Why Dubai is tax free?

Dubai is one of the few countries in the world that has no personal income tax. This tax-free status has been a key factor in attracting foreign investment and talent to the country. The lack of personal income tax has helped Dubai establish itself as a hub for international business, tourism, and commerce. Instead of relying on personal income tax, the government of Dubai raises revenue from other sources, such as corporate taxes, property taxes, and customs duties. Additionally, Dubai's economy is heavily reliant on oil revenue, which has allowed it to maintain its tax-free status. However, it's important to note that this tax regime is unique to Dubai, and other countries in the region have different tax systems.