TAXATION

For individuals and companies Dubai offers attractive tax advantages:

  1. Rental Income Tax 0%
  2. Income Tax 0%
  3. Capital Gains Tax 0%
  4. Land Registration Tax 1.5% (paid to government on completion)
  5. Transfer free 1-7% (paid via developer on resale of contract)
  6. Corporation Tax 0% (except oil companies and branches of foreign banks)

The two Free Zones are a powerful stimulus to commercial growth:

  1. Up to 100% foreign ownership
  2. Exemption from corporation and income taxes
  3. Exemption from customs duties
  4. Freedom to repatriate both capital and profits
  5. Absence of currency restrictions