0% taxation

• In Dubai and Abu Dhabi there is no tax on income from renting an apartment! Only when renting properties that are not intended for residence, the tax is 10%
• Individuals and companies are not subject to income tax.
• There is no capital gains tax in all UAE countries.
• Corporate tax - if you decide to start a company in the Union, the tax is 0% in the tax-exempt areas of the Union!
• A recent update to the law established that starting June 1, 2023, the corporate tax will increase to 9% on profits over AED 375,000.
• In the US reporting obligations for the sale of property abroad can lead to reduced tax payments. It is recommended to consult with your tax professional on this and other tax reporting matters.