Tax Benefits of Starting a Business in Dubai: What You Need to Know

In January 2022, the UAE announced a significant overhaul of its corporate tax system, which took effect on June 1, 2023. This change marks a pivotal shift in the UAE’s fiscal landscape, traditionally known for its low-tax environment. The new corporate tax, set at a rate of 9%, applies to corporations with revenues exceeding AED 375,000 (approximately USD 100,000). This initiative aims to diversify tax sources and align with international tax norms to prevent corporate tax avoidance.
Understanding Taxation in the UAE: Essential Insights for Businesses and Expats

The United Arab Emirates (UAE) has long been known for its tax-friendly environment, making it a highly attractive destination for businesses and expatriates. For years, the UAE offered zero income tax and minimal corporate tax obligations, allowing it to become a global hub for business and tourism. However, recent developments, including the introduction of corporate tax, have brought some changes. This guide covers the fundamentals of UAE taxation, highlighting key updates, requirements, and considerations for businesses and individuals.
Understanding the VAT System in Dubai: A Comprehensive Guide for Businesses

The introduction of Value Added Tax (VAT) in Dubai, as part of the United Arab Emirates (UAE), marked a significant shift in the region’s tax landscape. As of January 1, 2018, VAT was implemented at a standard rate of 5%, affecting both businesses and consumers. This article will provide a detailed overview of Dubai’s VAT system, its impact on businesses, and key compliance requirements.