Dubai set to launch its own tax-free 'Crypto Valley' - Decrypt The ruler of Dubai and also vice president and prime minister of the United Arab Emirates (UAE) Sheikh Mohammed bin Rashid Al Maktoum announced on his official Twitter account on March 9 . 2 min read. Become a Wealthy Expat client https://wealthyexpatcall.com/book HOW TO . Cashing Out Crypto Gains in Dubai | OffshoreCorpTalk This green light for crypto trading is one of the initiatives taken by the country to become a global crypto hub. Currently, Dubai has over 30 such zones operating. Unlock all the amazing benefits by joining Crypto Expo Dubai 2022 as Exhibitor/Sponsor. India's 30% tax on crypto profits and 1% tax deducted at source drew strong criticism from the Indian crypto community. Dubai launching crypto valley in tax-free zone Secure and transparent process of purchasing with Bitcoin, Ethereum, Stablecoins and other major cryptocurrencies. The biggest crypto heist of all time, free money and tax on crypto ... Founded in 2015, Dubai-based BitOasis is one of the largest crypto exchanges in the Middle East market. Dubai to establish tax-free Crypto Valley to enhance business landscape El Salvador. The Dubai Financial Services Authority (DFSA), the DIFC's regulator, is working on its own virtual asset legislation. Tax may apply. The tax of cryptos in Dubai equals zero percent if you use cryptocurrencies for trading or receive them as a salary. Malta doesn't apply capital gains tax to long-held digital currencies like Bitcoin, but crypto trades are considered similar to day trading in stocks or shares, and attract business income tax at the rate of 35%. Free-trade zones (FTZs) in Dubai are special economic zones that offer tax concessions and custom duty benefits to foreign investors. Crypto tax in Dubai / Swiss and Portugal - reddit WazirX shifts base to Dubai: Impact of Crypto Tax?