There is a rumor that Dubai has another additional taxation plan

[bikar]

Dear All,

I was talking to one friend which is giving consultancy on real estate and construction. He mentioned that there will be additional tax (either CIT, PIT or dividend) coming in Dubai which will be increasing as the money earned increase.

I thought this is not very realistic because they ve just stated 9% CIT but i wanted to be sure and open it to discussion here for hearing from you, Masters.

KR,

 

[JohnnyDoe]

How can you trust psycho beduins?

 

[drillbill]

They’re probably just trying to lure in as many people as possible to start their business in Dubai or even relocate there, until they decide they’ve got enough, and then they’ll unleash the tax authorities. Kinda like when they suddenly introduced that 9% tax.

Though, to be fair, that one can be pretty easily offset with expenses.

 

[Davis123]

They’re probably just trying to lure in as many people as possible to start their business in Dubai or even relocate there, until they decide they’ve got enough, and then they’ll unleash the tax authorities. Kinda like when they suddenly introduced that 9% tax.

Though, to be fair, that one can be pretty easily offset with expenses.

My eyes were on Malaysia once like Andrew Heenderson but I found it very difficult to communicate as English is not widely spoken at the time. Now we have Google translator so things might be better

 

[SCHLOSSFINANZ]

PIT will come at 9% latest 2026 as I have been told by an UAE ambassador I know for quite some time...