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If you are an expat in Dubai, or planning to become one, you need to know all the details. Is Dubai really tax-free? Dubai is indeed tax-free, at least concerning income tax, for both Dubai residents and companies. You may want to consult your financial or tax adviser or enquire directly with the tax authority, such as the HMRC in case of the UK. Firstly, not all companies enjoy zero taxes. Examples of sectors with non-zero corporate taxes include banking and oil production.
There are other taxes and fees which are of greater concern to individuals. These are not directly related to your salary, but in some cases they can represent considerable amounts of money. Examples include the road toll Salik , the Municipal Tax or charges in hotels and restaurants. If you live in your own property, the tax is 0. If you have negotiated lower rent when renewing your rental contract, make sure you inform the authorities, so they lower your Housing Fee.
Many people forget this. It is charged on a per room per night basis on stays in hotels, guesthouses, apartments and holiday homes. Some British expats are concerned whether their Dubai earnings will be subject to tax on their return to the UK. The simple answer is no. That said, changing country of residence can have tax and other implications on your investments or pension plan. Always seek professional advice to make sure you understand how the rules apply to your particular situation.
Adopting a child in the UK requires an extensive and costly process designed with child welfare as Gold as an investment is highly contentious. Dubai Income Tax Is Zero Dubai is indeed tax-free, at least concerning income tax, for both Dubai residents and companies.
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