Mon-Fri from 08:00 till 19:00 Kyiv
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Only letter and space (from 2 till 30 characters)
Enter correct number, ex. +380777777777

Dubai passed a law introducing a 20% tax on all foreign banks

Dubai passed a law introducing a 20% tax on all foreign banks

All foreign banks operating in Dubai (except those holding a DIFC license) will be subject to a 20% tax.

According to the innovation, foreign banks will be taxed at the rate of 20% of annual taxable income. If corporate tax is paid in accordance with the law, its amount will be deducted from the total tax liability.

The law will be finally adopted after publication in the official gazette.

Order service

with our specialists

Only letter and space (from 2 till 30 characters)
Enter correct number, ex. +380777777777
Only name@mail.com format accepted
Only letter, numbers and spaces (from 2 till 30 characters)
Any questions left?

Sign up for free consultation with our specialist

Only letter and space (from 2 till 30 characters)
Enter correct number, ex. +380777777777