Land reclamation in the United Arab Emirates Land reclamation in the United Arab Emirates Major land reclamation in the United Arab Emirates, though a relatively recent phenomenon, has significantly changed the geography of many parts of the country. Some of the largest and most innovative land reclamation projects have occurred in the UAE. Countless land reclamation projects, both completed, under construction, and planned, have changed the appearance of Dubai, Abu Dhabi, and other emirates and helped to make them world-famous. Abu Dhabi One reclamation method used in Abu Dhabi is filling in low-lying coastal salt flats. Several industrial areas have been built in these areas. Yas Island,
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