Is Dubai Really Tax Free ?

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

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

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

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

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

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

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

Check more Web-Stories