Tax Haven
A tax haven is a jurisdiction that offers low or zero taxation, financial privacy, and business-friendly regulations to attract foreign investors. While the UAE has traditionally been considered a tax haven due to no personal income tax, no capital gains tax, and 100% profit repatriation, the introduction of Corporate Tax (Federal Decree-Law No. 47 of 2022) at a 9% rate for businesses exceeding AED 375,000 in taxable profits has reshaped its tax landscape. However, free zones still offer tax incentives, including long-term corporate tax exemptions for qualifying businesses, making the UAE an attractive destination for international corporations and startups.
