• Ax Talk
  • Will Dubai save investment attractiveness
Feb 8, 2022
Aram Grigorian

Aram Grigorian

Senior Property Expert

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New Dubai 9% corporate tax on profits. What to expect?

On January 31, 2022, for the first time in the history of the UAE, a 9% tax on corporate income was announced. Why did this happen right now and how can it affect the Dubai real estate market? We are discussing with Ax Capital experts Aram Grigoryan and Head of Sales at Ax Capital, Hisham El Assaad.

01:34Why does the UAE impose tax
02:20Who will not be impacted by taxes
03:00Benefits of tax
03:50Will there be a property tax
05:30Will the UAE pursue Singapore's path
06:11Will be property investors impacted by the new tax
07:44Has Covid affected the imposition of taxes
10:00How the tax will affect everyday life
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