Are taxes low for business setup in Dubai?

Are taxes low for business setup in Dubai?

Key Takeaways:

  • Dubai has no personal income tax, allowing individuals to retain 100% of their earnings.
  • A federal Corporate Tax of 9% was introduced in June 2023, but it applies only to profits exceeding AED 375,000.
  • Free Zone companies can still benefit from a 0% Corporate Tax rate on “qualifying income” if specific conditions are met.
  • A Value Added Tax (VAT) of 5% is applied to most goods and services, which is one of the lowest globally.
  • The overall tax environment remains highly competitive and attractive for Business setup in Dubai.

Dubai has long been renowned as a tax-friendly jurisdiction, a significant draw for entrepreneurs and investors globally. When considering a Business setup in Dubai, the question “Are taxes low for business setup in Dubai?” is consistently at the forefront of their minds. The answer, in short, is a resounding yes, though the tax landscape has evolved …

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4 Mistakes Dog Owners Make When Buying Accessories

4 Mistakes Dog Owners Make When Buying Accessories

Walk into any pet store and prepare to have your wallet attacked by cute dog accessories. The marketing works too well: that adorable sweater, those light-up collars, the bed that costs more than your own sheets. But here’s what nobody tells you about buying dog stuff.

Most dog owners make the same expensive mistakes over and over again. They buy accessories that look great but don’t actually help their dogs, or worse, cause problems nobody saw coming.

1. Falling for Pretty Things That Don’t Work

Those sparkly collars covered in rhinestones look amazing in the store but terrible after one muddy walk. Decorative accessories break easily and often irritate dogs’ skin with rough edges or cheap materials that cause allergic reactions.

Function beats fashion every single time when it comes to dog gear. Your dog will benefit more from a simple collar that fits correctly and stays put than from …

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