UAE is one of the fastest-growing tax havens
The UAE is one of the world’s fastest-growing tax havens according to The Corporate Tax Haven Index 2021.
10. March 2021
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The UAE is one of the world’s fastest-growing tax havens according to The Corporate Tax Haven Index 2021.
Strategic location of Dubai, in the middle between Europe, Africa and Asia and excellent conditions for doing business have created in recent years from Dubai the brand on its own.
In a landmark citizenship policy change, the UAE is to allow for the naturalisation of foreign investors, skilled professionals.
On 24 December 2020, after a referendum on Brexit, the UK and EU concluded a free trade agreement worth of 660 billion, the biggest in history.
On 23 November 2020 the government of the United Arab Emirates officially announced that foreign investors can fully own local companies (LLC and joint stock companies) without the need for an UAE citizen sponsor currently required to hold the 51% majority.
Nowadays, in the global and interconnected world with issues such as security, healthcare, and education, the tax advice is not just about minimising taxes anymore.
