Friday, July 25, 2025

20% annual tax

Dubai announces 20% annual tax on foreign banks

UAE's Vice President and ruler of Dubai Mohammed bin Rashid Al Maktoum announced a new tax on foreign banks in the emirate on Thursday, representing another change to the country's tax landscape. What happened: The new law requires foreign banks...

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Dubai residents will no longer be able to renew their visas in the UAE unless they pay traffic challans, what expats need to know

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