With no income tax, corporate tax or capital gains tax, the country provides a haven for foreign investors and businesses. Businesses in Abu Dhabi, Dubai, and other emirates are subject to corporate tax, which is set at a flat rate of 20...
The UAE Gini coefficient is based on the Gini index, which was developed by Italian statistician Corrado Gini in 1912. The UAE Gini coefficient has steadily declined in recent years, suggesting that the income distribution in the UAE has become more equal...
Dubai, Abu Dhabi, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah are the seven emirates. The UAE has also implemented a number of other taxes, such as corporate tax, excise tax, and stamp duty. Excise tax is applied to certain...
