@dubaicatch_: Thinking about moving to Dubai? Let’s talk about its tax system! First, Dubai has no personal income tax—yes, your salary, investments, and rental income are all tax-free. Businesses pay a 9% corporate tax on profits over AED 375,000, but companies in free zones often enjoy exemptions. Since 2018, a 5% VAT has applied to most goods and services, but essentials like healthcare and education are exempt. If you’re buying property, there’s a one-time 4% registration fee. For trade, import duties are low at just 5%. These policies make Dubai a magnet for expats and businesses alike. With no income tax and a business-friendly environment, it’s easy to see why so many people choose to live and work here.

Dubaicatch

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Sunday 26 January 2025 17:18:31 GMT