Cryptocurrency Q&A
Is Dubai tax-free for crypto?
Is Dubai tax-free for crypto?
charlotte_clark_doctor
Mon Nov 18 2024
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5 answers
1409
I'm wondering if Dubai has a tax-free policy specifically for cryptocurrencies. I've heard about various tax regulations in different countries, but I'm not sure about Dubai's stance on this matter.
5 answers
Nicola
Wed Nov 20 2024
The United Arab Emirates has implemented a significant policy regarding cryptocurrency transactions.
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Carlo
Wed Nov 20 2024
The government has exempted all crypto transactions from paying value-added tax.
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JejuJoyfulHeart
Wed Nov 20 2024
This move is expected to boost the growth of the virtual assets sector in the country.
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TaegeukChampionCourage
Wed Nov 20 2024
According to one legal expert, the change further legitimizes the use of cryptocurrencies.
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Luca
Tue Nov 19 2024
With this exemption, individuals and businesses can engage in crypto transactions without the added burden of VAT.
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