9 Interesting Facts About Dubai

Taxes have only just been implemented in Dubai

In the past, Dubai was a tax-free city. Taxation has been a project for the last 10 years that came into action after the crash of the city’s economy. The main reason for the implementation of taxes was an attempt to increase Dubai’s revenue. The UAE implemented VAT at the rate of 5% on January 1, 2018. Nevertheless, almost 100 products, healthcare services, and education are still tax-free.