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What are the characteristics of the tax system in Dubai?

Dubai attracts businesses and investors due to the absence of personal income tax and corporate tax for most companies. This makes the city appealing to professionals and entrepreneurs. I spoke with expats who noted that the lack of income tax allows them to keep more of their earnings. However, since 2018, a 5% VAT (Value Added Tax) has been introduced on most goods and services. This step is aimed at diversifying government revenue. The overall tax system is transparent and streamlined, which facilitates doing business and stimulates economic activity.

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Yacht rental in Dubai, what are the rules of conduct on a yacht?

Basic rules: • Always wear life jackets when going out to sea, especially if you cannot swim or are intoxicated. • Do not overload the yacht. The number of passengers must not exceed the allowed number specified in the rental agreement. • Observe fire safety regulations. Do not smoke in the wrong places, do not make an open fire. • Follow the instructions of the captain and crew. They are responsible for your safety and know how to act in different situations. • Take care of the yacht's equipment and furniture. • Do not throw garbage overboard. Use special trash containers. • Observe the rules of conduct in protected areas and near marine life. Respect other passengers and crew: • Keep quiet at night. • Do not drink alcohol in excessive quantities. • Do not interfere with the crew's work. • Be polite and friendly. • Check the rental rules with the company: each company may have its own rules of conduct on the yacht. Be sure to familiarize yourself with them before going to sea. What is forbidden on a yacht (usually): • Transportation and use of drugs. • Transportation of weapons and explosives. • Violation of UAE customs regulations. • Going to sea without the permission of the captain. • Operating the yacht under the influence of alcohol or drugs (if you have the right to manage). Consequences of violating the rules: • The lessor company may charge you a fine. • You can be dropped off the yacht at the nearest port. • You may be held liable in accordance with UAE law.

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Are there any age restrictions for yacht passengers?

Yes, our company has a rule.

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Is there a captain in Dubai?

Yes, I have.

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What documents are needed to rent a yacht in Dubai?

To rent a yacht in Dubai, you will need: - Passport: For signing a contract. - Credit card: To pay the rent. Many yachts are equipped with terminals for accepting bank cards.

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How to arrange a business meeting on a yacht in Dubai?

To organize a business meeting on a yacht: - Rent a suitable yacht: Choose a large-capacity yacht with a spacious cockpit, a yacht equipped with everything necessary for business meetings (audio-visual equipment, for example, a large TV or projector). - Plan your route: Take into account the duration of the meeting and choose routes with minimal interference, such as large waves or a cluster of noisy ships nearby. - Order catering: Ensure the availability of food and drinks for the participants. - Take care of audio equipment: Rent sound and lighting equipment, as usual on yachts there is no wired microphone, even if there are speakers. - Observe business etiquette: assign a dress code and standards of conduct for your event. This is important if you want everyone to come beautifully dressed, to a business event, not in flip-flops and shorts like on the beach.

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What are the average prices for yacht rentals?

Yacht rental prices depend on the type of yacht, the duration of the lease and the location. Approximate average prices in Dubai may be as follows: - Small motor yachts: from 350 to 1,300 AED per hour. - Medium-sized motor yachts: from 1,500 to 5,000 AED per hour. - Luxury superyachts: from 10,000 AED and above per hour.

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What kinds of sports are popular among Dubai residents?

Popular sports among Dubai residents: • Football: The most popular sport, there are professional clubs and many amateur teams. • Cricket: Very popular among expats from South Asia, they also have their own teams. • Equestrian sports: Horse racing and polo are very popular, especially among locals. • Golf: There are many golf clubs, tournaments are held. • Tennis: It is popular, there are good courts. • Water sports: Diving, Sailing, Kitesurfing, Water skiing, Swimming. • Fitness and gyms: Very well-developed infrastructure, popular classes in fitness centers.

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What shopping opportunities does Dubai offer?

Dubai rightfully earns its title as a global shopping haven. Dubai Mall, the world's largest shopping center, offers everything from luxury brands to high street names. I spent an entire day there and felt I only scratched the surface of its offerings. Mall of the Emirates is famous not only for its stores but also for Ski Dubai - an indoor ski resort. For a more authentic experience, visit the Madinat Jumeirah Souk - a modern market styled in traditional fashion, where you can purchase souvenirs, spices, and local artisan goods. And if you're seeking bargain deals, Dubai Outlet Mall offers discounted merchandise year-round.

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Besides Burj Khalifa, what other skyscrapers are worth seeing?

Dubai is renowned for its unique skyline, and besides the Burj Khalifa, there are many other impressive skyscrapers. The Burj Al Arab is a luxurious hotel shaped like a sail, standing on an artificial island. I couldn't miss the opportunity to have a cup of tea there while enjoying the sea views. The Emirates Towers are two elegant skyscrapers reflecting sunlight and symbolizing the city's business prowess. The Cayan Tower, also known as the "twisted tower," rotates 90 degrees from base to top, creating a stunning visual effect. Walking along Dubai Marina, I was amazed by the architectural diversity and boldness of the design solutions.

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What is the cost of living in Dubai?

Dubai is considered one of the most expensive cities in the world, but the cost of living largely depends on your lifestyle. Living in luxurious neighborhoods and eating in high-end restaurants, of course, will not be cheap. However, there are many options for a budget vacation. I found that local cafes and markets offer delicious food at reasonable prices. Public transport is accessible and efficient. Accommodation in mid-range hotels or renting an apartment through short-term rental services can significantly reduce costs. Entrance to many attractions is paid, but there are also free activities such as beaches and parks. In general, with proper planning, you can enjoy Dubai without excessive spending.

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