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Eid Mubarak from Gate One Family

Ramadan kareem 🌙

Let's have a Look Into Dubai's Museum of the Future
Video Credit 🎥

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Worried About The 9% TAX ? 🧐

* For the first time, the United Arab Emirates, of which Dubai is a part, has announced the implementation of a company tax. What does this mean for international businesses and expats in the country?

All enterprises and commercial activities (outside of free zones) with profits above 375,000 dirhams (about $102,000) will be taxed. Small enterprises and startups would be unaffected as a result of this. Natural resource extraction businesses are likewise free from the tax.

Because many are headquartered in free zones, which are tax-free, the impact on foreign enterprises would be negligible.

In the UAE, there are no personal income taxes and they are unlikely to be implemented anytime soon.

Will this make it more difficult for foreign enterprises and expatriates to relocate to the UAE?
Unlikely. According to KPMG, most Gulf bordering states have some type of corporation tax.

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Foreigners can live as residents in the UAE if they are:⁣
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Employed By a Company in the UAE⁣
Freelance Visa in UAE⁣
Investor/business owner in the UAE⁣
A property owner in the UAE.⁣
Dependents include children, parents, maids and close relatives.⁣
University students sponsored by their universities in the UAE ⁣
Retired residents – in this case, special conditions apply.⁣
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Happy 50th National Day! Together, we look forward to another 50 years of unity, exceptional growth and unwavering achievements.

نتمنى للجميع عيد وطني سعيد! معًا, نتطلع إلى مستقبل مليء بالنمو الاستثنائي والإنجازات الثابتة.

👌 Planning a business Set up in Dubai? ⁣
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Contact GateOne Business Setup Services , One of the top business consultants in Dubai for business setup services⁣
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For FREE Consultation, Contact 👇⁠⁠⁣
========⁠========⁠====⁠====⁠⁠⁣
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📩 Email: [email protected]⁣
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🕴️👨‍💼👩‍💼⁣
⁣
Planning a business Set up in Dubai? ⁣
⁣
Contact GateOne Business Setup Services , One of the top business consultants in Dubai for business setup services⁣
⁣
For FREE Consultation, Contact 👇⁠⁠⁣
========⁠========⁠====⁠====⁠⁠⁣
📲 WhatsApp: +971 55 8000 944⁣
📩 Email: [email protected]⁣
========⁠========⁠====⁠====⁠⁠⁣
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🔺Start Your TRADING / PROFESSIONAL Company Starting From AED 18,500 🔥⁠
✅ 100% Ownership
✅ 1 Shareholder⁠
✅ Free PRO Services
✅ 1 Investor Visa for 3 years
✅ 4 Free Visa Quota
✅ Bank Account Opening
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For FREE Consultation, Contact 👇⁠⁠
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📲 WhatsApp: +971 55 8000 944
📩 Email: [email protected]
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