HOW TO DEAL WITH TAXES
Great news, the UAE does not levy income tax on individuals. However, depending on where you come from, there will be different rules as to how you gain the advantages of tax-free Dubai. Our experience is that this can be a jungle and can potentially cost a lot of money, if you register yourself wrong in your home country. So, make sure you do your due diligence before leaving or with a local agent in UAE specializing in international taxation.
Be aware, that even though you are tax fee as a private person, your company does not necessarily have the same advantages. UAE levies corporate tax on oil companies and foreign banks. Excise tax is levied on specific goods which are typically harmful to human health or the environment. Value Added Tax is levied on a majority of goods and services.
If you are in doubt about the tax rules you can find updated information on the official site of Federal Tax Authority.
H2L Tip: Seek professional guidance if you are not sure how to register right. One mistake might cost you both time and lots of money.
How can we help? We have a team of qualified people in our network ready to guide you in everything from how to relocate your pet to set up your business in Dubai. Feel free to reach out and we will happily connect you: firstname.lastname@example.org
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