Tax laws are few and straight-forwardOBGplus
The federal government of the UAE has not promulgated any tax laws. Most of the individual emirates have issued corporate tax decrees, but, in practice, taxes are only imposed on oil- and gas-producing companies at rates set forth in their government concession agreements, and on branches of foreign banks at rates set out in specific tax decrees or fixed in agreements with the rulers of the emirates in which the branches operate. The income tax decrees which have been enacted in each emirate provide…
