According to the German Newspaper Handelsblatt, more and more entrepreneurs are moving to Dubai.
"There is no income tax or corporate tax. While the tax and social security burden for an average earner in Germany in 2018 was 49.5 according to the OECD Percent, it completely disappears in Dubai. A total of 1,000 German companies have settled in the Emirates since the end of the financial crisis."
What are you waiting for?
The whole report from Handelsblatt, Thursday, July 2, 2020 (German)
