?

    Actually there is a chance to avoid more penalties (except AED 10,000) as I heard if you register as a VAT exempt, but need to prepare a reasonable answers. I had a talk with one of accountants and he confirmed that after giving some explanations to tax authority several of companies were able...
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    What happens if you don't register for VAT in Dubai?

    There was a honest suggestion to a UAE FZ company owners not to register for a VAT and @Fred declared that 99% of the companies do not do it according with his personal experience, so I believe he as well as his customers did not register their companies for a VAT also. Though CIT is here now...
  5. L

    UAE clarification of Freezone Qualifying Income

    There was a honest suggestion to a UAE FZ company owners not to register for a VAT in another thread and @Fred declared that 99% of the companies do not do it according with his personal experience, so I believe he as well as his customers did not register their companies for a VAT also. Though...

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