Is Dubai Really Tax Free ?

There is no Income Tax on income generated by Individual in Dubai

[{"selector":"#anim-40fffcd5-180a-4e8d-91dd-2118c9a8ba18 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.252929573743504%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1094d7b9-ec90-45be-b942-c8c5213e27d7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ddaa29c-166c-4098-a222-155551ba91ee","keyframes":{"transform":["translate3d(-116.29393%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Dubai levy @20% taxes on the income of foreign banks operating in their country

[{"selector":"#anim-5e8e4a54-41ec-47f5-bd48-b16599d3a3c0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(24.355624844390928%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a3f61298-54ce-4e10-9a37-86c6e88224b8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cdbf4bfa-fa86-4916-83a0-f00a4665cc38","keyframes":{"transform":["translate3d(-115.97444%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Alcohol are taxed heavily with 50% taxation on imports and 30% tax at the point of sale.

[{"selector":"#anim-7a9bc73d-09e6-44ca-82f5-132afafbf0b4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.808848095063372%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-016739c1-2497-40b9-8880-fb58bd20134a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e64d4976-e00c-4557-83a5-0740267141bc","keyframes":{"transform":["translate3d(-116.29393%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Oil businesses are taxed at a mind-boggling 55% rate

[{"selector":"#anim-befb91f7-36f2-4242-979e-71615c06a375 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(29.681372425726966%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-935dae40-310b-4d6a-b2f9-ce764cd2b5c8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9be89095-b27e-4b44-b138-4b58905688f6","keyframes":{"transform":["translate3d(-116.29393%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Dubai charges people 100 dirhams per year to renew their national ID

[{"selector":"#anim-51b8e280-6d87-4cb8-bccf-d01e6d434f37 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9eaf10c6-c5f8-46df-ac32-5d071404296d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-960daea1-adf9-4d9d-937e-2f3714b2004e","keyframes":{"transform":["translate3d(-116.29393%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Dubai government charges a 5% tax on the rental income generated.

[{"selector":"#anim-7ef3488b-3fb9-4050-9feb-f289263117ce [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bbb462f4-e50f-4eed-981e-d65fbc6a9e2f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e0c2140-f772-4655-b054-28b54de96760","keyframes":{"transform":["translate3d(-116.29393%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The parking in Dubai is also owned by the state. The charges for parking are very steep.

[{"selector":"#anim-91c10d34-f6ab-4c51-a8e9-42210e12e22c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.17861491314837%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0386a087-3deb-4ac2-a7c4-49b2260da121","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c047086-7737-4dbb-9687-7fc941ff490a","keyframes":{"transform":["translate3d(-115.65495%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Check more Web-Stories

[{"selector":"#anim-1bb453f2-c1f4-4d3a-ac90-b5628e341a10 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a592c499-4275-461f-9b31-fe092788b7d3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-547439c1-f20b-4f73-a041-6490d9b12542","keyframes":{"transform":["translate3d(0px, -554.66264%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Watch More