Taxation in UAE
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Taxation in the UAE
Personal or corporate income is not subject to taxation in the UAE. However, Dubai charges a municipal tax on the rental of properties.
VAT was implemented in the UAE on the 1 January 2018 at 5%.
A number of free zones are in place, aimed at encouraging investment. All can offer complete tax free incentives of anything up to fifty years.
Organisations that can assist with Taxation
Company formation in Dubai is not a straightforward task. Despite this, Dubai has a unique set of appealing features that attract entrepreneurs and established businesses alike, to make Dubai a base for their operations
Sovereign offers a range of advisory and support services to assist companies of all sizes to establish successful business operations in foreign markets.