ShintoMystic
Fri Jun 07 2024
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7 answers
1816
Is Dubai tax free for residents?｜Dubai, a city within the United Arab Emirates (UAE), is often regarded as a tax-friendly jurisdiction due to its . Additionally, there are no capital gains taxes or withholding taxes on dividends and interests.absence of personal income tax and corporate tax for most businesses
Does Dubai offer tax-free privileges to its residents? Dubai, nestled within the United Arab Emirates (UAE), is widely known for its tax-friendly policies. Is it true that individuals residing in Dubai do not have to pay personal income tax? And does this tax-friendly environment extend to businesses as well, eliminating corporate taxes? Furthermore, are there any taxes levied on capital gains, dividends, or interests in Dubai? I'm curious to know if these tax exemptions truly exist and how they benefit the residents and businesses of this prosperous city.
Maria
Fri Jun 07 2024
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7 answers
1710
How do I register for cryptocurrency in Dubai?
Could you please guide me through the process of registering for cryptocurrency in Dubai? I'm interested in exploring this area but am not entirely sure how to proceed. What are the necessary steps? Do I need to provide any specific documentation? Is there a specific platform or exchange that you recommend? Additionally, are there any regulatory considerations or legalities I should be aware of? I would greatly appreciate your insights and advice on this matter.
JejuSunshine
Fri Jun 07 2024
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5 answers
1050
Can I move my crypto to Dubai?｜Despite its reputation as a conservative region . And with no personal income tax or capital gains taxes to pay, successful investors also get to keep more of any profits they might make.Dubai, along with the wider UAE, does permit cryptocurrency trading
Could you please elaborate on the feasibility of transferring my cryptocurrency to Dubai? Given its reputation as a conservative region, I'm curious to know if there are any specific regulations or restrictions that might apply. However, Dubai's absence of personal income tax and capital gains taxes sounds quite appealing. Would I be able to retain a larger portion of my potential profits? Additionally, I understand that Dubai and the wider UAE allow cryptocurrency trading. Could you provide more insight into this aspect? Thank you for your assistance.
EtherWhale
Fri Jun 07 2024
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6 answers
1141
Is Binance legal in the UAE?｜DUBAI, April 18 (Reuters) - Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA that will allow the platform to target retail clients in addition to qualified and institutional ones.
Is Binance officially recognized and operating legally within the UAE? Could you clarify the status of Binance's operations in Dubai following the announcement on April 18th by Reuters, stating that the cryptocurrency exchange has obtained a licence from VARA, Dubai's regulatory body? This licence reportedly permits Binance to cater not only to qualified and institutional investors but also to retail clients. Could you elaborate on the legality and regulatory compliance of Binance's activities in the United Arab Emirates?
CryptoVeteran
Fri Jun 07 2024
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5 answers
1051
Do I need crypto license in Dubai?｜, such as the Dubai Crypto Asset Regulatory Authority (VARA) or the Dubai Financial Services Supervisory Authority (DFSA).Operating a cryptocurrency business in Dubai requires a specialised licence from the relevant regulatory authority
Could you please clarify whether it is necessary for me to obtain a crypto licence in Dubai? I've heard about regulatory authorities like the Dubai Crypto Asset Regulatory Authority (VARA) and the Dubai Financial Services Supervisory Authority (DFSA). If I'm planning to operate a cryptocurrency business in Dubai, do I absolutely need a specialised licence from one of these authorities? Could you also elaborate on the process of obtaining such a licence and any associated requirements? Thank you for your assistance.
