FAQs
The emirates do not levy a personal tax or capital tax. The UAE’s zero income tax is one of the perks of living in Dubai. Corporation tax only applies to oil companies and foreign banks. VAT is charged at only 5%. The exception is for food products, health, education, petroleum products, and social services. The financial services and residential real estate sectors are also exempt from VAT.
Dubai’s official religion is Islam and the emirate has a significant number of mosques. Religion has an important weight in everyday life. In shopping centers and other public places, you will find the presence of many prayer rooms intended to perform the five daily prayers at any time of the day. Thus, for
“Hijra” or “exile” in Arabic is intended for French-speaking Muslims, it is easier to practice calmly.
One of the main reasons why you should consider setting up a business in Dubai is the economy. Dubai is one of the fastest-growing economies in the world despite the ongoing pandemic. Dubai is a tax haven for foreign investors.
Whether you plan to establish a free zone or a business, all enjoy exemption from corporate income tax. Dubai is also a member of several international organizations to protect your intellectual property.
One of the main reasons why you should consider setting up a business in Dubai is the economy. Dubai is one of the fastest-growing economies in the world despite the ongoing pandemic. Dubai is a tax haven for foreign investors.
Whether you plan to establish a free zone or a business, all enjoy exemption from corporate income tax. Dubai is also a member of several international organizations to protect your intellectual property.
French private schools in Dubai are financially more affordable than British or American schools. They are all equipped with a swimming pool and sports hall. The days begin around 7.45 a.m. and end between 1 p.m. and 3 p.m. and are lightened during the month of Ramadan.
The UAE is ranked the safest country in the world with 96.1% of people feeling safe there. The decisions and strategies put in place by the country have therefore clearly contributed to their obtaining the first place. The main reason why some do not feel completely safe in the Emirates is simply the absence of traffic lights indicating police stations.
– Buy real estate with a minimum value of 1 million Dirhams.
– With a work visa executed by the Employer.
– Establish a company with or without a Local Sponsor.
– THE DUBAI LIFE accompanies you in all your administrative procedures.
-Low crime rate, pleasant climate, and first-class facility to give a taste of luxury.
– The quality of the goods is incomparable, even the mid-range offers services considered a luxury in Europe.
– Cosmopolitan and dynamic, the city of “buildings in the desert” has entered the top 10 of the safest cities in the world and where life is good.
– All real estate annuities are tax exempt. Fiscally, the policy of the emirate and to be very generous with investors.
– The particularity of Dubai is that any type of investor is a winner, whether, in search of purchase-resale, the capital gain will not be taxed.
During a mortgage, you borrow money from the bank, which asks you to set up a file, and commits you to repay with interest. On the other hand, a payment plan is a payment facility managed directly with the developer, i.e. you simply pay for your property in several installments, without the bank coming into play, so you only borrow money at any time.
In Dubai, a rental investment generates on average a rate of return of 6 to 9% after deduction of maintenance costs.
The law in force protects the owners and the rents are paid one year in advance. Material damage caused by a tenant is punishable by law. In the event of an unpaid rent check, the tenant must regularize his situation, otherwise, legal action will be taken.
– Real estate with rates, contributions, and payment plans negotiated to the best for you.
– Opening of a company and/or personal bank account.
– Creation, procedures and registration of companies.
– Procedures and support for obtaining visas for you and your family.
– Making appointments for additional services (school, health, and others…).
– Dedicated trilingual adviser for all procedures (French/English/Arabic).
– Provision of a Local Sponsor
