is Dubai Freezone still Zero tax?

B

banafinfodafuggiano

Member Plus

Jun 18, 2020

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Panama

Oct 17, 2023

#1

• Oct 17, 2023

• #1

As per title, is it still easy to get 0% Tax on your Freezone company?
Do you need to apply for the 0% tax exemption (like in Hong Kong) ?


In my case: 100% of income is derived from outside of Dubai (eu/usa/uk, etc).
and I would only live 3-4 months a year in Dubai (just enough to get the Tax certificate).

 

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Marzio

Rainmaker

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Aug 11, 2019

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Money Bin

Oct 17, 2023

#2

• Oct 17, 2023

• #2

Man we are talking since months that now there's 9% CIT in UAE.

Just do a search.

 

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A

Alexmorgan

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Jun 7, 2023

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Oct 17, 2023

#3

• Oct 17, 2023

• #3

Not anymore

 

J

JackAlabama

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Oct 23, 2020

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Oct 17, 2023

#4

• Oct 17, 2023

• #4

banafinfodafuggiano said:

As per title, is it still easy to get 0% Tax on your Freezone company?
Do you need to apply for the 0% tax exemption (like in Hong Kong) ?


In my case: 100% of income is derived from outside of Dubai (eu/usa/uk, etc).
and I would only live 3-4 months a year in Dubai (just enough to get the Tax certificate).

Click to expand...

no you gotta pay and more importantly do paper shuffling and file.

 

B

banafinfodafuggiano

Member Plus

Jun 18, 2020

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Panama

Oct 17, 2023

#5

• Oct 17, 2023

• #5

I understand. What EMIs / Banks that allow multi currencies are possible to open in Dubai within 1-2 weeks?

 

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Fouche

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Oct 12, 2023

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Oct 30, 2023

#6

• Oct 30, 2023

• #6

banafinfodafuggiano said:

I understand. What EMIs / Banks that allow multi currencies are possible to open in Dubai within 1-2 weeks?

Click to expand...

Hello, try WIO

 

C

csp dubai

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Jun 27, 2021

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Oct 30, 2023

#7

• Oct 30, 2023

• #7

if you want a bank account multicurrency in dubai you might waeght 6 mounths to get it clode in the next 6 weeks

 

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FreedomSearcher

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Jun 10, 2021

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Oct 30, 2023

#8

• Oct 30, 2023

• #8

csp dubai said:

if you want a bank account multicurrency in dubai you might waeght 6 mounths to get it clode in the next 6 weeks

Click to expand...

I got my WIO business approved in under 3 hours of applying.

It used to take a lot longer, and there used to be some issues like them not accepting you for no reason. But that seems to be fixed.

 

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