For individuals, the UAE levies no personal income tax. Day-to-day consumption is taxed with a 5% VAT (among the lowest globally). For companies, a federal corporate tax of 9% applies to profits above AED 375,000 (for financial years starting on/after 1 June 2023), with a domestic 15% top-up for very large multinationals under the OECD rules from 2025. For most high-earning professionals and...
Dubai’s off-plan real estate market is one of the most active in the world, attracting investors from every corner of the globe. Many buyers purchase properties during the construction phase to take advantage of lower entry prices and flexible payment terms. But what happens if you want to sell your off-plan property before it’s completed? Whether you’re looking to unlock profits, free up capital,...