Yes, free zone registered companies are not exempt from VAT. Read more about exemptions in our articles
Yes, to maintain compliance, you are advised to conduct all business transactions only on the corporate account.
First request the free zone to cancel all visas under the company, then the company immigration card and e-channel, and finally the license. To cancel the business license, an auditor's report and NOC from the bank are required.
Yes, free zone registered companies are not exempt from VAT. Read more about exemptions in our articles
Your Path to Business Establishment: Leading Company Setup Consultants