Dubai offers a favorable tax environment for businesses, with no corporate tax, a 9% federal corporate tax on profits exceeding AED 375,000 ($102,00, a 5% Value Added Tax (VAT), over 30 free zones, no personal income tax, a 5% customs duty on imported goods, and an excise tax on harmful goods. Businesses should consult local tax advisors for specific obligations and benefits.
Visit us: https://emifast.com/