Expatriates in the United Arab Emirates Emirates. Expatriate Afghan businessmen, traders, and entrepreneurs formed an Afghan Business Council of Dubai in 2005. The organisation strives to develop economic, cultural, and social relations between Afghanistan and the UAE, and to promote the interests of the Dubai Afghan business community. The Afghan community in the UAE forms the second largest diaspora of Afghans after the United States. Over 500,000 Bangladeshis live in the UAE. Expatriates from Bangladesh in the United Arab Emirates form one of the largest communities along with others hailing from the Indian subcontinent. They are spread out over the various emirates of the country, with
Taxation in the United Arab Emirates Taxation in the United Arab Emirates The United Arab Emirates is a federation of seven emirates, with autonomous emirate and local governments. The United Arab Emirates does not have any federal income tax. An income tax decree has been enacted by each Emirate, but in practice, the enforcement of these decrees is restricted to foreign banks and to oil companies. The UAE government implemented value added tax (VAT) in the country from January 1, 2018 at a standard rate of 5%. Most of the revenues have been generated from oil sales to other countries. UAE is looking to diversify from