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Cost Effective and Professional Accounting & Tax Strategies

Sandhurst Consultancy is your source for cost effective professional accounting and taxation services for businesses in Singapore.

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#Lincoln international #tax #lawyer discusses International Tax Lawyers #CorpusChristi | International #TaxLaw and Equality http://ow.ly/gHNG30h8cnz

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#Countries #where #there #is #no #income #tax | #Paying #no #tax | #दुनिया #के #ऐसे #देश #जहां #नहीं #लगता #इन्कमटैक्स

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World's countries where there is no income tax

There are many confusions related to income tax in the country such as when income tax takes place and how much income tax is levied.
If you have to deposit cash,buy a share,buy a mutual fund or buy property such as land, fixed deposits, foreign currency transactions.
Such large transactions, transactions or every year you have to pay some part of your earnings to the government in the form of income tax.
But do you know that there are some countries in the world that whatever you earn, but do not have to pay any taxes.

list of countries theirs has no pay income tax

qatar
dubai (United Arab Emirates)
oman
saudi arabia
bahrain
bermuda
monaco

qatar
Situated along the Persian Gulf, this city is famous for its elegance and excellent architecture.
Qatar is the richest country in the world.
Income tax is not levied from any citizen in Qatar and no taxation of any kind is taken.
In Qatar, taxes are taxed by 5 percent tax on social security and 10 percent from local employees.

dubai
Dubai is famous for its finest architecture all over the world.
Dubai's government and economy are considered to be the most stable in the world.
The GDP here is based on oil and gas exports and tourism.
Per person income is highest in Dubai.
Even here no income tax or capital tax is taken from anyone.

oman
oman exports oil and gas. Oman does not have any type of tax to pay as much as you spend in the form of a government tax.
Oman does not have any type of tax.

saudi arab
world's Number One Oil Exports There is no personal income tax in Saudi Arabia,
but social security payments and capital gains have to be paid.

bahrain
Income tax is not taken from the citizens in Bahrain.
However, 7 percent of the citizen's income is to be given in social security.

bermuda
Bermuda is one of the richest indigenous people in the world. There is no income tax in this country too

monaco
Located in Europe, Monaco is the second smallest country in the world.
Monaco is close to Switzerland, France and Italy.
Here the people of France live the most. French citizens here do not have to pay income tax

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