Emirate of Dubai Emirate of Dubai The Emirate of Dubai (; pr. ) is one of the seven emirates of the United Arab Emirates. The capital of the emirate is the eponymous city, Dubai. It is located in the Arabian Desert on the coast of the Persian Gulf. It is bordered to the south by the emirate of Abu Dhabi, to the northeast by the emirate of Sharjah, to the southeast by the country of Oman, to the west by the emirate of Ajman, and to the north by the emirate of Ras Al Khaimah. In December 1971, the emirates united to form
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