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Tax Advantage https://www.visitdubai.com/en/business-in-dubai/grow-your-business/dynamic-dubai/doing-business-in-dubai-tax-advantage 20170913T145406 20171225T193521:636498273219523367 Dynamic Dubai Dubai’s economy is free and open to attract business and investment. Government regulation of private sector activities is at an absolute minimum, within the context of complying with international standard practices.  Initiatives and incentives currently in place to foster business growth include:
• No direct taxes on corporate profits or personal income (except for oil companies and branches of foreign banks).
• Low customs duties at 4% with many exemptions; 100% repatriation of capital and profits is permitted.
Dubai’s economy is free and open to attract business and investment.

Dubai’s economy is free and open to attract business and investment. Government regulation of private sector activities is at a minimum, and broadly limited to the context of ensuring rigourous compliance with international standard practices.


Initiatives and incentives currently in place to foster business growth include:


  • No direct taxes on corporate profits or personal income (except for oil companies and branches of foreign banks).
  • Low customs duties at 4% with many exemptions; 100% repatriation of capital and profits is permitted.
  • There are no foreign exchange controls, trade quotas or barriers.
  • A stable exchange rate exists between the US Dollar and the UAE Dirham (US$1.00 = AED 3.678).
  • VAT, which is to be introduced GCC-wide by 2018, will be set at just 5%, with exemptions across certain food items, health, education and social services. The city does not implement income tax.
  • Liberal visa policies permit easy recruitment of expatriate labour from all over the world, with 48 countries currently eligible for visa on arrival.

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English Dubai Corporation of Tourism & Commerce Marketing

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