Economy

What’s the other name for Dubai?

Dubai, a bustling metropolis in the United Arab Emirates, is often referred to by its nickname: "The City of Gold." This moniker reflects its rapid transformation from a modest fishing…

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What led to the growth of Dubai?

Dubai’s rapid growth into a global metropolis is a fascinating case of strategic vision and economic diversification. The transformation of Dubai from a small trading post to a thriving economic…

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Does Dubai have zero corporate tax?

Dubai, a prominent city in the United Arab Emirates (UAE), has traditionally been known for its zero corporate tax policy, attracting businesses worldwide. However, recent changes have introduced a corporate…

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Does Dubai have 5% tax?

Dubai, part of the United Arab Emirates (UAE), does indeed have a 5% Value Added Tax (VAT) that applies to most goods and services. This VAT was introduced on January…

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How much tax do businesses pay in Dubai?

Dubai’s tax landscape is notably business-friendly, with many companies benefiting from its favorable tax policies. Businesses in Dubai typically do not pay corporate tax, except for oil companies and branches…

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Will Dubai be tax-free forever?

Dubai’s status as a tax-free haven has long attracted businesses and expatriates alike, but whether it will remain tax-free forever is a complex question. While Dubai has traditionally offered a…

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